Day Trading for a Living
We’ve all heard of the benefits of forex trading: flexible schedule, no rent, no staff, no inventory, no sales, no marketing, no complicated accounting, liquidity, just a few tools and can be done from...
View ArticleHow to Deal with Trading Loss
To win, you’ve got to lose. That may not sound like something Vince Lombardi would have recommended, but it is the reality. The legendary coach of the American football team the Green Bay Packers, was...
View ArticleForex Money Management
A forex trader does not manage money, he manages risk. So saith many of the experts. From their perspective, the essence of trading is the ability to assess risk and address it correctly. The trader...
View ArticleForex: Timing is Everything
Although the currency markets are open 24 hours a day, 5 days per week (Monday through Friday) certain times can be better to trade than others. Depending on your trading style, it’s possible to match...
View ArticleForex: Tops and Bottoms
Almost every trader has been told that no one can pick tops and bottoms, and we shouldn’t even try. We are advised that it is very risky, and there isn’t a system that will work with any accuracy or...
View ArticleThe Top Habits of Successful Traders
Best advice a friend once gave me was to keep trading. At some point, I would figure it out. My friend-a trader whom works for a large financial institution based in London-said the biggest challenge...
View ArticleRange Trading
How familiar is this scenario: you sit in front of your computer for hours waiting for currency pairs you’re tracking, to make a move. Economic news is announced, but the pair(s) barely budge, or when...
View ArticleRise of the Machines: Forex Algorithms
The movie “The Terminator,” paints a bleak picture of a future where machines are in control and humans are hunted. Welcome to the future. The machines are already here-faster, larger (they are...
View ArticleSlippage in Forex Trading
One of the most awful feelings a trader experiences, is watching a profitable trade turn into a loss. This can occur due to slippage. Practically all traders have experienced it at one time or another....
View ArticleSocial Trading and It’s Global Impact
Legendary investor and statesman, Bernard Baruch once said, “The main purpose of the stock market is to make fools of as many men as possible.” As a speculator in commodities markets, Baruch had made a...
View Article
