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Trading Psychology – How to Improve Your Trades
About 70% (if you really could put a figure on it) of what you do is not even about the trade you put on. It’s how you think and how you emotionally react to your results. It is so important to realise that we are emotional beings and a lot of how we behave can be based on the reaction to these emotions.
Effectively Training Ichimoku StrategyIf you are training Ichimoku strategy then you’re in for a treat. A lot of trainers are actually adept at training various scenarios and solutions. In fact, most corporate trainers have a huge following when it comes to being able to conduct training sessions. If however you are a first time trainer and have never really run a class and are just starting, then there are ton of things that you’ve got to learn before your first day of training.
Forex Price Action: Trading Where the Money IsTrading through foreign stock exchange with the use of Forex price action technical analysis platform is an equally exciting and challenging business endeavor. Gaining all the knowledge and skills necessary to move to the top of this type of business requires a lot of effort, money and time. However, getting ahead of the others means real profit or big money. Nevertheless, learning the secrets of the trade is an important tool to remain on top.
Trading Forex Online and How to Set Your Risk-Reward RatioThe objective in this article is the risk-reward Ratio. The risk-reward ratio is the ratio of the risk and reward in a trade. The goal is to describe in deep how the connection is between the reward and risk ratio in a trade.
Using LeverageThe Forex market offers traders the exhilaration of feeling like anything is possible-much more so than the stock market or options trading. This sense of being able to achieve great things from a small beginning in Forex comes from leveraging. The possibility for leveraging is high in Forex.
What Is Swing Trading and What Are Its BenefitsThe process of swing trading has become a very popular stock trading strategy used by many traders across the market. This style of trading has proven to be very successful for many committed stocks and Forex traders. Traditionally swing trading has been defined as a more speculative strategy as the positions are traditionally bought and held for the traders predetermined timeframe.
What Affects the Value of a Currency?You might know about how the value of currencies at the moment, but do you know why they’ve gone up or down in value? If not, why not read this and find out.
The Different Uses of Currency ConvertersCurrency converters have been around for decades now, but these days you can do it all from your computer rather than going to your local bank or whatever to ask what your money is worth in terms of another currency. There are all types of currency converters, whether you want to change dollars to euro, euro to pounds, pounds to Japanese yen etc. There are a number of different reasons why a person might need to use a convert one currency to another, including the following: Forex Trading: If you’ve ever been involved in forex trading you’ll…
Forex Trading – Background and HistoryThe foreign exchange market holds an allure that other investment markets just do not seem to match. Taking a look at the history of the foreign exchange market will help us to decipher some of the secrets surrounding the Forex.
Trading Forex Online? What Is Risk Management and Risk – Reward Ratio?The objective in this article is to explain what risk management is. The objective is also to explain what the risk – reward ratio is. Both objectives are important in controlling the trading risk.
Forex Tips for BeginnersThere are a lot of people involved in forex trading at the moment, and although it can be a little bit risky at times it’s still definitely possible to make a decent living from it. It’s just like anything else really, it’s never going to be easy to make money without putting some hard work into it and you’ve got to remember that if you’re thinking about getting involved in forex market. If you’re just starting out, here are some tips that will hopefully make it easier for you: Start Small: It’s always a good idea not…
7 Habits of Highly Successful Forex TradersIn this article, you will discover the 7 habits which differentiate very successful Forex traders from average ones. You’d be surprised at the amount of Forex traders that never get beyond the “gambler’s strategy”.
Understanding The Forex – Trading PlanIf you want to succeed in the business of trading currencies, you must equip yourself with an effective trading plan. Just like any other business, Forex trading requires a plan that outlines your present status, goals for the future, and the methods you want to use to attain those goals. Otherwise, if you lack a trading plan, you may be digging your own grave as a Forex trader.