Forex Traders – 3 Reasons Novice Traders Can NEVER Run Profits and Lose
The old saying goes “Run your profits to cover your inevitable losses” most forex traders simply never do this, for 3 main reasons. They could but they don’t because they make fatal errors which means they lose all their money. Let’s look at the reasons.What Exchange Rates Exactly Are
You might have come across foreign exchange market – forex, FX, exchange rates, but still some points will not be cleared. Following are some details that will prove helpful for you to understand the confusing and complex terminology. It is very important to know about exchange rate before going any further. In simple terms exchange rate is the price of one currency in terms of another currency. The exchange rate is the actual cost of the currency identical to any good or service bearing its individual price.Transferring Money Abroad – Banks are Expensive
If you are changing currency and sending it abroad, your bank may be charging you 10% or more. This is partly in direct fees and partly through a poor exchange rate. Here is how to reduce the fees from about 10% to about 1%.Shoebox FOREX – The Iraqi Dinar and Vietnam Dong
Some people aren’t using leverage in their desire to make big gains in the FOREX market. In fact they aren’t even using the internet or a computer. A simple shoebox under the bed will suffice…Basic Forex Trading – What Are Pips?
If you’re a forex trader, everything is usually about pips. For example, you might say, “I’m up 35 pips for the day,” or, “I made 127 pips on my last trade.” Although this sounds like a lot of fun, it would probably be helpful to explain what a pip actually is. Read this article to learn about pips.Forex Trading – If 95% Of Traders Lose Then To Win You Need To Do This
Do the opposite of what they do! This may sound obvious but most traders like to follow accepted market wisdom and trade in the direction of the crowd. If you want to win at forex trading you need to step away from the crowd – and that’s what this article is all about.Futures Trading – Common Order Types
This article discusses the basic order types used by day traders; Market, Limit and Stop orders.Forex Trading Tips – 2 Simple Tips To Target Bigger Gains Instantly
Enclosed we are going to give you a simple tip that many forex traders ignore in their pursuit of profits but if you learn it, you will increase your profit potential and enjoy greater currency trading success. If you want bigger forex profits now then read on.Forex Trading Systems – Simple Tips For Choosing The Best Ones
There are plenty of forex trading systems to choose from – the problem is over 95% will lose you money. The good news is: If you use the following simple tips, you will be able to find the ones that are likely to make you big consistent profits.Pivot Point To Forex Trading Success With A Simple 3 Day Roll Strategy
Learning the proper use of pivot points can point you in the direction of some huge profits forex trading. Read this article and watch me walk you through a 60+ pip plus trade in one day.Forex Trading Course – Introduction to Online Forex Trading
Forex is an abbreviated name for “foreign exchange.” The Forex trading market is an around-the-clock cash market where the currencies of nations are bought and sold, typically via brokers. For example, you buy Euros, paying with U.S. Dollars, or you sell Canadian Dollars for Japanese Yen. The purpose of this article is to give you an introduction to Forex trading.Trading Forex – Trading Around Data Releases
Everybody knows that markets can move substantially upon economic data release. But is it a good time to trade?