The Forex market can be a very enticing market for speculative traders to start trading. Forex offers a wide range of benefits and comes with a lot of opportunities. Some of the reasons that Forex is so popular for retail traders is because it is open 24/7, you can make profits from price both …
Beginner Trading Lessons
What is the Take Profit Order and How to Use it
When trading your take profit order is used when you are exiting your trade for a profit. Whilst the most common form of a take profit order is a pending order, you can also use an ‘at market’ order to take your profit. In this post we look at exactly what a take profit order is and how you …
What is Margin When Forex Trading?
Margin and leverage go hand in hand in trading. Margin is the amount of money you will need to invest up front to place your trade. Leverage is what your broker will give you to make the trade. Read the beginners guide to leverage here. The amount of margin you will be required to use in …