07 October 2009,
7 Tips for a Great Forex Experience
Forex can be amazingly profitable, but it can also disappoint if you don’t take the necessary precautions in each and every trade. Over the years some aspects of a successful trading career have been clarified by the books and declarations of legendary traders and competent professionals well-known to the trader community. In this article, we’ll take a look at seven of their guidelines in order to give you an idea of what works and what does not in trading forex. Combine these principles with a trustworthy, competent, and reliable one among the best forex brokers, and only you can decide the limits of your success.
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25 June 2009,
Trading Forex: Gambling or Analysis?
Successful forex traders are surrounded by an aura of mystery which makes them appear like magicians to some people. High leverage, high volatility, and poor understanding of the forex market’s internal dynamics lead many to believe that forex trading is just another way of gambling. This is partly reinforced by the extravagant claims in some brokers’ advertisements: Limitless riches are just around the corner, and if you dare to peek around, your life will be changed forever by what you discover.
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