Forex Trading Articles from FXCC – Forex Trading Articles to make You a Better Forex Trader. How to Trade Forex, Forex Trading Strategies & Best Practices
“So what’s your edge then?” is a question I’ve been asked in the past when sharing online, or face to face, conversations with currency traders. The first time I came across the phrase “the edge” in relation to trading I wasn’t sure what the meaning was and even now (some years later after first encountering […]
Defining An Edge In Forex Trading Read More »
I hope you’re OK reader, after all that must have come as quite a shock. Now you’ve picked yourself up the floor, after reading the article title, which is a fact (well kinda), we’ll dwell on the subject at hand; why do so many lose at trading forex and what are the adjustments so many
39% Of Forex Traders Are Profitable Read More »
If you regularly browse and or contribute in forex trading forums you’ll quickly realise that traders come in all shapes and sizes, from all ‘walks of life and from all corners of the planet. Many have brilliant illuminating stories to tell and pasts to recount (and on occasion recant) as to how they came to
So What Kind Of Person Makes A Success Of Forex Trading? Read More »
There are numerous times when life and trading dovetail, the phrase; “you are what you eat”, could equally be applied to trading, I’ve often mused on the concept that as retail traders we “only eat as well as we trade”. There are plenty of other examples were we observe trading and life mixing, sport is
You Are What You Eat And You Only Eat As Well As You Trade Read More »
When asked on US television in the late 1990's if she (Madeline Albright, US Secretary of State) thought that the death of half a million Iraqi children (from sanctions in Iraq) was a price worth paying, Albright replied: "This is a very hard choice, but we think the price is worth it." If one single
Sanctions Come Somewhere Between A Soldier And A Statement Read More »
Jesse Livermore was a famous (arguably infamous) speculator and market operator. He is famed for firstly making and losing several multi-million dollar fortunes and secondly for his aggressive short selling during the stock market crashes of 1907 and 1929. His legendary short selling expertise earned him the title “The Boy Plunger”.. Inadvertently he provided many
Money Management, Mind & Method – The 3 Ms Read More »
Perhaps the most frequently asked question, by anyone considering trading forex for the first time, is often met by a variety of over complicated answers when the first answer should in fact be a question aimed directly back at the potential trader; “how much have you got to lose?” Actually that’s a bit harsh, allow
How Much Do I Need To Get Started Trading Forex? Read More »
The search for the ‘Holy Grail’ of trading is a pointless exercise, as any experienced trader will testify there is no perfect strategy “out there” waiting to be discovered. Although history never repeats it often rhymes and we can clearly visualise that rhythmic rhyming on our charts when certain repeating indicator patterns throw up high
How To Become A Consistently Profitable Forex Trader Read More »
Almost all intellectually curious traders, who have never had the benefit of working in an institution, or on the 'other side of the fence', will at sometime begin to wonder; "where do the big players trade?" Institutional traders, for example, working at a tier 1 bank, or well renowned hedge fund would have access to:
Be A Mortal Feeding On Morsels With Level Headed Trading Read More »
Perhaps the major news event to get currency traders excited is still ‘NFP day’. When non farm pay roll day comes around each month there’s plenty of forex column inches and opinion enticing you to; “step right up Sir, spin the wheel, try your luck and win a prize for the lucky lady..” Amongst the
Playing The NFP Game Like A Winner Read More »
