Forex Trading and Miscellaneous | Forex Trading Blog - Forex News, Articles and Market Analysis

Forex Articles - Positive Mental Attitude

PMA, maintaining a Positive Mental Attitude regarding your positive expectancy

Forex Trading and Miscellaneous, Forex Trading Training

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) entrepreneurs, we often forget that simple fact, particularly when we get discouraged. We are running our […]

PMA, maintaining a Positive Mental Attitude regarding your positive expectancy Read More »

Forex Trading Articles The Compounding Myth

The best laid plans of mice and men…and the myth of compounding

Forex Trading and Miscellaneous

[quote]The power of compounding is the eighth wonder of the world[/quote] [quote]Insanity is doing the same thing over and over again but expecting different results[/quote] 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

The best laid plans of mice and men…and the myth of compounding Read More »

Forex Trading by FXCC - There's Snake Oil and There's Snake Oil

There's snake-oil and then there's snake-oil

Forex Trading and Miscellaneous

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 part of the phenomena. Of that 300,000, approximately half arrived by sea and

There's snake-oil and then there's snake-oil Read More »

Playing the ball and not the man

Forex Trading and Miscellaneous

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 matter. Trading forums can provide a welcome break from trading, particularly if you are a day trader waiting for your

Playing the ball and not the man Read More »

Forex Trading - Forex Trader Development

The four corners of trader development

Forex Trading and Miscellaneous

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 drill proved better than mine and he performed

The four corners of trader development Read More »

ECN Forex

Forex Trading and Miscellaneous

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 defined, an ECN forex broker is a bridge between

ECN Forex Read More »

The Weird and Wonderful World of Forex

Forex Trading and Miscellaneous

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 we mean by the weird and wonderful world of forex.

The Weird and Wonderful World of Forex Read More »

ECN Forex Trading

Forex Trading and Miscellaneous

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 means your profits are the brokers loss. Flip that around a bit and your losses

ECN Forex Trading Read More »