This is a story which inspired me to trade and took place in the late eighties. It involved a group of people who had never traded before, learning trading in 14 days and then going onto make hundreds of millions of dollars. Let’s see how they did it…
Trading legend Richard Dennis decided to prove that [...]
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If you want to win at currency trading, ask yourself the question - why should you be one of the elite 5% that win? If you think forex trading is a walk in the park - think again. You can enjoy forex trading success but you must be aware of the following…
Forex trading can be [...]
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For Forex beginners often find forex a better alternative in terms of financial returns compared to stocks. The reason for this is partly because of the fluid nature of forex trading and the high leverage that is enjoyed. The minimum amount that can be invested is a lot lower and the longer trade hours means [...]
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Traders are the only group that doesn’t have an external control having only themselves to report to. A margin agreement, conducted during establishing Forex account includes the statement that any trades which the broker considers too risky may be interfered by him.
Traders no longer have to struggle with convoluted graphs and impossible calculations. Instead they [...]
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Money management is a necessary part of forex trading. There are a lot of mistakes that forex traders make, and not following their own money management system is one of them. Listening to other opinions can lead to some costly mistakes, and unless the opinion is an online business opinion from a company or government [...]
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What are the best currencies to trade? Here we will answer this question and also look at a few over looked currencies and in particular one of the best for novice traders.
Here we are going to look at the best currencies against the US Dollar.
Perhaps the most important consideration is turnover and liquidity of [...]
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The works of a Forex Currency Trading will depend on your preference, you either start signing up in a reliable Forex currency trading website, or in a company of a Forex trading company can set up a personal computer in your home. Most Forex trading companies require their traders to enroll in a bank for [...]
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Let?s start with the weekly here. The first thing I am going to do is zoom way out. The reason why I want to zoom way out is I want to be able to get a bird?s eye view. What this is going to do for me is; let me change my scaling here.
What this [...]
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If you are looking at trading a forex robot, then you need to be careful as the myth of a life of luxury and wealth for a hundred dollars outlay is rubbish. The reality is losses here’s why.
They all have great names that indicate how they take on the forex market and they produce great [...]
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Forex Trading: How To Succeed In It?
Forex is the centre stage on which a majority of forex trading and currency trading takes place with daily currency turn-over worth over $1.2 trillion.
Forex or Foreign exchange originated in 1973 and since then it is the most prolific and largest finance exchange market in the world. It [...]
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