Using Bitcoin to Trade at Forex Many traders and investors are turning to Bitcoin as a method of purchasing and selling forex currencies. The new and emerging technology of the Bitcoin exchange is changing the way traders look at forex currency trading. While some people still shun the use of […]
Does the Australian Dollar Move Up Or Down When the World Economy Shakes Up? So, are you wondering if the UK is getting a break from all the UK based exchange rates or if we are still just one of those currency pair that will be affected by the economic […]
A Forex account is nothing more than a tool that can be used to profit from a currency exchange. You don’t actually have to have your own money to be able to take advantage of this form of trading. It doesn’t really matter if you want to earn a lot […]
A changeover from the US Dollar to the Euro is fast becoming a highly sought after option, especially when one considers that one could actually buy goods and services with it. One would no longer have to depend on US dollars for transportation costs, payment of utility bills, borrowing money […]
Most beginners in forex trading have the completely wrong mindset throughout the entire lifespan of a trade. From the beginning, middle and after the end of a trade, most people have their mind and focus on the wrong things.
The 3 M’s of trading: Mind, Money, and Method, maybe you have heard of them, maybe not. Either way, in today’s lesson you are going to learn what they mean and why successful trading requires them.
As the year comes to an end, it’s an important time for a trader; it’s time for him to make an honest assessment of his trading performance over the last year. This is an excellent opportunity for you to learn and grow, both as a trader and a person.
When putting resources into the forex market, your prosperity is attached to your capacity to understand and properly execute the money management strategies. Talking about money management can be boring, embarrassing, or even emotionally painful for some forex traders to talk about risk and capital management because most of them […]
Because of its exceptional yields on low investments, forex trading is a huge cash generator of the current financial markets. The question here is how to generate those huge profits. Let’s discuss a scenario. A fighter pilot has a highly skilled job that to most of us seems very sophisticated, […]