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Conservatism bias is the tendency of an individual to stick to their initial views or forecasts whilst ignoring criticism of and inherent problems with conservatism, and not accepting new information. People are unreceptive to change and this is due to human nature’s preference to remain at the status quo and hence do not want to do anything that is out of the norm to upset their present way of life.5 Ways to Boost Your Retirement With Knowing How to Trade Forex
Learn a few simple steps to boost your retirement. Your retired self will appreciate your young self for following these tips.Making the Switch to MetaTrader 5
Learn about the differences between MetaTrader 4 and MetaTrader 5. The reasons why you should consider making the switch to the new platform.Optimism Bias
Optimism bias is a behavioural bias that may cause a trader to believe that he is actually less prone to any negative occurrences in the market than other traders in the market. This can often lead to one feeling `special’ often with disastrous consequences as more weight is given to information that suggest a desired outcome and being bias or skewing away from information that portrays a unfavourable scenario.How Can You Reduce Risks In Forex Trading?
Foreign exchange market offers the most fluid growth of cash but there are also risks involved in this market. Trading Forex is one of the most crucial activities since a small mistake can cause great loss. There are many risk factors in this trade. It is thus essential to know in detail about this market before you are ready to take the risk.Forex Black Book Eliminates the Top 3 Reasons Traders Fail
Forex Black Book is a new currency trading software that eliminates user and error and indecision. Dustin Pass is the Professional trader behind Forex Black Book which was designed to make forex trading easy and profitable for anyone.Forex Trading and Its Myth
Contrary to what every so called “forex expert” out there claims, dealing in forex trading is not a child’s game. In fact, forex trading is one of the most challenging tasks you probably come across, especially, if you are a novice, having minimal knowledge of what it is. So if you are amongst those millions keen to know “is it possible for a novice to make money in forex trading”, don’t get carried away by the statements of these experts.Secrets of Becoming a Successful Forex Trader
If you are in search of a single successful formula to become the king of the forex market, it’s time to get your basics updated. Although the high returns offered by the foreign exchange markets appeal everyone, it’s not an easy investment option.Aim To Avoid The Common Mistakes Of New Forex Traders
There are no guarantees for making money from Forex. There are however many mistakes that you can avoid which will increase your chances of success. This article highlights the key pitfalls to look out for.3 Tips For Getting Started With Forex
Forex trading is an extremely popular form of trading these days, and it is a great way to make money. But it is also a great way to lose money – if you do not start out the right way!Currency Trading Basics – Terminology In Forex Trading
Before you actually lay down your money in the market, you need first to educate yourself on currency trading basics. Essential things to learn are forex words and terms.Forex Trading Online – How to Ensure Victory
If you have the money, it is not hard to start out a forex trading online venture. But be reminded that this is going to be a big gamble and even if you have a large amount to keep you running for a long time, it’s going to be a tough job ensuring your success.How to Trade Forex Online – Strategies to Survive and Win for Beginners
The excitement and suspense that go with the forex trading business can really be ensnaring but as a beginner, you have to understand that there are rules to follow on how to trade forex online. Remember, unlike the games in the casino or in the lottery, forex trading requires players to think deep in planning the strategies to win.