Why do traders lose? The statistics show that 90% of all traders lose money. It’s an age old question and while there is no magic formula and no way that anyone can guarantee that you won’t lose money, there are 5 fundamental things that you can do to become part of the 10% THAT ARE ... read more ...
Hopefully now you understand that the forex market behaves a bit different than other markets. Currency markets are highly speculative and volatile in nature. Any currency can become very expensive or very cheap in a matter of days, hours or sometimes even minutes. The unpredictable nature of this market is one of the things that ... read more ...
Now that you’re understanding a bit more about how the forex market works, you need to determine your trading strategy. There really is only one method… trial and error. I can suggest to you to open up a Demo account (there are many available) although I believe that it makes a huge difference when using ... read more ...
Fundamental analysis and technical analysis are the two major approaches to analyzing and studying the currency market, the first focusing on the underlying causes of the price movements… such as economic, social and political forces that drive supply and demand. Technical analysis focuses on the studies of the price movements themselves. I believe that the ... read more ...
The forex market is by far the biggest and most popular financial market in the world. It is traded globally by individuals as well as banks and large organizations. The chart below shows the global foreign exchange activity, with the United States dollar (USD) being the most traded currency, with the Euro share at 2nd ... read more ...
Now you most likely won’t be standing amidst a few hundred other screaming stockbrokers on Wall Street, but it is important that you understand some of the terms that you would be hearing if you were. You want to be sure to understand what these terms mean in your trading. These are some of the ... read more ...
The differences between the stock market and the forex market are significant. In this chapter, I will discuss the general definitions of the two as well as the pros and cons of each. What is the Stock Market? The definition of the stock market is simply the business of buying and selling stock for the ... read more ...
Automated forex trading has a few advantages of its own. Here all you have to do is follow trade signals that are generated and if you are able to execute them with discipline and if your system is logical, then you can easily pile up gains. Before looking at the various ways you can gain ... read more ...
Forex trading is nowadays the preferred form of investment for an increasing number of people these days. It is apparent why this is so. As the largest trading market in the world, the Forex market has a steadily growing trading volume, which has risen from around $500 billion to about $2 trillion in the last ... read more ...
One of the best things about Forex trading is the fact that one can trade using leverage, thus borrowing as much as 1,000 times your capital in order to make a trade. However, borrowing money for trading in foreign exchange is the same as borrowing it for other purposes—interest must be paid on the loan. ... read more ...
