Are You Consistently Inconsistent?

The problems that struggling traders have are very common, but also, the habits of successful traders are very common. Over the next few days, I’d like to share with you some of the more glaring pitfalls that show up time and time again in the unsuccessful group. One of the “real biggies” is a serious lack of consistency in ones trading plan. By that I mean that so many people lack consistency in the way they approach, execute, and manage their trading. So today let’s take a look at the first component - trading approach.

Forex Trading - Accounts

A quick review of the different accounts you can open to trade the Forex market. Demo and practice accounts, managed accounts and more.

Currency Forex Trading System-This Rule Can Make You Rich In The Forex Market!

Ever observed how the golf player will pause somewhat in his swing before he swings down to hit the ball? What has golf got to do with forex trading, and how can you also improve your forex trading by following one similar rule extrapolated from playing golf?

Forex Trading - Get 90 Percent Odds of Success Doing This!

I constantly write about being cautious and realistic about making profits in forex trading but there is one way of trading that is known to give you a 90 percent chance of winning. It's not a secret it’s a well known fact, so here it is:

A Profitable Trend Forex System

Most of the secrets in forex trading can be reduced to learning what’s the right timing of the markets.

Forex Currency Trading Systems - Buy or Develop Your Own?

As they say currency markets don't get much sleep and how could they when they have to handle trillion of dollars everyday. Yes, currency trading is by far the biggest and perhaps the most interesting investment market in the world. In the past years, making use of mechanical currency trading systems has really picked up. These currency trading systems actually allow traders to analyze and predict movements in the markets.

Online Forex Trading Education

There are many people who are interested in forex trading. But before you start trading in forex, getting a good online forex trading education is important. The forex market is largely a technical market with its own forex terms and processes so it is important you grasp the fundamentals with an online forex trading education.

Swing Trading - A Profit Opportunity Right Now In The Market

Let's look at a live trade in the market which could yield a potential profit opportunity. We are going to use a very simple method anyone can understand and apply for profits.

Forex Trading - Where to Place Your Stops

Whether or not forex brokers actively hunt for stops is open for debate. However, I believe that they do succumb to the temptation sometimes. And the killer is most forex traders make it easy for them.

Forex Trading Method – Building Your Own System For FREE

There are a lot of forex trading systems sold on the net and most of them won't make you money. If traders want a system why not build your own? Let's look at this concept and a potential system.

Forex Money Management – How To Place Stops and Maximize Profits

Many traders are right about market direction enter a trade and then get stopped out then see it go onto make thousands or tens of thousands of dollars and there not in. Welcome to the world of forex trading. The fact is placing stops is in my view the hardest part of trading. Let's look at it in more detail.

Forex Trading - Why Currency Trading Beats Stock Trading (Hands Down!)

As I write this the US stock market has just taken its biggest hit since September 9, 2001. Other stock markets around the world have also been hit hard (China probably the hardest).

Forex is Like a Casino - Playing Too Much Can Be Painful

Forex can make you a lot of money with moderate risk but it will become like a casino and the odds will turn against you if you play too often!

FOREX Day Trading - Day Trading Doesn't Work So Don't Try It

The logic of day trading is totally flawed and will never make you money over the longer term and will wipe out your equity. If you want to prove it ask anyone who says it does to give you a real time track record of profits and you won't get one.

Forex Trading - What Is the Most Reliable Chart Pattern?

Who is the most beautiful woman in the world? Difficult to pin an exact answer to. It depends on who is looking. The same holds true of forex chart patterns.