Why a Career as a Forex Trader May Not Be for You

Why a Career as a Forex Trader May Not Be for You

One of the biggest misconceptions about trading forex is that it represents easy money. After all, what could be easier than making money from your computer while sitting at home in your pajamas? But being a currency trader is more complex than it seems, and there are many things you need to consider before you decide to quit your day job and go into forex trading full-time. • […] Read more »

Can Scalping Be a Profitable Forex Trading Strategy?

Can Scalping Be a Profitable Forex Trading Strategy?

Scalping is a popular trading strategy that is commonly used in stock trading, but is it also viable for forex? When you scalp, you hold a position for a short time and take your profit from small price movements. Scalpers may open and close several positions throughout the trading day or they may open a single position and exit it before the market closes. The trader generally uses […] Read more »

Is Trading Forex as a Full-Time Career Right for You?

Is Trading Forex as a Full-Time Career Right for You?

If you’ve ever dreamed of being your own boss and working on your own schedule, trading currencies full-time may be the right career choice for you. Here are some of the reasons why you may want to consider a career as a Forex trader: • The bar to entry is very low. You don’t need to have a lot of money in order to start trading forex, compared […] Read more »