Think Demo Trading Will Make You Successful?… Guess Again

Guest post from visionsofaffluence.com Demo trading. We are all familiar with it. We have all heard the advice of the experts that tell you that you should demo trade first in order to learn how to trade. Indeed demo trading is thought by many to be the path to trading success because by allowing people to [...]

5 Limitations of Back Testing

There are lots of forex trading system and EAs out there. Some may be good and others can be bad. While it’s definitely a good start, it isn’t bullet proof. Expert Advisors (EAs) are small pieces of software that automatically open and close forex positions according to the code written inside. MetaTrader has an excellent [...]

Forex Arbitrage – Theory and Reality

Arbitrage trading is a risk free way of making money by tapping into gaps that may occur. Theoretically, arbitrage trading can be done in forex by enjoying the fractions of pips that are missed in crosses. Here’s how it works – in theory. In practice, remember that forex trading isn’t easy money. Did you ever [...]

Binary Options Demo Account

Start Options, a provider of binary options, announced that traders can now check out their options using a virtual demo account. They are currently the only provider that provides this service. This sector is evolving together with traditional forex trading. I’m repeating my pledge to check their possibilities using a forex demo account. Up to [...]

Oops, we’ll reinstate your position

Not all forex brokers were born equal. Some will play dirty tricks to drain your account without being typical scammers. Here’s ascenario that happened to me and to many others. This should ring all your bells. There is a solution: take your business elsewhere.

5 Tips for Avoiding Forex Euphoria

In forex trading, also winning can be dangerous. Some traders get euphoric, make bad trades and eventually kill their forex account. This can happen to anyone. Here are 5 tips for overcoming it. So you’ve learned forex at course or by yourself and trained yourself with technical analysis using a forex demo account and you’re [...]

Forex and Freedom

While successful forex trading can free us from waking up to the sound of the alarm clock, commute to the office and smile to the boss, it still requires discipline and takes time. There are no shortcuts. Becoming a successful trader does require some characteristics of a day job. The Forex Guy wrote about the [...]

Purpose of Demo Trading: What it is, and what it is not

Guest post from ForexTraders.com To be useful, there should be no difference between real trading and demo trading. You should apply the same risk tolerance, the same vision, the same strategies as you would in a real account, should not trade a penny more than what you could trade forex in a real account, and [...]

How to Use a Demo Account?

Guest post from ForexTraders.com It’s not enough that you trade a demo account, you test the broker, and his capabilities, but more importantly, you need to test yourself in the process. The best attitude in trading is to seek the faults always within yourself instead of blaming anyone or anything for adverse consequences. In a [...]

MeetPips Review – Nice trading journal with live accounts missing

MeetPips is the latest venture from the founders of BabyPips. The site enables forex traders to manage an online forex trading journal, which not only helps them follow their traders, but also test the trades against the strategy, and see what other traders are doing. Here’s a review of MeetPips, which has some advantages and [...]

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