admin on February 11th, 2011
It’s easy to get scammed as a retail Forex trader. But that doesn’t have to happen to you. The best silver bullet against Forex vampires is to remember that no one has anything to give away. There’s no such thing as a free lunch. If someone promises you huge returns for little time and money invested, it likely is a scam. If it sounds too good to be true, [...]
admin on January 15th, 2011
MetaTrader is an electronic trading software created by MetaQuotes Corp. for online Forex, CFD and futures trading. It allows advanced charting (with multiple built-in indicators), multiple-account and multiple-window management, setting all types of market orders (except for OCO) and features a C-like programming language (MQL) that allows development of the custom indicators, scripts and trading robots (called expert advisors in MetaTrader). But the most important feature of MetaTrader is that [...]
admin on July 19th, 2010
One of the first strategies learned by the Forex newbies is following the news and trading in accordance with the various news releases that can be considered related to the currencies and the Forex market. The good examples of such news are the macroeconomic reports, interest rate changes, political news and corporate releases. Two main problems arise when the newbies try to trade on Forex news: Trading too late. Usually the main reaction to the news (if [...]
admin on August 8th, 2008
If you’ve been trading your demo account for at least a couple months, chances are you have started using a strategy of your own that combines most of what you’ve heard and read so far. However, because if its very nature, such strategy will evolve as you keep learning new things. Is it changing for the better? Unfortunately, this is not always the case.
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