Category: Forex Trading

“I’ll just hold on to this losing trade, it will start going my way soon, just one more trade and I’m out.” Does this sound familiar, it’s something most traders find themselves saying more than they should. This is a problem – over trading. Over trading is a problem for inexperienced traders and experienced as well. …

Golden rules are quite special rules that you should always keep in mind and never forget. They’re extremely important and useful guideposts to help you keep on the right track and going in the right direction. Listed Below Are My 5 Best Golden Rules to Forex Investing Golden Rule # 1, Always trade with a plan. …

For many different reasons, lots of traders never plan their exit strategy. Do you know where are you going to close your position if you win? And if you lose? You should know this before you even consider taking a position in the market. Having a good exit plan can be the difference between profit or …

If you are just getting started in Forex trading or if you are a struggling trader who has been around a while, it will do you a world of good to simplify your trading strategy. Trading the market is not really a difficult task in and of itself. What is difficult is managing your emotions and …

Forex or Foreign Exchange is simply a global market that deals with the exchange of various foreign currencies between major International Banks. Therefore, it is also sometimes referred to as the Interbank Market because the main participants in foreign exchange are banks all over the world. Nevertheless, most forex traders know it to be a very …

If you are thinking of taking a gamble on purchasing your first forex robot, you must consider several factors before you throw away your hard earned money. Forex robot is build for a specific trading tasks and knowing what it can perform for you is the most logical question that should be answered logically, too. If …

Forex trading is highly reliant on a number of modernized mechanisms. Several innovations such as strategic technological developments powered by sophisticated forex software and useful techniques on how to survive the forex trading market have been developed. Despite of those developments, some people still fail to grasp the concept of forex trading, as reflected by their …

Forex trading systems are often referred to as mechanical trading systems. They are referred to as such because they carry out their task in much the same way as any other machine designed to perform a particular set of tasks. The system is basically receive input in the form of Forex market data and use that …

Forex trading can be difficult enough without getting started on the wrong foot. What follows are some tips that will help put you ahead of the game in Forex trading. Have A Plan Amazingly I already know ahead of time that reading the words “have a plan” will turn off a great number of would-be profitable …

Every beginning trader wants to know how to trade Forex successfully. We are all concerned with how to enter and exit trades at a profit while controlling our risk. One of the very first things that we have to keep in mind is that risk in Forex trading is very real. Proper risk control is one …