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Trading for Beginners Articles and Tutorials

If you're new to trading, these tutorials will help you get your trading off on the right foot. Get easy to understand articles and explanations.

Home / Archives for Trading for Beginners
Common backtesting mistakes made by beginners

By Hugh Kimura

19 Backtesting Mistakes Beginners Make

There are many ways that you can make mistakes when backtesting. If you make any of the mistakes listed below, you won’t have accurate data. 

Category: Backtesting Tag: Backtesting for Beginners, Forex Backtesting, Trading for Beginners

Forex pips explained

By Hugh Kimura

What is a Pip in Forex Trading?

Learn what a pip is and how to calculate it in Forex trading. This is one of the most important things for a beginner to learn.

Category: Trader Life Tag: Forex Trading for Beginners, Trading for Beginners

forex lot size explained

By Hugh Kimura

Forex Lot Sizes Explained (Complete Beginner’s Guide)

Learn why lot sizes play a vital role in risk management and successful trading. Get the simple explanation of Forex lot sizes here.

Category: Trader Life Tag: Forex Trading for Beginners, Trading for Beginners, Trading Terms Explained

Withdraw Money from MetaTrader 5 - Trading for Beginners

By Hugh Kimura

How to Withdraw Money From MetaTrader 5

A common question that I’ve been getting is how to withdraw money from MT5. I thought that the answer was straightforward, but apparently it’s not.

Category: Trader Life Tag: Forex Trading for Beginners, MetaTrader 5 Tutorials, Trading for Beginners, Trading Scams

What is a Forex Broker?

By Hugh Kimura

What is a Forex Broker?

Learn what a Forex broker does, how they make money and why you need one to trade FX. Also find out how to avoid common mistakes.

Category: Trader Life Tag: Forex Brokers, Forex Trading for Beginners, Trading for Beginners

Trading smiling at computer

By Hugh Kimura

How Long Should I Paper Trade?

How will you know when it’s time to stop paper trading? This article will show you when to stop and other key elements that you need to know about paper trading.

Category: Backtesting Tag: Forex Forward Testing, Forex Trading for Beginners, Trading for Beginners

Clock timezone

By Hugh Kimura

The Best Times to Trade Forex

Learn the best times to trade Forex. The best times for you will depend on your trading style, lifestyle and personality.

Category: Trader Life Tag: Forex Trading for Beginners, Trading for Beginners

Trading on laptop

By Hugh Kimura

19 Forex Myths and Misconceptions

Learn how these common myths about Forex can slow down your trading progress and why you should throw them out.

Category: Trader Life Tag: Forex Trading for Beginners, Trading for Beginners

Keep trade open

By Hugh Kimura

How Long Should You Hold a Forex Trade?

There are several things to consider when determining how long to keep your trades open. Learn what they are in this tutorial.

Category: Trader Life Tag: Forex Trading for Beginners, Trading for Beginners

Trading on iPhone

By Hugh Kimura

How Much Money Do You Need to Swing Trade?

Forex is a great market to trade because the requirements to swing trade are actually very low. Learn how low they are and how they compare to other markets.

Category: Trader Life Tag: Forex Trading for Beginners, Trading for Beginners

Trader at computer

By Hugh Kimura

Is Forex Easier Than Stocks? Not for These Types of Traders

Which market is easier to trade? Well that really depends on you. Learn what to consider when deciding on which market to focus on.

Category: Trader Life Tag: Forex Trading for Beginners, Stock Trading for Beginners, Trading for Beginners

Trading roadmap

By Hugh Kimura

7 Steps to Consistently Profitable Trading (Roadmap)

When you are learning to trade, it’s difficult to understand where you are in the process. It can be very confusing and that’s why over 90% of traders fail at Forex trading. This post will give you the exact roadmap to trading success.

Category: Trader Life Tag: Forex Trading for Beginners, Trading for Beginners

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