It's normal to assume there will be a change in policy when an institution has a change of leadership. In fact, it's kind of unavoidable. Even for an institution like the ECB which has a mandate of maintaining stability, there are different… Read More
As a general rule, there is no limit to how long you can keep a trade open.
Some brokers might put limits, but any reputable Forex brokers won't. As long as there is a market, theoretically, you could keep your trade open forever.… Read More
This is a trick question because it depends on who you ask.
To someone who has a good strategy and risk management scheme, Forex trading is definitely worth it. They do it consistently, and in many cases, live off of it.
If you ask… Read More
People probably don't think about it, but Forex is arguably the oldest financial exchange instrument.
It has a lot of firsts to its credit, as a consequence. Foreign exchange has been constantly evolving and finding new ways to… Read More
Forex is by far the largest financial market out there. It outstrips the stock market by a couple of orders of magnitude.
Of course, banks are not going to stay on the sidelines of such a large amount of money. In fact, Forex is largely… Read More
Trading A Small Forex Account
One of the biggest challenges facing many new Forex traders is the size of their account.
It can be difficult to reconcile the level of your ambition when starting out with your own financial limitations.… Read More
One of the biggest mistakes that many new Forex traders make is wrongly believing that they do not need a strategy.
Lots of new FX traders think that successful forex trading is about merely looking at the charts and being able to trade… Read More
Is Demo Trading Worth It
There is a perennial debate among FX traders over the value of demo Forex trading.
Some traders swear by it and say it is the best way to get used to trading Forex before going live.
Others say it is a waste… Read More
When we are talking about the Fed in Forex, generally we are referring to the decisions made by the Federal Open Market Committee, or FOMC.
They are the ones who vote on monetary policy, led by Chairman Jerome Powell.
Analysts… Read More
The simple and probably most useful answer is "yes".
But, like all things, when it comes to sophisticated financial instruments, there are caveats.
The thing is, Forex is quite broad. And in many cases, it is used as a way of… Read More