Understanding how to backtest your manual trading strategy effectively can be a total game changer and is the key to becoming a profitable trader. You’ll learn exactly how to install, set up, and use the most powerful and realistic backtesting tool available today — the Soft4FX Simulator. We’ll walk through the installation process, ideal settings,…
A Virtual Private Server (VPS) is an important tool for traders who want the best trade execution or run automated trading systems 24/7 without interruption. In this guide, we will cover four ways to log into your Forex VPS and access your trading platform from anywhere. –> Watch the video in this article for a…
Understanding the Pattern Day Trader (PDT) rule is crucial for traders, especially if you want to avoid getting flagged or restricted by your broker. In this article, we’ll cover the essential points about the PDT rule, including how it affects your account and ways to legally trade without the $25,000 minimum. –> Watch the video…
Understanding how to calculate the correct lot size is crucial for effective risk management and maximizing profits. In this post, we’ll break down the five essential steps and a foolproof formula to determine the perfect lot size for trading Gold (XAU/USD) without relying on a position size calculator. –> Watch the video at the end,…
The high leverage options provided by brokers are drawing numerous traders into the Forex and CFD market. With leverage being one of the key features in FX and CFD trading, there are a few elements every trader needs to know, especially those new to trading or have difficulty with understanding lot sizes and margin levels….