Online Forex trading market becomes progressively more saturated and the choice of brokers becomes wider, the decision of which broker to run with becomes increasingly important for the trader. Although the majority of brokers offer the same basic trading platform, there can be an enormous variation in what they offer their clients, both in terms [...]
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Forex Scams – How to Spot them a Mile Away
June 23, 2009 – 10:00 pm
In recent years, investors have observed increased number of savings opportunities and offerings. 1. Promises of Little or No Risk If you come upon a Forex firm that alleged to have developed a foreign currency trading strategy that carries very little or no risk, stay away. The Forex market is very unpredictable, and, without good [...]
Trading account – Do’s and Don’ts
June 23, 2009 – 8:12 pm
Traders continuously hunt for new and improved methods on their mission for a proper and successful trading system. Proper pacing means you run with the market. When the market is running rapid out, so should the trader. When the market begins to crawl, so should traders. Traders believe that a method need be working in [...]
Automatic Trading Systems
June 23, 2009 – 7:12 pm
Technology advances helps change trade systems and nourishes the growth in this world of speculation. One of the many recipients of faster and stronger technology is system trading as high speed computers now help retail and institutional traders develop systems, crunch numbers, and back test hypothetical results in seconds. Traders need to question themselves with [...]
Trading – Technical or Fundamental?
June 23, 2009 – 5:56 pm
This learning process is for us to study about two different kinds of traders; fundamental and technical trader. For us to succeed as an online trader the differences need to be understood clearly. Both are different in their views in the methodology they use to evaluate the market trend. Though there is some binding, we [...]
Break the old trading rules
June 23, 2009 – 4:28 pm
‘Break the old trading rules’ does not imply or direct traders to push aside the old rules and ideas. It is only the old ideas that have not proven effective and prevented many traders from progressing towards a positive goal, these need to be shed. Few of the old rules and ideas are; The futures [...]
Reasons Why Brokers Can’t Help You Trade
June 22, 2009 – 12:06 pm
Our broker might be the one who will make a good neighbor. He may even be invited for a Sunday snack. He might even be your best of friends. But do you think he will remain friendly if you stopped putting food on his table? In friendships, excessive loyalty can lead to clouded judgment and [...]
knowledgetoaction’s Traders University – Real or Scam Equity Trading course?
June 21, 2009 – 8:00 pm
Are the terms and conditions of knowledgetoactions’ trading course legal? Are you having problems getting a refund or canceling your traders university course?
Investment Trading System Scams Exposed — and How to Avoid Them
June 21, 2009 – 7:42 pm
Everybody, it seems, has an investment trading system these days. Systems that involve laying a spiral graph toy over a price chart. Systems touted by a man in a cowboy hat, selling “the world’s most powerful money manual”. Systems that claim to use artificial intelligence or neural nets. There are even companies that claim that they develop 25 trading systems every month and test every one against “The 10 Power Principles for Successful Trading Systems”
The Chat Room with the Magic CCI Indicator
June 21, 2009 – 6:45 pm
About two years ago I entered a trading slump. I didn’t know what to do to break out of it. When I don’t know what to do I surf the internet. I knew the answer must be out there somewhere. I needed a fresh trading idea. I began hunting around and came upon a chat room that dealt with only one indicator. I was intrigued. Here was a room with several hundred people all focusing their attention on two or three markets, and taking the trading signals generated by this one indicator. And it was free. How good could a free chat room be? Why would anyone put all that effort and work into something for free? It didn’t make any sense. I was even more intrigued.
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