This is the question many novice traders ask and of course it depends on numerous variables, some of which include your starting amount of capital, your risk tolerance etc, but if you were to make 100% per annum you would be up there with the very best.
Drawdown periods vary from trader to trader but typically you will face a drawdown of 30% from your peak equity at some point and you will...
This Forex trading tip is very simple and you can apply it to your Forex trading strategy and make bigger profits instantly. Most traders would do well to study it, so let’s look at the 80-20 rule in more detail...
The 80-20 rule is used in many areas of life and in business states that - a company will normally generate 80% of its sales and profits, from just 20% of its clients and in...
There are lots of Forex Expert Advisors and they all claim they can beat the market and give you a great second income but which are the best? Let’s find out...
Let’s look at the claims these advisors make first.
All Forex Expert Advisors claim that their mathematical formula’s, can detect trend changes in advance and these formulas, can double your income each month, with...
If you want to trade Forex Successfully you can because everything about Successful Forex trading can be learned, by anyone with a desire to succeed. Here we will look at the 3 steps you need to follow to trade like a Pro and earn big profits...
Before we look at our 3 steps to Forex trading success, let’s make clear that most traders lose money! So if anyone can learn to trade...
The simple reason there is no system that calls it a Forex Expert Advisor which makes money long term, they all lose because they’re based on unsound logic which we will discuss in this article.
Ask yourself this question - if a piece of software which costs a mere hundred odd dollars, can produce gains that are better than the world’s top fund managers (who are on millions of dollars a...
The FOREX market for currency trading has a daily turnover of about $3 trillions. Succeessful actors in this market experience very good profit, however, there are losers also. This market is considered risky, at least if you don’t know what you are doing.
For beginners it may be quite difficult to get profit early. It is considered a rule of thumb that newbies will have losses in the...
If you are new to trading in the Forex market then you probably already know that 95% of all newcomers to the Forex market will make a loss and that taking each and every sing edge that you can get is important. One thing that many new speculators have begun to turn to is that of the automated Forex trading software. These Forex trading programs are designed with advanced heuristic algorithms...
Forex trading, a lot of people may already have heard of it, but not all know what it is all about. One may often think that it is for the ’big’ ones, big businesses and organizations. But that is not so, in fact, there are a lot of ordinary individuals who are into forex trading.
Different countries or nations have different currencies. But not all currencies are traded in the FX...
Forex trading has become the number one daytrading choice for investors in recent years. This is primarily due to the recent introduction of automatic or automated forex trading systems. Automatic or automated forex trading systems allow your trades to be made at any time of the day (or night) completely independent of your input.
The Forex market is a market where the currency of one...
We all don’t start out in life with a silver spoon in our mouths. Unfortunately, but a few of us, in fact a very few of us that possess the will and determination to succeed will eventually end up with one. Each and every day, people from every country on the globe are becoming wealthy thanks to the FX markets. The vast majority of these investors had one common characteristic. That was they...