admin on October 16th, 2010
Many beginning currency traders ask what Forex spread is. Despite the common unfamiliarity of this term to the laymen, it’s a rather simple concept. Nevertheless it’s also very important in Forex trading as the profits and losses depend on the spreads of the currency pairs. Definition. Forex spread is a difference between the price you can buy a currency pair from the market (Ask) and the price you can sell a currency pair to the market (Bid). [...]
admin on May 16th, 2010
The concept of the pending orders can seem somewhat complicated to the new Forex traders. The way they are used or why they are used at all isn’t that obvious compared to the standard trading orders. Pending orders help traders to automate the process of trading and remain in the market, while being not in front of their Forex terminals. There are 4 basic types of pending orders and 2 derived types (which are quite [...]
admin on August 22nd, 2008
In the world of currency investing, the three terms “stop loss”, “take profit” and “trailing stop” are widely used, since they are the best known kind of limit orders that are used to close a trade under specific conditions, allowing the investor to greatly reduce its risk exposure and trade with more serenity.
admin on August 14th, 2008
In forex like in other forms of investment, deciding beforehand exactly how much you’re going to risk in a trade and when you’ll be getting out is something of the utmost importance. In forex more than in other markets, though, novice traders tend to avoid this fundamental step completely.
