The Forex market is a little odd in it’s opening hours. Unlike most financial markets that open around 8:00 am in the morning and close around 6:00 pm in the evening, Forex is open 24 hour per day. Since Forex lacks a central exchange, it moves from country to country during the week. Forex only […]
Top 3 Life Lessons from Forex Trading
It’s not difficult to admit that people usually begin trading because they want to make money. After all, what’s so bad about wanting to multiply your hard-earned wealth? But is trading really all about the money? As many traders have discovered, trading comes with a lot of non-monetary benefits that are probably just as valuable, […]
5 Common Mistakes Newbie Traders Usually Make
It never easy being a newbie. Whether it’s in taking on a new job, starting your own business, or trying out a different sport, the degree of uncertainty in a new and unfamiliar undertaking can sometimes be overwhelming and push you to commit mistakes. Forex trading is no different. Here are five of the most […]
4 Common Reasons Why Forex Traders Fail
It is said that the failure rate in the forex industry is very high, with more than 95% of aspiring traders expected to drop out of the game within their first few years of trading. At this rate, you might have a better chance of surviving the Hunger Games than becoming a successful forex trader! […]
5 Old But Gold Tips for Forex Trading Newbies
If you want to make money in forex trading and consistently do so, it’s important to review proven trading methods and techniques on a regular basis. Here are some tips that might help: 1. Learn to limit your losses. The science of successful trading is less dependent on making profits, but rather on avoiding losses. […]