How to Cope With Loss and Follow Your Risk Management Plan
In my article, I discuss the importance of a strong risk management, so that the trader can overcome small losses easily. It is recommended that you think wisely about what amount of risk you are willing to take. Secondly, the report provides you with a good exercise for trading discipline. This way you will learn to cope with loss. And you force yourself to follow your trading system strictly, whatever happens on the market.Your Forex Trading Station Updates Your Trading Account Status And Currency Exchange Rates
In order to avoid big losses and getting your account wiped out you need to constantly look at the longer term trend on the monthly chart. Technical analysis can predict the currency pair you trade as long as that is trading away from the extreme lows and highs of a 5-10 year period. This is important to all time frame traders, even day traders can get caught in massive adverse moves, that can be avoided.How Media Hype Influences Our Perception Of Central Bank Currency Interventions
Have you ever wondered why in a few days a currency pair moved more than six hundred pips in either direction? Or, have you ever wondered why banks maintain strict control over information concerning their FX market positions through press releases?Significance of a Forex Demo Account for New Traders
The art of forex trading is learnt in the same manner as stated in the aforesaid example. First off, novices practice at all times in the forex demo account.Should You Accept the Forex Broker Bonus System?
There might be something of a backlash against the forex broker bonus system. You may feel that this is an extra cost that you do not have to put up with. On the other hand there is every reason to suggest that there are benefits from establishing a good relationship with the people that are helping to promote your business ideas.The Fact Sheet and Review of the Forex Supersonic Product in Action
The forex supersonic product promises efficiency for entrepreneurs but there is some doubt about the efficacy of the predictive models. The first issue that you have to deal with is the fact that this is an automated system for all intents and purposes. It remains to be seen whether that is really an advantage especially if you are dealing with situations which call for human judgment.Open a Forex Demo Account to Get Ready for Challenges Ahead
On the flip side, there are negative aspects of a forex demo account. To begin with, there is little pressure to handle, so you will be less motivated to invest money in the best possible manner.Successful Forex Trading Rules
The world is built on rules, everything found in nature including nature itself, function based on a set rules and principles. Human body function, working, resting, playing, everything function well when the rules relating to it are followed, and they turn bad when the rules are broken. Forex trading is not left out of this. If you want to be a success in trading, follow the rules and you will do great.10 Golden Guidelines on Trading With Forex Signals
Looking for Free Forex Signals? Forex signals are basically “suggested” buy and sell points with price targets and stop-loss levels delivered by forex signal providers to traders. They may be delivered by email, instant messenger, cellphone, live currency trading systems or direct to your forex signal metatrader on your desktop.Is the Euro Worth Saving?
The current issue is not whether the euro has performed as was promised, whether it was mis-sold or even whether it was a bad idea. It is whether or not the single currency is worth saving – would the consequences be worse if the eurozone was broken up, or if it was saved?The Best Way to Invest In Currency
Precious metals and the currency are flying around the news just as much as the presidential election that is beginning to heat up. But unlike pulling a lever at election time, investing in the currency markets can be much more difficult and even dangerous if you don’t know what you are doing.The Liquidation of Crown Forex and the Implications of This Decision
There were many complaints about the crown forex network until it was finally investigated by the FPA. In due course FINMA who are the Swiss banking industry regulators decided to liquidate it. The saga has lessons for entrepreneurs in this industry.