This is a guest post by Oracle Trader
Following these tips in demo mode will mean you are learning something handy and passing the time without being almost convinced to leap into a real trade when the conditions are not right. Something like that may have some bizarre effects and it’s better to leave the [...]
Original post by Surefire Trading Challenge
Some brokers are now beginning to quote the other major currencies to 5 decimal places. Rationally this should mean that one pip would be 0.00001 currency units, but the potential there for confusion is huge, if a pip would be worth 10 times as much with some brokers than [...]
Always keep in mind that some unexpected event like a natural disaster, war or sudden death of a political leader could throw the entire market into misunderstanding. If you are risking too much on each trade then at some time or another your funds will be wiped out. All systems have their highs [...]
By Supreme Complexity
If we take a scalping system that makes a median of 20 pips on a rewarding trade and loses a standard 30 pips on a losing trade, with 80% of its trades being moneymaking and only twenty percent losses, this is the edge for this system:
Edge = (80% x 20 pips) – [...]
Originally written by FAM Drone
Euro currency trading against the dollar is the way that most foreign exchange traders start out, and yet in many cases they know virtually nothing about the EUR. The euro is a special (some might even say unusual) currency because it is not the historical currency of any nation. [...]
If we take a scalping system that makes an average of twenty pips on a profitable trade and loses a standard 30 pips on a losing trade, with eighty percent of its trades being profitable and only twenty percent losses, this is the edge for this system:
Edge = (80% x 20 pips) – [...]
Original post by Forex Bliss Formula
In this currency trading tutorial we will look at how to manage your money in order to have the highest chance of making profits, rather than losses. We all know that currency exchange or fx trading is risky, but there are numerous things that we will be able to [...]
Article courtesy of Forex Ultimate System
The foreign exchange capital market is global and thus it’s the largest fiscal market in the world. Just like with other types of trading, folks go into it thinking they can become rich quick and that isn’t the case in the slightest. The reality is that traders either [...]
This is a guest post by Forex Trading Scalper
This is the first of two articles looking at foreign exchange vs stocks from the viewpoint of the retail stock trader. But what precisely is the currency exchange market? How does it work?
Global Market
foreign exchange trading is a global affair. Currency [...]
This is a guest post by Forex Illusion
If you are going to run automated currency trading software in the shape of a robot, having no-one else access the PC is even more crucial. Bots can access the market and trade for you twenty-four / 7, maximizing your trading prospects. However , a lot [...]