Posted November 8th, 2008 by Andri Irawan
Before I get into how currencies are traded, quoted and structured, let me tell you about one of the best advantages of Forex Trading. The amount of money you need to place a trade (known as “margin”) is all that can be lost!
I state it like this (in a glass-is-half-empty, negatively- presumptive kind of way) [...]
Posted August 27th, 2008 by Andri Irawan
One can learn Forex Trading as easily as one would like to learn other subjects or train in other professions. The criteria for learning Forex Trading is an analytical / logical bent of mind and some number crunching abilities. Reading specialized books on the subject matter, enrolling for college and other programs, which specifically teach [...]
Posted August 20th, 2008 by Andri Irawan
Many traders are daunted by the thought of Forex Trading so they decide to get help from an expert mentor or guru.
Let’s look at some tips on how to choose one.
Firstly, the vast majority of advice sold on the net is either available free anyway, or simply does not work.
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Posted August 20th, 2008 by Andri Irawan
Since the dawn of time man has sought ways to more easily provide for himself and his family. And women too, of course! Evolution has always been an equal-opportunity extinction
machine.
Somewhere along the way, humankind overcomplicated the struggle for survival. We invented jobs, and bosses, and weekly paychecks. Worse yet, we invented meetings, annual reviews, copy [...]
Posted August 12th, 2008 by Andri Irawan
A Traders Mission and Goal
It is the mission of the trader to become a financially successful long term trader. This can be achieved when the trader adopts and accepts The 10 Keys of Successful Trading. A trader must commit to live by three disciplines to become a successful trader.
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Tags: Forex, trading
Posted August 10th, 2008 by Andri Irawan
The subject of divergence is one that we will approach with the utmost caution. We hope we have made ourselves clear in the other volumes of this course that we have little regard for oscillators and indicators when such “tools” are used indiscriminately, or used as a mechanical way to trade. However, when used intelligently, [...]
