Forex Trading Help for Newbies
Forex trading is becoming one of the latest crazes for online business. It can be very rewarding, provided you follow a plan. The number of people who jump in and start trading without a plan fail at a rate of about 90%.
A Tax on Certain Financial and Currency Transactions?About 15 years ago, I wrote an interesting essay about the challenges we had where people were shorting US dollars on international currency exchanges, and making a ton of money. In fact some of the people we know quite well were highly leveraged in this game, and made billions of dollars, and occasionally they got their rear-ends handed back to them. One might ask why someone should be allowed to play currency markets, even to the point of manipulating them, just so they can scrape off a portion of the proceeds each time.
Forex Demo Accounts Should Only Be For The Short TermI was no different than anybody else when I first started trading the forex market. I used a demo account. It’s only natural that you walk before you can run.
Don’t Be Emotional In Forex TradingDo you know that you can tell instantly who will make money and who will lose money in the forex market? It’s real simple…
Technical Analysis in Binary Options TradingAnyone who has practical experience of trading forex will probably be accustomed to the notion of using support and resistance to assist them in their daily trading decisions. Technical analysis can be used in binary options in order to identify the price movements as a means of analyzing the future direction of the prices.
Trading Touch Options and Boundary OptionsYou want to know how to trade Touch options and Boundary options? Learn more about these two types of options and how to trade them correctly!
Using Facebook, Twitter and LinkedIn With Forex TradingYou think forex trading is a mystical closed group only for the initiates? You couldn’t be further away from the truth. In today’s times, you cannot talk anymore about financial investments as a business only for “the chosen ones”. The Internet and technology development have changed the financial world radically and retail trading is starting to become quite an important part of the forex market. And social networks adopted it quite fast and opened the door for a different type of investor: the traders without so much financially education.
What Trading Support And Resistance Really MeanIf you have scoured many Forex trading forums, then you’ve probably heard many traders mention the words “support” and “resistance”. I for one, am a big believer in trading with support and resistance. The problem is that when many traders (not all) mention these words, they don’t know what this actually means.