Training vs. Education – Taking the right approach to learning forex is key to your success.
WORKING TOGETHER WE ACCOMPLISH MORE I know some of you may have some questions as to why/how I am able to get such great rebates and sign on bonuses for our traders opening trading accounts. So I thought I would explain how the forex world goes around real quickly here. INTRODUCING… THE REFERRING AGENT First,…
Trend analysis is an indispensable function of the successful Forex trader. Just like a good mechanic or carpenter, having the right tools in your toolbox will make all the difference in your ability to break down trends and trade in the direction of established trends. Following are some essential Forex trend analysis tools to include…
A trader with a mediocre system and great money management skills will fare better than a trader who has a great system but no handle on his money.
Emotional forex traders will be tempted to chase bad money with good, and subject themselves to even greater losses.
Trading on the Foreign Exchange Market is a rewarding, yet challenging endeavor. A trader can never be too informed or have too many useful insights. Successful traders are always learning and growing.
In the Foreign Exchange Market, there are no absolute guarantees, but learning to trade Live-on-the-News (LOTN) is as close to a sure thing as you will find. This kind of Forex trading makes the most of the fundamental elements of the market.
The methodology for predicting and trading these trends is simple and straightforward: monitor the economic calendar and trade the news.
Forex Trading: Caution is a Good Thing Many people have faired poorly trading in the Foreign Exchange Market. Some of them, however, have managed to make money another way. They simply developed a dubious “formula for success” and sold it to others. Consequently, traders have become wary of so-called experts promising the moon. Caution is…
Perhaps his influence is most felt today on the Foreign Exchange Market, where many traders use a methodology based on his ratios to determine when to enter and exit a trade.