Trading the Star Trek Way
Last night I was watching Star Trek and realized that the, timeless, gems of wisdom contained in it could be used by anyone who wanted to become a better trader. I hope these guidelines would be useful for many…
How to Be a Trader Lesson V – Do You Trust Your Broker?Sometimes a forex trading company, even those with a high reputation, rip off their clients. Do you know if yours is trading against you? You need to know if your broker is changing quotes in an irregular way. This is because some firms will make money by running your stops out. This will cause a perfectly good strategy to fail.
Moving AverageA moving average is an indicator that is often used in trading to display the average of the market price over a given period. This indicator is generally good at showing areas of possible support and resistance levels. These indicators are primarily used to determine the direction of the trend and smooth out any noise that is caused by price fluctuations.
Reliable Advice For Making Money With ForexWhen choosing a business strategy to pursue, you’ll have many options to choose from. The currency market is the biggest, most liquid financial market in the world. If you are considering making the plunge into the fast-paced world of Forex trading, see the advice given here.
How to Get the Best Forex Trading EducationLearning to trade should not be a difficult task to accomplish. Here you have some guidelines of what to look for in a good system. Anyone with the right education can make a good living out of the Forex Market.
How to Choose the Best Forex Prediction SoftwareForex prediction software is that which works like a stock ticker but for the currency exchange. It automatically scours the market to look for reliable and high probability trading opportunities in the forex market for you to invest in. Once the program finds what it believes to be a high probability trading opportunity, it notifies you the investors so you can make the corresponding trading moves with all the information which you need to invest efficiently and confidently without emotions playing a role. You can also do all this without needing the time nor experience to devote towards the forex market beyond simply enacting a trade which has been recommended to you.
Top Traded Currencies – Currency Trading Tips and StrategiesThe top most traded pairs are the EUR/USD, GBP/USD and USD/JPY. EUR/USD is the most heavily traded currency pair in the market. As a currency trader what you must do is master trading one or two pairs. For example, you can master trading EUR/USD and GBP/USD. Each currency pair has got its own unique behavior. Mastering a currency pair will help you become familiar with the behavior of that pair at different times of the day as well as different times of the week.
The Best Mindset For Trading ForexToday’s article is going to touch on a subject most traders never even consider working on improving. Ironically this is the very same thing that always with out a doubt stops them from creating consistent profits from the market. I am talking of course about trading psychology and the mistakes traders commonly make.
Is The Free Forex Margin Calculator A Beneficial Website Tool?A margin calculator is used to calculate the margin of a currency pair at a required position. This margin calculator is available in US Dollars, and one can convert the amount according to the required currency. Forex can provide you with a free margin calculator for your website. You can find this free tool on the Forex website. If you are a website developer or an owner of a financial website, you can also get free margin calculator codes to place on your website. All the Forex tools are free of advertisements so you don’t have to worry about unwanted ads on your website.
Forex Market Investor and Boxing ChampionsThere is a lot of resemblance between boxing and trading the forex market. When a boxer sets foot in a ring, even the undefeated champion, he can’t expect to go through the boxing session without receiving a couple of punches back. You should realize that experiencing small losses, while trading in the forex market, is just part of the deal.
How to Be a Trader Lesson I – Technicians Vs FundamentalistsFirst of all I want to make it clear that when I say fundamentalists I am not referring to Bin Laden and company. And the technicians I am talking about would not be able to fix your computer or your TV. Many traders have been asking themselves, for many years now, if technical and fundamental analysis can be combined to make more accurate decisions while trading.
How to Be a Trader Lesson II – The Best Indicator of All TimeRookie and experienced traders are always in the search for the best new trading indicator, Moving Averages, Pivot Points, MACD, or the old H.O.T indicator (that is heads or tails; and it indicates nothing). They are looking for that advantage that will give them an edge over other investors. All your trading decisions should be based on one single, simple, always reliable indicator. An indicator that the most successful traders of all time have used with huge success…
How to Be a Trader Lesson III – How to Find a BrokerTraders should not underestimate the importance of finding a good, reliable broker. Here I offer some basic guidelines, I think; you should consider when you decide where you are going to open your new account.
How to Be a Trader Lesson IV – Over-Trading the Root of All EvilPeople get involved in the Forex Market for different reasons. Many traders, like me, trade for profit. But there are others that just love the thrill of the game. Over-trading is one of the main reasons most accounts get wiped out.
Introduction to the Foreign Exchange Market for BeginnersUnderstanding the basics of a foreign exchange market and knowing what it is, what happens, and what one does in this market can get very complicated and confusing, especially for beginners. Here is a simpler, easier guide to the foreign exchange market, created and written just for beginners, especially those who are new to the financial world. The foreign exchange market (usually referred to as the forex, FX or currency market) is a global financial market where a currency is traded for another.
