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How To Trade Forex For Beginners

Forex trading is easy, but developing the discipline and skills necessary to trade and be consistent in profits over an extended period of time takes years to achieve. As a beginner in currency trading it is quite normal to have the potential profits as your driving force, but when you jump into the trade without a plan, your chances of making at profits remain just hopes and you may never succeed. Fortunately, you can always borrow a leaf from the experts to help you start with a firm foundation to increase your success rates.

Stop Scratching, Start Scalping! Learn How to Yield Forex Trade Profits

Forex is the global foreign exchange market that has gained huge popularity in the recent years. The market involves buying, selling & exchange of major world currencies at specified rates. The popularity of automated trading software has also increased greatly in the recent times because scalping can be very challenging & time-consuming and it is very natural that most of us are not able to dedicate ourselves full-time for trading.

Currency Trading – Minimising the Risks

Trading currencies can involve considerable risk to your investments and to successfully navigate the Forex market takes considerable expertise. Learning how to manage the risks is crucial and the best way to do this is to get off to a good start. We looks at several important factors to consider when making a start into the highly lucrative world of foreign exchange trading.

How to Build Confidence in Forex Trading

All successful currency traders share a similar trait. It’s confidence. Confident traders are much less likely to second guess themselves.

Forex Analysis: 3 Currencies That Declined Against the USD in 2015

The U.S. Dollar had a strong year in 2015. The U.S.’s improving economy and steady job growth, as well as the December interest rate hike by the Federal Reserve, helped the greenback gain in value.

Forex Strategy: What Is Fibonacci Trading?

Many day traders use Fibonacci retracement lines to determine entries and exits into the markets, as well as stop loss and take profit targets. Fortunately, the strategy is fairly easy to understand, but first, you’ll want to learn about the numbers it is based on.

Forex Strategy: Calculating the Size of Your Trading Positions

Forex day traders must master a number of skills before they should begin trading real money. But calculating the size of a position is one of the most critical.

4 Tips for Making Your Forex Journal Actionable

Keeping track of your Forex trading – whether digitally or with pen and paper – is critical for your growth as a trader. And for many, the start of a new year is the perfect time to revisit the previous 12 months of trading. Looking back on your trades will help you determine what worked, what didn’t and what could use improvement.

Types of Forex Brokers: Dealing Desk Vs No Dealing Desk

Choosing the type of broker you use in your Forex trading can be critical for your success. Be sure you choose a broker that matches your trading style and that has an ongoing reputation in the marketplace.

Learn Forex: What’s Your Trading Style?

One question beginning Forex day traders will face is: What’s your trading style? Are you a position trader? Or do you consider yourself a scalper? There are many different types of Forex styles, but in general, they fall into four basic categories.

Forex Strategy: Tips for Trading in Volatile Markets

For day traders, trading in volatile markets can be advantageous, but err on the side of caution. Why? Larger swings can lead to massive profits if you guess right or huge losses if you guess wrong.

Don’t Be One of the Fools Who Believe That in Trading You Can Get Rich Quickly

Are you also dreaming about getting a millionaire overnight with just a 500 USD Forex account? Then this is just for you.

How To Choose The Right Forex Broker?

Do you want to transfer a large amount of money overseas? Are you searching for a Forex broker? Yes, you are looking for the right medium to get the best deal for this service.

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