Newbies looks on the money management in a confused manner when it’s been discussed. The truth is that every trader must pass this stage in forex business. Sometimes you wonder why money management is been talked about in forex business. It’s not bad you wonder about this in fact you have every right to wonder why many experienced trader will tell you about money management. The truth about surviving in…
Improve Forex trading success rate with 4 simple steps Anything that can be measured can be improved. Let us improve your success rate! Today I will focus on the following steps: How to review past performance to improve success? How to write the plan for success? How to Increase concentration when trading? How to Stick to your trading plan? Step 1: Now please pull out your trading results from your…
ECN Broker or Market Broker? Most Forex brokers can be divided into two types: brokers that use an ECN system and brokers that are market makers. Some brokers operate both ways, depending on the account. Before choosing a Forex broker it’s important to understand how each of these operates and the advantages and disadvantages offered by each one. ECN An ECN network has hundreds of liquidity providers all sending quotes…
Introducing WebTerminal, the web version of MT4, Exness forex broker is proud to be one of the first few brokers in the market to provide this service to traders! MT4 web version now available! Trade on WebTerminal anywhere, anytime! As a client of Exness, you can now trade anywhere, anytime, easily via WebTerminal on our website. Forget about bringing your laptop everywhere you go or installing MT4 on various devices!…
We hear a lot about the advantages of reading expert advisor reviews before you invest in one, but can you actually trust them? There are so many different types of robots and different types of Forex traders, that even if an EA or expert advisor has the best reviews in the world, it still might not work for every individual. That might be a surprising statement. You can probably imagine…
When Trading Forex, one of the main cornerstones of your trading system will be a method or technique that helps you select the entry and exit points of all your trades. To achieve this, many newbies resort to listening to hunches or tips from so-called Forex gurus whilst others follow price alerts provided by the financial media or their Forex brokers. However, if you adopt any of these approaches, you…