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Forex – A Snappy Way To Make Serious Bucks

$1.3 Trillion; Safe estimates peg it as the amount of currency that’s traded on the Forex every single day. Trading on the Forex is one of the fastest growing income generating opportunities in the world. All it takes to start is a small investment (many dealers will start you off with as little as $250), and some knowledge of the world markets and of trading. Oh. And, according to those that do it every day and live off changing dollars to pounds to francs and back, some ...
by Sz. Daniela
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Savvy Tactics To Minimize Whopping Forex Losses

Forex trading has one goal: to make money. Unfortunately, like any speculative venture, there is a potential for loosing money. The same holds true with the stock market the commodities market, and the money market. Any investment that entices of great gain poses a certain level of risk. As a forex trader you want to minimize your chance of risk. Observe the following Best Practices: • Stay informed. Peruse the current events magazines and political journals. Know how the ...
by Sz. Daniela
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Beginning FOREX – How Are Lots Traded & What The Heck Is A Pip?

If you are new to Forex, no doubt you are confused by all of the strange and unfamiliar terminology. For example, what is a pip? Also, you are probably already aware that Forex trading can be risky. How can you limit your loss and best protect your funds? This article briefly covers how currency lots are traded to help you better understand how to plan your trading strategy and manage your funds. In Foreign Currency Exchange (FOREX), earnings are expressed in "pips". Pip ...
by Sz. Daniela
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Trading Psychology – Mistakes in a Trading Environment

When it comes to trading, one of the most neglected subjects are those dealing with trading psychology. Most traders spend days, months and even years trying to find the right system. But having a system is just part of the game. Don’t get us wrong, it is very important to have a system that perfectly suits the trader, but it is as important as having a money management plan, or to understand all psychology barriers that may affect the trader decisions and other issues. In order to succeed in this business, there must be equilibrium between all important aspects of trading.
by Sz. Daniela
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A Profitable Forex Strategy

Making money in the forex market is not an easy task by any means. However, given a bit of education and knowledge of the market, it can become quite easy to profit in the forex market. Most traders end up learning that it’s the simply systems that create the wealth. Over analyzing and over thinking can sometimes affect your trading methods and strategy.
by Sz. Daniela
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Currency Trading – Understanding the Basics of Currency Trading

Investors and traders around the world are looking to the Forex market as a new speculation opportunity. But, how are transactions conducted in the Forex market? Or, what are the basics of Forex Trading? Before adventuring in the Forex market we need to make sure we understand the basics, otherwise we will find ourselves lost where we less expected. This is what this article is aimed to, to understand the basics of currency trading... Read More...
by Sz. Daniela
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Jeff Wecker, Former Member CBOT – Personal Coaching

90% of New Traders Lose 90% of Their Money in 90 Days. We’re going to keep you out of that group. I’ve been in this business 25 years now, which is to say the least, unusual. Probably 80% of the traders who were in the business 10 years ago, are now doing something else. If you have the wrong techniques and temperament, you’ll most likely burn out and leave the business. If you have the right techniques, there’s really nothing in this world any better as an occupation. You are your own boss, set your own hours, and best of all only have a 25 foot commute to your kitchen.
by Sz. Daniela