Forex Trading has long been touted as a method to financial freedom. Is Forex trading as difficult to become involved in as some might have you believe? Find out how and why you can become wealthy from trading Forex. For those of you not familiar with Forex Trading the goal is to profit by moving … Read more
If you are considering currency trading in the Forex market, or you are already involved in Forex currency trading, here’s a money-making lesson that we can borrow from investors who use technical analysis to help them make investment decisions in the stock market. The goal of performing technical analysis when currency trading is to predict … Read more
Back in the days when kings thought they had a divine right to rule, they often wanted more money than their parliaments granted them. But most parliamentary bodies didn’t consist of fools; they certainly knew better than to leave the powerful tool of taxation solely in the king’s hands. Without being able to tax to … Read more
Forex, the Foreign Exchange Market, is a worldwide market for buying and selling foreign currencies. The major currencies that are traded include the U.S. Dollar (USD), Euro (EUR), British Pound (GBP), Canadian Dollar (CAD), Australian Dollar (AUD), Japanese Yen (JPY), and the Swiss Franc (CHF). The purpose of this article is not to go into … Read more
When it comes to investing on the Forex, there are two basic paths you can choose: Fundamental or Technical. Fundamental investors look at changing interest rates, GDP figures, and other economic indicators to help them anticipate fluctuations in the exchange rates of currency pairs. Technical traders, on the other hand, look for trends in the … Read more
The forex market is all about trading between countries, the currencies of those countries and the timing of investing in certain currencies. The FX market is trading between counties, usually completed with a broker or a financial company. Many people are involved in forex trading, which is similar to stock market trading, but FX trading … Read more
Online trading is great way for serious investors to make money, but inexperienced traders often wind up with big losses. A good set of instructions can minimize the risks and save months of expensive trial-and-error learning. Day Trading Day Trading had its heyday during the bull market of the 1990’s. All the amateurs have since … Read more
The Forex (Foreign Exchange Market) exists because multi-national corporations and nations need to buy and sell goods/services from outside sources. To do that, they need to exchange their home currency with that of other nations. As you know, not all currencies have the same buying power so nations, banks, and corporations exchange their money with … Read more
Ideally, you buy stock or currencies at its lowest price and sell at its highest. Practically speaking, you do the best you can between these unpredictable extremes. For, as you will see, the low does not become apparent until your stock begins to rise above it, the high is not established until your stock begins … Read more
When it comes to trading on the Forex market, winning is a matter of the mind rather than mind over matter. Any trader who’s been in the game for any length of time will tell you that psychology has a lot to do with both your own performance on the trading floor and with the … Read more
The forex market is a great place for individual investors, large and small, to engage in thrilling, fast-paced and potentially profitable trades. But you can’t participate in forex currency trading if you don’t first have a forex brokerage account. While most stock-market brokerages allow you to also trade bonds, mutual funds, and other financial instruments, … Read more
Buying on margin is almost a necessity in the Forex (Foreign Exchange market) because the standard transaction is $100,000 and known as a “lot”. Lots have to be that big on the Forex because of the sheer volume of money changing hands—nearly $1.8 trillion dollars every day (and the market is open 24 hours per … Read more
In Forex trading there is something called, a Mini Account, and it uses a different leverage calculation than a regular (100k) account. This is, instead of trading full-size currency lots (100,000 units), you’ll trade in lots that are just 1/10 the size (10,000 currency units), which in turn greatly reduces your risk. Pips in a … Read more
Nowadays many people around the world is looking for entering the world of Forex trading due to its very high profitability potential and many other advantages the Forex market has over other capital markets. But one of the main worries of the new trader is if he will need lots of money in order to … Read more
During the last decade, Forex trading has become one of the most attractive business opportunities to ever hit people’s interest around the world. Every day people from many walks in life is actively considering entering the profitable world of the currency markets due to its accessibility and trading characteristics. One of the first things you … Read more
This article will explain some of the differences between Technical Analysis and Fundamentals and explain a bit about each type of trading. Excerpts are taken from the best-selling book ‘Market Wizards’ where Jack Schwager interviews Ed Seykota and Bruce Kovner. Ed is a trend trader (uses technical analysis) and also relies on hunches from 20 … Read more
This is a series of articles about The Foreign Exchange Market. You will learn here what Forex is , how it works and how profitable it can be. The whole series contain the following articles . . . 1. What is Forex 2. Technical analysis 3. Fundamental analysis 4. Money management 5. Compound interest Compound … Read more
Recently, the breakdown of the “yen carry trade” has graced the front page of major financial newspapers and business magazines. But what is a “carry trade” and how does it affect the forex? More importantly, how can you, as an individual investor, profit from carry trades? This article endeavors to provide the answers. What is … Read more
How does a trader test his/her strategies and abilities without paying (or paying too much) for his/her mistakes ? I would say there are three possible answers. One first answer, of course, is by paper trading. Paper trading means that you do not actually execute your orders, but you only “bookkeep” them, testing on paper … Read more
Making money with Forex but more important is the ability to make wealth. Check out these three inside strategies to make money with Forex Trading. There are plenty of strategies for working Forex but inside strategies are always the best. These three inside strategies to make money with Forex Trading will certainly have you on … Read more