MyforexPips 
Many new traders often ask, ‘What is Leverage in Forex and How Does It Work?’ Leverage in forex is one of the most exciting but also dangerous parts of trading. In simple words, leverage allows you to control bigger trades with a smaller amount of money by borrowing from your broke. For example, if you … Read more
A few years ago, when I started forex trading, I was overwhelmed by one thing—strategies. Everyone I met online had “the best forex strategy” that would supposedly make me rich overnight. I tried scalping, swing trading, trend following—you name it. Most times, I blew my account, not because the strategy was bad, but because I … Read more
If you’re looking for how to use MT5 for forex trading, this step-by-step guide will walk you from download to live trades, show the features I depend on, and give practical examples (including position-sizing math). I’ll also share the mistakes I made so you can skip them. Key takeaways MT5 is MetaQuotes’ multi-asset trading platform … Read more
When I first stumbled upon TradingView, I didn’t realize how much it would transform the way I analyze the forex market. In my early days, I relied heavily MT4 and MT5 — they worked, but they felt limited. I couldn’t easily back-test ideas, customize indicators, or track multiple pairs the way I wanted. It was … Read more
Over the last few years, synthetic indices have taken the trading world by storm. Once seen as an alternative to forex or stock trading, these instruments are now attracting thousands of traders across Africa, Asia, and beyond. But why are traders switching to synthetic indices, and what makes them so appealing compared to traditional markets? … Read more
If you want to succeed as a forex trader, you must understand how to calculate pips, lots, and leverage. These three elements determine how much you make (or lose) in the market. Without mastering them, you risk blowing your account before you even build consistency. In this guide, we’ll break down what pips, lots, and … Read more
If you are new to trading, one of the first skills you must master is how to read forex charts. Charts are the language of the forex market—they help you analyze price movements, spot trading opportunities, and make informed decisions. In this beginner’s guide, we’ll break down everything you need to know about forex charts … Read more
A forex trading plan is the difference between gambling and trading like a professional. Without it, emotions take over, mistakes pile up, and losses follow. In this article, we’ll break down exactly how to build a forex trading plan that works, step by step, so you can trade with confidence, consistency, and discipline. What is … Read more
If you’ve been trading forex for any length of time, you already know one truth: profits are important, but survival is everything. Without proper risk management, even the best trading strategy will eventually fail. Learning how to manage risk and protect your capital in forex trading is what separates long-term winners from short-term gamblers. Learn … Read more
The forex market is the largest and most liquid financial market in the world, with over $7.5 trillion traded daily. Yet, despite its huge opportunities, most traders struggle to make consistent profits. The truth is, it’s not always the market that beats traders—it’s the mistakes they make along the way. Learn the Secret of Forex … Read more