If you are new to Forex trading, you might want to know how does trading currency work. Before you can understand the process, you need to know some basic information of a currency pairs. In this blog, you will learn about it. Basically, trading currency is a process of exchanging one currency for another, so eachRead More
This is the final part of 25 rules of trading discipline. I hope that you make use of these rules when making a trade in the Forex market. Forex can be profitable if you know how to control you emotional part and apply the correct strategy that you have tested. By the way, these rules do applyRead More
Welcome back to part 4 of the 25 rules of trading discipline. We are going to talk about the next 5 rules that will teach you how to have a successful and profitable trading days. Rule #16 If you trade is not going anywhere in a given timeframe, it’s time to exit. This rule isRead More
Welcome back to Part 3. If you have been following this series, I hope that you have learnt the benefit so far with the first 10 rules of trading discipline. The next 5 rules emphasizes more on losing trades. How you should learn to accept it and ways to avoid it. Rule #11 The first lossRead More
Welcome back for Part 2 of our rules on trading discipline. So, what do you think of the first 5 rules in Part 1? These are simple rules to follow but it depends on how well we follow them. I should say that once a while, we may forget what we need to do and thatRead More
Whenever we are involved in Forex trading, emotion will always interfere with our trading decision. I am talking about fear to lose and greed to win. Everyone of us has gone through this phase and it is very difficult to control when there is no trading plan or strategy to assist us. And this usuallyRead More
Why is Forex News important? In the beginning of my trading days, even at demo trading, I did not care about all those news. I only care about looking at the chart and predicting the next move whether it is up or down. It works ok when there is no major impact on the currencyRead More
When I first know about foreign exchange (Forex) in the early day, I thought that this game is for rich people only because it involves with a lot of money and risk. Today in this internet era, it is completely different. Anyone can make money in Forex whether you are rich person or a normal guy. It is theRead More
