Forex on the Rise
Forex trading continues to grow. Two separate reports show that the volume of forex trading is on the rise. This goes hand in hand with the evolution of the industry. According to the Bank of International Settlements, the daily volume of forex trading reached 4.1 trillion US dollars a day. This report is published only [...]
Are you a forex winner? Show it
Registration to FXStreet’s Forex Trader of the Year contest ends at the end of Sunday, May 2nd. This contest is an excellent opportunity to show your skills, see what others are doing and also win prizes. No need to open a special account for the contest. This is the fourth time that this contest is [...]
Forex Advertising in 2010
FXCM is due to reduce their advertising budget dramatically. This move will have an impact on the forex industry, but also in ways that aren’t expected. FXStreet’s CEO, Fransesc Riverola, reported that FXCM will be dramatically cutting its advertising budget for 2010. In a very interesting blog post, he said that the battle will be [...]
Forex Demo Account – When to go Live
In another post in the series about forex demo accounts, a serious question is: when to go live? When do you leave the practice account behind, and put real money in forex? I’ve already written that a demo account isn’t only for newbies, so the answer depends… If you’re a seasoned forex trader, you’re probably [...]
Forex Trading is No Game
There’s lots of money in the forex market and lots of competition between forex brokers. Some of these brokers try to get customers by presenting forex trading as a game. I find this quite problematic. Barack Obama on one side of the ring. Queen Elizabeth on the other. Just make your bet on the boxing [...]
Forex Trading: How to Limit Your Risk
Guest Post by ForexTraders.com If you’ve traded any security, you’ve heard the old axiom about keeping your losers to a minimum and letting your winners run. The latter part of that expression is self explanatory. Most forex traders know that they don’t want to cut their winning trades. Simply keep moving your stops up as [...]
Forex Links for the Weekend
Here are interesting forex-related articles for the weekend. It’s an extended edition, due to the long labor day weekend in the US: Mohammed Isah has an interesting analysis on AUD/USD. I also wrote about the Aussie breakout. Casey Stubbs lists 45 ways to avoid losing money in forex trading. Kathy Lien explains the contrast between the [...]
Establishing a Comprehensive Forex Strategy
Guest Post By ForexTraders.com Forex trading involves a lot more than just pulling up a forex broker’s Web page and funding an account. Traders need to spend some considering just what kind of forex trader they want to be and that means the answer is more than just being a profitable forex trader. Forex trading [...]
Finding New Pairs to Trade
Guest Post by ForexTraders.com By nature, traders, forex or otherwise, can be creatures of habit. That is if we find something that works, we stick with it until it stops working. As it pertains to forex trading, this includes the pairs we trade. Many forex traders get into the game and focus on just one [...]
Finding The Best Forex Broker
Guest Post By ForexTraders.com So you want to trade forex online? You’ve done your research, studied the market, know the major pairs to trade and have even studied some charts. In other words, you’re ready to go. But forex trading isn’t like walking into a casino where you just pick your game of choice and [...]
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