top of page

Trading Insights: Tips, Insights, and Market Trends
Welcome to the Peni2Dollarz Blog! Stay updated with the latest market insights, expert trading strategies, and practical tips shared by Leguan Penigo and our team. From understanding global trends to mastering trading techniques, our blog is your go-to resource for all things trading. Whether you’re just starting or looking to enhance your skills, you’ll find valuable knowledge here to help you thrive in the world of trading.




Position Sizing 101: The Easiest Way to Pick the Right Lot Size (Without Guessing)
If you’re new to day or Forex trading, here’s a secret the pros live by: your lot size should be the last thing you decide , not the...
Leguan Penigo
Aug 253 min read


Mastering News Trading: How to Use the Economic Calendar to Trade Forex Like a Pro
Introduction In Forex day trading, news releases are among the most potent catalystss for price movement. Economic data—like employment...
Leguan Penigo
Aug 34 min read


Scaling In to a Position: Grow Winners the Smart Way (Without Blowing Up Risk)
Introduction Most beginners obsess over finding “the perfect entry.” Pros know better: they build into winning trades. Scaling in—also...
Leguan Penigo
Jul 274 min read


Harnessing Trailing Stop Losses to Minimize Your Trading Losses
Introduction In trading, protecting your capital is just as important as finding winning setups. A trailing stop‑loss (TSL) is a dynamic...
Leguan Penigo
Jul 233 min read


Building & Backtesting Your Trading Plan—By Peni2DollarzFx
Having a clear plan is like having a roadmap: it tells you exactly where to go and how to get there. For new traders, this means defining...
Leguan Penigo
Jul 163 min read


Beginner Day-Trading StrategiesBy Peni2DollarzFx
Day-trading can feel like riding a roller coaster: exhilarating, fast-paced, and sometimes unpredictable. But with clear strategies and...
Leguan Penigo
Jul 74 min read


Keeping a Trading Journal & Performance Review: Your Secret Weapon for Growth By Peni2DollarzFx
Every successful trader—from Wall Street pros to solo day traders—has one thing in common: they track their trades. At Peni2DollarzFx ,...
Leguan Penigo
Jun 293 min read


Mastering Your Mind: Trading Psychology & Emotional Control
Introduction In the high-stakes world of Forex and day trading, your greatest asset isn’t a cutting-edge indicator or lightning-fast...
Leguan Penigo
Jun 233 min read


Order Types & Trade Execution: A Beginner’s Guide for Peni2DollarzFx
Introduction Effective order placement and execution management are essential skills for any Forex or day trader. Understanding which...
Leguan Penigo
Jun 213 min read


Understanding Leverage and Margin in Forex: A Beginner’s Guide
Introduction Leverage and margin are two of the most fundamental—and misunderstood—concepts in Forex and day trading. While they allow...
Leguan Penigo
Jun 14 min read


Risk Management: Protecting Your Capital as a Beginner Forex Day Trader
Introduction: For aspiring forex day traders, it’s tempting to focus solely on finding “the perfect indicator” or chasing big gains. Yet,...
Leguan Penigo
May 263 min read


Decoding Candlestick Patterns: A Beginner’s Guide with Real-Life Examples
Introduction Candlestick patterns reveal the psychology of buyers and sellers in the market. By learning to recognize key formations, you...
Leguan Penigo
May 194 min read


Mastering Trendlines and Channels: A Beginner’s Guide for Peni2DollarzFx
Introduction Trendlines and channels are two of the most powerful—and accessible—tools in a Forex trader’s toolkit. Like support and...
Leguan Penigo
May 93 min read


Support and Resistance: The Cornerstones of Forex Trading
Introduction Before diving into complex indicators, every Forex trader—especially beginners—should master the basics of price floors and...
Leguan Penigo
Apr 222 min read


Mastering the Art of Day Trading in Forex: Strategies for Success
Introduction Day trading in the Forex market offers a fast-paced environment where traders can capitalize on short-term currency...
Leguan Penigo
Mar 213 min read


How Can Peni2Dollarz Help You Become a More Successful Trader?
Introduction Whether you're just starting out in the world of trading or looking to refine your strategies, Peni2Dollarz offers a...
Leguan Penigo
Mar 72 min read


Swing Trading Techniques: The Strategy Behind Short-Term Trading Success
In the dynamic world of financial markets, swing trading stands out as a strategy designed for those looking to capture the short-term...
Leguan Penigo
Dec 7, 20243 min read


7 Day Trading Essentials Every Beginner Should Know
In the fast-paced world of the stock market, day trading stands out as a thrilling venture that can either lead to impressive gains or...
Leguan Penigo
Dec 7, 20243 min read


The Risks and Rewards of Short Selling Strategies
At the crossroads of high risk and high reward, short selling strategies stand out as a thrilling yet perilous venture in the financial...
Leguan Penigo
Dec 3, 20243 min read
bottom of page