0Comments

Make Money Forex Trading by Utilizing Volatility

Traders in the forex market are now a savvy lot. Almost everyone in the forex market nowadays are self trained in reading charts, or a user of some form of high technology software to trade the forex market. Some have graduated from using simple technical analysis to the new fangled sophistication of neural network forecasting and artificial intelligence. But yet a great majority of these professed experts fail in their trading, losing money from their trading rather than making profits. Why is it so?
by Sz. Daniela
0Comments

The Basics Of Forex Trading

Forex Trading, also known as FX Trading or Foreign Exchange Trading, is what happens when you trade one nation's currency for another. For example, if I go to the bank and exchange ten United States dollars for 15 Australian dollars, I have completed a simple Forex trade.The forex trading market is the largest trading market in the world. According to a study done in 2004, approximately two trillion dollars are traded each day in markets across the globe.
by Sz. Daniela
0Comments

Forex Trading Software

If you are looking to get started trading the Forex, you will find that there are numerous software programs available (both web based and desktop based) for you to use in your trading. In fact, most brokers offer clients a software package for free or as part of their trading account. Usually the software that comes with your trading account is a very basic "bare bones" model. Sometimes, more features are available for a price. The software packages your broker provides can be an important consideration in choosing a broker. You may want to download and try some different packages using a demo account. This will give you a better idea of which software package you find most suitable to your unique style of trading.
by Sz. Daniela
0Comments

How To Implement A Profitable Exit Strategy

It’s been said by many professional FX Traders that where you get out of a trade is more important than where you get in. Obviously the entry point is critical, but your exit strategy is the difference between having a long career in FX trading or a very short one. The primary reason is that if you pick a random place to exit or use emotions to “get out” when “it feels right” you have absolutely no way to objectively measuring the accuracy of your trading plan.
by Sz. Daniela
0Comments

Think Forex And Consider These Two Factors

In this article I will cover two important advantages that the Forex market offers to traders.Daytrading with a small accountIf you want to daytrade with stocks and you have less than $25.000 on the account, you are likely to have a hard life. The reason is that a rule called "pattern day traders" allows you to daytrade freely only if you have that amount or more on your account. If you have less, your daytrades (positions entered and exited the same day) are limited to three in any five trading days period. Your broker should monitor your activity and make sure you do not execute trades that are not allowed under the "pattern day traders" rule. This regulation applies for stocks and stock options. The Forex market at the time of this writing is not involved... Read More...
by Sz. Daniela
0Comments

How to Win the Forex Battle

Every trading activity is in fact participating in a battle. Winning the battle is a matter of knowledge, skill and experience. If you miss any of those you are going to join the long line of losers. Some says that 95 to 99 percent of the traders are lining up on the loser’s side.How to win the battle in the currency market? It is easy to answer that question, based on the above approach – prepare yourself for the battle. If you treat currency market activity as a hobby you’ll ultimately lose all investments there. If you treat it as a business you still may loose everything... Read More...
by Sz. Daniela
0Comments

Real Forex Traders Learn to Like Losses

Don’t whine about your loss and never carry a prejudice against a loss. The key to manage losses is to cut them quickly before a small loss becomes a large one. I repeat. The key to manage losses is to cut them quickly before a small loss becomes a large one.Never ever think that you will never lose. That's just ludicrous. Losses are just like profits, it’s all part of the trader’s universe. Losses are unavoidable. Get over the loss and move on to the next trade.
by Sz. Daniela
0Comments

Forex Trading – The Next Hottest Home Based Business?

When running a home-based business, a person quickly gains knowledge of how the business world works. Whether it be selling crafts, doing a home delivery business, or selling real-estate, after investing a lot of time and effort into a home or small business, a person quickly becomes aware of the few basic business truths that govern business... Read More...
by Sz. Daniela
0Comments

The Forex Market Exposed – Wait Until you See What’s Inside

Forex traders are raking in big profits with low risk high yield, investment strategies that exist only in the foreign currency market. Especially those who have a trained eye that can see excessive profit points that explode when done correctly. The forex market has created many millionaires who understand the exceptional leverage that is provided by trading currency. To be exact a 100:1 leverage ratio, this means you can leverage your money 1x100 so $100 leverages $10,000 and $10,000 leverages $100,000. This extraordinary benefit of the currency market allows you to realize windfall profits in a short period of time and can quickly make you a lot I mean a whole lot of money.
by Sz. Daniela