Paper Trading – Is It A Worthwhile Exercise?
Paper trading is where you make dummy trades with no real capital being used, and is where most traders start their trading career. It allows you to make decisions and trade accordingly, on paper only, so you can freely try out different techniques and learn how the markets move. Ultimately though, is paper trading really a worthwhile exercise?
Why Did I Do That? Uh, I Don’t KnowFor some reason, there are times when all logic goes out the window when it comes to trading, but only if you allow it to. Keeping your emotions in check is one of several crucial components to successful trading. Other crucial components include creating a trading plan and developing a trading strategy. The most crucial component, though, might be having the discipline and focus to follow the plan as well as the control and calm to not only apply the strategy but to stick to it.
Online FOREX Brokers – View from a Broker on Trading Personalities and SuccessIn my last article I reflected on the thousands of traders who I have traded and what were the major errors that caused well over 95% to lose. Here we will look at trading personalities and how your underlying nature affects your potential to make profits. Let’s look at some different types of traders that lose.
FOREX Options – Solve a Major Problem For Novice FOREX TradersA major problem that all FOREX traders face and novice traders in particular is – dealing with short term volatility, which stops them out to soon.
So You Want To Learn Forex Trading?Learn about black box forex trading and get the advantage.
Online FOREX Brokers – A Brokers View Of Why Novice Clients LoseI write frequently on how to trade but my observations on the markets here I will go back to may days as a broker and give you the view from the dealing room on client behavior and the major reasons traders lost. I dealt with several thousand traders over 8 years and here are my observations.
Learn Different Forex Trading Strategies To Earn More Profit and Minimize Loses In Forex MarketForex trading strategies may seem easy and manageable. But the emotional stress, the demands and challenges of being a forex trader requires more than just the knowledge of the market. It requires more than just a keen and sensible head for business. It’s all about a game plan, a strategy. Here are few forex trading strategies on how to make it big in the forex market.
Online Forex Trading – Treading a Cautious StepA word of caution here may not be out of place. Online forex trading is being promoted as a get rich quick scheme that can be mastered overnight. Contrarily, however, most traders lose out. So before taking the dip, you must carefully study what online Forex trading is. Making money through online forex trading is pretty challenging but not impossible. So, gather as much information regarding it before you take the plunge.
Trend Following – A Simple Method For Catching The Big MovesWe all want to capture the big forex trends that yield the big profits. It’s great to be in at the start and hold them for weeks and even months, but how do you do it? Here is a simple method to help you.
Swing Trading – A Profit Opportunity Shaping Up Right NowIf you are a regular reader of our articles, you will know that we like to demonstrate our theory with some live examples, so you can see the theory in a real market situation. We did 3 live examples recently. We had a great profits in the yen and pound and a loss in the euro but a good profit overall – Now let’s look at another example.
Forex Charting in Stock Market ExchangeForex charting is popular. These charts provide investors with readings from the stock market progresses. Investors’ odds in stocks improve, since the readings show them the changes in the high/low. The investors use these results to know when the best time is to bet/ask, trade/sell, etc.