A complete start in forex: how the currency market works, what moves prices, pips, lots and leverage, and how to open your first trade.
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In this post, we have put together information for beginners on how to invest in stocks. We described it in the most simple and accessible words. If you still think that investing in stocks is difficult, then this post is for you!
A cent account shows your balance in cents: a 10 USD deposit appears as 1,000 US cents, so every profit and loss is 100 times smaller than on a standard account. Beginners use it to move from a demo account to real money at minimal risk, and experienced traders use it to test strategies and Expert Advisors live. At RoboForex, this is the ProCent account, opened from 10 USD or 10 EUR.
This article is devoted to an issue that has always been topical for many traders: how to combine trading and employment? What does one need it for, and what can help one find time for trading if they are short of it?
A trading diary helps to not only prepare trades well but also analyze the results of trading.
Who is a “successful trader”? They are a trader who has learned to make a stable profit in financial markets. In this article, we will give 10 clues that will help beginners to become and feel like that successful trader.
Let us get started with the simplest questions: how did you find yourself in Forex? What was the reason for you to get interested in such a thing?
To gain experience and enhance your future results, you should start with a demo account, where you can test your trading system without risking your real money.
The influence of fundamental data on the dynamics of financial instruments is studied by a special type of analysis – fundamental analysis, an integral part of any trader training program. Fundamental analysis is applied to regularly published macroeconomic indices of certain countries and the world economy on the whole as well as to political events, relevant for the financial world.
Leverage means the ratio between the money you own and that borrowed from the broker. Different brokers offer different leverage sizes, which also depend on the market you are trading.
To trade with leverage, one must understand what it is and what we need it for. Leverage is a ratio of borrowed money to your own funds. It is also called trading leverage or financial leverage. To better understand what leverage is, study an example below.