What Is Successful Forex Trading?
In every aspect of life, mankind sets out to overcome one challenge after another on the way to ultimate victory. This ultimate victory is referred to as success. One way to measure success is by looking retrospectively over the road already traveled to see whether, or how many of, your challenges have been overcome or, alternatively, goals reached. This article suggests guidelines for personalizing your journey to success in the foreign exchange (FOREX) market.
U.S. Dollar Shrinks – Top Three ReasonsAs we watch the recent developments in the foreign exchange (FOREX) market, you will notice in particular, that the Canadian dollar continues to trounce the U.S. dollar. For most of the last thirty years, the reverse was true. Less than 10 years since its birth, the Euro also has overtaken the U.S. dollar in unit value. Let us explore the three major reasons underlying these facts.
How to Pick the Right Forex Trading BrokerPicking the right forex trading broker can be a tedious exercise for most traders. There are more than a hundred online brokers today and more are coming on board. Since the foreign exchange market is worth trillions of dollars, it offers lucrative opportunities for brokers to set up their firm online. The challenge is with too many choices, it is hard to decide which is best for you. This piece of information would provide you with the necessary tips to pick an ideal forex trading broker.
Forex Expert Advisors – Living Up To The Hype?As the Forex market gets more and more attention with the deficit of the dollar looming, so are the Expert Advisors that drive the more powerful players of the Forex game. Why do 90% of forex traders lose? Traders are humans and like all humans, we suffer from greed. Like all humans, in crucial moments (or market conditions) we lack confidence, we have fear of what might happen and most importantly, we are usually (90% of the time) – inconsistent.
How Physics Can Make You A Lot Of Money In Forex TradingPhysics. That haunt of the nerd and the may be occasional weirdo? Well, have I got news for you! If you are a trader, physics could make you a lot of money and you do not have to study black holes and string theory to reach your goal.
Recognizing Good Opportunity and Seizing ItRecognizing a good opportunity and seizing it but keeping the odds in your favour. Time may be right to buy property in USA and sell in Britain. Sell high in England buy low in USA. With rates still at over two dollars to the pound this looks attractive to the Brits. One day the market could turn the other way round giving fantastic opportunity to make huge profit.
What The Forex Market Is All AboutIn any business or moneymaking venture, preparation and foreknowledge are the keys to success. Without this sort of insight, the attempt to make a profitable financial decision can only end in disaster and failure.
Online Investing & Forex TradingOnline trading has caused a major paradigm shift in investing. On-line trading will revolutionize the currency markets by making it accessible to the small and medium sized investor.
Forex Day Trading Profits – Who Makes Them and Could You?If you are considering forex day trading than this article is for you. On the net you will see more products and forex trading systems sold in day trading than for any form of trading and this article will give you the facts on forex day trading.
Forex Brokers – A Better Alternative Than Demo Accounts For Serious TradersA demo account is great for learning the basics of currency trading but doesn’t help traders trade better – Why? Because money isn’t on the line and emotion is absent.
Currency Trading and The Forex Capital Markets“I’d be a bum on the street with a tin cup if the markets were always efficient. Warren Buffet, regarding the Efficient Market Hypothesis. It is possible to exploit the inefficiencies of the Forex capital markets and devise profitable currency trading strategies