What are *PIPS* ?

Currencies are traded on a price/ point (pip) system. Each currency pair has its own pip value.

When you see a FOREX price quote, you'll see something listed like this:

EUR/USD 1.2210/13

Explanation:

Why is FOREX trading so popular?

Because you can trade from anywhere. From your kitchen table, bedroom, garage or from the nearest Starbucks coffeehouse ( most of them have wireless Internet connection).

If you have or like to travel,(read entire article)
View : 12 Times

Money management is the most important and overlooked subject in trading!

In my opinion, the best money management system for Forex/Futures traders is outlined in great detail in Ryan Jones' book The Trading Game: Playing by the Numbers to M(read entire article)
View : 10 Times

In Part 2, of Designing a Trading System in MetaStock I covered how to code the first two of the four major components of a mechanical entry system. I had explained the coding of price and liquidity. In this article, I will cover the steps for cod(read entire article)
View : 10 Times

Australian share trader, Joel Green said that his 137.4%* return from his share trading adventures would have been unlikely 3 years ago.

"I did my stock market education training in July 2002. 3 months later I had put together my first strat(read entire article)
View : 3 Times

As 90-95% of new forex traders lose money within the first 3-6 months this article helps to guide new forex traders by asking 5 questions that the forex trader needs to know prior to back-testing their forex system.

Let us jump right in...(read entire article)
View : 5 Times

Online, Day trading has exploded across America. Some investors have been very successful and boast of huge gains made in incredibly short periods of time. However, there are many others who experience devastating losses because they have not tapp(read entire article)
View : 3 Times

Success in any profession can be broken down into a number of critical factors. Trading is no different. Does your trading tick all 6 boxes or are there any areas you need to work on:

1. Do you have an edge? Trading futures is a zer(read entire article)
View : 3 Times

Some commodity Stock Trading Application rules are made to be broken, but when you`re trading, there are some rules are meant to be followed. Here some of the Stock Trading Application rules that I consider the most important principles of trading(read entire article)
View : 6 Times