Forex

There are two groups of traders: fundamentalists and technicians. Fundamentalists are traders who use fundamental analysis to predict price movements, while technicians are traders who use technical analysis to predict price movements. Of course, many traders use both types of analysis. Today let’s talk about fundamental analysis based on economic …

It is said that nine out of every ten traders lose money. It is also said that seventy-five percent of day trading is split between psychology and the other twenty-five percent between your trading system and proper money management. Now I don’t know if these facts are true or false. …

As a forex trader, you must learn how to make a loss. Point. Don’t be a crybaby. Learn how to take losses. Learning how to take losses is one of the most important lessons you need to learn if you want to survive as a trader. No one is right …

Forex trading, also known as FX Trading or Foreign Exchange Trading, involves exchanging one national currency for another. For example, if I go to the bank and exchange ten U.S. dollars for 15 Australian dollars, I have made a simple Forex trade. The forex market is the largest trading market …

Take two traders, give them the same starting capital, the same trading platform, the same market and the same trading system with precise entry and exit rules. Come back a month later and what do you find? One trader will be up 20% and the other down 40%. It’s amazing, …

The forex market (or foreign exchange market) has become one of the most lucrative forms of stock trading in history. Until recently, this market was limited to government banks and lending institutions. Today, any investor can easily take advantage of this profitable market. The forex market is a sector of …

Forex traders rake in big profits with low-risk, high-return investment strategies that only exist in the foreign exchange market. Especially those who have a trained eye that can spot excessive profit points that explode when executed correctly. The forex market has created many millionaires who understand the unique leverage that …

Originally, an exchange took place without money, through barter. Long before money appeared in the world of commerce, people exchanged goods for goods. This system of barter made it possible to meet many needs that otherwise would not have been met. Barter raised the standard of living, but in such …

The Iraqi dinar (pronounced: di-‘när) is the legal currency of Iraq. The old Iraqi dinar The Iraqi dinar was introduced into circulation in 1931 and was on par with the pound sterling. The Iraqi dinar replaced the Indian rupee, which was the official currency during the British occupation during World …

Anyone who enters the Forex market to trade always starts with good intentions. Invariably, they will strive to win. They are there to make gigantic profits in the market. After all, it was a keen interest in trading that led to their involvement in forex trading. In all my years …