Guides for FX Trading – Learn how to trade forex

Exciting, fast paced, challenging, rewarding. Just a few of the adjectives associated with the world of foreign currency trading, now available to everyday traders like you. But what’s the catch? The pitfalls are deep. Losing your entire balance overnight, losing more than you deposited and being forced to pay. These are some of the nightmare…

Do you have the mental toughness to stay strong when you’re down? I find that us human beings for the most part are extremely predictable. We have a mob mentality and often follow, which actually makes life easier because only the minority become leaders. Imagine if most people wanted to lead, there would be chaos…

Leverage refers to the facility provided by forex brokers to allow you to trade with more money than what’s actually in your account. It’s like a loan, and you are required to put up a deposit of your own funds to secure it. It is commonly known as the “double edged sword” in FX trading.…

Disclaimer: BestForexBrokers.com and this report are not associated with myfxbook.com in any capacity. We have used publically available information from myfxbook.com to prepare this report and the views in this report are the opinions of BestForexBrokers.com only and do not in any way represent the views of any entities mentioned in this report. Report Objective…

The best currency pairs for scalping are EUR/USD, GBP/USD and USD/CHF due to their stability and liquidity. Forex scalpers trade very tight and can’t afford volatile market conditions. Therefore, our recommended currency pairs are the 3 majors which are known to be very stable in their price movements. Additionally, market liquidity is another very important…

Getting Back to Basics Is Good for Everyone Once in Awhile About 90 percent of traders lose their money in the long run. You want to be among the 10 percent that has something to show for their investments, but it is not as simple as getting up one morning and quitting your day job…

Today’s FX trader is not only a currency trader anymore. Forex brokerage houses adapted their offering with products like: Commodities: gold, oil, silver, etc. Stock indexes: DJIA (Dow Jones Industrial Average), Nasdaq, S&P500, Xetra Dax, CAC40, etc. Equity options Options trading becomes more and popular among Forex traders. And, for a good reason. Together with…

This is an opinion article, written by website owner Daichi Hoang based on information freely available online. In this piece I discuss the sudden downfall and disappearance of I2 Investments who were backed by what I claimed was a fraudulent regulator in a previous article. First let me say “I told you so!”. I warned…

Update: The fund that I mention here has gone bust! 25 MILLION EURO, gone. What can I say? I told you so! Article to be posted soon. This is an opinion article, written by website owner Daichi Hoang based on information freely available online. In this piece I present my case that the regulator “Broker…

This is an opinion article, written by website owner Daichi Hoang based on information freely available online. In this piece I discuss the binary options industry and why it’s not a good idea for you to get involved. They’ve been around for a while now and there are endless numbers of “profit system” scams based…

Understanding the fine print is the key to using forex bonuses Competition for clients in the retail forex market is very high. Therefore, to entice new clients to sign up and trade, many good forex brokers offer some type of bonus which typically comes in the form of bonus funds added to your balance. This…