-
Margin vs. Free Margin in MT4 and MT5: What Traders Must Know
•
Understanding Margin in Forex Trading Definition of Margin A margin is essentially a deposit that the person must pay to enter and to keep a trading position that is under leverage, thereby acting as a sort of collateral that is charged by their brokers with some measure of assurance that their potential losses will…
-
MetaTrader vs TradingView: Which One Suits Your Trading Style?
•
Key Points Compared to the other, MetaTrader is mostly for a specific user group. This means that you can meet the needs of forex traders who ask for algorithmic trading and their corresponding benefits with MT4 and MT5. But altogether, it would make up for the advanced charting and social trading that TradingView offers…
-
Understanding Gold Pips: How to Read Price Movements Accurately
•
What Are Pips in Gold Trading? Definition and Importance of Pips in Gold Most traders use pips, short for percentage points, as the smallest price-movement unit in financial markets. With regard to gold trading, a pip is a fairly standardized price movement used by traders to quantify fluctuations and thus assess risk. While currency…
-
How to Trade USDJPY During Asian and U.S. Sessions
•
Let us say that trading USDJPY can bring a handful of profits; however, trading it must take into consideration all the market dynamics, strategies, and, mostly, time. Trade between the dollar and yen is one of the busiest trading sessions of this planet; knowing how to watch it during the right frame of time,…
-
Micro Lot vs Mini Lot: Understanding Lot Sizes in Forex
•
The Basics of Forex Lot Sizes What is a Lot in Forex? In forex trading, a lot is the standardized unit of trade volume. This system eliminates the need for purchasing single currency units and instead requires traders to buy and sell predefined lot sizes. Lot sizes ensure consistency in trade execution. There are…
