What is Leverage in Forex Trading?

It is normal for a beginner forex trader to be asking questions like “what is leverage in forex?” and “how is it trading forex with leverage?” To my surprise, there are forex traders out there that are actively trading, yet they do not know what forex leverage is all about. …

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What is a Forex Lot Size?

This week I have received two similar questions; “what is a forex lot size” and “what is a lot size in forex?” As a result, I thought it would be prudent to write on this topic. What is Lot? A lot stands for the size of your forex trades. It …

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Sell Limit vs Sell Stop Market Orders

sell stop and sell limit orders

Today I am going to assess the issue of sell limit vs sell stop. Sell limit and sell stop are among the tools a forex trader can utilize to achieve success in the forex market. Forex traders are not directly involved in the forex market. They only own their accounts …

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Risk to Reward Ratio in Trading

risk reward ratio

What Is Risk to Reward Ratio? The risk to reward ratio signifies the prospective reward an investor/trader could earn for each dollar he/she risks on an investment/trade. Most investors use risk to reward ratios to relate the expected returns of an investment with the amount of risk needed for them to undertake …

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How to Pay Less Tax Legally

paying less tax

Today I want to touch on the issue of how to pay less tax. Paying taxes has always been a thorny issue for many citizens. This is why the concept of being able to pay less tax would be welcomed by many. There are various reasons why the government needs …

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