A Forex mentor is by far the best way to go when trying to learn Forex trading. This particular type of trading is becoming increasingly popular and there are many sources of help and information widely available. Some of this information is contradictory, so, understandably, a beginner will struggle to …Read More »
Why is a mentor necessary to succeed in Forex (FX) currency trading?
Forex (foreign currency) trading, which is buying one currency while simultaneously selling another, is getting a considerable amount of press as an attractive alternative to stock market trading. Among the reasons for Forex trading becoming a popular alternative is that Forex provides a 24-hour market, lower transaction fees, and no …Read More »
Why set up a foreign bank account like the big companies and the wealthy?
Suggest to the average American that he or she might benefit from owning a foreign bank account and you’re more than likely to get a questioning look and a response like, “Why on earth would I want to do that? Americans, you see, tend to have an extremely parochial attitude …Read More »
Why Technical Analysis Works Well in the Forex Market
If you are considering currency trading in the Forex market, or if you are already involved in Forex currency trading, here is a money lesson we can borrow from investors who use technical analysis to help them make investment decisions in the stock market. The purpose of performing technical analysis …Read More »
Why You Should Trade FOREX for Other Investments
My goal for writing this article is to demonstrate to you the advantages of trading in the FOREX market. However, there is one myth that I want to dispel before I go any further. The myth is that there is a difference between trading and investing. To dispel that myth, …Read More »
Will I get rich trading? Probably Not
Don’t throw that cup of coffee at your screen, I’m just being honest. Do some people get rich trading? Absolutely. The Internet is full of talented men who can hype everything from star gazing to the latest and greatest autopilot software programs for their trading signals. (But the star thing …Read More »
Winning Strategies with Forex Charts
When reading forex charts, remember the two fundamental approaches to online forex trading: fundamental analysis and technical analysis. Fundamental analysis is not based on forex charts. It examines political and economic indicators to determine transactions. The charts here are used as a secondary reference. Technical analysis, on the other hand, …Read More »
Working the FOREX Market – The basics
What is FOREX for? FOREX stands for Foreign Currency Exchange Market. It is gaining more and more interest in the investment world, and for good reason. The FOREX Market is the largest market in the world and can be accessed from anywhere in the world. The volume of the FOREX …Read More »
World Events and Forex Trading Wisely
Forex trading has the great potential to become a lucrative and rewarding career that will allow you to have a lifestyle that few other lucrative activities in the world can offer to people of many roads in life, and without asking any of these men and women for a degree …Read More »
Would you like Forex or DayTrade?
Online trading is a great way for serious investors to make money, but inexperienced traders often end up with big losses. A good set of instructions can minimize risk and save months of expensive trial-and-error learning. DayTrade? Day trading had its heyday during the bull market of the 1990s. All …Read More »