The Most Common Forex Mistakes – Part 1
The difference between Forex trading and gambling is simply the presence of a credible and sustained strategy. Most Forex traders fail to prevent really basic mistakes and as such are more gamblers than actual investors.
The Most Common Forex Mistakes – Part 3The difference between creating a successful Forex trading portfolio and losing money can be a thin line. Creating a successful account can become a nightmare if fall into the trap of making the most basic of mistakes. In the third part in this series of three articles we highlight some of the most common trading mistakes that are commonly carried outs by traders.
Forex Trading System: Why You Need a Trading PlanEvery successful Forex trader in the world, without fail, has a trading plan. Find out why you need one too!
The Most Common Forex Mistakes – Part 2A little bit of knowledge is a dangerous thing and its no different when it comes to Forex trading. A lot of forex traders end up making basic mistakes that could be avoided. This this the second in a series of three articles we look at some of the most common mistakes that traders continue to make.
The Truth About Retail Forex BrokersIn the industry of speculative trading there are only two types of brokers that are allowed to take part in forex trading. The first one is the market maker who has potentially more power to perform speculative trading compared to the other. The less powerful, and more often exposed to controversy that led to its early sunset, is the retail Forex broker.
Pips Per Day10 pips per day or 20 pips per day, is this a lot or little? It might seem like not a whole lot at all. If you look at Forex market graphs you will see constant movement, and this movement is by far bigger than 10 pips or even 50 pips.
Automatic Forex Trading – Smart And Effective TechnologyForex trading is one of the most lucrative businesses round the world. Today many people decide to trade forex from home, earning some extra money. All you need to trade automatic forex is to have your own computer and internet connection. Forex trading is now available for everyone, not only for big corporations or the elite. No matter if you are rich or poor, forex trading is convenient if you want to earn additional amount of money.
The 10 Commandments of Running a Successful Home Forex Business“Success comes in cans, failure comes in cannot’s.” I came across this quote once and have often quoted it to other people as well as myself as I faced challenges in various areas of my life, whether they were related to my work, home or spiritual life. It is also true that having the correct mind set and attitude is the key attribute to being able to succeed where others have failed. Goals and targets need to be set by anyone who is successful.