Emotion has no place in forex. The false confidence after closing that big forex trade can lead to stupid risks. And the sting of a bad trade makes you want to try and “make up” those lost profits. Let’s look at five easy ways you can trade forex without emotion.
Let’s face it; Forex is really hard, especially when you’re starting out. With all of the skills and knowledge required the odds are always against you. The truth is most forex traders won’t last. Don’t lose hope though. There are 5 common mistakes most traders make that can be fixed easily. If you’re not making pips pay […]
The dollar is in rough shape right now against multiple currencies. But the beauty about Forex trading is that even bad news is good news. Here are three ways we’re taking advantage of the falling dollar.
Some Forex traders are guilty of chasing pips from one price to another. But pips can be very sneaky. A better way to catch pips is to plan two steps ahead. Don’t chase pips; trap them by finding setups on your Forex charts. It’s easier than you might think. Let’s review some basic setups that […]
Everyone can agree that Forex trading is hard. With so many indicators, platforms, and systems it is very easy to get lost. Whether you’ve just started or have been trading for years this guide can help you get on track. Here are some solid steps you can follow to earn pips and learn Forex trading at […]
Exit the Year of the Dragon and enter the Year of the Snake. In the headlines today “Asian astrologers warn of a stormy Year of the Snake“. This recent article cites dismal events that occurred in prior snake years as proof of bad times ahead. Events include everything from 9/11, to the Japanese attack on Pearl Harbor […]