Category: Fundamentals

One of the most successful forex traders of all time, George Soros, said: “It’s not whether you’re right or wrong, but how much money you make when you’re right and how much you lose when you’re wrong.” In his philosophy, risk management is one of the most important principles that regulate your success in forex...

Aside from covering trading basics, developing a strong understanding of specific markets is crucial for forex experts. The US economy, as a major player, significantly influences forex trading due to the value of the US dollar. Therefore, it’s essential to comprehend why the US economy matters and its impacts. Know how to assess its health...

Spreads are indeed important for traders to consider when participating in forex trading. It is a cost incurred from every transaction made. Spreads represent the difference between the buying price and the selling price. In this article, we delve into the realm of forex trading spreads, vital for traders to comprehend as a transaction cost,...

To make it as a successful trader, you must know how to trade the news. The macroeconomic data that constitute the bulk of news trades are the main drivers of price action because they mould the sentiment of the big money in the market. The resultant price moves may carry on for a considerable length...

This article is designed to demystify the basic concepts of currency pairs in the forex market. By the end, you will have gained a firm grasp of how to buy and sell these pairs through True Forex Funds. You’ll learn to differentiate between major, minor, and exotic currency pairs, and get a glimpse into other...

One of the methods of technical analysis that traders use to aim to secure profitable trades is chart patterns. The flag pattern is a chart pattern that occurs very often and delivers a high degree of accuracy. In this article, you will learn all you require to use the flag pattern profitably as you aim...

Welcome to our in-depth exploration of micro lots in forex trading. This article serves as an extension of our original piece discussing lots and lot sizes in the forex market. In the world of forex trading, understanding the concept of a lot is crucial. Specifically, this time we’ll be focusing on micro lots – the...

Understanding forex lot sizes is crucial for beginner traders as they determine the volume of a trade and play a significant role in position sizing and risk management. In this article, we will delve into the world of lots, exploring their types, calculation methods, the use of lot size calculators, the capital required for trading...

Many of you who are interested in making money from Forex trading will often ask what is a prop firm and how is it different from a broker? It basically comes down to the way accounts are funded, along with different methods for calculating remuneration. A prop trading firm allows you to trade yourself, and...