How Understanding Weaknesses Allows For Stronger Trades
To understand how to be the best trader in forex, you also have to understand the ways other traders think. Investing is a profession as much about people as it is about money, and this is even the case in forex trading which described in the most laconic terms possible is about using money to […]
What Is One-Step Evaluation And How Does It Work?
Traders who are considering applying for funding to help them trade in financial markets will have to learn a lot about the industry before they take the leap. One of the first things to do is find out about prop firms, which provide capital for trading funds and gain a percentage of the profits in […]
What Are The Benefits Of Forex Trade Funding?
Trading on the foreign exchange market (forex) can be a very lucrative move, as long as you know what you are doing. Typically, traders gamble with more than they have, which can lead to extremely high profits. However, the downside is they can also suffer substantial losses. The foreign exchange market trades around $5 million […]
How A Long Forex Position Paid Off Incredibly Twice
Making a success on the forex market is a marathon rather than a sprint. It is about carefully using your resources and forex funding to stay on target in the long run, rather than rely on potentially lucrative but highly risky single trades. However, it would be wrong to say that there have been no […]
How Hundreds Of Millions Were Made With An Unlikely Currency
Whilst the world of forex is very broad and includes the vast majority of nationally accepted currencies, the overwhelming majority of forex trades concern just five of them. The reasons for this are matters of liquidity and volatility. The US Dollar, Euro, Great British Pound, Japanese Yen and Swiss Franc all have healthy buying and […]
Can A Carry Trade Work Well As Interest Rates Rise?
If you want to secure Forex funding, the first thing you will need is a viable strategy that has a serious prospect of success. In various times and situations, some might be more reliable than others. For instance, hedging may be very risky at present for those basing their expectations on the economic consequences of […]
The Most Famous Forex Trade Of All Time
There is a quote commonly attributed to Niccolo Machiavelli that demands that one never waste the opportunities that come from a “good crisis”. This quote, attributed to Winston Churchill, Saul D Alinsky and most recently Rahm Emanuel, is one that is also very appropriate to the world of forex funding. After all, when working with […]
How To Keep Winning Trade Runs Going
One of the most difficult positions to be in, surprisingly, is when trades are doing much better than you had planned to. Whilst this can sound surprising or oxymoronic in the same way “Suffering From Success” does, in a business field so reliant on discipline, there are far more temptations to break your plan when […]
Reasons Why Traders Might Be Losing Money
The forex market is unlike any other trading market in the world, and whilst it contains opportunities that some other markets simply do not, it also has risks and traps for new traders that conventional stock markets do not. Because of this, forex is particularly prone to an economic form of the Pareto Principle; the […]
How To Protect Your Portfolio During Market Dips
Volatility is the lifeblood of the forex market, and the way to make money with forex funding is to keep a clear head, form a strong, robust trading plan and focus on the long term, as money will flow in and out of forex on a daily basis. However, sometimes you notice an unexpected trend […]