Forex encyclopedia

Every day, the Forex market attracts great interest for the newcomers. Many people try to get rich in the foreign exchange market, because in some instructions it may seem so simple. But without the basic concepts, the beginner simply cannot succeed, he will not be able to work in the foreign exchange market, he will not be able to control the purse strings properly, he will not be able to make the right deal. And, at least, you should have a certain amount of knowledge, only then you can safely take the first steps to meet your incredible success.

Popular article: The Pareto principle in trading

According to official sources, the Pareto Principle was named after the economist and sociologist Vilfredo Pareto, who was born in Paris in 1848, but was Italian by nationality. From 1906, he began to notice certain economic patterns. For example, he noted that 80% of the land in Italy belonged to 20% of the population. Then, he formulated the principle, noting that 20% of the pods in his garden contained 80% of the peas. These and other regularities led to the fact that Vilfredo Pareto developed the “80/20 Rule”, which in general form looked as follows: 80% of the effects come from 20% of the causes.

New in Encyclopedia

19.07.2019 New article added «Trade»

15.05.2019 New article added «Forex spot trading»

15.05.2019 New article added «Forex trading secrets»

15.05.2019 New article added «Swing trading Forex»

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Simple Moving Average. SMA Forex

Forex encyclopedia

Forex encyclopedia “Clever FX” is the unique service created by FreshForex to introduce world of Forex to traders. The main purpose is to share knowledge of experienced traders with novice traders in simple and convenient form. Every trader will be able to learn something new here. If you are a professional trader, we invite you to write an article for “Clever FX” and get reward. Let's write Forex history together!

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Forex encyclopedia

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