With globalization being the rule under which the world works, it is hardly surprising that people are looking for more profitable options to trade in, like foreign currency. Currency trading is one of the more popular and perhaps profitable trading options, where the guarantee of making profits is more than any other trading market. It …
Trading Your Way to Success With an Automated Forex Trading System Read More »
The currency market is one of the largest in the world, with a turnover of over a trillion dollars a day. It involves trading currency pairs by various participants from large investment banks, insurance companies and individuals. This market is filled with persons with diverse experiences from amateur traders to top-notch traders. There are numerous …
Here I am going to give you 10 simple tips which are needed to enjoy long term trading success and if you understand them and follow them, you can join the elite 5% of traders who make big gains trading Forex. I have put the number of tips in no particular order of importance – …
Trade Forex – 5 Tips for Currency Trading Success Read More »
Foreign exchange forex trading is a great way to make a few extra bucks and if you get serious about it then there is no reason you can’t make a living out of it. These tips can get you some real profits if you implement them properly. The market is impossible to predict, and that …
The Only and Best Way to Succeed in Foreign Exchange Forex Trading Read More »
The Foreign Exchange Market Involves Trading One Currency for Another If there were a worldwide Forex trading 101 course, it would explain the simple process of trading one currency for another. Forex exchanges are made between currency speculators, central banks, large banks, governments, multinational corporations, and other financial markets, and that practice has produced the …
Successful Forex Trading Market Relies on Natural Currency Fluctuation Read More »
One of the best ways to learn how to trade Forex is to learn it from someone who has a vast experience in trading financial services. Do not be tempted to just learn this online from many popular Forex trainers just because it may seem an easier and faster way to gain this knowledge. Although …
A venture into Forex trade can be the turning point in one’s life for the very best financial achievements. The Forex trading system used by the broker however determines greatly how much a person is able to achieve from the foreign exchange trade. But what is a Forex trading platform? This is software which acts …
We are constantly rounding off numbers in our day to day activities. It occurs when we go to the market, read the temperature, buy a piece of property or go to the gas station. We are immutably drawn to round numbers and numbers that end in zero. These round numbers play a major role in …
I once knew an 72 year old lady, who was a sheep farmer, hardly read the news and had no formal education yet she made huge gains trading Forex turning a mere $5,000 into over $70,000 in just over a year. On, the other hand, I knew a guy with a degree in mathematics who …
Forex Trading Success a tale of two traders one made huge profit the other lost why Read More »
The Trader’s Fallacy The Trader’s Fallacy is one of the most familiar yet treacherous ways a Forex traders can go wrong. This is a huge pitfall when using any manual Forex trading system. Commonly called the “gambler’s fallacy” or “Monte Carlo fallacy” from gaming theory and also called the “maturity of chances fallacy”. The Trader’s …
Forex Trading Strategies and the Trader’s Fallacy Read More »