The six stages of a developing trader are looked at below.Stage One: The Clueless TraderThis
is the first stage when you enter trading. You may have picked up a
book on technical analysis somewhere, heard of a day trader making
millions, or got...
Forex PC Security – Preventative Measures
My last article, the
Hardware Guide, covered the basic requirements for a capable, reliable
hardware setup to trade the markets effectively. Some of you may also be
aware of my Techies Corner Guide, which provides some basic information
about...
Forex market – structure and moves – how it varies from other financial markets
Forex or currency market
is a 24 hrs market - it is different from other markets like: commodity,
stock and debt. Here the traders participate from different countries
during different timings.
Besides, the market volumes also show
big variations,...
Why You Should be Trading Currencies
Last night, China's stock market plunged a whopping 9%, causing a
chain reaction throughout Asia, Europe, and this morning, New York.Major
players (institutional money) began selling as the market opened.
Before long, the Dow was on its way down....
Can you become a Forex Introducing Broker?
Any individual or company that has contacts with individuals or other
companies who might be interested in trading forex online, either by
themselves or through a forex broker can become a forex Introducing
Broker.
Below are some typical examples...
Forex Trading for a Living: Education vs. Experience
Many scoff at the idea of “Forex for a Living”.
The
disbelief in this idea is further encouraged by tales of trauma
received by many an unfortunate trader. We have all heard the horror
stories, the tragic accounts of so-called “newbies”, and are...
Creativity in Currency Trading
“Is it important to be creative in your trading?”
I’m not sure I
can describe it in terms of importance. The creative process is
somewhat of a mystery, even to scientists who study it. There are a few
common characteristics that all creative...