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Forex Definition

What Is A Stop Loss Order In Forex?

By Steven Hatzakis → Thursday, January 18, 2018
There are no definite rules to set stop loss order, but there are some strategies that you can consider applying to your trade. Let’s find out!

What Is a Stop Loss Order?

Stop loss order, also called “stop order” or “stop market order”, is one of the most complex terms in the Forex market to understand and put into practice. It is an order that cancels your current trading position when the amount you lost has reached the stop loss point that you set in the beginning. The stop loss order limits the loss that a trader has to carry and it is most used in a long position.

What Is Leverage In Forex?

By Steven Hatzakis → Saturday, January 13, 2018
Leverage in Forex is a double-edged sword but used a lot in trading, making it a basic yet essential term that every trader has to understand fully.

Introduction

There are now more and more traders participating in the Forex market and if you’re new to this, you would often hear the term leverage while trying to gain higher profits. Leverage in Forex is what makes the mundane market more fun and exciting. It brings out the gambling element in the market by putting a lot of your money on the line.

What Is A Pip In Forex?

By Steven Hatzakis → Sunday, January 7, 2018
Pip in Forex is one of the most fundamental terms that every trader have to understand fully. And this post gives you the best explanation of it! 

Introduction

As a Forex trader, you have to get familiar with a lot of numbers. The more information and data you have, the easier it is for you to keep track of the currencies. So, it’s essential for you to have basic knowledge and understanding of the terminologies used in the market. One noteworthy term is Pip. In this post, we’d like to offer you the definition and explanation of how a Pip in Forex work.

What Are Major Forex Currency Pairs?

By Steven Hatzakis → Monday, December 25, 2017
A good way to start trading Forex is to start with what you know. So, it is advised to start trading with major Forex currency pairs first!

Introduction

As the name implies, the foreign exchange transactions revolve around the exchange of currencies, meaning that one currency can be converted to another type of currency with a rate called exchange rate. As currencies are transacted in pairs in the Forex market, they are commonly known as Forex currency pairs.

Forex Capital – How Much Do You Need To Start Trading?

By Steven Hatzakis → Friday, December 22, 2017
Want to wade into one of the world’s most liquid markets – Forex? Wonder how much Forex capital is needed? Don’t procrastinate, your answer is here!

Before participating in the Forex market to increase your income, many beginners are curious about how money should they need to start trading. Well, this is a common concern so-called the Forex capital. If you’re looking for the answer to this question, our post can help you!

What Is Forex? And What Is It Pros And Cons?

By Steven Hatzakis → Thursday, December 21, 2017
Forex appeals greatly to traders and businessmen, and it has many advantages that no other markets have. But what is Forex, exactly? Let’s find out!

What Is Forex?

Forex is a marketplace where the country’s currencies are traded for another’s. It plays an important role in many businesses and has the most excessive daily trading volume of nearly $4 trillion.