Posts Tagged ‘ forex trader ’
Today I’ve added another e-book on the psychology of trading to my site. It’s The 7 Deadly Sins of Forex (and How to Avoid Them) by Marc Low. The e-book is rather short, only 24 real pages, but it’s an advantages as it says only that what should be said about its subject. The author described the 7 popular emotional problems that may become the deadly sins of every Forex trader. They [ READ MORE ]
One of the ways to trade Forex is using price action setups, which is very effective when used by beginners and useful for experienced traders as well. Price action setups are so effective, because you are not hiding important price patterns beneath lots of slow indicators or trying to trade with the help of some [ READ MORE ]
Today I’ve updated the Pattern Recognition Master indicator with a new version that works properly in MetaTrader 5. The indicator was rather poorly written in MT4 so I’ve got a lot of room for improvements in the new MT5 version. This indicator will come to use for any Forex trader that utilizes the Japanese candlestick patterns for chart analysis. The functionality of the MT4 and MT5 versions is pretty same but there are [ READ MORE ]
A good deal of fx traders could now efficiently trade from home on their own computers. This has turn out to be possible due to the progress of financial software such as the fx trading software program, also recognized as the foreign exchange robot. Usually, a trader could avail of such software if he has [ READ MORE ]
Over 90% of traders lose in forex. Currency trading may seem to sound a little easier so that the needs of full-time schooling, training and good decision-making. To see the poverty in this area, most schools and training centers has arrived, with a course to improve, train and give skills to aspiring Forex traders. In [ READ MORE ]
Forex traders who are considering to deal seriously with the Forex market has some Forex trading training to ensure that they will be able to learn how to play on this market. It is crucial as Forex markets are highly competitive as well as inconstant. Forex trading business is a 24-7 business with the great [ READ MORE ]
If you want to start Forex trading, there are certain things you have to know about the currency market. Foreign currency market is the oldest and the biggest financial market in the world. Every day this market completes the amount of trades for an amazing sum of up to 3 trillion US dollars. So, if [ READ MORE ]
There is nothing as difficult on the forex market than to be a new trader. If you have no experience in trading you have a lot of problems. There are many things which you have to do in order to become a good trader. Of course many people think that in order to trade you [ READ MORE ]
As a rule, Forex trading strategies for the newbies to the world of Forex trading have to be different from strategies for professional Forex traders. Traditionally, there are two types of the Forex traders – the technical traders and the fundamental traders. Fundamental Forex traders just monitor all the news about the economics and currency [ READ MORE ]
You must have watched a TV ad, gotten spam e-mail, or some information via another medium about trading for 15 minutes a day in the forex market right? to be serious we all know that’s a bit far fetched. Forex trading is a 24-hour operation, and regretably [ READ MORE ]
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