Forex knowledge

When you want to learn about the Forex market, everyone wants to find themselves a good place to study with effective mentors. In particular, they want to see the practical value that the people they study successfully in this volatile market. Let BRKV show you how to find a good forex mentor who can guide you through this dangerous and complicated market.

The richest forex traders are surely the people we should look up to. But besides knowing and admiring them, we can actually benefit from them. I will explain to you in this article.

Copy trading is currently the top choice of forex investors. It is the perfect way to make some profits from the forex market without spending too much time learning and practicing trading forex. But now the question has to be asked: How much do you profit from copy trading? Is it the same as forex trading? Let’s find out the answers today.

Basically, a currency quote is the price of two currencies. This is the value that you pay in one currency to buy another currency. For example, in the case that you see the price of EUR/USD 1.5. It means that you can buy 1 EUR with 1.5 USD. Every quote gets a different price, so you must know the best forex pairs to trade now.

How can you be one of the most successful forex traders in the world? Well, let me tell you. It’s not that difficult. You just need to follow risk management, gain some experience, and trade with the best forex brokers. After a while, you will surely be one of the best forex traders. As my experience, the following top 3 should be the best brokers to work with:

Social trading and copy trading are emerging as phenomenons on forex market recently. They are fundamentally different from each other. However, many traders find it hard to identify and distinguish from one to another. Therefore, this article today will give you plain definitions of both of them as well as the advantages and disadvantages repeatedly.

The following is one of my success stories of day traders in India. The main character in this story is a personal friend of mine. We have been together in this market for 3 years now. His name is Aamir.

Sometimes when you’re surfing the market, you can spot advertisements from brokers claiming they offer spreads of zero. Have you ever wondered “How can some forex brokers offer spreads of zero?” Well actually, everyone can offer zero spread, as long as they have true ECN account.

In the 1600s, the Japanese developed a method of technical analysis to analyze rice prices. This technique is called a "candlestick chart". Steve Nison is credited with disseminating this analytical method. At the same time, he is one of the leading experts on forex candlestick patterns.

This article is based on my experience and our BRKV team’s knowledge about the forex market. We are not trying to accuse or prosecute anybody. Any false accusations on us will be reported to authorities. Without further ado, here are 7 signs of forex trading scams.