Thursday, August 14, 2008
I ventured into the FOREX market a little more than 1 year ago. I have tried and tested many different types of trading techniques and styles. Most were failures and some were successful. From my experience, traders making money in FOREX will not reveal their trading system, simply because somebody has to lose money in order for you to make money.Currently I have two strategies working for me. I... [read more]
Thursday, August 14, 2008
Foreign exchange means exchanging of one currency for another in foreign exchange market or forex. With an average daily trade of US$ 2 trillion and above, forex market is hailed as the largest market for trading in the world. With an aim to earn substantial profit, new investors are jumping in the market everyday. Investors, who move with information and basic knowledge definitely earn high return... [read more]
posted by fxgentrader,
in account, broker, currencies, dealing, exchange, foreign, forex, forexgen, investment, market, trade
@ 5:53 AM,
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Thursday, August 14, 2008
In FOREX trading, there are six major reasons traders lose money. If you can avoid these pitfalls then you can join the minority of winners that pile up the big profits consistently. Here are the trading traps that will cause you to lose money: 1. The Contrarian’s DiseaseYou should have a contrary opinion to the other Forex traders in the market – most traders lose money, so you want to trade in... [read more]
Thursday, August 14, 2008
There are many markets: markets for stocks, futures, options and currencies. These are probably the most accessible markets for everyday traders like you and I. People easily understand the basics of trading shares. I began trading shares first and then I moved on to trading currencies.If you do not know a lot about currency trading, allow me to introduce it to you. It is what I trade and I believe... [read more]
posted by fxgentrader,
in broker, business, buy, commercial, currencies, dealing, design, dollar, exchange, export, foreign, forex, forexgen, import, investment, market, sell, trade
@ 5:46 AM,
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