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To start with, it is supposed that before you enter an open position , you should have beforehand drawn out a trading plan with a well mapped out strategy which should provide for points where you should place potential entry and exit points; all

Simply put, hedging is coming up wit h means to protect yourself against a large loss. A hedge can be seen as an insurance on your trade. Hedging would help you to reduce the amount of loss you could suffer if something you don't expect happens to

Slippage is simply the difference in pips between the order price and the execution price for a particular trade. Slippage is a problem in all financial markets. And in the forex where traders enjoy fairly small profits on the average trade, slippage

Slippage is simply the difference in pips between the order price and the execution price for a particular trade. Slippage is a problem in all financial markets. And in the forex where traders enjoy fairly small profits on the average trade, slippage

Now let us take a look at what a spread is. The spread is the difference between the sell (also called ask) price and the buy (also called bid) price. Two prices are given for a currency pair . The spread stands for the difference between what your

In the forex market, a Lot is the least available trade size which you are allowed to place when trading the Forex market. In normal conditions, brokers will view lots by an increase of 1000 or a micro lot. It is vital to know that lot size have a

In this post I am going to explain what the gross product is and what influence it has in the forex market as regards moving the prices of currencies. Although a lot of traders these days are beginning to look down on the power of fundamental

As regards forming strategies , the forex trader has to decide on which market condition they decide to base their strategy on. Also they would also choose the timeframes they want to investigate or anlayse and possibly carry out the execution of