“To Err is Human”, but in trading it often happens that traders will knowingly make decisions that create losing trades. Now we’re not talking about losses that come about because of testing out a trading plan or a specific indicator. Nor are we looking at simple errors committed purely by accident. If our goal is to profit, then why would we do these things that are clearly against what we know to be right? This phenomenon has many very undesirable consequences that are expe…
How To Get The Most Out Of Your Forex Currency Trading System
The reason that you entered Forex currency trading is to make very good money, right? First thing you must do is to have a clear and written Forex currency trading system, preferably a proven one.
Forex Trading Course Primer
Forex trading refers to foreign exchange. Since the currencies of different countries themselves are the commodities involved, the market has a pure behavior that is driven by large economic forces. To master this art, one should do comprehensive study with the help of a Forex trading course.
Forex Trading: Learn How To Read A Forex Quote
Forex is an abbreviated name for “foreign exchange.” The Forex market is a non-stop cash market where the currencies of nations are bought and sold, typically via brokers. For example, you buy Euros, paying with U.S. Dollars, or you sell Euros for Japanese Yen.
What To Consider When Comparing Forex Brokerages
The forex market is a great place for individual investors, large and small, to engage in thrilling, fast-paced and potentially profitable trades. But you can’t participate in forex currency trading if you don’t first have a forex brokerage account. While most stock-market brokerages allow you to also trade bonds, mutual funds, and other financial instruments, forex brokerage accounts are typically standalone entities. Here is what you need to know about opening a brokerage a…
Understanding A Forex ‘Carry Trade’
Recently, the breakdown of the “yen carry trade” has graced the front page of major financial newspapers and business magazines. But what is a “carry trade” and how does it affect the forex? More importantly, how can you, as an individual investor, profit from carry trades? This article endeavors to provide the answers.
Learning Forex – Find The Right Training Course
Once you’ve got a basic understanding of Forex currency trading, it’s vital to expand your knowledge even further. After all, Forex is an extremely complex and wide ranging subject.
How You Can Make Ten Times Your Salary- With Day Trading
Day trading no, its not something that Bill Murray wished he had in Groundhog Day. Its a style of trading on the foreign currency exchange market in which a trader completes all his trades within a single day. In other words, he may make a few dozen or more trades in a day with the objective of buying and selling quickly and making a profit from the fluctuations in a currency exchange rate over the course of the day.
How The Internet Sparked The Boom In Forex Trading
Unless you’ve been living under a rock the past decade or so, you’ve undoubtedly heard a new word enter the English lexicon — forex. Before the advent of the Internet, almost no one had ever heard the word, let alone knew what it meant. But now, it seems like everyone and their brother has a “foolproof” system for reaping tremendous profits trading currencies on the forex. While most of these systems quickly bite the dust — along with the traders employing them — thousands…
How To Become A Day Trader
Like all businesses, day trading can be extremely lucrative. I suppose that is the reason why so many people want to become day traders. However, the risks are equally great and it is important to know what it takes to become a day trader.
Forex Currency Trading – Frequently Asked Questions
What is FOREX?
Forex Currency Trading – The Basics
Forex is the name given to the foreign exchange market, where international currencies are bought and sold. Due to the development of free exchange rates, the market began in the 1970s and has become the world’s largest financial market with a daily turnover of US$1.9 trillion. To put that into perspective, that’s over thirty times the daily turnover of the rest of the US equity markets combined.