Author: Kimora Diep

How to calculate your position size

.Reading time 7 minutes.

Position size is the single most crucial element in your trading, more than a correct entry or a correct stop. More than any strategy or self-psychological control ability, position size can make or break your trading career. Therefore, don’t take it lightly because it is truly the “holy grail” of trading. After trading for a […]

Read More

How do you actually trade forex

.Reading time 10 minutes.

It may seem a little confusing at first but really, it is quite simple. Forex is a leveraged financial instrument, as is Options, Futures, CFDs, Warrants etc. You trade Forex in ‘lots’. That is basically the industry standard, but there are brokers out there that do things slightly different. For example, Oanda trades in ‘units’, but they can […]

Read More

What you must know to trade

.Reading time 3 minutes.

Trends and ranges  Markets can only do two things: range bound or trend. That means that whether they are trapped in a smaller zone going up and down without breaking this zone, or they can trend, meaning they go constantly in the same direction, further and further: higher and higher or lower and lower. However, […]

Read More

Currency Pairs

.Reading time 9 minutes.

There are several currency pairs that can be traded, but the majority of traders just stick with a group of about 8 to 10 pairs. First up, we have what they call the ‘majors’. These are by far the most popularly traded currency pairs. The majors include: EUR/USD Euro against the US dollar USD/JPY US dollar […]

Read More