Forex Articles
How to Reduce Spread in Forex Trading
As you know, spread is one of the most common forms of trading cost to any forex trader. However, spread can have a lot of variables that impact how much spread trader will be paying for any given trade. Below are some methods to ensure you are getting the lowest spread and in real terms paying the lowest trading costs.
Understanding Slippage In Forex
In forex trading, you might hear the term “slippage” or experience it when you start trading and not understand what it is. Slippage can have a BIG impact on how profitable you trade and can be vital to understand, both in terms of you, your broker, and the market. Below, I briefly discuss the issue of slippage in forex trading.
Pierre’s Fishy mid week update – 26 October 2016
Good morning everyone Hope you are all well and healthy. Nasty moves yesterday on the GBP/Dollar and GBP/JPY and some of the other GBP pairs. Best advice in my book on these pairs will be to stick with the main trend........SHORTS !! Ok time for a market update and...
Secrets of Profitable Forex Traders
Experienced trader and forex mentor Omar Eltoukhy shares important secrets of profitable forex traders that brokers and vendors of “holy grail trading systems” don’t want you to hear!
Stupid People & Unrealistic Expectations
Too many people are lured into trading by the promise of “get rich quick” marketers. The truth is that the rewards for successful traders can be great BUT it requires a lot of hard work, effort & persistence to get there. So which are you? Sensible or one of the stupid people & unrealistic expectations –
Essential Guide to The Bond Market & Forex
Bonds 101: An Essential Guide to The Bond market This bond market blog will help you understand the bare essentials which are important in the global macro process. These basics are essential to carry out an analysis for yourself and to lend conviction to your trading...
10 Habits of Successful Forex Traders
I have been in this business for over a decade and have been fortunate enough to be mentored by and get to know some very powerful and successful forex traders. If you are new to the world of forex trading, or simply interested in continuing to develop your craft as a...
The Life of a Pro Trader
The life of a pro trader can be a bumpy ride. Many traders even find themselves reaching a stage of boredom in their trading journeys - myself included. Before Forex, I had never stuck at anything work-related for more than five years. The life of a pro trader: My...