It is a sad fact that 90% of traders fail, and many very quickly give up. Why? When I went through a phase of losing trades I treated it as a temporary setback and went back to the drawing board. I analysed the reasons of my failure and I sought the guidance of Top Traders, Mentors and Coaches to put me back on the path of success and profitability.
In my opinion the high rate of failure for a new trader can be related to the six major obstacles that a trader faces, which are summarised as follows Read more »

Both of the expert methods aim for 300-400 pips per month, or more, with low risk and relatively low leverage. This enables you to enter the market with a higher degree of confidence and less risk of losing. Read more »

Simply said, no other trading instrument comes even closely to forex market when it comes to liquidity, 24hr market environment and last but not the least, profit potential. Forex (currency) market is the largest (most liquid) financial market in the world, with an average daily volume of more than US$ 1.5 trillion, which is more than all of the global equity markets combined.

Forex trading day starts in Wellington, New Zealand followed by Sydney, Australia, Hong Kong and Singapore. Three hours later trading day begins in Dubai (UAE) and other Middle Eastern countries. In couple of hours they are followed by Frankfurt, Zurich, Paris, Rome… London is the last one to open in Europe and five hours later it is followed by New York, Chicago and finally the West Coast. The busiest hours
are early European mornings because at that time major Asian exchanges are still open and European afternoons because at that time major US markets are open at the same time as Europe. Therefore, wherever you live and whatever your work hours are you can always find some time to participate in forex trading as opposed to stock market where you are usually limited to the regular business hours.

And when it comes to profit potential lets have a look at figures below: Read more »

Here’s a creditable revenue generating target: Own a advantageous Overseas Exchange (Forex) trading system that generates above norm returns on your investment. Online!
Foreign exchange is the buying of one currency and exchange of other simultaneously. Forex is the Largest financial market in the world, with over $1.5 trillion changing hands every day.
Where there’s an opportunity to turn a small money into a lot, let experience be your guide. This is especially true in Forex trading. Read more »

If you search on the internet you’ll find millions of investment programs such as real estate, stock trading, bond trading, mutual funds, CDs, auction programs and various internet programs.

I have not done many internet income opportunities or programs or affiliate programs because I had been lucky to discover a very easy way to make money through forex trading, (Foreign currency trading) Read more »

In FOREX trading, it’s a fact that many traders simply can’t let their profits run - they enter trades justly, but only ever, bank marginal profits. “Let your profits run” is accepted market wisdom - but how do you do it in fashion? How do you maximize your profits? Many FOREX traders get in on a good opportunity, and take a marginal profit, or are stopped out - they then watch in frustration as the trade piles up $20,000, $50,000, or more - and they’re not in the market! This happens all the time, so hears of look at how you can let your FOREX trading profits run. Read more »

Technical analysis is a premier tool for many professional traders. It gives them a lot of information upon which they can base their trading decisions. The days that these tools were only available to the professionals have past. These days everyone who has access to the Internet can use technical analysis and many of the tools that are available to the public these days are more sophisticated than the tools used by professional traders only a decade ago. Read more »

The question would be not whether she could but rather would she enter the Forex trading market. The Forex day trading arena is a veritable snake pit ripe for scam artists to bilk money out of unwary investors. On the other hand, it is a forum for educated traders with the correct education, tools, and trading strategy to make a handsome income.

Becoming a successful Forex trader basically comes down to four things; 1) attaining the correct education, 2) using Forex tools which 3) use your own personal trading strategy, and 4) finding the correct Forex broker to fulfill your requirements. Let’s look at these individually: Read more »

Price action can be classified into two general conditions - range bound and trending.

A range bound market tends to remain between defined support and resistance levels and fails to trade to new highs or new lows. A trending market on the other hand tends to trade to new highs or new lows and may extend for a significant period of time. As the market approaches a significant high we may either decide to sell anticipating the range to continue or buy anticipating a breakout. Read more »

1. Read both the books by Mark Douglas which cover trading psychology BEFORE you read or do anything else. If you don’t, I’ll say I told you so when you hit a failure barrier and don’t know why.
2. Stop loss policy - you MUST have one and practice, more practice and even more practice at sticking to it. It will not be easy but it is an essential discipline to profitable trading. Read more »