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Category: Forex Basics

New NFA Regulations – Dos and Don’ts

The new NFA regulations have arrived. For those of you who are trading with American brokers, here’s a basic list of things you should do, and more importantly, a short list of things you shouldn’t do. The last hedge free forex trading week is over. When trading will resume on Monday, August 3rd, the new

Emotional Control: The secret key to El Dorado

Guest post by ForexTraders.com It is well-known that a majority of forex traders fail. But it is not equally well-known that the main cause behind such a high rate of failure is unrelated to the market itself. Not analysis, and strategy, not education and learning, but lack of emotional restraint and mental composure are the

Forex Trading is Growing

Online forex trading is growing. Despite a rising stock market and tougher regulation, online forex trading is becoming more and more popular., staying on the high ground it reached since the breakout of the global crisis. Search volume of forex and forex-related keywords is on the rise. According to Google Trends, the search volume for

Best hours for trading: make sure you don’t miss the opportunity!

Guest post by ForexTraders.com Best hours for trading: make sure you don’t miss the opportunity! There’s a time for sleeping, there’s a time for working. And there’s a time for forex trading too. The forex market is open around the clock, on all five days of the week as the Sun moves around the world,

Forex Broker Reviews – Top 5 Sites

With many forex brokers out there, reviews about them become important to forex traders. I also intend to write reviews about forex brokers. Till then, I hereby bring a list of top 5  sites that review forex brokers: Daily Forex: Has a long list of forex brokers. It includes nice screenshots, ratings, advantages and disadvantages

Forex Demo Account – A Must for Every Broker

Not every forex broker out there offers a forex demo account. A demo account is a must for every broker. Checking out a broker via a forex demo account is a must for every trader. The forex market is growing rapidly in the last few years. More people are trading currencies. This is especially felt

Forex Trading Hours – When to Avoid Trading

Some hours are better to trade than other hours. Here’s a list of the most volatile trading hours for each of the 8 popular currencies. There are times when the market doesn’t move at all, and it’s quite boring. This is usually during the Tokyo and Sydney sessions. There are times which are quite wild

Forex Trading isn’t Easy Money

Forex Trading isn’t Easy Money

Using Sortfix, I found that forex is associated with easy money. Anyone in the field knows that it isn’t easy. Too many sites promising easy or automatic money probably caused this situation.  Sortfix is a tool that helps find the right stuff on the web. It uses a few search engines for searching (Google, Yahoo,

Forex Demo Account Page Created

I’ve added a new page to the blog, that will concentrate everything about a forex demo account. It contains some background and links to all the other relevant posts. Here’s the page: Forex Demo Account. Enjoy!

Forex Demo Account for In-Trade Psychology

Forex Demo Account for In-Trade Psychology

A Forex Demo Account cannot really simulate how you’ll act when a trade is open in a real account. Yet, there are still a few things that can be done. This is the third post in the series about forex demo accounts. I’ve already dealt with aspects of psychological pressure when using a forex demo