For long-term advancement and profitability, education in online Forex Trading is a beneficial tool that helps you prepare and make informed trading decisions, instead of impulsive emotional decisions that often lead to account failures. In our article, Why Education and Training in Online Trading is A Must before Trading Forex, we discussed extensively how important […]
Forex is commonly traded in specific amounts called Lot Sizes, also referred to as Position Sizes, which are simply the number of currency units you want to buy or sell. Like buying 1kg of butter, or a dozen eggs from your local supermarket, anything you buy or sell is determined by a unit of measurement. […]
As extensively discussed in several of our previous articles, in addition to fundamental analysis, Forex Trading Investment requires you to learn the elements of analyzing forex charts; and staying disciplined. Having said that, it helps to chart out your own Trading Plan, and stay focused as much as possible, on that. The online forex market […]
Online Forex Trading is NOT GAMBLING. There’s a reason why only a small percentage of CFD traders are profitable over the long term; Without a clearly defined Trading Strategy, it’s very easy for retail investors to lose their trading capital within a short frame of time. There’s an old expression in business, that if you […]
You’ll often hear it said that the forex market is the most liquid financial market in the world, and indeed, it is. Liquidity refers to how active a market is, which in Online Forex Trading, is determined by the number of active traders and the volumes they are trading. We discussed this at length in […]
If any material, person, or enticing advertisement on the internet has given you the impression of Forex Trading as a “nothing for something” venture, we wish to appeal to you to disabuse yourself of that notion. Before you begin trading forex online, it is important to adapt to how the market operates, as well as […]
The Online FX Trading world can be full of unpleasant surprises for those with huge expectations but little preparation. With its low entry barrier, the online foreign exchange market is one of the world’s most accessible Day Trading markets. With the knowledge, a computer or smartphone, a stable internet connection, and a few hundred dollars, […]
Africa has seen a paradigm shift in the fronts of business operations in the past few years, especially in 2020 at the peak of the COVID-19 pandemic brouhaha. The African continent is creating an entirely new developmental path harnessing the potential of its resources and people, as highlighted by the World Bank Group report. Most […]
According to Foresight Africa Series 2019, Africa contributed an annual revenue of $1.2billion to the capital market. This amount, in comparison to the global capital market revenue contribution, is abysmal. Despite the meager capital market contribution, Africa continues to dominate the world as the continent has the most youthful population in the world, the report […]
By Julius K. SATSI, Accra The Women in Forex (WIF) Ghana with its partners have expressed optimism towards raising US$ 5,000 to support the needy in deprived communities through its Elevate Ghana Forex project. The fund, raised through benevolent individuals, will help train 1,000 youth in Forex through the “Elevate Ghana Forex” project and support […]