Category Archives: Forex Trading

5 Things You Need To Know About FOREX Trading Rules

FOREX Trading Rules1. Profit Protection Is Essential – One of the most important Forex trading rules is to protect profits. This market moves very fast and a position can go from winning to losing within minutes. It is better to exit a position to protect profits and take a smaller gain then to wait and see the trade turn into a losing proposition. Trailing stops and trading multiple lots can both help with profit protection.

7 Benefits of Using Managed FOREX Accounts

Managed FOREX Accounts1. Professional Capital Management – Managed Forex accounts offer professional capital management without excessive management fees. The account manager is a professional money manager and makes investment decisions according to the criteria set by the investor. The investing knowledge and experience of the professional manager can help a managed account trade more successfully in cases with inexperienced investors or those new to the Forex market.

Managed FOREX Accounts – Top 10 Mistakes To Avoid!

Managed FOREX Accounts 1. One big mistake with managed Forex accounts is trading simply for the sake trading. Make sure you have a plan in mind before you ever make the first trade, whether your account is being managed by you or by a professional.

2. Money management is essential with global Forex trading.

FOREX Scalping Strategy – How To Master It?

FOREX ScalpingWhat is Forex scalping, and how can you master the strategy needed for this type of trading? Scalping involves an investor opening a position and then liquidating that position within a very short time frame, normally around one to three minutes, and five minutes maximum in holding the position. There are many Forex trading strategies, and scalping is one that can be mastered if you are willing to learn and do the necessary research.

FOREX Trading Tips And Tricks For Beginners

FOREX Trading TipsForex trading tips for beginners includes a number of basics. One of the biggest tips is to use a demo or a dummy account for a substantial amount of time before you ever risk your money on the markets. This account allows you to trade and keep track of your results without using real money, so any mistakes you make are experiences but not losses.

Top 10 Situations When You Need FOREX Trading Brokers

FOREX Trading Brokers 1. Forex trading brokers are needed when you need investment advice about this market. If you are not sure which currencies are the best choices then you should consult one of these experts.

2. If you are new to this market and are looking for Forex trading tips then a broker is the person you should be speaking with. Brokers have market experience, and can offer numerous tips and hints to help you out.

FOREX Trading Hours Chart Review

FOREX Trading HoursThe Forex trading hours chart can be a little confusing at first, but once you understand exactly what is being shown, it quickly becomes clear that certain times are much better for trading Forex than others. This is true even though Forex is a twenty four hour a day market which covers six out of seven days each week. One of the most helpful Forex trading tips is how to use this chart, so that you can tell the times when more than one market is open.

Automated FOREX Trading Software Review

Automated Forex TradingAutomated Forex trading involves the use of automated software systems, and for some investors these programs can be the key to being a more successful trader. There are two different types of Forex trading systems, manual and automated. The automated systems automatically analyze the market conditions and take action by sending alerts or using other methods programmed into the software according to the criteria you set in the program. Automated Forex trading systems use patterns and complex algorithms to follow the market and make recommendations. The software may also be referred to as a Forex robot, and it will allow the trader to set margins and calculate risks accurately. Automated software helps to lower the risks and increase the odds of a winning trade, all with little or no effort from the trader.