Basics of Automated Currency Trading
Most trading experts have realized that automated currency trading is able to provide greater opportunities for profitability than other futures markets around the world. Foreign currency trading that is done online is said to produce a number of benefits, which normal currency trading do not offer.How to Find the Best Forex Training for Trading Novice
Forex Industry is very hostile and multifaceted, so you must mold yourself accordingly. If you are serious about penetrating the Forex industry then you have to start off on the right foot. This means that you have to educate yourself through the best Forex training for novice like you.Forex Trading – Should You Go It Alone?
Forex trading is one of those professions that you could quite easily learn by yourself. You can buy some books, looks through various websites and learn how to trade the forex markets. However going it alone is not always the best option.Tips for Forex Trading Based on News
A great deal of the computations in Forex still overwhelms me and at the same time, I am quite curious about world news, particularly financial ones. In fact my television seems to be stuck on Bloomberg. There are however a lot of news in the financial world, so can someone please give some tips about what type of news I should watch out for? Some other trading tips would be very much appreciated as well.Forex Backtesting Tips
A friend of mine emailed this set of tips for backtesting which I want to share with the group: The value of backtesting is well known among veteran traders and is still the most highly recommended way of trying out a new system. In order to make the backtesting process more effective, here are a few simple guidelines to follow: (1) Ensure that the data you are using is, in fact, accurate and valid. They must check as well if this is the actual period they wanted to test.Is There Any Form of Formal Education for Forex Traders?
As far as I know, there is no formal degree which is Forex specific. However there is a certification program, which measures your proficiency in many aspects of finance which correlates to a lot of things involved in Forex trading. I am referring to the Chartered Financial Analyst, or CFA for short. The curriculum of most CFA programs covers subjects such as ethics, quantitative methods, economics, corporate finance, financial reporting and analysis, security analysis and portfolio management.Forex Trading Strategies: Scalping With Alignment of Trend
This article reveals a top forex trading strategies called Scalping with Alignment of Trend. One of the most common Forex trading strategies is known as scalping. Not only is it a simple trading system, it carries low risk and can be performed in a very short amount of time.Become a Successful Forex Trader in Your Spare Time
Anyone can become a successful Forex trader but why is it that so many get it wrong? This one powerful tip can save you months of work and thousands of dollars if done properly.