Trading foreign currency can be rewarding. At the same time, it can be confusing, especially for beginners. You must be familiar with different terms and concepts. Among others, one thing you should ...
What is a Lot in Forex? In forex trading, a lot refers to a standardized unit of measurement for the transaction size of a particular currency pair. Lot size is generally expressed in terms of the ...
Trading the foreign exchange (forex) markets can be difficult at the best of times. Researching trades and exchange rates, planning the best execution, deciding on stop-loss and take-profit ...
Ask any experienced trader what separates someone who survives the forex market from someone who burns through their account, and they’ll likely say the same thing: proper trade sizing. It’s one of ...
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Forex stands for “Foreign Exchange” and refers to the active trading of currencies — exchanging one currency for another.
Many traders in Kenya learn risk management only after a painful loss. They start with excitement about forex or indices, then discover that even a good strategy can fail if position sizes are random.
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Yurle Villegas / Investopedia The forex market is a global, over-the-counter market where currencies can be ...