As we covered in a previous Golden Rule, wishful thinking can be the undoing of a trader. One of the most common...
Wishful thinking can be a great thing in the right context. However, for a forex trader, it's suicide. Yet, many traders indulge...
One of the most commonly-asked questions among novice traders is "Should I use technical or fundamental analysis?". Well, there are a lot...
Forex rebate websites are essentially marketing machines used by brokers to bring in more customers. Traders get a small amount from their...
There's a time and a place for going with your gut instinct. Deciding on whether to accept a marriage proposal is a...
Sticking to your strategy is one of the hardest things to do as a forex trader, especially when your emotions are running...
One of the most common - and most frequently ignored - rules in trading is to never risk more than 2% of...
There is nothing worse than seeing one of your trades up by 40 pips one minute only to see it reverse shortly...
In any contest, there is almost always a favourite. Sometimes, competitors will be quite evenly matched, but more often than not there...
While forex futures are commonly used as a hedging strategy for directional spot trades, they can also be used in isolation as...
Yesterday, we looked at the differences between traditional futures and forex futures. Today, we'll be looking at the one of the main...
Yesterday, we looked at how futures contracts tend to work across a variety of asset classes. Today, we're going to zone in...
With a daily trading volume of over $2 trillion a day, the spot forex market is by far the world's biggest market....
Option volatilities are a measure of the magnitude and frequency of the changes in the price of a currency. On the other...
Risk reversals reflect the expectation of the market in terms of the direction of an exchange rate and useful for generating profitable...
Theta Theta measures the time decay associated with an option, which is the amount that an option will lose each day as...
The price of options don't always move in exact correlation to the price of the underlying currency pair, as other factors such...
One of the most common uses for FX options among forex traders is to use them as a hedge against cash positions....
In the previous instalments, we've looked at the differences between the various types of option. Today, we're going to look at an...
There are several factors that influence the value of options. These are: Intrinsic value This is a measure of how much the...
There are a number of reasons why options are appealing to traders. Here are some of the main ones: Downside risk is...