Understanding Currency Names

5 years ago forexsimulation 0
Professional traders and not only, are not using the full name of a currency when addressing it. When you spend the whole day watching markets and the way price action for a currency is moving, then addressing it with the whole name is time-consuming. Therefore, a currency short form appeared. Moreover, these short form is Read More

How much leverage should you take in Forex?

5 years ago Forex 0
Leverage is a very important part of Forex knowledge. Leverage is the advantage where traders with small capital can trade the market for big trades. It gives them the opportunity to trade the market as if they have a large account. Though it is very profitable for traders who have mastered the art of using Read More