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Practicing Risk Management in Forex Trading. Making money in forex trading requires a combination of knowledge, skills, and a disciplined approach. It is important to educate yourself on the ...
Create and Begin Using a Forex Trading Journal Today. Start using a trading journal today, even if you have been trading forex for a while. Though it might seem cumbersome, ...
If you’ve ever asked yourself how to trade forex but felt overwhelmed by charts, jargon, or fast-moving markets -- you’re not alone.
In forex trading, you always trade currencies in pairs. You buy one currency while simultaneously selling another. If you think the Euro will strengthen against the Dollar, you'd buy EUR/USD.
Forex trading is the act of buying one national currency while selling another. The exchange rate for these currencies is constantly changing due to supply and demand.