Written by Dirk
You are sitting in front of your PC. Your heart is racing, sweat is starting to pearl on your forehead and adrenalin is pulsating through your veins at the speed of white light. You have live trade on the very popular Forex Market and your emotions are going mad.
If you ever wanted to feel like pregnant woman ( no offense intended) then this just the way to do it. A magnitude of pips and candles and fibs is glaring at you from the computer screen. Your money is gangling around in the air with your perspiration and the only thing that you can do is to have faith that you made the right move with you're trade.
This is all very scary and exhilarating at the same time. Some times trading the Forex Market should be compared to teasing a hungry lion with an open cage gate. Sometimes it is just downright tough. Why you ask? Because your emotions are out of control and that makes you scared money and scared money always lose. Why would you lose your money when you are scared bec
Written by Kc Yap
So.. you want to make lots of money in forex trading..? Well, before you get your feet wet....let me refresh your mind why forex trading is such a hot money maker...
Here's a few reasons why....
The cash/spot FOREX markets have certain unique attributes that offer an unmatched potential for profitable trading in any market condition or any stage of the business cycle. It leaves one to wonder why bother in the first place? The answer to that is very simple. Forex trading offers people who trade:
A 24-hour market: A trader has the chance to take advantage of all of the profitable market conditions at any time; which means that there is no waiting for the start like the New York Stock exchange.
Highest liquidity Possible: The FOREX market is the most liquid market in the world. That means that a trader can enter or exit the market whenever they want during almost any market condition minimal execution barriers or risk and no daily trading limit.
Written by Kenneth Langlet
Forex trading systems are all about getting investments into the foreign markets. Foreign exchange markets are abbreviated to be called Forex. The worldwide trading of stocks in companies and in products happen over the Forex trading system. There are over a trillion dollars traded on the Forex market everyday. You can learn to chart and follow markets in the Forex trade world on your own, or you can rely on a broker as you would in the New York stock exchange. The Forex trading systems are similar in method, but each is a proven method of how to make money, how to learn about companies and how to follow what is going on with the money you are investing in the Forex trading markets.
You can live anywhere in the world and trade stocks and investments in the companies that are involved in the Forex markets. There are no limitations to the money you can make, or the money you can lose. The Forex markets can be tapped into online, over the phone or by contacting a broker in p
Written by Michael J Campbe
Market knowledge and ability to understand analysis will only get you so far in Forex trading, but without the nerve to actively compete risking your own money in the process you can never become a successful trader.
Wagering huge volumes of money in a market as susceptible to change is liable to cause a whole range of opposing emotions; fear, excitement and anxiety just to name a few. Battling against your emotions in order to complete a successful deal is one of the major hurdles, which must be overcome if you are to become a trader able to close huge deals and earn vast sums of money. If you can overcome or even use these emotions to make trades on the Forex then a successful career may be beckoning, but failure to do so will almost certainly cost you a substantial amount of money and end any lingering desires to progress in the busy world of exchange rate trading.
Initiating and closing a trade at the right times are the backbone of becoming a successful Forex trader
Written by Abigail Franks
Ever watch the news and see the ending FOREX trades of the currency markets? They're usually based on how individual currencies traded against the dollar. FOREX is the abbreviation for the Foreign Exchange market. FOREX is a market where the value of individual currencies from all over the world are traded. The currency market today began in the 1970's as currencies that were historically tied to the gold standard, or the price of gold, were decoupled and allowed to float.
So instead of a dollar having a gold based value, it's value is now determined by the other currencies in the world. FOREX can be an investors paradise as it's as close to a free trading market as you can get. Almost anyone can invest in FOREX because it's simply the trading of 1 currency for another.
So how does this work? Let's say that you believe the United States market is going to be suffering from inflation. That is, the value of the dollar, over the next year or so is going to go dow
Page 1 of 224
- James Anderso -