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FX Trading Account – A Guide That Every Trader Needs to Select the Right Forex Accounts

Most people don’t realize this, but there are a number of FX trading accounts that you need to be aware of before you start to trade. This article reviews the different Forex account types and recommends the ones you need and the ones to avoid.

Forex Trading Diary

All traders will make mistakes, that’s for sure and it will happen more frequently if you don’t take notes highlighting your trades details. A Forex diary is one of the best tools that can help you to understand, improve by learning and avoid mistakes by mastering well your notes. By keeping a record of what went well and what went wrong you will understand better how to act on the next trades.

Mechanical Trading Systems – Are They Good Or Bad?

Software development technology for forex mechanical trading systems is becoming more and more affordable to all traders. A Forex Mechanical trading system is a software that basically does all the work for you. It watches the market, makes all the decisions and trades directly with your broker.

Leverage, Contract Size and Other Basic Forex Concepts

Within this article I will explain some of the basic terms used in forex trading and what they mean. When readers go through the text they will learn what these words – like leverage and contract size – mean and why understanding them is vital to succeed in trading.

Finding a Profitable Forex System

This article talks about the way in which people search for profitable trading strategies. It teaches readers about the importance of understanding the market and how the personal design and understanding of strategies is actually vital to achieve success.

Scalping Systems – Can They Be Long Term Profitable?

This article aims to explain the problems inherent to scalping systems and why it is likely that no mechanical scalping system will be able to reach long term profitability. Both fundamental and technical arguments are given to show the problems inherent to these systems.

Understanding Indicators – A Vital Part of Survival in Forex Trading

This article aims to explain why understanding forex indicators is vital for success. Through this article the reader will see the reason why many traders fail because of their lack of knowledge and why understanding indicators gives people the confidence to build and trade sound strategies.

Backtesting Reliability – Are Simulations in Forex Automated Trading Reliable?

This article will guide traders into the world of simulations within the MetaTrader platform explaining the problems inherent to data quality and backtesting results. The text seeks to explain why simulations may be manipulated and what steps need to be taken to ensure the highest possible reliability.

Currency Trading Charts – Just How Important Are They?

Currency trading charts have historically been the foundation of technical analysis for forex traders. Just how essential are they and can you be successful not learning everything about them.

The Forex Trade Online – Clearing Basics

One of the best ways to leverage the scale of global trade and financial transactions worldwide, is to participate as an investor in the forex trade online. We refer to this end the international currency market. The purpose of this article is to convey understanding of some basic concepts related to this important market.

Is it Safe to Trade Forex? – How Volatile Can This Market Be?

The answer is very volatile, but here’s the interesting thing – Trading forex is no riskier than trading anything else, provided you understand the rules of the game. In fact, I am going to go out on a limb and say that I think that trading forex is in fact safer than trading in some other instruments.

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