02nd April 2008
Technical indicators are data points that try to predict how the market will move in the future. While they are not always 100% accurate, technical indicators have proven to be rather reliable signals. In this article, we will briefly discuss the RSI and ...
02nd April 2008
What Is A Currency Pair?
A currency pair refers to the two currencies that are involved in a foreign exchange trade. For example, if you want to buy the Japanese Yen using U.S. Dollars, you would look at the quoted price for the USD/JPY currency pair (...
01st April 2008
There is no lack of so-called Forex trading ‘systems’ that promise to turn you into a rich trader almost overnight. Many unsuspecting people unfortunately fall these marketing gimmicks without paying attention to what really matters - a good education...
01st April 2008
There are many hopeful traders who wish to find a reliable online Forex trading signal to follow. These are usually people who don’t have the time to learn to trade for themselves.
On the other hand, there are other traders who completely avoid all f...
28th March 2008
Amateur traders often look to external sources for the best Forex training opportunities. They try to find the latest ‘systems’ and purchase hundreds of dollars worth of books and videos. But one important (not to mention free) source that they often ...
28th March 2008
A quick search online will turn up many websites claiming that you can make easy money in Forex trading. But while profiting from the currency market is certainly a reality for a number of traders, chances are that the path that these traders took was a t...
27th March 2008
Choosing an online Forex trading system is not an easy task. Retail traders are basically spoilt for choice due to the prevalence of so-called ‘systems’ that you can easily purchase online.
This being said however, not all such trading systems are ...
27th March 2008
If you’ve spent some time searching the internet for Forex trading resources, chances are that you’ll have come across at least one scam Forex trading product.
On the internet, there are countless scammers that try to tempt their ‘victims’ int...
25th March 2008
It’s no coincidence that more than 90% of retail Forex traders lose money in trading. If you’ve done a little research, you’ll realize why this is the case. As a retail trader, the currency market is heavily geared to make you lose money.
And one...
12th March 2008
Demo trading is an indispensable aspect of every retail trader’s career. It would be foolhardy to trade ‘live’ in the Forex market without first getting your feet wet with paper trading.
What Is Demo Trading?
Demo trading (or ‘paper tradingâ...
11th March 2008
In this article, I will discuss 2 of the most common Forex trading mistakes made by traders.
Problem #1 - Scalping
Compared to all other types of trading (ex. swing trading), scalping is by far the hardest to master. Many amateur traders make the m...
10th March 2008
I’m sure you know by now that more than 90% of retail traders are overall losers in the market. Why is this so? Is the Forex market really that difficult to profit from?
Unfortunately, the answer is yes.
However, it’s not just the dynamics of th...
10th March 2008
Humans are social creatures. As children, we learned about the ways of the world by observing the people around us. We’ve been conditioned to take cues from others regarding how we should behave. For example, if a friendly stranger smiles at you, you’...
07th March 2008
It is often said that a trader’s psychology is the most important aspect of profitable trading. ‘Patience’, ‘discipline’ and ‘having a system’ are just some of the most commonly touted characteristics of great traders.
But while most trad...
04th March 2008
If you’ve done your homework on retail Forex trading, you’ll come to realize that the market is geared to make you lose money.
The big financial institutions around the world have all the necessary human talent, technology and resources to ‘huntâ...
