Post Tagged with: "forex traders"
US Forex Traders More Profitable in Q4 2011, Yet Their Numbers Shrink
The last quarter of 2011 saw improved profitability for forex traders in the United States. On the other hand, the number of active traders dropped by 10% during the quarter. Did the losers give up on forex trading? Since October 2010, US forex brokers are obliged publish the profitability percentage among active traders, and the
Times of Correction
Corrections don’t always happen out of the blue. Sometimes it is related to different times in the day, week, month or quarter. Being aware of these corrections can help you trade. The beginnings of trading sessions tend to see sharper moves. This is best seen in the beginning of the European / London session. In
Why Some Traders Almost Always Profit
Guest post from visionsofaffluence.com In this crazy business we call forex trading it may be difficult for some to imagine that anyone can remain profitable over the long haul. The markets themselves are often wildly unpredictable so much so that most people find it extremely difficult to be profitable on a single day let alone being
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 Crunches for the Weekend – September 5 2009
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