Foreign exchange trading could be a complex business to get into. The only way for any beginner to learn the ropes of forex trading is to go through intensive education and training. Quite heavy, so it seems. But, broken down in digestible chunks, you will soon be able to find your way around a successful [...]
Soon you will be raking in pips when you study forex trading at the School of Pipsology. This is because learning forex trading is made so much easier by people who like you have had their fill of self-educating before becoming successful forex traders. The School of Pipsology curriculum was developed with beginners like you [...]
Have you ever been all too interested in trying your hand at forex options trading and currency trading only to be discouraged by all the hard-to-understand terminologies and technicalities? That is because there is rarely a material that puts forex options and currency trading in simplest terms.
In all probability, you are left to do [...]
Making foreign exchange trading an easy thing to learn is a challenge to most educators. There are a lot of technicalities involved in a forex trade, not to mention the gut-feel a forex trader should have in making a successful forex trade. The School of Pipsology has made things as easy as can be by [...]
In any investment, the aim is to make more money. No one invest to lose money in currency trading. Sadly, not knowing proper money management can lose you money. Proper money management in currency trading can determine whether you earn profits or lose money.
Currency trading can be a lucrative business for people who practice [...]
If you are new at currency trading, the number of articles that tell people how to go about with their Forex trading activities can get you confused as to which piece of advice to follow. But when it comes to the use of Forex charts, you’d do well to remember that you can use all [...]
Most, if not all traders in the foreign exchange market would agree that trading in this market is not simple. Millions of traders lose their hard earned money every day in this market and are forced to quit. This is caused by simple mistakes in judgement and sometimes because these traders lack the information and [...]
If you are a beginner in Forex, understanding concepts and principles can be confusing. You don’t need to have a degree in accounting or business finance to appreciate the beauty and essence of money management in Forex.
Here are simple ways to understand money management in Fore:
1) Money management is deciding how much money [...]
Forex trading could be very taxing especially to those who are beginners in this type of dealings. This is the reason of existence of forex brokers. They are there to assist people interested in putting their money in forex trading and help them make intelligent choices that would result in the doubling or tripling of [...]
Foreign Exchange Trading is the business of buying and selling currencies. Money is bought so that it can be sold again later with profits. Trading comes in pairs so, you can choose to use your US Dollars to purchase Euros now and later sell these Euros when the rates are favorable for profit.
For example, [...]