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Forex Risk Management – Protecting Your Trading Account
Every forex trader shares the common goal of winning pips and making money. While making money is important, the primary goal of responsible traders is to protect their trading capital by observing sound forex risk management practices. Without proper risk management, you are potentially subjecting your account to excessive losses that will deplete your capital prematurely. Using risk management ensures that your account survives the losing trades long enough to score some winning trades.
Forex Demo Accounts – Try Before You BuyThe best way for new traders to learn about forex trading is with forex demo accounts. Forex demo accounts allow you to safely familiarize yourself with all the features of a broker’s trading platform in a live real time setting. These accounts are usually active for 30 days and funded with “play money”, so you’re able to make virtual trades without risking any of your own capital.
The Forex Robot Championship – A New FrontierThe Forex Robot Championship is a sandbox where new Forex robots are tested. The developer of the best automated system wins a huge sum of money. Who conducts this contest? And how can you be part of it?
The Forex MegaDroid is My Automated Trading Robot AssistantHave you ever imagined hiring an automated forex trading robot as your live trading assistant? It is something that was never been imagined as a reality several decades back but is now being enjoyed by most traders I know. Is it possible then that the foreign exchange marketplace will be completely automated after several more years?
Traditional Forex Traders Gone Automated With the MegaDroidWith the invention of a lot of Forex trading software in the market, a lot of traditional Forex traders have not looked back to manual trading ever since and the industry of foreign exchange marketplace has never been this competitive but at the same time lucrative. On top of the Forex trading robots in the market is the Forex Megadroid.
Currency Trading Or Forex Trading For a Second Income in the 21st CenturyCommon myths about currency trading. Why most people fail and why it does not have to happen to you.
Exchange Damaged Canadian BillsYou walk into your kitchen to feed your new puppy and notice his kennel door is open. You can see that he is chewing on something, and you grow “angry eyes” as you see Frank the Wonder Dog has somehow figured out a way to climb onto the counter, open the cookie jar, and steal a cookie.
Owning GoldThe ‘what, when, why and how’ can be used when talking about gold ownership. Firstly, what kind of gold should I buy?
10 Benefits of Online Forex TradingThe foreign exchange market – also called the forex market – is the largest financial market in the world with daily trading volumes in excess of $2 trillion per day. Online forex trading volume is 10 to 15 times the size of the daily trading volume of all the stock markets in the world combined.
5 Common Forex Trading MistakesForex trading involves significant risk of loss. There are a number of stumbling blocks forex traders face on their path to profits. Here are 5 common forex trading mistakes that can spell disaster for your trading account.
The Only Forex Trading Robot With an Advanced Artificial Intelligence SystemThe Forex Megadroid has attracted both negative and positive feedback from the industry of currency trading. Although there is much positive review about it, there is also a percentage of negative feedback about it.
Gold Price ManipulationWe live in a society where people think it is the norm to be in debt and to get government handouts for all sorts of reasons. Where does that leave us when the present financial system collapses, what many people think is inevitable?
PIP Brains EA ReviewMany Forex traders use Forex expert advisors in order to try to extend their trading capabilities, specifically when they are not able to sit at their computers to try to catch every change in the market. One such application is the PIP Brains Forex expert advisor which was designed by Andy Jamieson and is proving to be a very viable option for people who wish to do Forex trading using an expert agent which is a form of artificial intelligence for all their trading needs.