Futures trading is one of the most popular ways of investing the financial markets due to the liquidity of the futures market. Futures trading requires a keen knowledge of the market in order to be successful. Putting your money into an investment can require some tough decision making and real patience in order to see results. Futures contracts can be great short term investments but in order to do particularly well at futures contracts it can...more
Have you ever wondered why some traders put in 80 hour weeks? I know many people who do this - and have made millions as traders by doing so. These hugely smart people with years of experience spend nearly all their waking hours looking at the market.But trading isn't really all that hard and it doesn't have to take watching the markets 24/7. You spot an opportunity, make a trading plan for the opportunity, make the trade, and wait. It's not...more
If you're just getting started in the currency markets, you should make sure that you know the basics of Forex trading before you consider risking your hard earned money. Otherwise, you can be sure that you will blow out your account very, very quickly. Many of the so called Forex "Gurus" out there will cover one or two off these basics adequately, but you need to have all three in place to truly be prepared for the challenges of trading Forex for a profit.The basics of Forex trading I'm talking about are Method, Mindset and Money Management. These 3 Ms form the foundation of every successful trading operation, ignore one or more and you are guaranteed to lose money. The first of these, your Method, covers how you analyze the market, make your trading decisions, and manage your trades. The second of these, your Mindset, has to do with whether you are disciplined and consistent in your trading, and if you are in control of your trading or if it is control of you. Finally, your Money Management strategy is a crucial and often overlooked component of successful trading. Without the proper money management strategy, you are always at risk of blowing out your account, and you will find...more
If you're just getting started in Forex, learning all the skills of technical analysis and trading tactics can be daunting. Prices seem like they go up and down for absolutely no good reason, and when you look for the answers it seems like everyone has a different opinion about how to trade Forex profitably. So instead of trying to reinvent the...more
As a veteran of the Forex markets, I'm often asked how to learn Forex trading successfully. Is it a matter of reading the right trading books? Learning from more experienced mentors or coaches? Buying the best trading system available out there? As much as all these things have their place, the most effective way that you can master Forex trading...more
Is Forex trading profitable? We're constantly being bombarded by advertising messages claiming that the Forex is a perpetual bull market, with huge profits to be had for anyone who opens up a trading account. If you've traded Forex before though, you'll know that it's much harder to make money than you have been led to believe. The truth is, more people tend to lose money trading Forex than those who actually make a profit from it.Why is it so hard to make a profit when trading Forex? It's a combination of a lot of things really, from lack of market experience and knowledge to poor emotional control and discipline, but the most critical factor of all is that the whole system is actually set up to place you at a disadvantage. Due to the spread that every Forex broker charges, every trade you make is automatically more likely to make a loss than a profit. In other words, without a good trading strategy and execution, you'll suffer from a negative edge when trading Forex.So Why Is Forex Trading Profitable For Some Traders, But Not Others?So why is Forex trading profitable for a select group of traders? The reason why Forex trading is profitable for some traders, but not others, is...more
In order to remain profitable trader in the currency market, there are specified habits that you constantly have to conform to. A lot of traders fail not because they are not knowledgeable enough concerning the workings of the fx market, but...more
It is possible to begin your penny stock trading adventure with a relatively small initial investment and this is something that makes it a very tempting prospect for some people . It can be very tempting to try and make a lot of money in too short a...more
The world of forex market has outgrown expectations. Trading going on in billions of dollars is a surprise for many. Investors from all sections of society are showing their interest for putting their money in foreign exchange market and then reaping...more
I have heard this particular expression used often and in a variety of e-mini trading situations and thought it might be useful to clarify exactly what e-mini traders are referring to when they described a dead cat bounce. Since this term is...more
Most people in the online stock trading scene spend all day scrounging about their resources to try and get the hottest tips and advice on new developments in the market. Although successful sometimes, relying on so called hot stock market tips can...more
A strong commodity dealing foundation is definitely really vital associated with your success in commodity committing as an efficient investor as well as commodity program. Whether you may be a novice in commodity dealing, a designer or maybe a...more