The Stop Loss, Take Profit Dilemma
Have you ever set a stop loss or take profit and felt that price might go down more but then bounce back up again so you extend the stop loss?…
Author Archive
Why Most Forex Traders Fail: An Alternate Viewpoint.
To some extent, it’s quite understandable that 90-95% of traders fail. Let’s for a moment forget how some traders can’t control their emotions, are greedy, don’t keep a journal, don’t…
What Time Frame and Currency Pairs Make the Most Money?
This has been an ongoing debate for a very long time and as far as traders continue to have different strategies and think differently, I don’t see this argument dying…
Federal Open Market Committee (FOMC)
Among several fundamental factors that have a big impact not only on the forex market, is one that I dare not ignore, one that you should keep a close eye…
How To Be A Successful Forex Trader
Introduction Recently I wrote about the best way to learn forex trading after which one can train himself to be a successful forex trader. Learning and practicing what was learned,…
The Best Way to Learn Forex Trading
The best way to learn forex trading might surprise you. Because it’s contrary to what the mass does. If you asked most traders this question, they would usually say, trade…
Interview: Adam Button – CEO, Forex Live
ForexLive was founded in 2008 and has since been an outstanding source of information for professional and retail traders. Its CEO, Adam Button, won FXStreet’s Forex Person of the Year…
Interview: John Forman – Author of The Essentials of Trading and Trading FAQs
John’s introductory trading book, The Essentials of Trading (Wiley, 2006) came directly out of his teaching work. It reached Amazon “Top Seller” status shortly after its release. He has also…
Top 5 Forex Millionaires – Part 1
People are seriously making big cash in the forex market. Forex millionaires do exist, in the sense that there are people who sit in front of their computer looking at…
Interview: Alex Boyd- Co-Founder & CFO, PoseidonFX
Alex Boyd is a proprietary currency trader and co-founder of the Forex education firm PoseidonFX.com. Bringing years of experience, Alex capitalizes on industry secrets learned during his years as an…
Joe Lewis vs Joe Lewis: Clash of the Traders.
It just hit me. This name, Joe Lewis and Joe Lewis Trading (JL Trading). Apparently, there are two British guys who share the same name and interest. What a coincidence….
Terry Salo, COO – Tallinex
What’s more valuable than getting answers to frequently asked forex questions by the chief operating officer of one of the best forex brokers around? I’m talking about Terry Salo of…
What is Non-farm Payroll (NFP)?
Forex market analysis is like a three-legged table. Refuse to accept this and you’ll fail. Like it or not. There is the technical analysis, fundamental and sentimental analyses. In this…
How to Spot a Scam Forex Product
Though the foreign exchange market has no central regulatory authority, it no doubt has the biggest market cap on the planet. Believe it or not. An amount about $4 trillion…
How to trade when there’s high volatility.
When the market gets very volatile and prices move like loonies, an opportunity is made to get richer (or poorer if you so prefer). These volatile moments are the best…