Benstride blog, the main goal of this site is to provide quality tips, tricks, hacks, and other forex resources that allow forex beginners to improve their site trading. I will be focussing on all forex related issues . These articles will be general views and based on my experience and research on what traders should do to emerge successful in trading.
FXPesa is a fully licensed and regulated forex broker in Kenya. In fact, the broker ranks #1 in our list of CMA licensed forex brokers, and for good reasons too, as this FxPesa review will show. To start with, FXPesa is based on a very popular forex trading platform called MetaTrader 4 (MT4) that you can …
Knowing the difference between common forex trading myths and reality is essential to long-term success. In this article, guest editor, Dr. Gary Dayton explores the top 10 trading myths to be aware of. Notably, these myths are closely linked to trading psychology, which goes hand in hand with a successful trading career. 1. People are born traders. While …
It was launched in 1984, the entire FTSE (Financial Times Stock Exchange) consists of in excess of six hundred companies, that make up approximately 98% of UK market capitalization. The ‘footsie’ is a term that most people have heard of, but relatively few understand it’s intricacies and significance. This page will break down its history, …
The DAX 30 (Deutscher Aktien indeX) is formed of the thirty largest, blue-chip German trading companies found on the Frankfurt Stock Exchange. As Germany sits as the largest and most powerful economy in the Eurozone, the DAX is regarded amongst the most important indices for European investors. This page will break down how the DAX …
I recently watched a documentary about Bill Gates on Netflix and the thing that stuck with me the most from it was that he didn’t become one of the wealthiest people in the world through luck or inheriting huge sums of money. He literally reads like 8 books while traveling, he can read 150 pages …
Here’s My Daily Trading Routine That I Use Everyday Read More »
Let’s be honest, trading can get discouraging at times. Even professional traders have losing months sometimes, so don’t be too hard on yourself. I think it’s good to remind ourselves sometimes just why it is we do this. A little positivity and fresh focus on the reasons we all got interested in trading can be …
It is said that the failure rate in the forex industry is very high, with more than 90% of traders quitting out of the game within their first year of trading. Most of the traders in most cases are no aware of the common reasons why Forex traders fail to be able to prevent the same from …
How much should you risk per trade? This is probably one of the frequently asked questions by forex newbies. Well, the answer is to try to limit your risk to 2% per trade. But that might even be a little high. Especially if you’re newbie forex trader. Here is an important illustration that will show you …
Never Risk More Than 2% Per Trade in Forex Trading Read More »
The forex signals industry has evolved since the early 2000s. This happened when retail forex started to get popular among individual traders. There are still quite a few forex signals providers now who provide many different types of signals. There are firms that offer long-term forex signals which are trade recommendations. These target hundreds and thousands of pips. …
Forex trading signals are, essentially, trade ideas indicating the market trends in real time. Trading signals are used by novice and professional traders alike. Most forex signals include the position type (buy or sell) as well as the take profit and stop loss levels. Forex trading signals systems are used by forex traders all over the world to aid them …