Beginner-friendly forex trading guides for South Africans. Learn how currency pairs work, when trading sessions open, and how strategies like Smart Money Concepts (SMC) are used by traders.
Going from trading personal accounts to prop firm trading can be a big challenge since prop firms have many rules you must follow. I have been trading prop firms for over 1 and a half years and managed to get funded from Alpha Capital and FTMO two of the most popular firms. In this prop […]
Reviewed by Nicolette Fact Checker
deguru
Subject-Matter Expert
+1
7 min
Updated Mar 13
Trading platforms are the backbone of every trader’s journey. In 2024, most proprietary trading firms (prop firms) lost their licenses with MetaQotes to offer MetaTrader 5/4 in their Prop Firm but a lot of alternatives emerged and some are even offering better features than MT5/4 In this article, we’ll review the 5 Best Trading Platforms. […]
Reviewed by Nicolette Fact Checker
deguru
Subject-Matter Expert
+1
5 min
Updated Mar 8
Backtesting is important for traders looking to refine their strategies and increase their chances of success. Among the many tools available, FxReplay and Forex Tester are the two most popular. Both tools focus on traders who want to test strategies with reliable historical data, but each tool has unique features, strengths, and weaknesses. In this […]
Reviewed by Nicolette Fact Checker
deguru
Subject-Matter Expert
+1
3 min
Updated Mar 13
As a trader, testing and refining your strategy is very important especially if you want to become a successful trader. This is where backtesting tools come into play, they will make your backtesting as easy as possible. Forex Tester is one of the most popular choices. But does it truly live up to the hype? […]
Reviewed by Nicolette Fact Checker
deguru
Subject-Matter Expert
+1
6 min
Updated Mar 13
Among 100s of backtesting tools available, FxReply is one of the best backtesting software. Whether you’re a beginner or an experienced trader, this tool offers an intuitive, user-friendly experience designed to help you refine your trading edge. In this FxReply review, we’ll take a deep look at its features, user feedback, and why it stands […]
Reviewed by Nicolette Fact Checker
deguru
Subject-Matter Expert
+1
7 min
Updated Mar 13
Rud pulls are a common thing when it comes to the crypto space but in 2024 we have seen a lot of rise in similar schemes when it comes to prop firms. I have been trading prop firms for the past 1 and a half years with the knowledge I’ve got over the years I […]
Reviewed by Nicolette Fact Checker
deguru
Subject-Matter Expert
+1
8 min
Updated Mar 13
Choosing the best currency pairs to trade will help you avoid terrible market conditions like huge spreads and slow-moving currencies. I have been trading forex for over 6 years now with over 20 currency pairs that I have tried to trade throughout the years I have filtered the best ones. In this article, we’ll explore […]
Reviewed by Nicolette Fact Checker
deguru
Subject-Matter Expert
+1
8 min
Updated Mar 9
To Start trading with TradingView you need to use a broker that uses TradingView as its trading platform like ThinkMarkets. Tradingview is an all-in-one tool for traders, you can backtest your strategy, Analyse the chart, and place trades directly on TradingView. In this article, I will guide you on how to start trading with TradingView […]
Reviewed by Nicolette Fact Checker
deguru
Subject-Matter Expert
+1
5 min
Updated Mar 9
Backtesting is the foundation of any successful trading strategy. It allows traders to evaluate how their strategies would have performed using historical market data. This process provides invaluable insights into a strategy’s profitability, reliability, and potential losses. But why every trader should backtest a trading strategy? Without testing, you are just going into the markets […]
Reviewed by Nicolette Fact Checker
deguru
Subject-Matter Expert
+1
7 min
Updated Mar 13
TradingView Bar Replay feature is a game changer for traders who want to backtest their strategies manually. However, the free subscription has a lot of limitations. That’s what led me to research free alternatives that offer similar functionalities. This article explores some of the best free alternatives to TradingView Bar Replay and how they can […]
Reviewed by Nicolette Fact Checker
deguru
Subject-Matter Expert
+1
5 min
Updated Mar 13