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Develop a habit of reviewing and analyzing

Develop a habit of reviewing and analyzing your good and bad trades. Then you will have a much better sense of what will work best in your future trades.

Saturday, 16 February 2013

Forex - Dollar gains on Bernanke comments, output data, G20 language

The dollar rose against most major currencies on Friday after Federal Reserve Chairman Ben Bernanke said that despite high unemployment rates, the U.S. economy was improving.Talk a G20 summit won't end with warnings for member nations not to devalue their currencies pushed the...

U.S. stocks end flat on soft industrial production data; Dow gains 0.06%

U.S. stocks finished Friday flat to lower after poor industrial production figures washed out appetite for equities and sent investors chasing dollar positions and other safe-haven assets.At the close of U.S. trading, the Dow Jones Industrial Average finished up 0.06%, the S&P...

Forex Beginners 'Must-Do'

It is believed that more than 50% of traders are losing money long term in the foreign currency exchange market. Yet there are still many jump in the forex market, trade blindly and lost their money. Trade after trade, its surprising to see that "normally" losers "keep traders betting (not to invest!) Their money in Forex market without consideration of their negotiating strategy....

FOREX: WIN SOME AND LOSE SOME

Do not emotionally affected if you lose money in forex. It is part of the trade, you win some, and you lose some. If you lose, accept it and don’t think about what mistakes you did. Think about how you can prevent it from happening again and do not think how you can recover...

DON’T PUT YOUR LIFE SAVINGS ON FOREX

Unlike other markets, the forex market does not open at certain times of the day. It is always open, due to the fact it deals with international currencies where at least one market is open at any given period of the day. This is great for those looking to make sudden...

DO NOT PREDICT

Investors often look to experts and experienced traders for their predictions on how the market will trend. For example, trader often asked to predict where the Down Jones Index will be at any given time. The truth is, no one have any idea how to answer these questions. Predictions...

TAKE THE CONTROL AND FOCUSED

Controlling your mind will improve your trading because you will be focused. Focus in forex is a powerful thing because it will bring up new insights and ideas. Take the time to let your mind to focus and these may change the way you trade. Read a forex morning article preview...

HOW TO BECOME A FULL TIME TRADER?

The fact is that you only need to master one trading setup to be a consistently profitable trader. The best setup to begin with is the one that you see and understand easiest. If you are forcing yourself to learn a setup because you believe another person is successful using...

THE BEST HOME BASED BUSINESS OPPORTUNITY

Forex trading is the perfect business and best home base business opportunity. It is capitalism’s best kept secret that will allow you to work at home. The market makes no distinction about your wealth, educational level, ethnic background or any other aspect of...

WHY DO MOST FOREX TRADERS LOSE

If you’ve been trading for a long time, you no doubt have felt that a monstrous, invisible hand sometimes reaches into your trading account and takes out money. It doesn’t seem to matter how smart are you, how many seminars you attend or how many hours you spend analyzing the charts, you just can’t seem to prevent that invisible hand from depleting your trading account funds. So...

TRADE FOREX MAKE MONEY FROM HOME

The job market is dead basically because everyone is running scared. Everyone I know is afraid of losing their comfortable jobs because they know how tough it’s going to be to replace that income. If you don’t believe me then try applying for a few jobs and see how many...

OFFICE WORKER VS FOREX TRADER

As we are facing a world recession jobs are becoming extremely difficult to come across, so would self employment be an option for you? Have you considered making massive income through forex trading? There have been many people that have thought the same as you and...