Let’s be real — mastering the charts is only half the battle in trading. If you’ve ever panic-sold right before a bounce, held a loser too long, or jumped in because “everyone else is making money,” then you’ve already met the enemy. It’s not the market. It’s your own mind. That used to be me too. Early in my trading days, I watched a green trade turn red because I got greedy. Then I doubled down, tried to win it back, and ended up taking a much bigger loss. That lesson stuck hard. It wasn’t my strategy that failed —…
Author: Thomas
When I started trading forex, I didn’t even know what a moving average was. I’d stare at charts, seeing colors and candles fly up and down, wondering how anyone could make sense of it all. I needed a way to read the market without guessing — that’s when I discovered forex indicators. At first, it felt like diving into a new language. RSI, MACD, Bollinger Bands — all these strange acronyms. But once I learned how each tool worked and why traders relied on them, something clicked. These weren’t just lines on a screen. They were clues. If you’re new…
Every time I watch a major currency pair suddenly spike or drop, I ask myself one thing—what did a central bank just say or do? When I first started trading, I didn’t realize how often central banks were behind those big moves. I used to think it was just supply and demand or maybe some news event I missed. But over time, I learned the truth: central banks run the show in forex. If you’re new to forex or still trying to connect the dots, this is what you need to know. Central banks have some of the biggest levers…
When I first dipped my toes into trading, I had no clue whether I should go with Forex or the stock market. I knew both had potential, but the paths felt so different. After years of learning (and a few painful mistakes), I figured out the key differences that can truly affect your success depending on your goals, risk tolerance, and lifestyle. Here’s the thing: most beginner traders jump into one market without fully understanding what sets them apart. And that leads to frustration, losses, or worse — quitting altogether. If you’ve ever asked yourself, “Should I trade Forex or…
When I first got into forex trading, I was obsessed with catching the right price. I’d sit for hours watching charts, convinced I had to jump in right now or miss out forever. I didn’t understand order types — I just hit “buy” or “sell” and hoped for the best. That strategy backfired. A few quick losses later, I realized I needed more control over how and when my trades were executed. Learning about forex order types changed everything for me. It gave me a real edge — and peace of mind. If you’ve ever placed a trade and instantly regretted…
Margin is one of those things that confused the heck out of me when I first started trading forex. I thought it was a fee or some hidden cost from the broker. Turns out, it’s way more important—and riskier—than I realized. Margin lets you trade more money than you actually have in your account. That can mean bigger profits… or bigger losses. When I first got a margin call, it scared me. I’d over-leveraged a EUR/USD trade thinking I had more free margin than I did. My account balance dropped fast. I remember the screen flashing red and my broker…
When I first got into forex trading, the term “leverage” confused the heck out of me. Everyone kept throwing around numbers like 100:1 or 400:1, and I had no idea how that would affect my money. Sound familiar? At first, I thought leverage was just a way to “boost” trades. Turns out, it’s a double-edged sword. I learned the hard way that while it can amplify your wins, it can just as quickly wipe out your account. That experience? It changed the way I approach every single trade. So, let’s make this simple and clear. If you’ve ever wondered: What…
When I first opened a forex chart, I kept seeing numbers changing by 0.0001 or 0.01, and I had no clue what those tiny shifts meant. Everyone talked about “pips” like it was second nature. But for a total beginner like me, it felt like a foreign language. That confusion stuck with me until a single EUR/USD trade taught me everything I needed to know: one pip can literally decide if you profit or lose. And once I understood that, my whole approach to forex changed. So, what’s a pip, and why should you care? In this beginner’s guide, I’ll…
When I started trading Forex, I had no clue what a “lot” was. I just clicked the trade button and watched my balance rise or drop with every pip. Sound familiar? If you’re just starting out or even if you’ve been trading for a while, understanding lot size is *crucial* to surviving the market—let alone thriving in it. The problem? Most people ignore lot size or misunderstand it, and that’s a surefire way to blow your account. Lot size isn’t just about the size of your trades. It directly controls how much you gain—or lose—for every pip the market moves.…
The forex market is this enormous beast—bigger than anything I’d ever seen when I first started trading. And yet, like many new traders, I assumed it was just me versus “them.” But who exactly is “them”? That question changed the way I viewed every single trade I’ve ever made. It’s not just banks and brokers out there. The forex market is a network of layered participants—from the ones pulling the biggest strings to the rest of us trying to make our piece of the pie. If you’ve ever wondered who’s really behind the moves you see on your charts, you’re…