How to treat trading as a business
If making money from trading is your goal, you need to treat it like a business: you need to be business-like in your philosophy and work habits. Professional traders who work for banks and hedge funds have all the business processes in place for them. Their trades...
Understanding Different Types of Forex Trading
There are many Different Types of Forex Trading. I have found that the most successful traders stick to a specific type of trading that suits them in terms of personality and the time they will put in front of the computer. Below are the four main types of trading...
3 Crucial Mistakes New Forex Traders Make
Starting your voyage into the forex trading world doesn’t come naturally to most people. In fact there are some pretty big mistakes new forex traders make without knowing that they “don’t know”. So below, I have listed three of some of the...
Commonly Used Support and Resistance Areas
Below I have outlined the most Commonly Used Support and Resistance Areas that forex traders use for technical analysis. In technical analysis, the forex trader attempts to understand the market by how price moves, as well as using some indicators. Support and...
Four Vital Terms for New Forex Traders
When you are new to forex trading, it can seem like a completely different language. The terms used are probably not familiar if you have not been in that realm before. Below, are Four Vital Terms for New Forex Traders to know. It not only serves to understand the...
