As 90-95% of new forex traders lose money within the first 3-6 months this article helps to guide new forex traders by asking 5 questions that the forex trader needs to know prior to back-testing their forex system.Let us jump right in...1. What data type are you using (or going... Read More
Everybody hates to lose and unfortunately no one is blessed with the ability of foresight, therefore losses are an unavoidable part of trading. When we enter a trade we will either be right, or wrong, and even if we broke-even we'd still be classed as being wrong - as nobody... Read More
With every passing year the interest in electronic trading is bigger, more especially trading shares and currency through Internet. A new profession came forward ? this of the currency dealer. The appearance of this profession was caused by the full force of development of Internet, which enabled the exchange business... Read More
The first and perhaps most important "secret" is to realize that your methodology or approach (no matter how good) is only part of being a highly successful trader. This applies to any trading style including, day trading, swing trading or position trading.The simple fact is that a bad trader can... Read More
Have you heard the wise saying that a trader who fails to plan, plans to fail? I have, and I was once that trader! However, did you know that even though traders who have constructed a plan, which incorporates their trading stategy (their "edge"), they have a plan that is... Read More
There are lot's of Forex signals providers out there. New Forex traders might be thinking of looking for a reliable Forex signals provider. Is there any reliable Forex signals providers available?Personally, I will say do not pay for Forex signals. Think about it - if a Forex signals provider sells... Read More
With currency trading becoming ever more popular, the number of brokers is growing at a rapid rate. What should one look at when deciding which broker to open an account with? These are the important points to consider.SpreadBecause currencies, unlike futures and stocks, are not traded through a central exchange,... Read More
Could it be possible that you are staring right into the most spectacular financial opportunity of the century? Operation: Iraqi Freedom will undoubtedly be a war marked in history for loss and tragedy, American victory, and the rise of a nation with a new democratic government. But could it also... Read More
Q1: When you consider that the foreign exchange market has become the world's largest financial market, with over $1.5 trillion USD traded daily, where does it go from here?A1:The FX market is unique, in the UK there is no central exchange, we trade via the inter bank market. With more... Read More
For those unfamiliar with the term, FOREX (FOReign EXchange market), refers to an international exchange market where currencies are bought and sold. The Foreign Exchange Market that we see today began in the 1970's, when free exchange rates and floating currencies were introduced. In such an environment only participants in... Read More
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Currencies are traded in dollar amounts called "lots". At 100:1... Read More
Currencies are traded in dollar amounts called "lots". One lot... Read More
A Forex broker is a broker dealing in foreign exchange,... Read More
The recent upheavals in the world financial markets were quelled... Read More
Keen on starting FOREX trading? Why would you not be?... Read More
The forex options market started as an over-the-counter (OTC) financial... Read More
Which way will the forex market move? Do you just... Read More
Everybody hates to lose and unfortunately no one is blessed... Read More
There is one aspect that is considered as one of... Read More
FEARING LOSSESThere is a huge difference between being risk averse... Read More
Have you heard the wise saying that a trader who... Read More
The base unit for the renminbi is the yuan, which... Read More
If you ask me whether the market will have moved... Read More
A Minister of Finance is morally right to lie about... Read More
What is Stocks Trading?Companies throughout the world issue new stock... Read More
Most traders use a FOREX broker to handle their transactions.... Read More
I am reading a fantastic book on trading, first published... Read More
During my first year as a local (independent trader) on... Read More
For those unfamiliar with the term, FOREX (FOReign EXchange market),... Read More
The investor in the currency market takes for granted that... Read More
Forex, or Foreign Exchange, is the simultaneous exchange of one... Read More
The first and perhaps most important "secret" is to realize... Read More
A broker is any person or firm that charges a... Read More
So you have learned how to trade the markets by... Read More
I read on a bulletin board a traders comment that... Read More
You know the old joke:"How do you make a million... Read More
Profitable day traders recognize that momentum trading is among the... Read More
To make a profit, in the FOREX, a trader can... Read More
One way to acquire discipline in trading..."Hey Joe! When you... Read More
The base unit for the renminbi is the yuan, which... Read More
Do you think adaptation to the realities of the market... Read More
For those unfamiliar with the term, FOREX (FOReign EXchange market),... Read More
What Is Online Futures Trading?A futures contract is an agreement... Read More
"Is it important to be creative in your trading?"I'm not... Read More
Have you noticed that when someone's trying to sell you... Read More
What is Stocks Trading?Companies throughout the world issue new stock... Read More
There is one very important factor that you should consider... Read More
I read on a bulletin board a traders comment that... Read More
The first and perhaps most important "secret" is to realize... Read More
You may be asking yourself "how does one begin to... Read More
What are Forex signals? Forex signals are paid services offered... Read More
In recent years, investors have witnessed increased number of investment... Read More
There are some common mistakes I've seen traders make in... Read More
The foreign exchange currency market is the largest market in... Read More
FOREX is the world's largest and most liquid trading market.... Read More
Which way will the forex market move? Do you just... Read More
I am reading a fantastic book on trading, first published... Read More
What is Options Trading?An option is simply granting someone the... Read More
Below I will describe three basic principles that may come... Read More
For those of you who are interested in forex trading,... Read More
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