Trading tips

risk management

13 Key Ways Of Minimizing Risk in Forex Trading[2022]

13 Key Ways Of Minimizing Risk in Forex Trading[2022] The process of risk management entails analyzing, accepting, and/or reducing the uncertainty associated with trading decisions. Since forex trading involves incurring significant financial risks, risk management is crucial to achieving success in the market.  In order to cope with the inherent volatility of the currency market, …

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economic calendar

What Is An Economic Calendar And Why Is It Used?

What Is An Economic Calendar And Why Is It Used? An economic calendar can help you pinpoint important market occurrences to strengthen your fundamental research. It can assist you in developing a more thorough trading strategy by enhancing your understanding of such events, teaching you how they may impact the price of a variety of …

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Jayyyfx academy Start-up courses

Forms of Trading: Fundamental Analysis vs. Technical Analysis

Forms of Trading: Fundamental Analysis vs. Technical Analysis Retail Forex traders utilize forex analysis to evaluate if they should buy or sell a currency pair. It requires the use of charting tools. It can also be fundamental, based on economic metrics and/or news occurrences. Forex Market Analysis: What Are the Different Types? To a rookie …

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bid, ask and spread by jayyyfx academy

Bid, Ask, and Spread

Bid, Ask and Spread in the Forex Market The difference between the price a broker will purchase and sell a currency is known as the bid-ask spread (also known as the buy-sell spread). However, in the retail market, the spread, or the difference between the bid and ask price for a currency, can be substantial, …

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leverage and margin explained by jayyyfx academy

Leverage and Margin

In the Forex Market, How Does Leverage Work? The use of borrowed money (referred to as capital) to invest in a currency, stock, or investment is known as leverage. In forex trading, the concept of leverage is fairly frequent. Investors can trade greater positions in a currency by borrowing money from a broker. As a …

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Get The Smart Trader’s Cheat sheet To Price Action(FREE)

Enhance your Forex trading knowledge today by getting this free e-book on price action. It is well detailed.