Forex Trading

Forex Traders Fail

What Is The Principle Reason That Forex Traders Fail?

Some traders are without doubt, their own worst enemy. There really are not that many reasons why forex traders fail. However, one of the main reasons that forex traders fail is overtrading. Overtrading can be understood as trading either too often, or with positions which are too large for the trader or the trading account. Here I will briefly cover ...

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Types of Forex Brokers and Tips to Choose the Best for you

Forex trades are facilitated by brokers, and as you begin your day trading career, it’s important that you fully understand the different types. In general, Forex brokers fall into two different categories: Dealing desk brokers and no dealing desk brokers. So which one is the best? Well, it depends on your trading style. Each has their own advantages and disadvantages, ...

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Forex Really

Is Forex Really a Business Opportunity for All and Sundry?

Foreign currency market is a completely different niche and you shouldn’t mistake it for stock trading. If you are really serious about FX trading, you must first learn the basics, get used to the trading environment and the technical aspects of it and get involved in the trading game. Learning FX trading is like learning swimming or bicycling. You may ...

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Forex Capabilities

Enhance Your Forex Capabilities With Price Action

Perhaps you are new in the forex trade and you have heard other traders talking about price action or PA and wondered what they were referring to; they are simply talking about forex charts in general but specifically the movement of actual prices. You will realize that, if you have a candlestick on the one hour timeframe you will end ...

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