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Welcome To The World Of Forex Trading Print
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Sunday, 10 September 2006
You no doubt have a ton of questions and are eager to learn what this popular investment option entails. This site is designed to give you the tools and techniques necessary to make smart investment decisions. Spend a little bit of time reading through the various articles and tools to decide whether FOREX trading is right for you, and how to begin investing.

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Good Traders Get Educated Print
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Sunday, 03 September 2006

For anyone interested in Forex Trading, training is essential. There are numerous online Forex courses, Including Seminars,Webinars, Home Study , e Books and DVD's to name a few. In truth, with all the information needed to trade forex, it would be silly to initiate trading without first getting educated to some degree.

Choosing education can be tricky as many people are willing to take your hard earned money for minimum amount of basic Trading advise, which can normally found for free on many sites. However there a few sites that will actually take a novice and show him how to trade forex up to a professional level.

Last Updated ( Sunday, 03 September 2006 )
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The 7 Undeniable Rules of Forex Trading Print
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Sunday, 03 September 2006

Before we go into 7 rules of Forex Trading, that have been approved by a number of full time and successful traders, I’d like to narrate this story.

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Planning: A Key to Successful Trading Print
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Monday, 28 August 2006

From time to time I get some very interesting confessions. Here is a very recent one, along with a solution.

"Hey Joe! I had been looking at a profitable trade setup all day. I studied indicator after indicator looking for confirmation, even though I know many are correlated and redundant. But I just kept on searching. I thought, 'Maybe I missed something.' My account is now so small that I just wanted to be sure that this was the right trade. My thought was that I must take into consideration anything and everything that could cause this trade to fail. I can't afford to lose any more money. What should I do?"

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The Secrets of the Super-Traders Print
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Sunday, 16 July 2006

The first and perhaps most important "secret" is to realize that your methodology or approach (no matter how good) is only part of being a highly successful trader. This applies to any trading style including, day trading, swing trading or position trading.

The simple fact is that a bad trader can screw up a fantastic trading system. Conversely a talented trader can take a mediocre strategy and make money with it.

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A Quick Forex Guide For Traders Print
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Saturday, 15 July 2006

In this Forex course we will review some steps you need to take care before you venture into your trading journey. Most traders venture into the Forex market with little or no experience in the Forex market. This results in painful experiences like loosing most of the risk capital, frustration because it seemed so easy to make money, etc.

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Common Mistakes by Forex Traders Print
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Friday, 07 July 2006

1. OVER USE OF LEVERAGE- Not controlling speed of market due to over use of leveraging tool. The lower the leverage factor or Gear ratio the slower the move.           

GEAR RATIO is a good way to understand leverage. If you have a car in 10th gear it will go much faster than if its in 1st gear. The higher the leverage or gear the faster the speed and the less time to react. It is the same thing with Forex, the more lots, the faster the speed; each lot increases leverage or gear ratio.

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Plan To Fail Before you Place your First Trade Print
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Monday, 26 June 2006

Why Forex Traders Plan To Fail Before They Even Place Their First Trade
Author: Ryan Sheehy

Have you heard the wise saying that a trader who fails to plan, plans to fail? I have, and I was once that trader! However, did you know that even though traders who have constructed a plan, which incorporates their trading stategy (their "edge"), they have a plan that is likely to fail?

Last Updated ( Sunday, 06 August 2006 )
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Forex? What is it, anyway? Print
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Tuesday, 13 June 2006
The market

The currency trading (FOREX) market is the biggest and the fastest growing market on earth. Its daily turnover is more than 2.5 trillion dollars, which is 100 times greater than the NASDAQ daily turnover.
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Importance of Exits Print
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Monday, 12 June 2006
The outcome of every trade is dependent on the exit. If we enter in a timely fashion and then exit poorly, the trade is likely to be a loss. If our entry happens to be poor but our exit is good we might still salvage a profit. The exits, not the entries, determine the outcome of our trades. This lesson about exits is easily demonstrated. Take any entry strategy and begin combining it with different exit strategies. You will quickly see that we can change the results dramatically by making only minor adjustments to the exits. In fact it becomes nearly impossible to tell if an entry is any good because the results are so exit dependent. Bad exits can make a good entry look bad and good exits can make a bad entry look good.
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