Forex basics

Forex basics

Plain-English answers to the questions every new trader asks. What a pip is, how leverage and margin work, what spread and swap cost you, and how to start trading forex without blowing up the first account.

What Is a Pip in Forex Trading? Pips Explained With Examples

Every forex price, stop loss and profit target is measured in pips. Here is what one is, how to count them and what each one costs you.

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What Is Leverage in Trading? Forex Leverage and Margin Explained

Leverage is the most misunderstood number in forex. It decides how much margin you post, not how much you can lose. Here is how it actually works.

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What Is Spread in Forex? Bid, Ask and What It Costs You

Every trade starts a little under water. That gap is the spread, and knowing what it costs in pounds and pence is the difference between a strategy that works on paper and one that works in the account.

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Forex Swap Explained: Overnight Rollover Fees and Swap-Free Accounts

Hold a position past 10pm UK time and your broker charges or pays you interest. Swing traders who ignore swap are often surprised by what it does to a month's results.

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How to Trade Forex: A Beginner's Guide That Starts With Risk

Forex is simple to start and hard to survive. This guide covers what you are buying, how the numbers work, and the few rules that keep a first account alive long enough to learn.

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Day Trading for Beginners: What It Takes to Trade Forex Intraday

Day trading means opening and closing every position inside one session. It is the most demanding way to trade forex, and most people who try it are unprepared for what it asks. Here is what it actually involves.

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Swing Trading: How to Trade Forex Over Days, Not Minutes

Swing trading holds positions for days to weeks and aims to catch a whole move rather than a slice of one. It suits traders with a job, a family and no appetite for staring at five-minute charts.

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Support and Resistance Trading: How to Draw the Levels and Trade Them

Every chart has a handful of prices where the market has already made up its mind once. Support and resistance trading is about finding those prices and deciding, in advance, what you will do when price gets there.

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Trading Indicators Explained: EMA, RSI, VWAP, ATR and Bollinger Bands

Five indicators cover most of what a forex trader needs: one for trend, one for momentum, one for fair value, one for volatility and one for compression. Here is what each one measures and how not to misuse it.

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FOMO Trading: Why You Chase Moves and How to Stop

Fear of missing out is the most expensive emotion in trading. It gets you in late, at the worst price, with the widest stop and the smallest reward. Here is how to recognise it and design it out.

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Is Forex Trading Profitable? The Honest Maths

Forex can be profitable and most people who trade it lose money. Both are true. The difference comes down to a small amount of maths and a large amount of discipline.

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