“PIPs” as a unit of measurement in the forex market Knowing what PIPs are is...
Spreads
The exchange rate between two currencies is always expressed in 2 slightly different prices, whether you are lo...
Parameters of a trade
Each time a trader executes a position in the market, he will have to think about 3 important parameters that ...
Buying and selling
We have referred to buying and selling multiple times up to this lesson, but let’s dive into this concept a ...
Price charts
Price charts are one of the most important factors to trading. A price chart is simply a sequence of prices ...
Types of orders
Each trader must have a certain set of entry criteria, which when met ‘allow’ him to enter the market. After...
What is ‘lot size’ in forex?
Determining lot size on MT4 We have so far di...
Principles of risk management
Risk management is one of the most crucial determinants of a trader’s long term success in the market, becau...
How to calculate lot size and risk (forex)
As mentioned in the previous lesson, the risk in term...