Foreign exchange (Forex) trading is one of the most effective revenue generating and profitable form of investment nowadays, thus numerous investors and individuals are into forex and they are also very particular with forex trading scams. However, there is huge risk associated with forex trading because of the presence of forex trading scams. Why is forex trading? Why is it getting popular nowadays? What are the ways to avoid becoming a victim of forex trading scams? To know more about forex and ways of preventing becoming a victim of forex fraud, read the article below. Continue reading
Currency traders who trade to protect a position that exists or will be anticipated from a poor move with foreign rates of exchange, they are known to be in Forex hedging. When Forex hedging correctly, that trader is long in a currency trade, will be able to protect oneself from any risk to the downside. If the trader is shorting their trade, they are putting themselves at a risk to the upside. Continue reading
Forex Mini Trading is the right way of starting to know more about the Forex market. It helps to learn about money management because you are trading with your money but it is not sufficient money which causes lot of tension. Forex mini trading helps the trader to learn two lessons which are very essential for the traders. The first is money management and how to manage stress when it occurs while trading. You have to understand certain things when your considering opening a Forex mini trading account. Continue reading
Understanding Support and Resistance Indicators
Understanding some basic forex support and resistance indicators can be a good way of establishing a trader in the study major support and resistance levels.
So many traders out there are void of indicators that can give them information on support and resistance points. This article is poised to reveal and make you understand some of these basic tips. I’ll be sharing with you here some of forex best support and resistance indicators that I have tested to be the best. Continue reading
Can’t decide on a Forex Strategy?
Mirror Trading May Be For You.
Probably the hardest part of becoming involved in the live trading market is that as a human you are an emotional creature that can sometimes get caught up in the excitement of the trading environment. If this describes you then you may want to look into mirror trading as a way to remove your emotions from the equation. Continue reading
Professional Forex Advice in the Forex market is among the most widely used marketplaces for speculation, because of its enormous size, liquidity and inclination for foreign currencies to maneuver in strong trends. Most of these qualities would enable traders to possess tremendous success. However, success continues to be limited by Forex pros mainly for these reasons referred to below. Continue reading
Big Buffett bet
In 2002 Buffett made a very public $12 billion bet against the dollar. He raised the amount to $20 billion as of January 2005, but cut back to $16.5 billion in June 2005 after losing nearly $1 billion in the first half. He closed the account in August 2008. Since Buffett made the forex trades in the name of his publicly traded company, Berkshire Hathaway, forex gains and losses were reported quarterly. Continue reading
Reasearching the right Forex trading site through the web can be cumbersome. It’s best to first find out if that site allows the use of forex software trading robots, before you choose.