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Can You Take the Risk?

Risk management can make the difference between your survival or sudden death with forex trading. You can have the best trading system in the world and still fail without proper risk management.

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Forex Trading Blog

Dealing with a Margin Call

Saturday November 21, 2009

Talking about margin calls is not a fun topic, but it is something that does happen to some traders on occasion.

It’s a bit of sensitive subject, but I’ve come up with some tips for traders that are either facing a margin call, or have recently experienced one.

Please see How to Deal with a Margin Call.

Metatrader 5 in Beta

Friday November 20, 2009
I’ve recently discovered that Metatrader 5 is actually in beta testing.

For those of you that don’t know Metatrader is a universal forex trading platform that is used by multiple brokers. Metatrader 4 came out in 2005 and was widely adopted by forex traders because of the ability to program custom indicators.
Read more...

Starting with $100

Thursday November 19, 2009

Mr K writes and asks:

I want to ask if it’s possible to make $10,000 in a year starting with $100 and how can I double that $100 in a month? What strategy should I use, weekly, daily or hourly?

And, if it’s not too personal, how much money did you start with?

First things first. Anything is possible Mr K, but Read more...

The Forex Majors

Sunday November 15, 2009
In forex there are countless pairs of currencies to trade. However there are four currency pairs that are the most widely traded pairs on the planet, literally.

I’ve written an Introduction to the Majors to explain a little bit about them.
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