Are forex demo accounts accurate? In this article we are going to see and learn the real truth behind it! To be honest with you forex demo account is as accurate as live trading account. What so ever happen on demo account can also happen to live account, since both the live account and demo…
How to trade forex with EA? This article is a guide to how you can use EA to trade FX currency pairs on FX trading platform EBS or on their proprietary Forex Trading Suite using Forex Mapping Software. Here is how EA actually works. EA allows you to trade in Forex currencies using Forex Mapping…
How do robot trade forex? Introducing advance AI forex trading. I have already explained in my recent posts on how to do the basic of trading through the use of robot, how to set up the portfolio according to the trade instructions. In today’s post we will discuss the trading process. You may know that…
How much do forex traders make? This article is one of its kind, possibly we are going to discuss how much forex traders make during forex trading! To be sincere with you there is no specific amount to what a trader can make. It all depend on the individual trader, every trader make profits depending…
How to start forex trading in Nigeria, starting forex trading in this article we are going to look at how to possibly start forex trading in Nigeria, starting Forex trading in Nigeria is not difficult or different from any other countries! Many Nigerians do ask me these common questions on my social media handler, but…
Top 10 most volatile currency pair, in this article we are going to see the most volatile currency pair in the forex industry today, many traders never know of volatile currency and how to probably trade them, we are going to go through each of the volatile pairs in this article! Do you know that…
What is forex trading for dummies? In this article, I will explain all you need to know about forex! Some called it FX some called it foreign exchange either way you call it, it all means the same, forex is simply exchanging one currency to another to make profits! Exchanging one currency to another is…
What is pip in forex? In this article, you will learn all the basics of pip what is it all about! Pip is the change in the value of a currency pair either positive change or negative change! That is to say a change in value either addition or subtraction of value, but what is…
What is risk management in forex? This article be a short one because I will try my best to keep so simple! Risk management in forex is the ability to trade and manage your trading account using lot size, percentage to trade with and the ratio of profits. In forex the number one lesson you…
What does support and resistance mean in forex? In this article, I will make it very clear for you! We at joebenz.com will make it even simpler and very easy to understand, support and resistance in forex are widely asked questions with possible few good answers out there! And most of the answers to support…
Understanding Lot Size in Forex, in this article we are going to learn about lots size and what is it all about! What is a Lot in Forex? Lot size is the amount of money a trader is willing to enter trades with! Let’s say you are having $1000 in your trading account then you…
What is raw spread in forex? What is it all about? We all want to make more money trading Forex right? Yes! In this article I will explain all the main details about spread, and do you know that spread can affect your trading result? Yes don’t worry I will explain all in details, do…
Reasons why 98% of forex traders in Nigeria lose money, have you ever think about this before as a Nigerian? I am a Nigerian who lives in Nigeria trade in Nigeria so nothing to argue with me in this article! First, many people wonder about these even traders from Nigeria also wonder why it happens…
How to trade forex with $100? or how do you turn $100 in cash into $1,000, $2,000 or more in trading? All you need is a trading account and some proper tools to make it all worthwhile. I came across some solutions to make trading forex faster, and easy with technology, but I only wanted…
What is scalping in forex? In this article, I will explain all you need to know, at joebenz.com we try to make forex trading very simple and easy for every class of trader, what is scalping? What is it all about? And another question is who is a scalper? A scalper is a type of…
What leverage should I use for forex? Many traders start by chosen high leverage without even knowing or even thinking of its effect! What is the leverage of a thing anyway? This is the question I will like a trader to ask! What can leverage do to my trading account? Yes, all of these questions…
What is swap in forex? This article will explain all you want to know about swap in forex! Swap is simply a trade you left open overnight! And some brokers do charge for such kind of trade. Traders especially the long term traders like the position traders do often live there position open till the…
How to know when trend is not your friend? In this article, I’ll elaborate; after all, you’ve probably heard that trends are your friends. But no one ever tells you when the trend is always your friend! Now, there are many situations where the trend will never be your friend. Well, to be honest with…
Robotized forex trading system. What is a robotized or automated forex trading system? In this article we are going to see and learn all about that. Robotized or automated forex trading is a type of trading that uses EA (Expert Advisor) software or coding, also known as AI (Artificial Intelligence Forex Code). The EA, or…
How does currency trading work? This article will change your perspective and most likely prompt questions. In the previous article, we discussed what a forex is, the term for what a forex is, and how currency trading works. How does currency trading work? Currency trading is the same as forex trading! Well, let me throw…
How to start forex trading as a beginner? First, when you learn the basics, as you will find out below, you should think of starting with a demo account. A demo account is one that you can open for free with free credit, but you must match the free credit with the money you can…