Forex: The Fears of Trading Currency

What is Fear? Well, you can look it up in the dictionary and google it, the answer will be simply put as an emotion of being afraid. When it comes to trading currency, we all feel afraid at some point of time, and the key is how we ‘steel’ ourselves to face this concern when [...]

Forex: Being Mindful of your Trading Opportunities

There are some very important principles to track a very likely profitable trade. The essential component for choosing a trading opportunity are : low degree of risk big profitable possibility how secure the trade is It is very wise for traders taking these measures into consideration before entering a trade. The better the trader can [...]

Forex Trading Psychology : Acknowledging the Risk

One of the key elements in successful Forex Trading is Trading Psychology. There are many factors that components that help to a trader’s psychological makeup. There is also no easy method to achieve the mentality of a Successful Forex Trader. There are also certain factors that influence a trader’s psychology which we should be aware [...]

Forex Tips: Handling News with an Open Position

Last blog post, we discuss on trading Forex with the news. This blog post will discuss how to handle an open position when there is a major news that is coming. Before we carry on, I would like to make clear that there are some forex strategies wouldn’t be that ideal for this plan . [...]

Forex Tip: Trading with the News

Trading Forex with the news is very unpredictable. Personally, I don’t like unpredictable and irrational events. Not just in Forex, but anything in life. It makes me feel stupid. So my best defense against irrational, unpredictable events will be stay away from them. I mean, will you like to take a lift from a drunk [...]

Forex Trading: Demo Account vs Live Account

It was a nice Saturday evening. I was waiting Manferd at the Central Mall. It was drizzling, which explains why he was going to be late. He came in the Starbucks with his hair wet, but it was still remain spike. I remind myself what hair wax he is using. I waved my hand, and [...]