Pips, Lots, Margin and Leverage – basics to make real pips

pips, margin, leverage, lots

Learn pips before making them You will be absolutely dumbfounded if you knew how many traders are oblivious to terms like margin, leverage, lot size and even pips. Let alone calculating them, some don’t even know how these faculties affect a trading account. I know, it can be daunting when you first hear these words and their definitions. …

How to trade using Elliott Waves

Using Elliott waves

Traders have been using Elliott waves theory (is not a theory anymore in my opinion) for decades. Although the rules and guidelines are quite simple to understand, it becomes a daunting task to implement it in the actual day-to-day trading. Today’s lesson is about how to trade using Elliott waves. I will show you exactly how I …

Why Scalp the Forex Markets?

  Trading The Forex Markets There is a question that every scalper should answer before jumping into real trading. Why scalp the forex markets instead of trading the long time frames or hold positions for days or weeks for bigger profits? Its an important question to answer, because without knowing the ‘why’ its almost pointless to chose a certain …