While many Forex traders spend a great deal of their time poring over charts filled with indicators and try to understand where the market is going purely through technical analysis methods, there are other factors that may influence market values as a whole.
Fundamental factors are economic data that can change the way traders and investors [...]
There’s no time as dangerous in your trading career as when you’re just starting out. New traders tend to make many mistakes and many of them lose so much money that they leave Forex forever, believing it’s all a scam. Often, they’re so traumatized that they can’t stand the thought of ever trading again.
To make [...]
Riding a horse can be fabulous experience… as long as you know who’s doing the leading. If you’re the one who’s determining the direction the horse is going and actually like the destination, then by all means, ride on. If not, it’s time to get off that horse even if it means jumping off before [...]
In a post I published yesterday, I talked about the HiRider Forex robot which won second place at the recent Forex World Cup and made the case that it might very well be the best robot to come out of the competition, even though it won only second place (by achieving a return of 88.11%).
I [...]