Position sizing, risk management, trading psychology, keeping a trading journal, and the mistakes that most often blow up a trading account.
36 guides
What trading forex means, how much capital it takes, whether it is legal in Vietnam and how a beginner should start. From the idea itself and how to place an order through to money management and the risks you need to know.
The economic calendar tells you when important economic figures and events are released. How to read the columns on an economic calendar, the releases with the strongest effect, and how to use the calendar to manage risk…
Why do most individual traders lose money and blow up their accounts? The common causes: unrealistic expectations, no stop loss, stacking up trades, oversized positions, greed, a lack of knowledge…
A trading journal lets a trader look back at every position, spot the mistakes that keep repeating, and measure how well a method works in numbers. What to record, how to review the journal and the figures worth calculating…
Forex brokers usually have several types of account: demo, Cent, Standard, ECN/Raw, Pro. What differs is the unit the money is counted in, the cost of the spread, the commission, and the route a new trader should take when choosing an account…
Should you invest in forex or in stocks? A comparison of the two markets on the nature of the product, the legal position in Vietnam, liquidity, costs, the information to follow, trading hours, leverage and risk…
In forex trading, alongside analysis skills, money management is a skill no trader can do without. Good money management skills will…
The gold price is driven by a great many forces: crises, inflation, the USD, interest rates, central bank policy, jewelry demand, supply and the money flowing through gold ETFs…
The oil price feeds into inflation, into economic growth and into a number of currencies. The main factors that move the world oil price: supply and demand, OPEC+, inventories, geopolitics, natural disasters, the USD…
The common money management mistakes that leave traders heavily down: using too much leverage, risking too much on each trade, setting no stop loss, trading too much, putting all your capital into one trade…
Volume (trading volume) helps a trader judge how busy the market is and how strong a price move is. How volume in forex differs from volume in stocks, what tick volume is, and how to use volume to confirm a trend or a breakout…
Risk management helps you cap your losses and last in the market over the long run. The rules that matter: always set a stop loss, work out position size from 1-2% risk, watch correlation, cap your losses for the day…
Psychology is one of the things that decide your trading results. The emotions and biases you meet most often - fear, greed, the urge to win it back - and concrete ways to keep your psychology under control while trading…
Multiple timeframe analysis helps you see the big picture before you look for an entry point. How to pick your set of three timeframes, Alexander Elder's triple screen system, and what to watch out for when you apply it…
The weekly, monthly and yearly open prices are reference levels that a good many traders watch. What those open prices mean, how to draw them, how to combine them with support and resistance, and the limits you need to know…
Gold moves violently and is driven by many forces: the USD, interest rates, geopolitics, central bank demand. The important points to consider before you trade gold…
To get good at technical analysis you need a firm grip on the foundations: the market trend, support and resistance, chart patterns and technical indicators, and then disciplined practice…
Technical analysis and fundamental analysis are the two most common schools. Each method has strengths and weaknesses of its own; understanding them clearly lets you combine the two for clearer context and a clearer entry point…
Blowing up an account haunts a great many traders. What blowing up an account means, how it differs from a margin call and a stop out, the common causes, and how to limit your losses when you trade forex…
Trading the news is attractive because the price can run several tens of pips in a few minutes, but it comes with a wider spread, slippage and requotes. The risks of trading the news and how to limit them…
To become a successful forex trader, besides finding a good entry you also need to know when to cut a loss and when to take profit, which is how you hold on to…
Trading gold has never been an easy subject, because this metal does not move the way the other commodities or the other currency pairs on the market do…
Where should someone new to the foreign exchange market look for forex news? Financial news sites, the official sources of the central banks, television channels, the economic calendar and the important releases to follow…
There are a great many risks in the foreign exchange market, in forex investing. Put simply, if there were not, everybody would already be a billionaire, so read carefully…
Do not believe the advertisements offering a steady 20–30% a month. Practical lessons for people new to investing in forex: choosing a broker, building a trading system, learning from the right person, keeping a journal and being patient…
In the forex market, traders often work under a lot of pressure and have to face a lot of difficulties on their own. That is why forex forums came about, as a place to…
There are a great many books out there for sharpening your trading skills, from chart patterns and crowd psychology through to building a trading system…
Binary options (BO) are advertised as simple, with a result in 30 seconds. This article explains how binary options work, why the people who trade them tend to lose over the long run, and why several countries have banned the sale of binary options to retail investors.
How much money you need to trade forex is one of the first questions when you step into a market full of challenges but no less appealing and full of opportunity.…
If you have ever been a trader, the chances are you have blown up an account. There can be many reasons for it, but the main one is usually that you do not know how to manage your money…
Why do so many traders in the forex market lose as much as they do? Most individual traders end up losing money in the market…
Forex scams will be around for as long as the Forex market is. As the schemes grow more sophisticated, the scammers are always somewhere near you, trying to get the money out of your pocket, and…
If you have decided, or are still weighing up, becoming a professional forex trader, the first thing you will probably ask yourself is “How much money do I need to…
Do you want to know the leading forex trading tips? This article gives you 20 forex trading tips that are worth looking at and putting to…
A guide to reading a Japanese candlestick chart in 3 steps for beginners: read the trend with Dow theory, a trendline, the EMA and a price channel; weigh up how strong the trend is; then find the entry, the stop loss and the take profit…
Trading forex successfully calls for patience, the right way of thinking, quick adaptation to changes in the market and a whole range of other qualities. As in…
Analytics cookies
IBFX would like to use Google Analytics to see which pages are useful. It stores a cookie on your device, so it only runs if you agree. Decline and the site works exactly the same. See Privacy policy.