Support and resistance are the backbone of technical analysis in Forex trading. They represent areas on a chart where price tends to react, pause, or reverse. Understanding these zones can elevate your market analysis, enhance entry/exit timing, and improve your overall strategy. But how do you accurately identify these levels? This lesson breaks it down … Read more
If you’re new to Forex trading, a demo account is your best friend. It’s your risk-free playground to practice trades, test strategies, and understand how the market works—without putting a single dollar on the line. Whether you’re aiming to become a full-time trader or just trying to understand the ropes, a demo account is the … Read more
Choosing the right trading platform for your analysis can make or break your performance. For most retail traders, the debate often comes down to two giants in the game: TradingView and MetaTrader (MT4/MT5). These trading platforms cater to different kinds of traders, and understanding their core strengths and weaknesses is essential for aligning your analysis … Read more
Whether you’re a beginner just getting started with Forex trading or an experienced trader setting up a new terminal, installing and configuring MetaTrader 4 (MT4) or MetaTrader 5 (MT5) is your first step into the world of trading. Both platforms are renowned for their speed, stability, and rich feature sets. In this lesson, we’ll walk … Read more
When it comes to online trading, choosing the right platform is as important as selecting your strategy. Two names dominate the landscape: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both developed by MetaQuotes Software Corp, they’re powerful tools—but they serve different purposes and suit different types of traders. So, if you’re caught between these two … Read more
In the age of digital overload, the term screen time often gets a bad rap—associated with distraction, procrastination, and wasted hours. But let’s flip the script. When used intentionally, screen time in Forex trading—specifically time spent watching and analyzing charts—can be one of the most powerful learning tools in your arsenal. Whether you’re a student, … Read more
In Forex trading, understanding how much you stand to gain—or lose—before entering a position is not just smart. It’s essential. Whether you’re managing risk, backtesting strategies, or simply ensuring your trades make sense, a Forex profit and loss (P&L) calculator is one of the most valuable tools at your disposal. In this guide, we’ll break … Read more
When it comes to trading Forex or any leveraged product, one of the most important decisions you’ll make is choosing the right leverage ratio. Done right, leverage can amplify your gains. Done wrong, it can wipe out your account in hours. So how do you find that sweet spot—where risk is controlled and returns are … Read more
Calculating lot size in forex trading isn’t just math—it’s one of the most important skills a trader can master. If you get it right, you protect your capital, stay in the game longer, and give your strategy room to work. Get it wrong, and you’re one bad trade away from blowing your account. Let’s break … Read more
In forex trading, success doesn’t just hinge on predicting where the market is heading — it depends on how much you put on the line. This is where the concept of lot sizes comes in. If you’re serious about managing risk like a pro, understanding the difference between micro, mini, and standard lots is non-negotiable. … Read more