Frequently Asked Questions

Can I get rich trading the forex? It depends on what you mean by getting rich.  Being rich will mean different things for different people.  Yes, you can make money…

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Forex trading where to start

If you are new to trading and you are thinking of getting involved into the Foreign Exchange Market, it can be difficult to know where to start or who to…

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Forex Trading Platform

In order to execute your Forex Strategy, you will need to to find and sign up with a broker in order to get access to a platform to do so.  Irrespective of…

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Forex Strategy

No matter what strategy you will be learning or developing you must be able to identify the following within that within that strategy. What condition must be present before you…

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How To Calculate Pip Value

HOW TO CALCULATE PIP VALUE WHERE THE SECOND CURRENCY IN THE CURRENCY PAIR MATCHES THE CURRENCY OF YOUR TRADING ACCOUNT If your trading account is in US dollars and you are trading…

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How To Calculate Position/Lot Size

What is Position Size in Trading? Position size is VERY, VERY, VERY important when in comes on to risk management.  Position size is also called lot size.  It is the…

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How To Calculate Risk

Forex risk management very important. Before you can manage your forex risk you first need to know how to calculate it. Forex risk is very easy to calculate. Let’s look…

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