Many traders get stuck in the trap of trading the news by over analyzing every single economic report that comes out and trying to guess what the market will do in response to it. It is very easy to develop this bad habit if you do not have a clear understanding of why trading the [...]
Tag Archives: forex trader
Day Trading Forex Market Behaviour
January 24, 2011
Technology advances like the internet have spawned a new craze, where anyone with a secure internet connection prepared to undertake a small amount of training can engage in trading foreign exchange on the forex market. Just as a day trader will closely track stock price movements on the Dow Jones Industrial Average, all over the [...]
Your FOREX Trading Philosophy
January 21, 2011
“Easy money” is the allure that captivates many beginning Forex traders. Forex websites offer “risk-free” trading, “high returns”, “low investment.” These claims have a grain of truth in them, but the reality of Forex is a bit more complex. Mistakes Of The Beginning Trader There are 2 common mistakes that many beginner traders make: trading [...]
Forex and Some Important Facts about Bollinger Bands
January 21, 2011
Forex trading is nowadays one of the most looked after occupation for many persons of all ages around the world. This is due to its great advantages over other capital markets and its high profitability potential; among these advantages you will find that is extremely easy to access a trading platform from the best forex [...]
World Events and Wise Forex Trading
January 12, 2011
Forex trading has the great potential of becoming a profitable and fulfilling career that will let you have a lifestyle that few other lucrative activities in the world can offer to people from many roads in life and without asking any of those men and women for a diploma or some special certification. But Forex [...]
Forex Market Trading Hazards
December 23, 2010
Forex Market Trading Hazards There are certain mistakes that can keep traders from achieving their investment goals. The following are some of the common pitfalls that can plague forex traders: 1.Not Maintaining Trading Discipline The largest mistake any trader can make is to let emotions control trading decisions. Becoming a successful forex trader means achieving [...]
Currency Nicknames – Popular Or Geeky
November 9, 2010
Currencies are like a bunch of kids in high school, fighting for popularity. Some currencies are geeky and some are perfect candidates for prom king and queen! Each and every currency has a nickname and unlike high school kids none of the currencies get “offended” when you use its nickname! Why a forex trader needs [...]
How to Become a Successful Forex Currency Trader
November 9, 2010
If you want to learn how to become a successful Forex trader you need to understand the key points in this article and if you do, you can enter the elite group of traders who make big long term gains. Let’s take a look at the points and see how they can get you on [...]
5 Ways To Avoid Unrealistic Forex Trading Goals
September 26, 2010
One of the main areas that Forex traders fail is in the creation of realistic goals and expectations. More often than not retail traders are lured into trading by promises of huge returns with minimal capital risk. Unfortunately as many of these individuals will soon come to realize, trading is a very difficult business and [...]











February 6, 2011
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