Forex Market Myths IX – Day Trading Is Profitable
Day trading can be very profitable for many; it’s profitable for your broker, for companies that sell signals, and for some system sellers. If you are an individual investor, just like me, day trading will make you lose money.
Forex Market Myths VI – Complex Systems Are BetterMany forex market gurus want you to think that trading is a complicated task. The truth is it’s not. You only need a good mechanical system, sound money management rules and, most importantly, self-discipline.
A Managed Forex Account Can Double Your Money Every YearA managed forex account can easily double your investment every year. Discover the main arguments for putting your money into this type of investment vehicle.
How to Profit From Forex? It Demands An Understanding of FundamentalsThere are many facets for how to profit from forex. Before learning them, a trader has to understand the basics) of foreign exchange trading. (Failure to do that can lead to significant losses and foreign exchange, one can trade in two different unit sizes or lot sizes.
New Zealand Exchange Rate: InsightsNew Zealand is an essential gold producer in the world, and its economy is tightened to other raw materials which means a country completely dependent on international trade. That is why the New Zealand dollar is known as a commodity currency…
Why Currencies Change Values in the Forex MarketThe foreign exchange market is much like any other financial market – it circulates around swapping one thing for something worth more. In the Forex market you are swapping the currency of one country for the currency of another. The values of these currencies change routinely in very short time frames, but why?
3 Reasons Why Anybody Can Learn to Trade ForexYou have undoubtedly read all over the internet that all new traders fail to make money in Forex, 95% of traders blow up their accounts, it’s all doom and gloom, only the big fat bankers can do it etc. The truth that anybody can learn Forex trading still stands, whether they are successful is up to them and the Forex trading training they receive. Below are 3 reasons why anybody can learn Forex trading, but also what the problems are:
The Frames of Mind You Need to Master When Trading ForexThroughout your trading career you are going to be subject to 4 main emotions. It does not matter if you are a 20 year veteran or a new trader on a demo account. As a human being, you will experience these emotions when you learn Forex trading and your success in will depend in your understanding of how you react to them.