5 ALTCOINS to watch in June 2021!

An Overview of Forex Trading, Market Hours, Rates, Liquidity and Spread

Since Forex market is open for 24 hours, investors can make the transactions any time they want. In the forex market, investors can take good positions responding quickly to the changing economic conditions.

Understanding Stop Loss Orders And Why Forex Traders Should Make Use of Them

Understanding stop loss orders requires understanding exactly what a stop order is. In short, a stop order is an order you place with your broker telling him to buy or sell a commodity, stock, spread or currency pair once the price has reached a certain level. A stop order can be placed above the current price if you are looking to buy or below the current price if you are looking to sell. A stop order is usually placed to close a position and is often thought of as a stop loss order. In this article, we will clarify this rough definition of a stop order and explain why it is important to use stop orders when trading the Forex markets.

How to Be a Trader Lesson X – How to Make Real Money on a Demo Account

Demo trading is a huge advantage when you are just starting. Believe it or not you can make real money on a demo account. The first real account I had was funded with money made on a demo account. Imagine being able to learn to trade the forex market with virtual money and at the same profit for real! Isn’t it beautiful?

How to Be a Trader Lesson IX – The Art of The War

I wonder if when Sun-Tzu wrote “The Art of The War”, more than 2000 years ago he thought of the advantage it could represent for Forex Market traders in the far away future. In my own humble opinion Sun-Tzu would be one of the best traders of all time, if he was alive.

The Freemasons and the Forex Market

What could possibly be the relation between freemasons and the Forex Market? Am I pushing it too much? Well… judge for yourself.

How to Be a Trader Lesson VIII – The Forex Trader Knowledge

Knowledge means different things to different people. For me anything that doesn’t have a practical application in life is worthless. Many people, and definitely many forex traders, think knowledge is filling their head with tons of information. The more you know the wiser you are. Well… it’s not.

How to Be a Trader Lesson VII – The Power of Compound Interest

Albert Einstein said: “The most powerful force in the Universe is compound interest”. Many people underestimate the power of compound interest when making their investing decisions. Small gains tend to add up very quickly when you trade in a wise way. If you invest your money in a responsible disciplined manner; in no time you are going to have a small fortune.

Forex Market Myths I – Speculators Are the Bad Guys

The other day I was reading Dan Brown’s book Angels & Demons; and realized something. We need bad guys for survival. We need someone to point our fingers at when things go wrong. In the markets arena this bad guys are called speculators.

How to Be a Trader Lesson VI – Think Like an Economist

In the mid part of the year 2007 I was involved in a serious accident. Fifty percent of my body was burned in an explosion. To make a long story short when I was in the emergency room and my mother asked me how I was feeling; I answered: “Well… If I die, please make sure they don’t charge you full price for the cremation.”

Trading the Star Trek Way

Last night I was watching Star Trek and realized that the, timeless, gems of wisdom contained in it could be used by anyone who wanted to become a better trader. I hope these guidelines would be useful for many…

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