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How to Trade on Forex

Lot and leverage

Christopher Blair

To facilitate trading on the spot-forex market, the concept of a lot was introduced – this is the size of the deal. The standard lot is 100,000 units. However, not all “afford” to conclude such a big deal, so it was decided [...]

Lot and leverage

The value of trading on a demo account

Christopher Blair

Every novice trader understands that trading in the forex market is associated with risks, so no one starts to trade immediately on a real account. Brokers also understand that customers need to be given the opportunity to try [...]

The value of trading on a demo account

Types of orders

Christopher Blair

The term “order” means how you will enter or exit the transaction. Below we will describe the types of forex orders that each trader can place during trading in the foreign exchange market. I want to draw your [...]

Types of orders

How to open deals

Christopher Blair

Making a decision, selling or buying a currency is the main job of a trader. We will try to help you learn how to make decisions about the major currency pairs, relying on a

How to open deals

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We offer you the most effective educational books with practical advices for improving your trading skills.

  • "Day Trading the Currency Market" by Kathy Lien
  • "Elliot Wave Principle" by Frost and Prechter
  • "Technical Analysis" by Jack D. Schwager
  • "Japanese Candlestick Charting Techniques" by Steve Nison