How to Trade: Why a Hunger to Win Could Actually Stop You from Making Money
Every trader wants to learn how to trade more profitably. But could our very desire for winning be the biggest obstacle to us making money? One thing that I thought would be interesting to share with you is a recent study I read on the behaviour of experienced vs inexperienced traders, particularly in relation to what they focus on.
The Most Important Trading Tool for Making Money in the Financial MarketI can’t stress how important it is to keep a firm hand on the reins when trading – far too many people jump head-first into the markets, and blow their capital in the process. You have trading tools at your disposal – and they’re there to be used.
A Review of One of the Best Forex Trading Signals ProvidersBecoming a member of a Forex trading signal service provider can be a valuable tool, especially for a beginner in the currency trading market. But before you make that decision, it is important for you to search for the best provider of this service. Integrity, professionalism, transparency, reputation and proven track record should be the important criteria in your selection process.
Improve the Performance of Your Trading System in 4 Easy StepsIn this article I’m going to look at the ways in which you can adjust your strategies to improve the performance of your trading system – how to do it, how not to do it, and how we can ensure that it works when we do. How to improve the performance of your trading system. How to win more often.
The Online Forex Platform and OCOsWhen you are using an online forex platform, there will be a requirement for you to identify the relevant OCOs. These are the one cancels the others orders which help with trailing stops. The glossary may not make reference to them but you need to ensure that you are aware of your position and the risks of moving in either direction or else you may incur losses.
The Seven Most Common Errors Forex Traders Fall IntoWhen the majority of us trade the market with real money early on we are overcome by our own greed, and the urge to make money fast causes us to forget what we fundamentally learned about. By understanding the most common errors that befall most rookie traders we can improve our chances of having a lasting career.
The Forex Trading Strategy to Avoid MistakesDo you have a forex trading strategy that you stick to religiously? What’s your biggest trading mistake? Do you have one trap that you fall into again and again? Mine is knowing when to stop. I love making money from my trading, but even more, I just love trading. I suspect, as you’re reading this, you do too. So, how do we know when to stop? We need to apply some discipline.
Forex Scalping Indicators MT4The Forex Scalping Indicators MT4 is particularly intended to help analyze short-term price fluctuations. It is one of the most extensively used by many active traders in the market for the MetaTrader platform.