Currency trading is a kind of business where everyone makes mistakes, especially if you are a beginner trader. It is extremely important to remember that mistakes everyone makes when trading currencies, leading to loss of money. In this case, learning from mistakes is a good idea, because this ... Views: 602
Foreign exchange market participants are able to use several types of orders for purchase of foreign currency, which gives them considerable flexibility in planning marketing strategies. Moreover, the range of orders allows traders to increase their profits and at the same time to reduce or ... Views: 744
Forex trading is gaining strength over the past 15 years. Many players go to bed and wake up with the idea of the dollar and the rates of other currencies traded on Forex. The first important thing about Forex trading is a suitable choice of market maker. Competition in recent years have a ... Views: 957
I want to write the definitions of several terms which every trader should be aware and make them aware, to have a successful trade.
Forecast - to make a suggestion for future event. Noone can know with certainty what would be the development of certain phenomenon in the future. All forecasts ... Views: 719
Extreme volatility and lack of coherence in the various instruments of recent years does not allow a reliable estimate. However, something happens in the stock indices and it can not go unnoticed. Once in two years the stock market ignored the bad news and even make new highs after the events in ... Views: 768
We've all heard the fable of the fox and the grapes. When it comes to financial markets, however it is very easy to get into a situation where the fox - to say that sour grapes because it is high. Furthermore, typical for any beginner looking for grapes at all costs even yet his season did not ... Views: 850
Unlike exchange transactions with real supply or real currency exchange market participants forex, especially those who have little capital used in trade insurance deposit - margin, or so-called leverage (margin trade, or leverage trade).
In margin trading each transaction always has two ... Views: 796
Reliance on price charts without moving averages (Moving Averages) like making pastry without butter or eggs. Those simple lines above or below the current price can tell a lot and their use in interpreting the market is really unprecedented. In short, they are the most valuable indicators in ... Views: 1249
Here are the rest of the tips:
Tip 21. Once you bear the loss forget to continue to trade at any cost, especially when the loss is small. Do yourself a favor and take advantage of every opportunity to clear your head by taking a small loss.
Tip 22. Never let the position go against you ... Views: 768
Here are some basic tips for you if you even consider entering the Forex Market.
Tip 1. If you want to stay in this business, let 'hope the door and put stop loss "
Tip 2. When you start trading (open position), start looking for signs showing that you're wrong. If you see them, then get ... Views: 672
Even if you understand the whole world currency market you will not be a successful trader, unless have the nerve to buy and sell foreign exchange as well as risking their own money. Like the lottery, you should be in the game to have a chance to win. Believe me, it is very easy to decide when ... Views: 918