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Free tutorials, broker reviews, terminology explanations, and financial weekly reports.

What is the "spread" in Forex trading? Detailed explanation.

In Forex trading, the spread is the difference between the buy price and the sell price, which is the cost that traders need to bear for each transaction. Understanding how the spread affects your trading costs and choosing the right broker is crucial.

Kelly Formula Forex Trading: Best Capital Management and Risk Control Guide

The Kelly formula is a mathematical capital management strategy that calculates the optimal capital allocation ratio, helping Forex traders maximize long-term returns while controlling risk. It is applicable to trend trading and risk management, and it requires dynamic adjustments to respond to market volatility and data instability.