Mini accounts have a base currency lot of 10,000 units. You can leverage USD $10,000 on mini lots. Thus mini account pips are less valuable than standard account pips.
In different markets they will go by different names. Some markets refer to them as RCF or remote call forward numbers, some call them telebranch numbers, some "out of rate center" numbers, and some markets refer to them as foreign exchange numbers. All will serve primarily the same function, but not all cost the same.
Think about your schedule when deciding what trading strategy to use. If you're only able to trade for limited time during the day, consider using strategies that take part over a longer period of time, such as delayed orders.
Use keywords. Articles are created for 2 major reasons; to provide readers with information they are looking for and to attract search engines to index the page where the article is posted. The latter can be easily achieved by using relevant keywords on your articles. If you are writing about Forex, make sure that the word "Forex" is sprinkled all throughout your article. Your title must also include your keyword. So as not to make it sound redundant, you can use other keywords/keyphrase other than forex, you can use forex rate, forex trading, foreign exchange, etc.
FxDialogue offers the same types of accounts that most other brokers do: Demo, standard (known as LIVE), and Advanced. The demo accounts require no initial deposit, while the LIVE requires a deposit of $250, and the advanced account requires a minimum of $5,000. LIVE accounts are best suited for new investors, while the advanced account has some perks that are better suited to trading firms and long-term investors. The real gems of this brokerage company lie elsewhere, in their additional features.
Trading in only one currency pair provides few trading opportunities. Thus it is advised to diversify and trade in different currency pairs. Each time you pick up a new trade, the base of your calculations is your core equity and not the starting balance, which means that you have lesser money to stake. The trick here is to switch to a currency pair with a lower correlation coefficient so that your risk percentage is reduced. For example, if you were trading in EUR/USD, your next currency pair should be USD/CHF because these two pairs have a high negative correlation such that when one pair goes up, the other falls down.
The Forex Markets are always a breeding ground for speculation. The aggressive investment style of hedge fund managers has been particularly useful in the currency exchange trading. Since the financial officers of governments have the ability to use Central Bank funds to slow down a currency's devaluation, it can prove difficult to see a trend complete its cycle. By overwhelming the market with capital, hedge fund investors have been able to overcome these effects.
Every day, the creator of course, Jason, will send his members his systematic analysis of the Forex markets. He highlights the currency pairs that deserve more attention, and explains to you why in terms of potential profitability and risk. By reading his analysis and trading techniques, I have been able to slowly develop my own trading skills and systems as my analytical skills of the Forex market improves.