Author: priceactionadmin

When approaching a field like Forex trading where personal decisions translate into profits or losses, having a well-outlined and easy-to-follow plan can make the difference between success and failure. Having a plan to be successful in any field of endeavor is highly recommended, but trading the forex or any other financial market without a plan […]

The ultimate difference between a professional trader and an amateur trader is simply their perspective on money management. Like dieting or working out, traders do know the importance of money management but they hardly practice this in real life. The reason is, it takes time to understand how they should manage money. They have to […]

For a Forex trader, lot size is an essential element. Lot size shows how many units a trader will trade in the Forex market. How much a trader will earn or loss, it depends on the lot size. Before someone enters the market, they need to identify what lot size should they go for. Different […]

Introduction: Forex trading signals is an indicator that can be made by a human analyst, trading software, or trading robot. Forex traders around the world analyze these signals for their trading decisions. With this system, traders determine whether to buy or sell a currency pair at any given time. The signal contains critical information for […]

Risk management is the key element to know before entering into the forex world. Successful traders often evaluate the risk before trading. On the other hand, many traders face loss because of not evaluating their risk before trading. Even if you have the best forex system, without risk management strategy, it’s hard to make a […]

Finding the Best Forex broker is important for trading, no matter which trade you are doing. Forex brokers are those who work as a middleman or an intermediary between a trader and the interbank system. The Interbank system is actually a network of banks who trade with each other. There are so many brokers in […]

Perhaps the more stressful work before doing trading is finding a reliable forex broker. Your broker should be reliable and transparent in their rules. There are some basic tips that you can follow to find out your suitable traders. 1. Find out what YOU want: Different traders need different types of brokers. For example, if […]