If you’re interested in the Forex market, you’ll find that there are plenty of blogs that will help you learn all about it. However, before you dive in, you should know that there are some important things to keep in mind. You’ll want to be sure that you understand exactly how Forex works, as well as how to make it a profitable business. The key is to learn what the most successful traders do, and then emulate them.
Pips are the smallest possible increment in the price of a currency pair. They are used in forex trading to calculate the exchange rate of two currencies. The value of a pip varies by currency.
Pips are measured in units of a percentage point. For instance, one pip is equal to a tenth of a move in the fourth decimal place.
It’s important to understand the pips. This is because it helps you evaluate the risk of your trades. In addition, it allows you to determine your stop loss targets.
Winners Edge Trading
If you’re interested in trading Forex or anything besides, Winners Edge Trading is a site you’re likely to come across. They have everything from tutorials to advanced training courses and an assortment of free tools that are worth checking out.
It’s also an outlet for philanthropic traders. The company’s founder, Casey Stubbs, has put his money where his mouth is by giving away his personal Forex trading journal, a trove of knowledge about how to trade forex like a pro.
Earn2Trade forex blog is one of the most popular financial blogs in the world. It provides the latest information on the currency market, and also recommends strategies for new traders. The blog is updated daily.
The Earn2Trade trading education website offers a range of courses and services for beginner and professional traders. Their entry-level course teaches basic market information, risk management skills, and trading instruments.
The trading education company also offers funded trading accounts, educational facilities, and webinars. It also has a team of experienced educators and traders. These professionals work with clients to give them hands-on experience.
The Benzinga blog is a gold mine of information for anyone who is interested in currency exchange. This is especially true for those interested in the more technical side of trading currencies like the buck or euro. If you’re looking for a bit of education to help with your burgeoning portfolio, you might be in luck. The aforementioned company’s site features free trade and currency news as well as an informative trader‘s guide and a smattering of unbiased trading tips from real pros.
If you’ve been looking for a forex blog with a cult following, Zero Hedge may be your answer. With a strong voice in the finance community, the site has been compared to a “fringe” blog, a far-right website, or an outlier.
Before it became famous, Zero Hedge was a no-frills site that was only read by financial professionals. The blog was a no-nonsense take on world news and finance with a critical lens.
After the 2008 financial crisis, Zero Hedge was popular among Wall Street insiders and finance enthusiasts. A lot of the early readers were day traders, though. They were running private message boards and poking holes in Zero Hedge’s arguments.
MyWealth Forex Blog is a direct to consumer investment service, and one of the best in the business. It is run by three guys with 45 years of combined capital markets experience. They cover all the bases – Forex, commodities and stocks. The site is tidy, and the content is well written.
MyWealth isn’t quite as comprehensive as some of the bigger players, but they certainly make a good showing. The blog has a solid selection of the forex and financial markets, ranging from the big boys like the S&P500 to smaller caps like the Brazilian real and the Australian dollar.
Greg Harmon’s Dragonfly Capital
The Dragonfly Capital forex blog is a good place to find out about the latest market trends. Greg provides a plethora of content. In addition to his daily commentary, he gives top stock picks and best trades of the week. He also provides a technical chart of key levels.
Aside from his weekly S&P 500 SPDR analysis, you can also subscribe to his newsletter to receive a variety of useful information. This includes a slew of articles on investing, trading, and other related topics.
Chris Capre is a professional Forex trader. He has a lot of experience and is considered one of the top trading mentors in the world. His company is called 2ndSkiesForex. Despite his success, he remains humble. This is a great example of how to remain humble despite your achievements.
Chris Capre’s website offers private mentoring for anyone interested in learning how to become a Forex trader. You can also sign up for his free webinars. These free webinars can be a great way to get the basics of Forex trading.