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What is Margin in Forex？
Margin in forex trading is essentially the required minimum capital that a trader needs to commit to open and maintain a trading position. This amount serves as security for the leverage extended by brokers. For example, with a 2% margin requirement, a trader can manage a $10,000 position by only depositing $200, effectively borrowing the remaining amount from the broker. Brokers determine margin as a percentage of the total trade size, which traders must provide to initiate a trade. Should the trader's account equity drop below the set maintenance margin, brokers have the right to call for additional funds to sustain the position. This margin serves as a protective measure against possible losses in trading.
What is a pip in forex？
A “pip” in forex trading, short for “percentage in point”, represents the smallest price movement in the exchange rate of a currency pair. It is a standardized unit of measurement used to express the change in value between two currencies.
What is a forex god?
The term “Forex God” stands as a metaphorical epitome of excellence in the field of foreign exchange trading. It's a label informally coined within the trader community, denoting an individual whose expertise and success in the forex market are extraordinary. These individuals are distinguished not just by their financial gains but also by their profound understanding of forex market intricacies, astute insights into global economic variables, and their ability to anticipate market shifts with remarkable precision.
What is the Forex Market?
The foreign exchange market (forex, FX (pronounced "fix"), or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the credit market.
What is scalping in forex?
Scalping is a popular trading strategy used primarily in the Forex market, characterized by the execution of a large number of trades to capitalize on small price movements. Unlike other trading strategies that aim for significant price shifts and may hold positions for hours, days, or even weeks, scalping is all about speed and precision.
Is Forex Trading Profitable?
Forex trading, also known as foreign exchange trading, is the global marketplace for buying and selling currency. It stands as the largest and most liquid financial market worldwide, with transactions exceeding $6 trillion daily. Unlike stock markets confined to central exchanges, Forex operates through electronic networks and phone lines, facilitating online FX market activities 24/7 across key financial centers.
How Does MT4 Trade Manager Work?
MT4 Trade Manager is an absolute time saver and a powerful tool that enhances trading performance by offering features like trade automation, risk management, trade tracking, and backtesting, increasing profits and boosting trading experience.
Mastering Deriv Trading: Strategies and Insights for Successful Deriv Traders
There are many different ways to approach day trading, but commonly the best day-trading stocks are those that have big investor action behind them – which naturally can result in big one-day moves.
Trading Order Types Cheat Sheet
Understanding the various order types available for trading is essential for executing your trading strategy effectively.
Understanding Bullish Candles: Key Indicators of Market Strength
The Candlesticks Chart is considered to be the most popular chart type, also the oldest one, developed in the 18(th) century.
Types of Forex Orders
Lets talk about orders.
Maximizing Your Trader Account: Effective Strategies and Practical Tips
A trade account is a specialized account that allows individuals or businesses to buy and sell financial instruments like stocks, bonds, or currencies.
Impress Your Date with Forex Lingo
As in any new skill that you learn, you need to learn the lingo… especially if you wish to win your love’s heart.
The Bid and Ask Price Explained
Let’s explore the concepts of “bid” and “ask” prices further.
What is a Spread in Forex Trading?
Forex brokers will quote you two different prices for a currency pair: the bid and ask price.