19th January 2008
There are many reasons why Forex traders often wipe out their accounts. In fact, there are so many factors that cause Forex traders to lose money, that only 10% of all traders are consistently profitable.
Almost all of these loss-causing factors, howev...
18th January 2008
Online, you’ll often read about Forex trading advertisements that boast of more than 90% winning trades.
Sounds great doesn’t it? Would you pay $100 for a trading system that may win 90 out of every 100 trades?
If you answered “Yes”, you’...
18th January 2008
What is backtesting?
Backtesting is essentially the testing of a trading system using historical market prices, to see how profitable that system can be. This testing is usually done with computer software that runs the trading system through a period ...
18th January 2008
There are many sources of Forex trading information available on the internet today, and new traders are spoilt for choice when choosing whom and where to learn about trading from. Unlike most other topics of interest, however, Forex trading is particular...
18th January 2008
Unlike all other financial instruments, Forex is probably the easiest market for retail traders to start trading in. A new trader can start trading with as little as $200 (or less), and – unlike stocks and options – require only a minimal understandin...
18th January 2008
Forex trading can be a very lucrative activity for retail traders. We’ve all heard about traders that make a few thousand dollars in only a couple of hours – which makes trading sound like easy money! Unfortunately, what we don’t hear about quite as...
18th January 2008
There are so many sources available online today that “teach” many would-be traders about Forex trading – but how many of these sources actually offer an unbiased, balanced education… for free?
In my humble experience, most free sources of Fore...
18th January 2008
What is a day trader?
Day traders are traders who close their open trade positions by the end of every day. They usually trade on the smaller market price fluctuations for small profits (or losses). Day traders include both institutional traders (like ...
18th January 2008
What are Forex trading signals?
Trading signals are basically services that alert the user when to place a trade. These signals are usually delivered by email, text messages or both.
There are many signal services available online today, and a quic...
