Trade Strategy

Another key feature to successful trading is of course your trade strategy.

In this section we provide articles that educate the reader by exploring various aspects of a trade strategy. With a successful trade strategy you can as quickly fill your bankroll, as you can lose it all by not having a clear strategy for your trading. Complemented by great risk management and knowing how your psychology can affect your trading, your trade strategy will make you a successful trader.

Read our articles on how to include indicators, price patterns, money management and more on trade strategy to become an expert trader. If you miss anything in this section, please do not hesitate to contacting us and telling us what to write more of.

Read more forex education articles.


Beginner

Where to start to develop a Forex or CFD trading strategy

There are various steps to a successful trading career whether in Forex or Contracts for Difference (CFD). First, is education! An education is key and an understanding of the fundamentals of markets and the technical analysis approach are key for any beginner trader and we have many education articles to help you here. Once you … Continued

Beginner

Why you should keep a trading log

Development can be tracked by considering the history of a set of actions and outcomes. For a trader, if you want to learn how to successfully trade Forex and CFDs (or any of the financial markets), it is key to be able to monitor your progress, to improve and become more successful at trading. Keeping … Continued

Intermediate

Trading in Volatile Markets

Success in trading is always a challenge and can be difficult even with vast experience and a solid, structured training plan, that has been built over time and tested. However, when markets shift to a more volatile phase, even the most experienced trader or investor can find successful trading and investing extremely difficult. Here we … Continued

Intermediate

Which Forex markets and currencies should I trade?

We will look at: What are the major asset classes choices? Where to start with FX? Fundamental versus Technical Analysis The “FX Majors” Safe haven currencies “Risk” or commodity currencies Cross currency analysis Peripheral currencies and Emerging Markets What Forex markets are best suited to you? If you are relatively new to financial market trading … Continued

Intermediate

CFD (Contract for Difference) Trading, Forex Trading and Spread Betting – similarities and differences

In this article we are going to take a look at the history of Contract for Difference (CFD) Trading, what CFD Trading is and what are the advantages. We will also focus on Forex Trading, which is really just a subset of CFD Trading and also look at Spread Betting and how Spread Betting accounts … Continued

Beginner

The FxExplained Top Ten Traders of All Time

Since the development of financial markets there have been many impressive winners and catastrophic losers, with some spectacular tales of significant market losses by individuals and corporations. However, it is towards the winners that we are all attracted. The ability to produce significant market outperformance, both in the short-term and over longer time periods have … Continued

Beginner

Gearing, Leverage and Margin

In this video and article, we are looking at the concepts of Gearing, Leverage and Margin. Gearing, Leverage and Margin are interconnected concepts in trading. LEVERAGE (also known as Gearing) works by using an effective deposit, known as the MARGIN, to provide you with increased exposure to an asset. A fraction of the full value … Continued

Beginner

Trading Terms

In this video and complementary article, we are looking at some basic trading term used in financial markets trading. Buy and Sell Long and Short Bull and Bear/ Bullish and Bearish Risk On and Risk Off Buy and Sell/ Long and Short As a trader, if we think a market or asset is going to … Continued

Beginner

Choosing a Broker – Eight factors to consider when choosing a Forex Broker

In this video and accompanying commentary, we are looking at the EIGHT factors that any prospective trader should consider when choosing a Forex Broker or for trading any financial markets. The EIGHT factors we would suggest considering when choosing a FX Broker are: Trust Investment Offerings Commissions and Fees Trading Platform Research Education Customer Service … Continued

Beginner

Asset Classes

In this article and accompanying video we are looking at the different asset classes that investors and traders can invest in and trade. The four main asset classes we are going to look at are: Equities, stocks, shares (including indices, or averages) Bonds (Government and Corporate) Commodities Foreign Exchange (Forex, FX and currencies) Equities, stocks, … Continued

Beginner

Investing versus Trading

In this article and accompanying video we look to explain the differences between Investing and Trading. The four main ways we can categorise the differences between Investing and Trading are by looking at: Time Frame Flexibility Leverage Returns Time frame Investing Investing is generally seen as a longer-term activity and by longer-term we tend to … Continued

Intermediate

The Fine Art of Reversing Your Position

The market is always right. Not you. Not your opinion. Not someone else’s opinion. So, you have a choice: you can fight the market or you can go with it. And how do you know where the market is going?  Price action! For example, our robot “Forex Forager” always knows at what price it is … Continued

Intermediate

Currencies, Coffee and Croissants

FX Traders: There’s Only One Place in the World…… where you can talk with highly successful, extremely talented currency traders from 27 countries, all at the same time. Of course, they all know the technical stuff, but they also know the local economic and political conditions in their respective countries. And more knowledge = better … Continued

Beginner

Fundamentals, Price Action & Forex

Many questions arise about fundamental analysis and its effect on the Forex Markets. Many traders try to utilize data or news events to trade and others find it utterly useless. Here, we analyze the effect of fundamentals on the market and why we think there is a better way to trade. Forex trading is based … Continued

Beginner

Managing Your Winners

Before you can manage a winner, you’ve got to get into it. And you’ve got to get into it with minimum risk. Because in the end, its all about risk reward followed by money/trade management. If you try, for example to enter a currency trade with 30-50-100 pips of risk, you are going to have … Continued