Articles Index
Advanced Forex Trading Techniques
Forex trading can be as simple or as complicated as you want it to be. In the beginning forex trading seems like it is simple. It seems like your only job as a trader is to pick what direction a currency pair is going to go and collect your profit. If only it were that simple all the time.
Get Started with Forex Trading
Step by step instructions to get started with forex trading
Introduction to Carry Trading
Carry trading is one of the most simple strategies for currency trading that exists. A carry trade is when you buy a high interest currency against a low interest currency. For each day that you hold that trade, your broker will pay you the interest difference between the two currencies, as long as you are trading in the interest positive direction.
What is Forex?
Forex Trading is the act of trading currencies from different countries against each other. Forex is acronym of Foreign Exchange.
Introduction to Trading Psychology
Trading psychology is the perception change that you go through once you are actively in the markets trading your own money. When trading on a demo account, it seems like it would be easy to make money and there seems to be no reason why you would not be able to start making money with a live account. Then, you make that first live trade and you start to feel indecisive about when to take profit, or cut your losses. You have just discovered the effects of trading psychology.
Introduction to Technical Analysis
Technical analysis has long been used in traditional markets like the stock market. Technical analysis methods rely on price history in order to predict the future. There are numerous methods used in the predicting, but the bottom line is that they always rely on price movements of the past. Technical analysis takes a few different forms and many methods of use.
Trading on Margin
Margin trading is just another tool. You can use it to make impressive gains and simultaneously risk excessive loss. Trading on margin effectively is best done with a reasonable amount of experience and a strict risk management policy.
Forex Scams
Forex scams seem to be everywhere on the internet. They can take many different forms. Here is a basic list of some of the most prominent ones.
Choose a Forex Broker
Choosing a forex broker can be daunting task. They all seem to sound good when you read their sales pages, but how do you know which ones are worth your money?
Introduction to Risk Management
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. Risk management is a combination of multiple ideas to control your trading risk.
Introduction to Fundamental Analysis
Fundamental analysis is basing the valuation of an asset on important economic reports. In forex trading, we refer to these reports as economic indicators.
Using A Demo Account
Demo accounts are a great tool for learning forex trading. They allow you to learn to trade without putting your money on the line. This can be a big advantage if you are a true beginner
Best Times to Trade
Forex trading is a 24 hour market. You can trade pretty much anytime that you want to. The question is, what are the best times to trade?
