Most traders don’t take a rational approach to trading and have unrealistic goals. A return of 200% on your account is possible but it is not possible every month, a return of 10-15% every month is more realistic and possible.
Here are 8 tips that will improve your trading by 100% and help you reach that […]
The question, “How do you make money in currency trading?” is being asked by investors and potential investors worldwide as they witness the multi-year downturn trend of the US dollar and upswings in other currencies such as the Euro or Canadian Dollar. Only since 1999 have US citizens been allowed to trade foreign currencies at […]
If you’re looking for a good Forex broker for the first time, you have to be extremely careful. As the Forex market isn’t regulated there are plenty of Forex broker scams.
The horror stories continue to appear every day. And until the Forex market starts to be a regulated market like stocks or futures markets, you […]
If you want to be a smart trader, you have to be able to analyze the market correctly and predict what the price movement is going to be. This is true no matter what you are trading, whether it be stocks, commodities, bonds, currency or any other form of security.
This type of analysis can be […]
Currency trading, or Foreign Exchange trading is rapidly becoming very popular around the world because of the exciting rewards it promises to offer.
Earlier, currency trading was available only to huge corporations and monopolies. They had unlimited resources and investment capabilities. Small scale investors or individuals were unable to participate because it was just too overwhelming.
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Forex trading can be a good fit, but it’s not for everyone. You have to take many things into account, and of course, you always risk losing money. If this isn’t for you, don’t worry. A lot of people aren’t cut out for it. However, if you are considering jumping into forex trading, read on. […]
Simply put, technical analysis means that one studies price movement. You can use price charts in order to keep track of price movement history. By doing so, you can try to figure out which way prices will go, up or down, in future trends.
Most online forex brokers give you many different tools that will help […]
The foreign currency exchange gives a platform for the exchange of money from one countrys currency to that of another. As the market with the worlds highest daily turnover with more than $2 trillion being traded by the market, the currency traders in the world out-trade the US stock market, the world’s largest equity market.
A […]
A common question asked by retail currency traders who are new to the forex trading business is that of the commission charged for trading. Whilst there are some Forex brokers that to charge a small commission on the trade, a common practice amongst the forex brokers is to charge what is known as the spread, […]
There are two distinctions that will be made in this article. The first regards forex trading software that enables the retail forex trader to access data feeds and charts that show the current market action of major currency pairs and crosses in the forex markets.
The second regards forex trading software that either assists the trader […]