Forex Trading
6 Steps to a Realistic Forex Trader
I have talked before about the need for a trader to be realistic and not take forex trading like a game.Take it from me, if I had saved some of the money I have lost trading, I could have bought a few shoes. Now for those who think that this will end as soon as […]
Positive Odds in Forex Trading #2
Yesterday we discussed a little about the positive odds in forex trading. Let’s try and compare that to casino gambling. In a casino there is only one game where history has proven that the player can beat the casino, and that game is blackjack. Using a technique of counting cards, the payout rate goes from […]
Positive Odds in Forex Trading
I believe that the foreign exchange markets, on average, give more to the investor than is put into it each and every year. This is not only due toinflation, but also due to the influence that institutions and governments use to keep the markets in economically safe levels. For example if I had bought the […]
Carry Trade in Forex
You’ve heard of it, its a tatic used by the hedge funds to generate loads in income from a relatively small investment. The carry trade is considered to be far safer than speculative currency trading and it has the ability to create huge returns. We tried to discuss a bit about it at what is […]
Best Forex Indicators
This week I got a few emails and though I did not want to post today as I want to watch the red sox beating the rockies,but I just can not help myself.
I was asked what is the worst indicator in forex trading.
It was a hard question but to be honest , all indicators are […]
Seasonal Forex Trading
We have seen that the forex market is also a seasonal trading market , some months are just better for currency pairs than other over the course of a long period of time. In this case, we used 10 year charts to best understand the trends over time and include enough time to show a […]
