Journey, Illusions And Discoveries As A Forex Trader This is daunting to begin with ... but every journey begins with a single step so here goes. I actually started with some options trading seminar way back in January 2005 and learnt the basics of charting there. This was then followed by some weeks of paper trading. Inconsistent paper trading though ... did not do it every week.By the time I got to May I had somehow chanced and learnt about Forex...... Similar Editorial : Frodos Journey by Dr. Rachna D. Jain. | Source : Forex Trading Sites
The M.r.s Trader - The Essentials Of Successful Forex Trading I've often wondered long and hard what it took to succeed when I first started out and had only a few clues as to how. I didn't quite understand then what the professionals meant when they said a successful trader has to have a certain psychology, rules on risk management and also knows their how-what-when-why-where concepts on entering and exiting a trade.And it so happened that after trading for...... Source : Forex Trading Sites
How I Got Started In Forex Trading I remember it wasn't too long ago in the month of January 2005 that I went for a course to pick up options trading. Following the course, I paper or demo traded options for quite a few months. Was profitable overall but somehow or rather, I was led into the world of forex trading within a few months of my options trading course.Within a very short time, I fell in love with the forex market because...... Similar Editorial : Forex Trading Course by greenty2. | Source : Forex Trading Sites
11 Common Mistakes Of Forex Traders Over the course of my forex trading career and coaching, I've noticed that there are many mistakes and blunders that both beginner traders and advanced traders would commit. Out of these many possible mistakes, I'm going to be discussing a little about 11 of them.#1 - Trading on other people's tips/advice/opinionsListen! You never ever learn to trade if you always make trades based on what other...... Similar Editorial : 8 Common Marketing Mistakes by Charlie Cook. | Source : Forex Trading Sites
Keeping A Forex Trading Journal If you are serious about trading successfully, you need to be keeping a forex trading journal. I remember a long time ago when I first got started trading, I was just doing so so until the day when I decided to start keeping a trade journal. Your trading will see drastic improvements pretty quickly when you start keeping a journal because keeping a trade journal sends signals to your entire being...... Similar Editorial : Forex Trading Course by greenty2. | Source : Forex Trading Sites
5 Powerful Tips For Forex Trading I'll like to share with you 6 powerful tips for forex trading with you today ... These are tips that I've gathered from my months and years of forex trading so don't look down on them. Are you ready to receive them? Ok, let's go ...#1 - Intentionality of Trading Ok, the first one here isn't too much about forex trading as it is about trading in general. Have you ever asked yourself why you want to...... Similar Editorial : Forex Trading Tips by Monica Hendrix. | Source : Forex Trading Sites
5 Intermediate Keys For Forex Success If you have not read my 5 powerful tips for forex trading article yet, be sure to do so. Today, I'll like to share with you 5 intermediate keys for forex success. These are information that people would easily pay hundreds of dollars to get so count yourself lucky for getting them free. #1 - Great exits are more important than good entriesJust remember, most traders are always focused on getting...... Similar Editorial : 12 KEYS TO SUCCESS by Shawn Lim. | Source : Forex Trading Sites
5 Forex Pointers A Forex Trader Can Use Today I'll like to talk and give you 5 forex pointers that you can really use (assuming you don't know them yet). Ok, if you've brought on the popcorn, I'll start the show.#1 - Forex has a volatile nature and you must cater for thatWe all know that the forex market is the most volatile and active out of all the trading markets in the world, be it futures, equities, etc. With that said, you need to...... Similar Editorial : Professional Forex Trader by Monica Hendrix. | Source : Forex Trading Sites
6 Forex Observations Everyone Should Know I'll like to spend the next 10 minutes or so with you explaining 6 forex observations I've gathered from the time I've been trading the currency or forex market. #1 - Expect pullbacks only 50% of the time on Friday closes (late U.S session) ... these pullbacks typically produce 24~39 pips.Pretty self explanatory I hope ... Yep, basically you can expect pullbacks only 50% of the time. Whenever the...... Similar Editorial : Forex and Forex Brokering by . | Source : Forex Trading Sites
Forex Trading - Should I Use Stop Losses? This little article is addressed for those who don't like using stop losses in their trading (especially with forex trading). But read on anyway even if you've been faithfully using stops. It will be good ... trust me.In all my time of trading, I can safely tell you one thing. And that is the biggest and worst losses I've ever experienced all came not from bad setups or reading the charts wrongly....... Similar Editorial : Forex Trading Course by greenty2. | Source : Forex Trading Sites
Forex Money Management - How Do I Go About It? If you've read my earlier articles, you'll know that I consistently stress on the importance of money management because good techniques and setups alone won't save you from bad money management. So it only makes sense to know what good money management is. Fair enough?Ok, let's move on to the good stuff.Money management with regards to trading is pretty broad and can cover several topics. I'm...... Similar Editorial : Forex Risk Management by angelheld. | Source : Forex Trading Sites
Trading Forex Analysis Paralysis - How To Deal With It? I'm not sure if you've ever heard of the term analysis paralysis or paralysis by analysis but basically what that means is one gets locked up not knowing what to do next because he or she has over-"thinked" it or overthought it. Does that make sense?It's a bit like this...You like this girl and you want to go up to her and tell her that you like her but because your mind is overthinking with...... Similar Editorial : FOREX Fundamental Analysis by harwich. | Source : Forex Trading Sites
Automated Forex Trading - A Dream Or A Reality? It never ceases to amaze me how many automated forex trading systems seem to pop up every single week. It just seems that many new traders these days are looking for magical automated forex software to do all the analysis for them and make money so that they can live in the Bahamas and what not.Hey, don't get me wrong here ok? I'm not saying that it's impossible. I'm just saying what I'm saying...... Similar Editorial : Forex Trading Course by greenty2. | Source : Forex Trading Sites
Discretionary Forex Trading - Is It For Me? Discretionary trading is very exciting if you ask me. Because the market is dynamic and never will you find the same market action two days running, so is the daily study on the market action and that's where discretionary trading comes in.On the opposite side of discretionary trading, you'll find mechanical trading but this is outside the scope of this article so we won't be dealing with it for...... Similar Editorial : Forex Trading Course by greenty2. | Source : Forex Trading Sites
Forex Mechanical System Trading - Is It For You? Before I proceed to share with you my views and pointers about Forex mechanical system trading, I would assume you know the differences between discretionary and mechanical trading. If not, I would suggest taking some time understanding the key differences between them before reading this again.Ok... if you're still here, let's move onThese days I notice more traders flocking over to the...... Similar Editorial : The Forex Trading System by hunter. | Source : Learn Trade Forex
