One of the most important elements of profitable forex trading consists of prudent money management. While it may not sound glamorous, knowing about forex position sizing could save you considerable ...

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Instead of letting fear or greed take control, smart position sizing keeps risk manageable, allowing decisions to be guided by logic rather than emotions. By managing position sizes effectively, ...

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 ...

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 ...

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Say you have $20 k in your account. And you have a perfect trade strategy or a trading mentor whom you follow. All is going well and you seem to be on the roll. You have had 2 good trades already ...

Kenya’s forex market has been growing steadily, almost quietly. In Nairobi’s Westlands, in Mombasa’s business hubs, and even in smaller towns where mobile money is part of everyday life, more traders ...

How many forex positions should you actively trade? While you can hold as many positions as your account size allows you in stocks, in forex trading, it is a different story. Today we are holding off ...

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 ...