Many novice traders like to pay attention to the huge amount of online news stories and try and trade off the information contained, however, this is a huge mistake and one that is guaranteed to make you lose. If you don’t believe the above consider this fact: The ratio of winners and losers [...]

For many investors Managed Forex Accounts represent a feasible way of trading the forex market without having to take the time to develop the necessary skill set to trade their own forex account. The simple fact of the matter is that most people find it difficult to allocate the necessary time to be able to learn [...]

In forex trading many traders think because they are clever or smart, that they have more chance of winning, but the EXACT opposite is true. There are many clever traders, yet they lose because being clever and making money are NOT compatible. Let’s look at this in more detail. The Work Ethic Does [...]

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 [...]

If you think about it around 95% of traders lose all their equity and lose money and only around 5% make big gains. The losing majority follow 4 accepted wisdoms in their forex education and if you fall into the same trap you will lose to, so let’s look at them. 1. An [...]

Do the opposite of what they do! This may sound obvious but most traders like to follow accepted market wisdom and trade in the direction of the crowd. If you want to win at forex trading you need to step away from the crowd – and that’s what this article is all about. In [...]

Most forex traders think they have to predict where currencies will go next to win but this relies on hope and guessing and the market will kill you – most novice forex traders make this mistake and lose. There is another way and it will make you money so let’s look at it. The [...]

The old saying goes “Run your profits to cover your inevitable losses” most forex traders simply never do this, for 3 main reasons. They could but they don’t because they make fatal errors which means they lose all their money. Let’s look at the reasons. Let’s first of all look at a common scenario [...]

The majority of forex traders think it is and make the same errors time and time again and there BASIC. Below I have outlined these errors, avoid them and accept the truth about forex trading and you can win and win big time. First let’s look at the most common errors. 1. Buying [...]

50 years ago 95% of traders lost and today the ratio still remains the same today. This is a startling fact considering the advances in computer and software technology and forecasting tools available – but these have made trading harder, NOT easier – Here’s why: 1. Consult An Expert For Success With [...]