Because traders enter the forex market to make a profit, the ultimate risk they seek to avoid is losing money. There are multiple routes a trader might take to reach this unfortunate destination. There are also a variety of safety …
The following mistakes can happen to anyone, beginners and veterans alike. Even if someone has been trading a longtime, it isn’t unusual for a lapse in trading discipline to occur from time to time. Most importantly, a trader should recognize …
There are some fundamental habits that make for successful currency traders in the forex market. These don’t come naturally but must be developed through discipline and intentionality. But if a trader focuses on these basic principles, he is bound to …
It’s important to approach each trading opportunity individually, with a fresh perspective of the market and refined trading approach. When a trade is complete, a prudent trader will assess what he did right and what he did wrong. This type …
Market trading either ends with a profit or a loss. Occasionally, trades will end flat, meaning they are without a gain or a loss because a traders exits at the same price at which he entered. It is difficult to …
In the forex market, it always pays to enter a trade with a well-developed plan. However, the market is a rapid, fluid entity keeping any trader on his toes. Remaining committed to one’s plan and yet maintaining flexibility when the …
An investor in the forex market must consider an order to be the equivalent to a trade. If the market conditions fall into place as desired, the orders waiting execution in a trader’s account will launch the trade into the …
Buying and selling online in the forex market is as easy as a few clicks of the mouse. Online trading allows for easy, rapid access to the forex market. A trader can enter and exit a trade with little interference. …
I think as Americans it is easy to view retirement as something we are entitled to have and experience. We lived overseas in a socialist country for a time. It was sad to watch how the elderly approached retirement. They …