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Occasionally when speaking with other forex traders you may hear a reference to a label that you do not recognize. “I’m looking at 10 lots in Cable, what are you thinking?” “Hmm, have you taken a look at Fiber? Support looks like it might be breaking across the board.” Wait, what? I assumed we were […]

If you intend to be a successful forex trader, greed is possibly the biggest barrier you’ll need to conquer. If you try to get rich on every trade, you’ll more than likely end up blowing your account – slow and steady wins the race. It’s the great paradox that all traders face – if you […]

If you are exploring all the investment options that are available to you at some point in time you just have to consider the foreign exchange market. The foreign exchange market provides the opportunity to trade at all hours of the day, and on margins that other investment markets don’t offer. Here are some helpful […]

It’s also called a relentless dollar plan. It’s different from a forex trading strategy because it’s about how a trader manages money for future investment purposes. Money management is usually neglected as part of an FX trader’s arsenal. An honest investment strategy is often a helpful complement to a decent trading strategy so as to […]

Starting a career in foreign exchange currency trading, popularly known as forex, can be a daunting task. Learning the currency pairs, the best strategies for trade, and setting up a trading plan can all be quite difficult. I’ve put together some of the best tips to help you trade effectively. If you are losing money, […]

Newbie traders are frequently advised to begin with a demo trading account before taking the chance of actual cash on a live account. Nonetheless, there are also lots of questions whether this step is needed as demonstration trading has numerous raw differences with real-time trading, especially in the trading psychology element. Despite that, demonstration trading […]

Starting a career in foreign exchange currency trading, popularly known as forex, can be a daunting task. Learning the currency pairs, the best strategies for trade, and setting up a trading plan can all be quite difficult. I’ve put together some of the best tips to help you trade effectively. If you are losing money, […]