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How to Be a Trader Lesson X – How to Make Real Money on a Demo Account

Demo trading is a huge advantage when you are just starting. Believe it or not you can make real money on a demo account. The first real account I had was funded with money made on a demo account. Imagine being able to learn to trade the forex market with virtual money and at the same profit for real! Isn’t it beautiful?

An Overview of Forex Trading, Market Hours, Rates, Liquidity and Spread

Since Forex market is open for 24 hours, investors can make the transactions any time they want. In the forex market, investors can take good positions responding quickly to the changing economic conditions.

Understanding Stop Loss Orders And Why Forex Traders Should Make Use of Them

Understanding stop loss orders requires understanding exactly what a stop order is. In short, a stop order is an order you place with your broker telling him to buy or sell a commodity, stock, spread or currency pair once the price has reached a certain level. A stop order can be placed above the current price if you are looking to buy or below the current price if you are looking to sell. A stop order is usually placed to close a position and is often thought of as a stop loss order. In this article, we will clarify this rough definition of a stop order and explain why it is important to use stop orders when trading the Forex markets.

How to Be a Trader Lesson IX – The Art of The War

I wonder if when Sun-Tzu wrote “The Art of The War”, more than 2000 years ago he thought of the advantage it could represent for Forex Market traders in the far away future. In my own humble opinion Sun-Tzu would be one of the best traders of all time, if he was alive.

Having Difficulty With Forex Trading? Advice That Will Level The Playing Field

Forex is a market in which traders get to exchange one country’s currency for another. As an example, an American trader previously bought Japanese yen, but now feels that the yen will become weaker than the dollar. If this is a good investment, this trader will be able to sell the yen for a profit later.

An Introduction To Forex Trading, And What You Need To Know

What is Forex? You have heard that there is a lot of money to be made from Forex trading but don’t know where to start or even what the basic terms mean. Read this introduction to Forex Trading to learn the basics.

Forex Market Workshop Lesson II – Finding a Trading System

The first step to become a successful Forex trader is to find a good system. You need to look for a strategy that fits your trader personality. Although different trader types means different trading approaches there are some basics that apply for everyone, and you should take into consideration when selecting your Forex system.

Forex Market Myths III – The Forex Market Is a Rip-Off

Many people think that the Forex Market is a scam; or some kind of ponzi scheme. Well… it’s not. I have been able to profit from the forex market in a consistent way. Sure I have had some drawdowns, from time to time, but I have always been able to recover from them. I want you to analyze some ideas first; before you rush into harsh conclusions.