23rd February 2011
Managing your risk is a vitally important element of any successful FOREX trading strategy. To be successful at FOREX you must study forex so that you understand the risks involved. As part of your trading plan, risk management drives all the other elemen...
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10th February 2011
As we have mentioned before in order to study forex you will need a broker. A broker acts as a middle man between you and the market. You instruct the broker to make your trade and they will execute it on your behalf.
There are thousands of different b...
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03rd February 2011
Right, so you think you're ready. You want to study forex and you want to make your first trade. What do you do and how do you do it?
Well the first thing is to find the right FOREX broker. Brokers are institutions who are licensed to make trades on yo...
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03rd February 2011
One of the crucial elements of trading is managing your risk. To be profitable in FOREX trading you must have a trading and risk management plan in order to succeed.
Statistics show that you can lose the majority of your trades but still make big profi...
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03rd February 2011
1) Watch the News
The Forex market is driven by economic news and data published by governments around the world. Many Forex traders will wait until announcements are due and will trade when the announcement is made. This can cause great swings in the ...
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20th January 2011
Trading in FOREX can be a very rewarding experience and also very risky. In order to trade it profitably one must understand what it is and the risks involved. To study forex is to learn all of the different aspects of it.
FOREX is the foreign exchange...
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