Forex Trading Glossary: A Comprehensive Guide to Forex Terms

Forex Trading Glossary: A Comprehensive Guide to Forex Terms

Like any specialized field, Forex trading comes with its jargon and terminology. For those new to foreign exchange, this glossary is a handy reference to understand the market’s language. Let’s delve into some of the most commonly used terms in forex trading. Ask Price (Offer): The rate, set by the market or broker, at which…

The Essential Guide to Backtesting on Historical Data

The Essential Guide to Backtesting on Historical Data

In the competitive world of financial markets, staying ahead isn’t merely an aspiration – it’s essential. Additionally, while numerous tools claim to be your key to success, none match the unparalleled prowess of backtesting.  Besides being an analytical marvel, it can significantly revolutionize your trading strategies. Hence, it’s no wonder savvy traders see it as…