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First Pillar, Money Management Trading

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Many traders experience losses that are arguably not small because of the lack of traders in money management. Given the high risk that traders will face in the market, it is important for traders to have a proper fund management strategy. Implementing money management is actually not a difficult thing to do. Money management is one of the important factors in forex trading related to risk control. There are many ways that traders can do in managing money, but the key remains risk limitation. Although almost 80% of traders in Indonesia realize that one of the important factors to achieve profit in the market is the management of loss and profit itself. The management should also not be arbitrary, there are many small things in it that traders must pay close attention to. However, this money management factor is often ignored. If traders compare money management with indicators, statistics, analysis, and strategies, there are still many traders who do not pay attention to the importance...
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Get to know Forex Basics

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Trading Learning Step for Beginner

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Forex trading is the transaction of trading currencies of different countries against one another. Currencies are exchanged to conduct business and trade abroad, which makes the forex market the largest financial base in the world. Forex trading is done through a forex broker or market maker and is now considered a common form of investment. The forex market is a 24-hour global market, which allows forex brokers to trade starting when the market opens in Australia on Sunday and ends in New York on Friday. Today's traders also have the flexibility to trade forex online. Some of the benefits of forex trading are high liquidity and low transaction fees. Trading is a very long process. Therefore, before entering the world of trading, especially for beginners, there are several stages, namely: Platforms Currently, many forex brokers use the popular trading platform, namely Metatrader, but the price movements in the trading chart are very unlikely to be exactly the same because each brok...
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