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Currency Trading Articles
141: What I Learnt Losing $60,000 My First Year as a Full-Time Trader
During my first year as a local (independent trader) on the floor of LIFFE, I bought and sold 8804 FTSE futures contracts, about 40 contracts per day on average. The result was a loss of $61,620 or -$267 per trading day.
142: How to Choose a Forex Broker?
When it comes to getting started in forex trading, there are quite a few things that you have to consider. The first thing to do is to find and choose the right broker to help you in making your trades.
143: Make Money With Forex and Share Trading
You can't have a profitable FOREX and share trading method without taking calculated risks, and taking losses - if you can't accept risk, then don't trade.
144: Forex Trading Psychology
The key to successful Forex Trading unlike other financial markets, is knowing yourself. This does not certainly mean enlightenment of self but knowing your behavioral pattern under given circumstances.
145: Forex Trend Detection
Long term profitable Forex trading warrants long term goals and objectives. One good idea is to have an excellent trend based trading system. Just having one will not really work out if you do not follow it in a disciplined manner.
146: What You Should Know About Forex Trading
How difficult is it to make money trading the Forex market? How much time does it take to actually be able to make a living trading the Forex market? These and other important aspects of trading are to be discussed in this article.
147: Chart Reading Basics
To be profitable in today's world technology and advancement, one must be proficient and reading and more importantly understanding chart patterns and basic technical indicators. Below is just a few basic points to your understanding the technical analysis of currency chart reading.
148: Why Most Forex Traders Become Bankrupt?
The forex market operates in a similar way. The forex is simply a place where the currency (money) of one country is exchanged for another. The main goal in forex trading is also to buy low and sell high. There are simply a few differences between the rules of the stock market and the rules of the forex.
149: What is Forex (Foreign Exchange) Trading?
The vast currency market is a foreign concept to the average individual. However, once it is broken down into simple terms, one can begin to easily understand the foreign exchange market and see what a profitable avenue of income participating in the trading of Forex can be.
150: Why Trade the Forex Market and Why is it Attracting So Many Participants?
The Forex market is vital to the general prosperity of the free world economy. Why? Some $1.5 trillion dollars worth of international currencies are bought and sold every single trading day. It is by far the largest traded market in the world.
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