Whenever a new discipline is undertaken, one of the most basic factors for success is familiarity with the terms utilized by those practicing in that area. Trading in the foreign exchange (FOREX) market is no exception. This article will help new traders understand some of the terminology common in the …

Close to 95% of all Forex traders will lose money. We’re not just talking about novices, either. Whether you trade Forex for a living, as a hobby or just for fun, odds are against your success. That’s a simply astonishing fact. However, the remaining 5% of Forex traders somehow manage …

Knowing and understanding basic trading terms can help to build the confidence of a trader. This confidence is exuded not only in trading activities but also in financial discussions with other traders. Comprehending the basic terminology also aids the learning process itself, since knowledge is cumulative, building on previous concepts …