Traders can track key statistics using the reporting feature. Track your average profits to avoid the trader’s number one mistake. Review trades by currency pair to identify the best times to ...

Forex trading is essentially trading currencies. ... Track your trades: Make a note of what happened when you sold or what prompted you to place a market trade, and how it worked out.

If you’ve ever asked yourself how to trade forex but felt overwhelmed by charts, jargon, or fast-moving markets -- you’re not alone.

If your trading account has a $50,000 balance then 2% of that amount will be $1000 of risk per trade. A $1000 risk per trade may be a huge amount to a trader with a balance of $5000 in his account.

The global forex trading platform market was worth an estimated $11.3 billion in 2023 and is expected to swell to $24.2 billion by 2032, representing a compound annual growth rate of 8.9%, ...

Add articles to your saved list and come back to them any time. Traders should look at Forex trading as a business. Learn to track and record your progress by creating a trading journal. Article ...

Leverage in Forex Trading . In the foreign exchange markets, leverage is commonly as high as 100:1. This means that for every $1,000 in your account, you can trade up to $100,000 in value.