02nd February 2008
What Is Fundamental Analysis?
Fundamental analysis in Forex trading refers to the study of the underlying elements that influence the economy of a particular country. It is a study that attempts to predict price action and market trends by analyzing ec...
02nd February 2008
Fundamental indicators are basically news announcements that involve the sensitive economic data of a country. Forex traders take a very keen interest to these announcements because the currency markets typically react significantly to them.
In this a...
31st January 2008
It’s a common thing to see new traders obsess over finding the “latest” and “best” way to trade Forex. While this may seem like the logical thing to do (after all, we’re trading to make money right?), the true secret to making money in Forex t...
31st January 2008
Whenever I tell people I trade currencies, they would widen their eyes and go, “Wow, so you’re a trader, huh! You must make at lot of money!” They look at me as though I possessed some rare talent that enabled me to become a profitable trader.
A ...
31st January 2008
I think many new traders doom themselves to failure even before they open up their trading charts. They buy into all the marketing hype that’s been fed to them, and they think they can easily get something for nothing.
I hope you realize that trading...
30th January 2008
Trailing stop losses are a very popular topic among new traders. It seems like trailing stop losses have the best of both worlds: you can protect yourself from losing too much, and also lock in more and more profits at the same time.
What Is A Trailing...
30th January 2008
You’ve read about it in the newspapers, and you see it in almost every financial trading magazine… but what exactly is a carry trade? And why is it so popular?
Before I go into what happens in carry trades, allow me to briefly share with you why ...
30th January 2008
There’s a gross misunderstanding about trailing stop losses that cause many amateur traders to misuse it... resulting in them losing money unnecessarily without even knowing why!
Trailing stop losses are often used by amateur traders because they bel...
30th January 2008
Many traders only look at how to make money in Forex trading, and don’t pay enough attention on how to avoid losing money. As you might guess by now, the real key to becoming a profitable trader is damage control.
Unfortunately, many people don’t ...
30th January 2008
Many people claim to be trading to make money. But the more I talk to them, the more I’m convinced that’s not true. It’s not that they’re intentionally lying… it’s just that they don’t truly understand their motivations for trading. Their in...
30th January 2008
Most Forex trading systems today use at least one custom technical indicator to determine its buying or selling criteria, and people flock to purchase these systems without carefully thinking about what those indicators really mean.
Here’s an example...
28th January 2008
Stop-loss hunting is essentially the act of a powerful (i.e. wealthy) financial institution that temporarily causes the market price to hit your stop-loss order and causing you to exit the market at a loss. In this short article, I will discuss the typica...
28th January 2008
Many retail Forex traders are concerned about stop-loss hunting because they are virtually powerless as individuals to defend themselves the powerful “hunters”. In this short article, I’ll explain to you what stop-loss hunting is, and how you can av...
28th January 2008
There are many reasons why more than 90% of all Forex traders wipe out their trading accounts within the first three months of live trading. However, one of the biggest reasons is because they do their thinking AFTER a trade has been placed.
When a tr...
26th January 2008
Many Forex traders lose so often in their trades that they can’t wait to close their trading positions the moment they turn profitable. It’s very tempting to want to immediately secure the profits of a winning position, even before your profit target ...
