Author Archive
Does Forex Trading Really Live Up To All The Hype?
If you’ve heard of Forex trading (also known as foreign exchange trading), great. It’s one of the hottest topics around right now and its popularity is growing. What is it, though, and how can you as an average trader make money in it?
Forex is also called “FX,” and both are short for “foreign exchange.” Foreign [...]
Technical Analysis Versus Fundamental Analysis
Those who participate in the Forex market have two basic schools of thought in regard to analysis. One is technical analysis and the other is fundamental analysis.
Technical analysis believes that prices tend to follow patterns. Therefore, if one analyzes past price patterns, one can more easily predict what prices will be in the future.
Fundamental analysis, [...]
Fundamental Forex Analysis Explained in Plain English
If you’ve been trading for a while, no doubt you know that as a smart trader, you have to be able to analyze the market and predict price movements. This is true whether you trade in commodities, stocks, bonds, currency or any other type of security.
You can do analysis in two different ways. You can [...]
6 Warning Signs of a Forex Trader Destined to Fail
You can make an incredibly profitable living via Forex trading. A combination of low minimum entry requirements and margin leverage mean that small investors can do extremely well in these markets. However, despite the best opportunities, plenty of people still lose out trading on the foreign exchance markets.
There are a number [...]
Forex Profits and Losses – Calculating Them Properly
Just about any online Forex broker you pick will have a trading platform available to automatically calculate your profit and loss. However, it’s important to understand the basic math that goes into this. That’s a good way to make certain that your broker is honest, and it’s a good skill to have. [...]