Author: Attila Ficzere

The world of forex trading is awash with technical terms, abbreviations and acronyms. Some are crucial to understanding how forex works, others are glorified means of impressing beginners and outsiders. Forex itself is an abbreviation, short for foreign exchange and is often referred to as FX. If you are new to forex trading, you have...

It is hard to say exactly how much forex day traders make as most traders are known to be very discreet about their earnings. Based on recent case studies, the estimate for the average salary for day traders in the United States is approximately $43,378 per year. The requirement for the job is a Bachelor’s...

What is a forex prop firm? Before jumping into comparisons, let’s learn about prop firms and why they may be good options for traders. To get funded by a Proprietary trading firm, traders have to go through a two-phase evaluation program. Then the firm funds them and they receive a profit sharing from the total...

In the high leveraged forex day trading, certain practices can result in substantial losses. Day traders and news traders frequently make blunders that eventually have the opposite impact from what they were hoping to achieve: higher returns. In this article, we discuss potentially fatal errors that can be avoided with preparation, discipline and an alternative perspective.

What is the Forex market? Forex (FX) trading is also known as foreign currency trading. Foreign exchange is the process of converting one currency into another for several purposes, typically for business, trade, or travel. The foreign exchange market is where currencies are traded.The Forex market with a daily trading volume of $6.6 trillion tends...

What is rollover? A rollover in CFD trading is the act of maintaining an open position beyond its expiry date. CFDs allow investors to trade the directions of the markets and profit from changes in the exchange rates. It provides all benefits without actually owning the products or having to take physical delivery of the...