Demo Trade Your Way to Success.

You can open a demo account for FREE with most forex brokers. These “pretend” accounts have most of the capabilities of a “real” account. But why is it free? It’s because…

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Types of Forex Orders.

“Would you like pips with that?” Okay, not that type of order. The term “order” refers to how you will enter or exit a trade. Here we discuss the different…

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What is a Lot in Forex?.

In the past, spot forex was only traded in specific amounts called lots, or basically the number of currency units you will buy or sell. The standard size for a lot…

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What is a Pip in Forex?.

Here is where we’re going to do a little math. You’ve probably heard of the terms “pips,” “pipettes,” and “lots” thrown around, and here we’re going to explain what they…

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Know When to Buy or Sell a Currency Pair.

In the following examples, we are going to use fundamental analysis to help us decide whether to buy or sell a specific currency pair. If you always fell asleep during…

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How to Make Money Trading Forex.

In the forex market, you buy or sell currencies. Placing a trade in the foreign exchange market is simple: the mechanics of a trade are very similar to those found…

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