Forex, or the foreign exchange market, is where trillions of dollars change hands daily through currency transactions. Successful trading in this dynamic market requires not only theoretical knowledge ...

One of the most important elements of profitable forex trading consists of prudent money management. While it may not sound glamorous, knowing about forex position sizing could save you considerable ...

What is a Lot in Forex? In forex trading, a lot refers to a standardized unit of measurement for the transaction size of a particular currency pair. Lot size is generally expressed in terms of the ...

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Trading foreign currency can be rewarding. At the same time, it can be confusing, especially for beginners. You must be familiar with different terms and concepts. Among others, one thing you should ...

To size your position, you need to know what your stop loss is, how much money you have in your account and what percentage of your account you are willing risk. If you aren't consistent, you'll lose ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...