Traders are humans and like all humans, we suffer from greed. Like all humans, in crucial moments (or market conditions) we lack confidence, we have fear of what might happen and most importantly, we are usually (90% of the time) – inconsistent.
Taking this into consideration, 90% of traders WILL LOSE MONEY IN FOREX. They will [...]
Forex is a news-driven market. Local, regional or world events can cause sudden spikes and falls to occur in seconds. Depending upon the significance of the news, and how closely it is related to a particular currency, an amazing amount of trading can occur in a very brief period of time.
Considering the potential for a [...]
the best online currency trading system is the one that suits you best. Many new traders have a day job and are unable to spend several hours a day trading, so some strategies may be unsuitable. For example, if your FX trading strategy was to profit from carry trades in the long term.
You could just [...]
There is much to be learned for those wishing to trade in the forex market. A good place to start your forex trading education is with the concepts of support and resistance.
The concepts of support and resistance are truly two of the most highly discussed facets of technical analysis and are quite often regarded as [...]
