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Sep 15, 11 •
12861 Views •
Forex Trading Articles •
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4 Comments
On October 5th 2010 there was an audible gasp in the French courtroom at the historic Palais de Justice when the 'rogue trader' Jérôme Kerviel was convicted of a breach of trust, computer abuse and forgery. The 33-year-old was convicted...
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Sep 14, 11 •
17852 Views •
Forex Trading Articles •
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12 Comments
Scalping is the act of removing another person's scalp or a portion of their scalp, either from a dead body or from a living person. The initial purpose of scalping was to provide a trophy of battle, or portable proof of a combatant's prowess in war....
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Sep 9, 11 •
5888 Views •
Forex Trading Articles, Forex Trading Training •
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Comments Off on PMA, maintaining a Positive Mental Attitude regarding your positive expectancy
Now before you switch off having read the title thinking; " here we go, another 'happy-clappy' you can change the world type PMA trading article" that's not the intention, bear with me.. As individual traders we are (at heart)...
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Sep 8, 11 •
5424 Views •
Forex Trading Articles •
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Comments Off on The best laid plans of mice and men…and the myth of compounding
It's fascinating to consider how myths originate, for example, both of the two quotes above are attributed to Albert Einstein, however, the second quote might not be, credit could be given to the American writer Rita Mae Brown. A quote verifiably...
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Sep 7, 11 •
9929 Views •
Forex Trading Articles •
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Comments Off on There's snake-oil and then there's snake-oil
The California Gold Rush of 1848–1855 began on January 24, 1848, when gold was found by James W. Marshall at Sutter’s Mill in Coloma, California. Approximately 300,000 people migrated to California from the rest of the United States and abroad to be...
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Sep 5, 11 •
9268 Views •
Forex Trading Articles •
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Comments Off on Playing the ball and not the man
Most traders and speculators are prone to succumbing too and gravitating towards discussion forums. Trading gossip, news, getting advice, comparing methods and strategies, appraising services and brokers generally form the bulk of the discussion subject...
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Sep 5, 11 •
10636 Views •
Forex Trading Articles •
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7 Comments
After practicing an overlapping drill last Friday with my football youth team I reminded one of the seventeen year olds, who I’ve known and coached since the age of five, that the first time we did this drill he was seven. In fact his memory of the...
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Apr 5, 11 •
5203 Views •
Forex Trading Articles •
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Comments Off on ECN Forex
Is there a better way to trade the forex markets? Well Yes there is and it goes by the name of ECN forex. One of the biggest trends in the world of currency exchange has been toward an ECN forex environment or Electronic Communication Network. Loosely...
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Mar 29, 11 •
9580 Views •
Forex Trading Articles •
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2 Comments
Use a dealing desk forex broker and at some stage you’ll probably start to notice a strange pattern emerging. Stuff that just doesn’t make any sense at all, repeated over and over again till it becomes more or less the accepted norm. This is what...
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Feb 7, 11 •
3113 Views •
Forex Trading Articles •
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Comments Off on ECN Forex Trading
The traditional forex broker tends to be based on a dealing desk model. Dealing desk brokers take actual positions on the markets and in many cases will actually take the opposite position to a client’s position. Effectively, taking opposite positions...
