Forex
« Previous Entries Next Entries »Lost in Translation: Foreign Exchange Tax Codes (Part I)
Sunday, February 24th, 2008Remember that hit movie “Lost in Translation,” in which a clueless Bill Murray wanders dumbstruck through the foreign and thoroughly baffling world of modern-day Tokyo? That’s the look that comes over many forex traders when they try to get their head around the Internal Revenue Code as it relates to foreign exchange trading. Forex is [...]
Technical Indicators In Forex Trading – Understanding Their Limitations
Wednesday, January 9th, 2008By Jovan Vucetic Forex traders often look at indicators such as Bollinger Bands, Pivot Points, MACD, Moving Averages and the such to help them determine where to enter or exit trades. Using technical indicators is fine, however many traders overemphasize their importance or just plain misunderstand them.Many forex traders think that they can simply download [...]
The Best Way to Trade with Limited Capital
Tuesday, December 18th, 2007by Bruce Babcock One of the biggest swindles unscrupulous commodity vendors are pulling is to suggest that you can be a successful commodity trader with minimum capital. In order to sell their trading courses, they claim you can make a fortune starting with whatever amount you currently have available. Most thoughtful experts agree that there [...]
High Probability Trading
Friday, November 30th, 2007by Neal Hughes – FibMaster Even traders with limited experience start to realize that we are not trying to capture every market move. We want to improve our odds and reduce our frustration by filtering, for high-probability trades. The combination of trend and Fibonacci techniques can provide powerful signals for higher probability trading. We already [...]
Trading for a Living-Part 2
Thursday, November 29th, 2007By Geoff Turnbull In part 1 of this article I started to look at the financial implications of giving up the day job to instead start trading full time for a living. There are more than just monetary considerations as we will see later, but for now, there are some more costs to ponder. More [...]
Taking Profits – A Logical Way
Tuesday, November 27th, 2007by Neal Hughes – FibMaster So much time is spent on entering a trade. Today I want to focus on some exit strategies. This is not a full Fibonacci course, so if you don’t understand the basics I suggest that you visit my website for help with those aspects. Human nature makes trading very challenging. [...]
Trading for a Living – Part 1
Tuesday, November 27th, 2007There can’t be many traders who haven’t at least considered the idea of telling the boss what they think of him, throwing it all in and going off to trade the stock market for a living. It’s a big risk financially, and that uncertainty is what stops most from jumping ship. Is it really possible [...]
Essential Elements of a Successful Trader
Tuesday, November 27th, 2007Courage Under Stressful Conditions When the Outcome is Uncertain All the foreign exchange trading knowledge in the world is not going to help, unless you have the nerve to buy and sell currencies and put your money at risk. As with the lottery “You gotta be in it to win it”. Trust me when I [...]
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