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Demo account contests are a great way to test your knowledge, gain experience and get a chance to win your first (or additional) real money deposit. But they have one more advantage. You can think of demo contests as an opportunity to test…

Trading is a very intensive process that requires intellectual involvement and undoubtedly affects the emotional sphere of an active participant in the financial market. When big profits are made, even an experienced trader is…

Two days ago we spoke about different ways to understand whether it is time to move from a demo trading account to a real trading account. However, we have not mentioned the differences of these types of accounts in terms of trading…

There are several external factors that affect Forex currency trading. These factors include trade reports, GDP, unemployment, international trade, manufacturing etc. The growth or decline in these factors affects a country’s currency…

The name of Thomas Demark, a legendary financial advisor and a talented specialist in the field of investment and stock trading, is widely known in the trading community. In his seminal work "Technical Analysis: A New Science", he…

Very often we hear from unsuccessful traders that the reason for their loss was the forex itself, a dishonest broker, or some other third-party circumstances. Why is it that beginners most often lose on the stock exchange, while at the…

Which forex account should a retail forex trader choose? There are various types of trading accounts depending on the deposit amounts and functionality. Once a novice trader decides to open forex account for the first time, the most common…

Such forex myths are wrong. The movement of the price of certain shares occurs under the influence of various economic factors due to the state of affairs of the company, industry, sector or the economic situation as a whole. The rest of…

Earning an income and trading forex on the Internet are two notions that many think of as an integral whole. The majority of people believe that interbank currency exchange is factually the only way to make profit. As can be seen in…

Dozens of books from classics and trading gurus have been read. Techniques of technical and fundamental analysis are mastered. There is an understanding of the market, experience and practice, but financial results remain unsatisfactory.…