What Is Copy Trading? A Plain-English Guide
Copy trading means linking a trading account to someone else's so that when they open or close a trade, a matching trade opens or closes in the linked account.
Blog
General education about trading and its risks. Not financial advice.
What Is Drawdown in Trading? Max Drawdown Explained
Drawdown is one of the most useful numbers in trading, and one of the most misunderstood.
How to Read a MyFXBook Track Record
If anyone shows you a trading track record, there's a good chance it's on MyFXBook.
MyFXBook Gain vs Absolute Gain: Why They Differ
MyFXBook pages show two "gain" figures, Gain and Absolute Gain, and they're often far apart.
Grid Trading vs Martingale: How Each Works and Where Losses Come From
Grid and martingale strategies are popular in automated forex trading, and they're often confused.
Forex Trading Explained: A Plain-English UK Guide
Forex, short for foreign exchange, is the buying and selling of one currency for another.
Copy Trading Risks: What Can Go Wrong
Copy trading links your trading account to someone else's strategy, so their trades are opened and closed in your account automatically.
What Is a Martingale Strategy in Forex?
A martingale strategy increases the size of the next bet or trade after a loss, so that one later win can recover what was lost.
How Does a Trade Copier Work? (MT5 Explained)
A trade copier is software that watches one trading account and repeats its trades in one or more other accounts.
Forex Glossary: Key Trading Terms Defined
Forex, CFDs and copy trading come with a lot of jargon.
What Is Leverage in Forex? UK Limits Explained
Leverage lets you open a trading position much larger than the money you put down.
Margin Call vs Stop Out: What's the Difference?
A margin call is a warning that your account is running short of money to support its open trades.
Equity vs Balance: What a Floating Loss Means
Open a trading account in MetaTrader 5 (MT5) and you'll see two numbers that look as if they should match: balance and equity.
What Is Grid Trading in Forex?
A grid strategy places trades at set price intervals, like the lines on a sheet of graph paper.
Important: Capital at risk. Past performance is not a reliable indicator of future results. Read the full risk warning.