Learn to Trade

Forex Online Learning

Forex Basket Trading

Forex basket trading, otherwise known as carry trading, relies on obtaining a basket of currencies that when combined provide a solid hedge while producing an income from the carry interest.Sound complex? It really isn’t.The Basics of the BasketTo create a forex basket, investors seek out reliable trading pairs that are predictable and offer very [...]

Forex Backtesting

Backtesting has both fans and dissenters, but it remains a popular way to test the merits of an algorithmic strategy. A forex backtester might say, “if the system or algorithmic trade worked in the past, why wouldn’t it work today?”Backtesting a forex trading system isn’t particularly hard. With the advent of online trading, [...]

Forex and Averaging Down

Ever entered a trade and watched it go down? Did you then think “Man, if I liked this at X price, why wouldn’t I like this at X minus a few bucks?”If you did, you were thinking about averaging down on a position. That is, buying more of a trade after your first [...]

Forex Buying Power

There is no other market in the world with the same buying power, or leverage possibilities, as that of the foreign exchange market. But the reason the foreign exchange market is so leveraged has nothing to do with the extreme risks traders take. No, it has everything to do with how relatively boring [...]

Forex Account Sizes

There is plenty of discussion by both strategists and brokerages about appropriate account sizes. While forex is considered highly unregulated compared to other financial markets, most brokers are reasonable and considerate about the proper role of capital in a trading account.Nearly all brokers have a minimum account balance, and only one (that I know [...]

Trading Forex Without Indicators

“Look dad, no hands!”Foreign exchange trading is probably the most technical of any type of trading. From stocks to bonds to options and futures, no market has as much participation from technical analysts than the forex market. However, just because the majority are technical traders doesn’t mean there isn’t plenty of room for [...]

Foreign Currency Trading Scams

Unfortunately, not all websites and brokers out there are out to provide the best services. Many are actually foreign currency trading scams that prey on new investors. There isn’t just one kind of scam, there are many different ways investors may be taken for loads of money in the foreign currency business.Bad BrokersOne [...]

Foreign Currency ETFs (List)

When it comes to making money with foreign currencies, or forex, it isn’t all about trading pairs and lots. Forex traders also have the option of trading ETFs, or exchange-traded funds, that trade just like stocks on the New York Stock Exchange.What is an ETFAn ETF is simply a fund of holdings that trades [...]

Forex Scalping Techniques

Forex scalping, or taking quick profits on short term trades, is one of the most popular forms of forex trading. This approach is highly profitable and rewarding, and many people make enough to generate as much as their previous career. Yep, some people really do make a living scalping forex.Forex Scalping TechniquesThere are [...]

Trading Forex on a Mac

Unfortunately, not all computer systems, operating systems, and hardware components are supported by forex brokers. Mac, or Apple computers, are one brand of computer manufacturer that are heavily under-supported by forex brokers.Trading Forex on a MacIt is not the computer itself, or the operator for that matter, that prohibits access to a forex platform. [...]