General Forex – Page 2 – Stonehill Forex

What are the Benefits of Trading Forex?

I came across this question on Quora. There were different variations of this question, but the general idea was clear. When I read this, I reflected on my own trading journey, which started with options and futures in the late 90s and progressed to where I am now. As a trader (and instructor), there are ... Read more

Is Forex Worth It?

by Stonehill Forex

I came across this question on Quora. It was such an “in your face” question, that I just couldn’t ignore it. The short answer is, “It depends.” The longer version goes like this.. If you are an individual who is able to follow direction, can stay focused, remain organized and able to create and implement ... Read more

Does it Take a Lot of Money to Trade?

by Stonehill Forex

Anybody Can Trade Unlike other markets, most FOREX brokers have low minimum account requirements. Almost everybody can open a live account. With the power of leveraging (also known as “gearing”), your dollar, yen, pound, or whichever currency you fund your account with; it can have so much more trading power than stocks and other securities. ... Read more

How to Choose a FOREX Broker

by Stonehill Forex

Brokers. We need them and to a large degree, they need us. In this blog, we’ll discuss types of brokers, why you, as a retail trader, have specific access to trading volume, and different kinds of accounts – so get a drink, sit back, and buckle in. Love, Hate, and Indifference First, let’s talk about ... Read more

Is Forex Trading Gambling?

by Stonehill Forex

Say it Ain’t so The statement, “Isn’t Forex trading like gambling” has been uttered by many uninformed individuals, for a long time. We’ve all heard those words at one time or another, “FOREX? Isn’t that some kind of crazy gambling scam?” You then hear that same phrase, “I heard a story of a guy who lost ... Read more