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Understanding The Forex World – Why Do Most Forex Traders Fail?

The foreign exchange market is the biggest and the most liquid financial market in the globe. Even though there are several participants in this market, only few of them laugh all the way to the bank. In fact, statistics sadly point out that 90 per cent of Forex traders fail to succeed in this business.

Is Reversal of Losing EA Profitable?

Here’s an interesting theory. It may sound totally stupid or amazingly smart, but there is some logic behind reverse strategies.

Forex Education: Are Automated Trading Systems a Good Idea?

One of the reasons that forex trading has become so popular over the last few years is the huge increase in the number of automated trading systems that are on the market. These are simply computer programs that are designed to make the trades for you. A lot of people have started using them but it does raise the question of whether or not they are a good idea.

Forex Education: Choosing an Exit Strategy

One of the keys to making money with forex is to have an exit strategy before you enter any trade. This is something that few people do and it ends up costing them a lot of money. Keep in mind that you have not really made any money until you close your position which is why an exit strategy is so important.

Forex Education: Learning the Basics

Trading currencies can be a great way to make money, unfortunately a lot of people are afraid to try it. The biggest reason that people are afraid of trading forex is that they are confused by how the process works. There is no doubting that if all of your trading experience is in stocks you will find things to be very different. However once you pick up the basics the rest will fall into place pretty quickly.

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