Bad Forex Tips

Useless Forex tools and tips for beginners who do not work Learning to filter Forex tips: why not complicate trading with advisers, trading systems and complex indicators. Psychological self-deception in the search for signals. Each novice trader wants to find the “Grail” – a tool, strategy, advice that will help him earn literally with the…

How to calculate Forex lot size

The easiest way to use the calculator to calculate the value of the lot on the forex. Why even calculate a lot of sizes: Optimization of the position volume in relation to the deposit amount, taking into account the risk and the desired return on investment, allows you to balance the trade. The correct selection…

What is forex candlestick analysis

Today I decided to dwell in more detail on one of the subspecies of technical analysis, namely on the well-known topic – Forex candle analysis. In my article, as always, I will simply answer the basic questions: What is the candlestick analysis of the forex market? How effective is forex trading? How to read forex…

Part 1. Forex Useless Tools

There are so many on the Internet who are willing to share their experience with a novice trader. But they all forget one rule: “Do not give advice until they are asked.” Those who need advice are unlikely to be able to use it. Those who are able to take advantage of them do not…

What is Stop Out and Margin Call

The concepts of Margin call and Stop out: what it is and how to use it in trading. Practical calculation examples. Risk management model for predicting account levels Margin calls and Stop out are one of the trading conditions that must be indicated in the description of the account. A margin call is a notification…

Part 2. Useless Forex Tips

Internet pages are littered with tips for novice traders. One gets the impression that everyone wants to share their knowledge and skills, offering dozens of recommendations. True, Forex advice comes down to psychology (not taking risks, diversifying risks, not giving up, etc.) and general instructions on trading strategies. Of course, it is worth listening to…

The main types of candles

Quite often, disputes arise over the names of candlesticks in technical analysis. In order not to get involved in such disputes, I immediately make a reservation that I will offer you my own interpretation of the names of candles and the basic patterns of candle analysis, which are the simplest and easiest to remember. In…