Friday, July 1, 2011

Online Trading Reviews: How You Can Make Money From the Falling Dollar.

In the last handful of years the world financial situation has been facing a monetary melt-down that has not been seen since the crisis of the 1920’s.

On top of that, the value of the US dollar has been going down for over the last ten years as the US government has practically printed millions of dollars what has flooded the world with dollars and devaluating the dollar.

However, it is not all bad news. I strongly think that with crisis comes opportunity. As many Americans and folks from all around the globe struggle daily to put food on their table, others are learning how to create a sound income stream from the fx market.

There is not a better time than now to pursue financial freedom than now while the economic climate is terrible shape. Why? Because if you are capable to create significant amounts of assets now, you will be able to do it once the financial system is back on track.

In this segment of my online trading reviews I would like to go over how you can profit from the falling dollar and protect your and your family’s monetary future.

Sunday, June 26, 2011

Forex Strategy Trading Hints: How to Utilize Forex News to Trade the Markets

Fundamental analysis is the investigation of how the worldwide events and news have an impact on the currency markets.

In this edition of my Forex strategy trading Hints I will be teaching you how I you can utilize fundamental indicators to help you take better trading conclusions.

The usage of fundamental analysis in the currency market is done by using economic indicators. These fundamental indicators provide you with economical elements of a country that can allow you to measure the strength of a country’s currency.

Thursday, June 23, 2011

Forex Strategy Trading tactics: Learn The essentials Of Trading and investing

Forex strategy trading is an excessively profitable investment to be involved in. It is the exchange of foreign commodities around the world sold for a profit based on what the market does. 

Wednesday, June 22, 2011

Forex Strategy Trading Tips: The Forex Trading Every Trader Should Use.

As I was planning to trade the currency markets today I carried out my usual pre-trading routine. I follow precisely the same routine everyday and it makes it possible for me to become more organized and productive as a trader and as a businessman.

As part of my Forex strategy trading methods I would like to share with you a checklist that every spot trader should use in order to become more successful, more organized, and elevate your return on investment.


Check your open trades and track their effectiveness: This should be the first step you take once you get to your computer. Check all of your open positions and
track their performance.

In a large number of occasions stop losses need to be moved to break even or you want to take profit early because of an incoming event (such as non- farm payroll).  One of my mentors once told me that “everything that matters should be tested”, this without question applies to spot trading.


Analyze the market before you place any new trades: I cannot emphasize enough that you need to analyze the market before you open any trades. When you are in a trade you are not the same. You are thinking about the trade all the time and you are more likely to make non-sense decisions.

On top of that, you will be hitting your head if you see something in the market that creates a conflict with a trade you already took.

Read the news or read a news calendar: I am most of a technical Forex trader than a fundamental spot trader; nevertheless, I still try to stay up to date in what is going on worldwide.

One of the things that I use to analyze the fundamentals of the foreign currency exchange market is the news calendar. A news calendar provides you with a listing of all the important events that are happening in the internacional economy. Many of them also tell you the expected influence that each specific news event will have on the  Foreign exchange market.



Check your risk, stop loss, and tale profit parameters: tiny things can make a enormous difference in Forex trading and minor mistakes can cause massive losses. This is the reason why I always check my risk, take profit levels, and stop loss levels. That’s the best way for me to guarantee that that everything is working fine and that I am going to meet my trading ultimate goals and ambitions.


Never let a small mistake become a large loss: I determined to include this one as part of the Forex trading checklist because I have seen a number of traders lose money this way. We are all human and we will commit mistakes from time to time.

One of the most typical mistakes traders commit is taking a trade on accident. I have done it and all experienced foreign currency exchange traders have. This is not that big of a mistake unless you let run and become a larger loss. My advice to you is that if you ever take a trade mistakenly close it immediately, never let a small mistake turn into a big and unnecessary loss!


I Hope you enjoyed my Forex strategy trading techniques please check back frequently as we post multiple times per week.

Saturday, June 18, 2011

Forex Secret Trading methods: How This Currency Trader Went On a Suicide Mission


A few years ago I had the chance to educate and help a Forex trader who was seeking to become a full time Forex trader and trade for a living. He asked me to coach him one on one and he wanted me to be his mentor. I shared many of my Forex secret trading methods and after only a few months of training he was already profitable and trading full time. We are still working together on strategy development and market research.
During the time I trained and mentored this trader I was able to find some of the primary faults he was committing that kept him for years to make consistent profits. In this article I would like to share with you the primary errors this skillful but unprofitable trader was making and how we improved them.

Having unrealistic goals, big expectations lead to big failures: I am a believer that without goals you will not get anywhere in life. On the other hand, I believe that setting up surrealistic goals and having really big expectations from one trading idea usually leads to big disappointments and losses.
Successful traders are able to make fabulous profits because they concentrate on the profits and they do not get married to any trading idea. They realize that if a trading idea is not working, it is better to cut your losses and find another one.

Risking capital funds you cannot afford to lose: Another huge mistake this trader was committing was that he was trading with his family's living capital funds. Things like your mortgage payment, your daughter college tuition money or your car insurance money are funds you should never trade, even if you are professional currency trader. In the Foreign Exchange Market, FX market there is a very thin line between good trading opportunities and chaos and for numerous Forex traders they just happen to be in the market at the wrong time.
For this reason I always ask my traders and protégé es this question " What would happen if you lost all of your trading funds ?" . Most people respond " I would be very upset " or " I would go bankrupt ". Well trading under these circumstances is a mistake; remember of only trade with money you can afford to lose.
Putting all the eggs in the same basket: Pro Currency traders NEVER get married to a trading idea. The reality is that the FX market is always changing and a lot of times your super efficient trading system gets unprofitable just because the markets have converted. As a result, it is highly suggested to never put all your money into one trading system. Always have a fall back plan and never trade more than trade 20% of your total net worth.
Your net worth is your personal monetary power. For instance, if you happen to have $ 250, 000 in the bank, $ 350, 000 on Real Estates, and $ 20, 000 into a hedge fund your total net worth is $ 620, 000. Then 20% of $ 620, 000 is $ 124, 000 so a person with this net worth should never trade more than $ 124, 000. Money management and capital management is extremely important.

Trading based on what you hear around: I have constantly said it, you cannot earn money by just listening to other individuals. You need to learn your trading style, do your homework, and master the basics of FX trading; no one can do this for you.
I hope you enjoyed this article. I will be posting more and more exclusive Forex secret trading tips very soon.

Sunday, June 12, 2011

Free Forex Software: How to Use Free Software to make money

Investing has been for hundreds of years the easiest way to grow one’s capital and wealth. It is technically impossible to become wealthy by just having a job.

The concept behind employment is that you trade your time for a preset sum of money. The issue with this is that you only have 24 hours a day you can trade for profits.

Even if you are a CEO or business owner who makes $20,000 to $40,000 per month you won't be really free, because you don’t own your time or life, the board of directors or your business does. In this trading article will teach you how you can use free Forex software to make money.

Friday, June 10, 2011

Currency Trading Tips: 6 Tremendous Aspects of Trading Forex

Today I would like to share with you 6 reasons why the Foreign exchange should truly be part of your investment strategy and trading portfolio. Forex is very different when compared with any other financial market in the world and I'm going to show you why; let’s get started with this edition of our currency trading tips.

Thursday, June 9, 2011

5 Benefits of using Forex Trading Signal Software

Currency trading has produced a lot of rich individuals in the last few years and it will continue to create a lot of more prosperous individuals. Being a Currency exchange trader can be very simple but it doesn’t mean that is easy.

There are numerous things to consider which include: choosing a trading strategy, developing your trading expertise, financing your trading account, and much more. One of the biggest obstacles most traders face is picking out good levels to enter and exit the market. Needless to say, entering and exiting the market at ideal levels is critical for Foreign exchange trading success. In this article, I would like to discuss the advantages of employing Forex trading signal software to help you to make smarter trading decisions.

Sunday, June 5, 2011

Currency Trading Tips: 4 Emotional Threats Every single Fx Trader Should Know About

The mental part of trading also known as trading psychology is frequently overlooked by a good number of Forex traders. Because of this, these kind of forex traders suffer from the psychological manipulation of the Fx market The reality is that the markets and currency prices are an expression of what currency traders are feeling.
As an illustration, whenever Currency exchange traders are feeling doubtful a support or resistance level is actually created. The emotions that are felt by the market members determine what currency prices will do next.

Trading psychology plays a significant position in Foreign currency trading and understanding how your emotions and personality can impact your trading is crucial for success. In this part of my currency trading tips collection I would like to talk about 4 psychological threats that you should know about and that can keep you from reaching your financial goals.

Thursday, June 2, 2011

Currency Trading Tips: How to Find the appropriate Trading Style for yourself

Everyone has diverse needs and standards of living and therefore, trading is not a one-size fits all business. Today I'm going to be going over the various trading styles within Foreign currency trading and how they might suit your life and investment needs. I hope you find my currency trading tips beneficial.

Currency Trading Tips: 5 Tips Most Unprofitable Forex Traders Don’t Know

In the last couple of years I have learned that most unprofitable Forex traders commit the same mistakes and lack the same amount of information. The problem is that to put it together and become profitable a Forex trader needs to develop several different skills. In this currency trading tips article you will learn 5 things that most unprofitable Forex traders don’t know.

Thursday, May 26, 2011

Online trading reviews: 4 Great things about Using a Free Metatrader 4 Platform

Metatrader 4 is considered the most popular Fx trading platform accessible on the internet. Metatrader 4 or MT4 in abbreviation is employed by thousands and thousands of traders and it always gets the best online trading reviews on the subject of trading platforms.

Wednesday, May 25, 2011

Forex Strategy Trading Tips: 7 Tips to Help You Get going in the Markets

Here are some tips to get you started. Entire books have been written about these subjects, no joke. Hopefully this post will get you thinking in the right direction. I'll try to get into more detail on each subject in the coming weeks. Make sure that you check back frequently - we are adding more information and new Forex strategy trading tips on a regular basis.

Tuesday, May 24, 2011

Forex Strategy Trading Tips: Why Small Victories Will Help You to Win All Your Trading Battles

As most traders I started by trying to figure out Currency trading by myself. I was always trying to find new approaches to learn more, bring in more revenue, and become a much better trader. Many people also attempted to feed me lies, gimmicks, and sales pitches but I didn’t buy into them.

Becoming profitable at Forex strategy trading was not simple and it took a lot of effort and work. During my journey to become a profitable trader I learned one of the greatest Forex secrets.

Sunday, May 22, 2011

Currency Trading Tips: The Key Features about a Currency trading Managed Account

Trading the Foreign exchange market takes a great deal of dedication, patience, and sometimes even a little luck. Unfortunately, most traders have a very hard time putting it all together and staying focus. For this reason many people decide to get a professional Forex trader to manage their money with a Forex managed account.

Saturday, May 21, 2011

Foreign Currency Exchange Trading Tips: The true Power of Being a Consistent Trader

What does it mean to be a consistent trader? It means to stick to your trading plan, strategy, and trading system under any market conditions. The capacity to be consistent and possess the confidence to adhere to your strategy and trading plan is essential to obtain good results. In this part of my foreign currency exchange trading tips series I will be covering the main primary advantages of perseverance and being a consistent Forex trader.

Friday, May 20, 2011

Foreign Currency Exchange Trading Tips: How Consistency Can Produce Astonishing Profits

One good trade could make you a lot of money, however persistence may possibly generate huge amounts of money over and over. The profitability of consistency involves two levels: the first is the consistency of your strategy, and the second is your consistency in following through with your strategy. In these foreign currency exchange trading tips you will understand how the power of being consistent can produce amazing results for you.

Do not Back off From Successful trading strategies:

What do all winning strategies share? Most will produce losing trades. With a winning strategy at your fingertips, losing trades put you just one step closer to a winning trade and likely a series of winning trades. Letting loose of a strategy after not very many missteps is among the most common, and the most detrimental, mistakes that a trader could take. Casting aside what works in the long-term for temporary success ensures many long term failures.

Persistence Enables you to take advantage of the power of  Compounding:

Even Albert Einstein, arguably the most wise man to ever live, was amazed at the power of compound interest. In his writings, he compared compound interest to one of the Seven Wonders of the World, denoting that compound interest should be the eighth wonder.
However, opening the power of your trading strategy to compound interest requires more than just one winning trade; it requires many more winners than losers. This is where consistency comes into play. An investor that can produce one 500% trade and after that never win again will not create near the sum of wealth of a trader who can produce 20% time and time again.

Automation Brings Consistency:
One reason why automation is so favorite among traders and institutions alike is its ability to draw profits consistently, day after day, week after week. Computer models know hardly any boundaries; to a computer, $1000 is only a digit, while humans perceive $1000 as two car payments - which sets off the irrationality of emotion. By eradicating the emotion of high-stakes trading, along with the sloppiness of manually performed orders, computer models can derive earnings that better fit with the economic analysis of a selected trading strategy.

Aim for Consistency First and Profitability Should Soon Follow:

The main sole reason 95% of first-time Forex traders fail is due only to their inconsistency when trading. With minimal comprehension of money and risk management, coupled with acting prematurely to any market developments, new traders will see their portfolios wiped out with high leverage and expensive spreads. Having said that, seasoned professionals are already pushed to a level of success only by their consistency to produce profits in every trading climate.

Leveraging Reliable trading strategies:

Back-testing a strategy for its largest possible drawdown helps investors to take full advantage of consistency. If your strategy results a worst possible drawdown of 10% of the account balance, you could leverage up every position by a figure of 9, enabling massive gains, while simultaneously preventing your account from ever being ruined.

While this is the hypothetical argument, traders should opt for much reduced leveraging potential, utilizing only half of what the theoretical would project. All in all, constant traders have a leniency and number of benefits over the sporadic Currency exchange newbie.

More foreign currency exchange trading tips and techniques on upcoming articles.

Wednesday, May 18, 2011

Foreign Currency Exchange Trading Tips: Developing a group of strategies and indicators to help you profit

Welcome back. Having a profitable trading Forex trading system is undoubtedly important but you are the only one that can make the strategy work. For instance, you can read my foreign currency exchange trading tips. However, you may not make any one of my tips work for you unless you take control of your trading and apply them to you trading.

Developing a set of useful Forex indicators and strategies is essential for anybody who really wants to make some serious cash with Foreign currency trading. I’m going to show you how I have built a set of highly accurate indicators and trading strategies to help me make a killing in the Currency markets.

Forex Strategy Trading Tips: 3 Easy Methods to Select High Probability Trades

I’m writing this article after I talked to one of my traders the other day and she was asking me regarding how to discover high probability trades to profit from the markets.

Forex strategy trading requires you to follow your trading plan, be disciplined, and only trade high probability trades.

Sunday, May 15, 2011

Currency Trading Tips: 3 Easy Tips on how to Be a Full-time Trader

In this article I want to discuss 3 currency trading tips that will help anyone who wants to trade the foreign exchange market for a living. It is not easy to make the transition from your part-time or sporadic Forex trader to a full time Fx trader.
Your lifestyle will change in many ways and the transition is as essential as the way you will trade the markets. In this particular occasion I will be teaching how I made the transition from working in a 9-5 job to trading the markets for a living.

Wednesday, May 11, 2011

Forex Strategy Trading Tips: How to Find Time and energy to Trade the Forex

Investing your money can become an extremely time consuming task, particularly when you have a full-time job, a family, and a life. Learning how to use your time and money as good as possible is essential for Forex riches. I would like to share with you some Forex strategy trading tips that I’ve used to find time in my super busy life to trade my accounts while I spend time with my family and friends.

Tuesday, May 10, 2011

Forex Trading Signal Software: How to get the best Forex Signal Providers.

There's a lot of tips on how to trade the foreign currency market. Some people prefer to perform their very own analysis, while other people prefer to use automated trading robots, some traders would rather use Forex trading signal software … etc.

Everyone is different and what works for you may well not work for other folks and vice versa. In this article I will be teaching you the best ways to find and evaluate the best Forex signal providers online.

Forex Strategy Trading Tips: 4 Benefits of Having a Forex Mentor

Trading the FX market can be a very challenging career for people who don’t have the right tools, guidance, and sufficient knowledge of the markets.

 My goal is that by reading my Forex strategy trading tips it will be easier to enhance your understanding of the markets and your bottom line. I've got dedicated this article to talk to you about some of the main benefits of having a Forex mentor. When I first started to trade I had one and you should have one too.

Saturday, May 7, 2011

Currency Trading Tips: Easy methods to Balance Your Trading Career with Your Personal Life

Today I’m going to be speaking about an issue that many Forex traders face. Knowing how to balance your personal life with your Forex currency trading career can be challenging sometimes (especially for those who trade the foreign exchange market full-time). In this article I will educate you on how I balance FX trading with my loved ones and my life away from the monitors. So read the following currency trading tips that would definitely help you balance your trading career and particular life.

Saturday, April 30, 2011

Forex Currency Trading Software: Why you must Make use of It

Trading in the forex market was once the domain of banks and large financial institutions; nowadays though, it is now available to the average individual, because of computers along with the Internet. With the proliferation of a great number of Forex Currency trading software systems, along with the fact that it's possible to start out with a mere $100 (or even less) to open a Forex trading account, it is no wonder that the average daily turnover of the global forex market is continuing to grow to almost $4 trillion in April 2010 vs. $1.7 trillion in 1998. And this is especially because trading the Forex has become offered to everybody.
The truth is, many individuals are trading in the comfort of their own homes. With the advance of better mobile communications or portable gadgets such as smartphones, tablets and notebooks, more and more people can be seen doing trades at just about anywhere - homes, malls, restaurants, parks, or even while driving in their cars. As a result, the playing field has been leveled for all market players.
A lot of the systems available online are free Forex software. This type of software is able to provide its users with the required information for example economic news and events that affect the currency market trading. This software program is also capable of providing the technical signals, as in the case of a Forex trading signal software, which can help the user decide when to buy or sell. This trading software also provides a graphic user-interface with which traders can buy and/or sell currency pairs. These same systems may also provide more useful features such as forums, where currency traders can interact with each other. You may also have reading materials that will teach the basic principles of Forex trading, and many systems provide practice or game accounts to familiarize new users with trading; using the system without using actual money.

Though it is quite easy to get started in trading the Forex, making consistent profits is usually a different story. Different sources differ in their statistics. There are actually traders losing money and then there are traders earning money. A thing is usual though; more traders are losing instead of generating revenue through Forex currency trading. Considering the huge number of currency traders competing with each other around the world, traders need all of the help they can get to get ahead of the rest. That is, the means to access real-time information and different trading signals to help users analyze when they're supposed to buy/sell. For this reason it is crucial for everyone, especially the individual that trades currencies for a few dollars to utilize a profitable Forex currency trading software. Even some big time players in the market use software to be able to have clearer pictures of trends.

Aside from having the best Forex currency trading software, a trader also needs a great deal of practice, patience, discipline and also the ability to evaluate signals and information as a whole; all these will make Forex currency trading a profitable endeavor.

Thursday, April 28, 2011

Currency Trading Tips: 4 Approaches to Not Lose Your Shirt

You are about to learn 4 of the best Currency trading tips so that you don't lose money and are able to become the Forex trader you want to become.

Don’t rush to open a live account: many individuals trade with their demo account for a month or more, make some money, and think they're able to trade real money. This is usually a big and expensive mistake. Developing your trading skills needs time to work and won't happen overnight. Be patient and dedicated and all of your work are going to pay off.
EVERY trader loses money: Yes, you heard that right. Almost every trader loses money, even the professional traders. The real difference is the fact that pro traders understand how to control their risk, stick with their winners, and cut their losses.