A fatal mistake made by many novice Forex traders is they think they need to predict where prices will go to win in there Forex trading strategy. You don’t have to predict to win and if you try predicting you will lose – let’s examine why in more detail. If you are predicting the [...]
Forex Tips
If you can’t answer the question I am going to pose in this article you will probably lose all your money when you trade. The question though is one that very few novice traders consider or think about so here it is: What is your trading edge? THIS MEANS: Why will you [...]
To succeed at forex trading you need to understand greed and fear and why it makes most traders lose. Learn to sell greed and buy fear and you can catch some great high return, low risk trades – while the majority lose. First let’s start with a simple equation which in forex trading gives [...]
Forex trading is the largest known financial market. Day or night, it doesn’t really matter; the trade goes on even as half of the world is asleep. It offers a lot of opportunities for many organizations and individuals to make profit. There are many day traders in the market, and if you think you can [...]
The most lucrative form of trading is locking into and following long term trends in forex that can last for months or years. Most traders have no idea how to profit from forex trend following so we will show you how to do it in 5 simple steps. 1. Be Selective The first [...]
As rewarding and as profitable as forex trading may be, there’s no denying that trading forex for a living can be extremely stressful. It can really get your heart racing at times, particularly if it’s your own money at stake, but nevertheless there are ways in which you can reduce your stress levels, as I’m [...]
Forex trend following can be very profitable and you can pile up huge gains – but you need to have the mental discipline and confidence to follow the trends. While you would think most traders could do this – they can’t. It’s a fact that long term trends exist in forex trading and they [...]
Forex trend following can be very profitable and you can pile up huge gains – but you need to have the mental discipline and confidence to follow the trends. While you would think most traders could do this – they can’t. It’s a fact that long term trends exist in forex trading and they [...]
Forex trading is considered by many to be nothing more than gambling. After all whenever you take a position in a particular currency pair, you are essentially betting on the price to either go up or down by taking a long or short position. So is forex trading really just another form of gambling? [...]
Forex trading can be difficult at the best of times. Even if you’re doing it full-time and sitting at a computer screen all day closely monitoring your positions, it can be really tough going. So can you really make money from forex trading on a part-time basis? Well I am a profitable forex trader [...]