High frequency finance, with the analysis of tick-by-tick market data, offers new insights in how to trade. Before you continue reading, I want to caution you that over 80% of the traders in any one-year lose money. Of the 20%... (Continue reading)
This article is taken from the YourTradingEdge magazine (MAY/JUN 2010 issue) The author, Mario Singh has been trading forex for five years. He is the co-founder and CEO of FX1 Academy, the largest Forex Academy in Asia. He is a... (Continue reading)
“News creates opinions whereas price is fact.” --- Sam Evans Hello: The supreme goal of any trading activity on the markets is to achieve profit. Therefore it’s natural to use any technique or information that might help us achieve that... (Continue reading)
One of the most common mistakes new forex traders do, is that they have no trading strategy. Because of the many appealing characteristics (24 hours, trade both short and long, leverage etc) most of the new traders entering the market... (Continue reading)
Who are the women working in the Forex Market, a typical "man’s world"? How did they get there? How being a woman can be an advantage or disadvantage? How do they manage to combine their private life with their professional... (Continue reading)
The final, and by far one of the most important factors to your success is money management (sometimes also referred to as position-sizing). To illustrate just how important it is to your final results, there has actually been a mathematical... (Continue reading)
What separates the 10% that make money from the 90% that don’t? 10,000 hours. In his recent book ‘Outliers’ Malcolm Gladwell describes the 10,000-Hour Rule, claiming that the key to success in any cognitively complex field is, to a large... (Continue reading)
V. Bednarik PROFILE: • Current Job : Professional Trader and Expert Advisor for Fxstreet.com • Career: 7 years in Forex, 20 years in Accountancy. • Age : 41 After 20 years in Accountancy, Valeria Bendarik left her job to dedicate herself... (Continue reading)
So trading is a zero-sum game? ‘I think it’s a minus-sum game. The amount of money is very large. I had a number in my first book, Trading for a Living, and I thought it was the most scandalous number... (Continue reading)
‘The best way to become successful in trading is to learn from someone with more experience than you, and for that person to become your mentor. You train alongside them in a professional environment, preferably as part of a team... (Continue reading)