Archives for 2008

From $500-$2,500 in a month ?

“ I apologise if I am bothering you but I wanted to give you more information about trading background. I have been trading on and off for about four months. I started with a “min” account of $250 and had gotten my account to around $2,425, unfortunately mmy account is now at $500. basically, I am starting over from the beginning. My ultimate goal is to replace my salary with full time trading. … [Read more...]

An Easy Effective Way to learn Forex Trade

Learning forex trading is a popular topic, particularly in today's uncertain economic times with many people looking to or interested in controlling their own financial independence. While there are a number of ways to get started in the forex market, there is one surefire combination which trumps all the rest and puts you in a better position than any other. Demo accounts are invaluable when … [Read more...]

Hindrances to successful forex trading II

Another material hindrance is power supply. Due to the situation of power supply for instance in my country, which we want to speak about positively, believe is improving, alternative power sources are just simply vital to most of the different types of traders, particularly day traders. Most traders use laptop computers, which provide backup power for at least two hours. Some other add an … [Read more...]

Hindrances to successful forex trading (I)

Before every forex trade, successful or unsuccessful, there are several hindrances to overcome. Every trader will face these hindrances in varying degrees along their trading odyssey. It is important to identify these hindrances because that is the only way you can do something about it. You can not improve on anything until you know precisely what you are doing wrong. It is also vital for these … [Read more...]

Markets Weekly Briefing

Contents This Week: Economic calendar for week 27th -31st October 2008. Commentary: The week ahead. Economic Calendar for week 27th - 31st October 2008 PLEASE NOTE - All times GMT not BST. BST is +1 Hr.   Monday September 27th:UK - Tentative - Nationwide GE - 09:00 - Ifo Business Climate. EU - 09:00 - M3 Money Supply Y/Y. EU - 09:00 - Private Loans Y/Y. EU - 11:45 … [Read more...]

How to choose the right robot trader

Forex accounts are traded either by humans or by computer programmes called robots or expert advisors. Humans always display one excess or the other because of their humanity. They either get too greedy, or exhausted, distracted, careless or simply inexperienced. This can lead to losses. However, with good money management disciplined traders still do well despite and sometimes even because of … [Read more...]

The secret of trading the forex market like the experts

Traders, you don’t have to be trading the FX market without clear vision and direction. We all know that online Forex trading is a speculative market and you need to now how to determine the two most powerful properties of trading like the experts; trending and ranging markets coupled with the right mind – sets and money management techniques. But the solution is simple because knowing how to … [Read more...]

4 Proven Ways To Conquer The Forex Market And Grow $1,000 To $10,000 In 12 Months

  Sure, you can convert that $1,000 to $10,000 in just 12 months. It may be challenging but very possible. You do not have to lose fortunes in forex trading before you learn to do it right. It is true though that experience comes from making mistakes. But I also believe it can be a good idea if we learn and gain our experiences as well from the mistakes and experiences of others. Today, I want … [Read more...]

7 Keys To Building Great And Lasting Profits In Forex Trading

It can often be very sad to watch an account that has taken one so much time and efforts to build to suddenly crash and put the trader in deficit or worst still in dept that he now finds it difficult to recover from. I have heard of traders and “Fund Mangers” who built their accounts from $8,000 to $12,500 or even more and watch it crash to less than $250 for no reasons they can be proud of. … [Read more...]

Economic Calendar for week 6th – 10th October 2008

PLEASE NOTE - All times GMT not BST. BST is +1 Hr. Monday September 6th: EU - 08:30 - Sentix Investor Confidence. US - 17:30 - FOMC Member Fisher Speaks. UK - 23:01 - NIESR GDP Estimate. Tuesday September 7th: UK - Tentative - Halifax HPI M/M. UK - 08:30 - Manufacturing Production M/M. UK - 08:30 - Industrial Production M/M. GE - 08:30 - Factory Orders M/M. EU - … [Read more...]