Archive for July, 2010

Forex account opening.

TweetThe number one reason the forex trader fail is not because they are amateur but the prime reason is they are undercapitalized and don’t know how to leverage the account to their benefit. Come what may don’t go by forex broker to open a mini account with $200, regular account with $1000 and premium account [...]

Forex trader’s circumstances would decide their trading pattern.

TweetThere are many types of forex traders who trade based on their personality and also circumstances to a larger extent. There can be someone who wants to make money fast and is very impatient would trade frequently with the thought process that the more you trade more you would make money. In this scenario trader [...]

Simple yet difficult forex

TweetWhat’s the aim in forex trading? To make profits, off course I agree on that. But what should be the approach? The approach is very simple can be defined in 3 steps: 

Learn to make pips
Manage to retain it
Repeat the first two steps frequently

So, what’s difficult about it? Then why only small percentage of people can [...]