What is Forex
Forex is a decentralised market with no single location. It operates 24 hours a day, 5 days a week.
What is a PIP
Words like pip, point or spread can make you dizzy. Looking for an answer to the question what a pip is, you're in the right place.
What is a Forex Lot
The basic trading unit on the foreign exchange market is 1 Forex lot. It means 100,000 units of the base currency.
What is leverage in Forex
Forex leverage is a mechanism that allows you to open positions being a multiple of the funds on your trading account.
What is a Stop Loss Order
A Stop Loss (SL) is an order with an activation limit, which can be also called a defensive order or a loss cutting order.
What is a Take Profit Order
Take Profit is an order which automatically closes your trading position once it reaches a predefined price level set by you.
What is a Forex Demo Account
A Forex demo account is a trading account that corresponds with the real Forex account with the difference that the funds are virtual.
What is Technical Analysis on Forex
Fundamental analysis of financial statements of companies in the case of stock trading or the economic conditions and reports.
What is Fundamental Analysis
Fundamental analysis is the method of evaluating an instrument in an attempt to measure its intrinsic value.
Three Most Common Mistakes in Trading
Before you start your trading journey you have to accept one thing - trading is not an easy thing to do.