Can I trade without a stop loss?I was often asked this question by the forex trading community. When someone is asking this question, there are two things that I know about the trader even if he is a total stranger to me.First, there is very high...more
Those new to forex affectionately called newbies often spend all of their time playing in their minds dreaming about how much money they can turn a little bit of money into a huge fortune rather than learning how to actually trade forex and the tools...more
God came down from the heavens to see the Tower of Babel, being unhappy with what he saw God separated the people using foreign language as the barrier. Then here comes terminology another language used amongst the masses of foreign exchange. A...more
Forex trading analysis is about razor sharp accuracy, and this accuracy comes from being at the center of the information hyper-highway. Online trading system, brokers and such now come under your scrutiny not just for reliability and effective...more
In a typical foreign exchange, or Forex transaction, a party purchases a quantity of one currency by paying for a certain quantity of another. And because this is a worldwide, decentralized financial market, there is a huge trading volume, leading to...more