TIP! Go through news reports about the currencies you concentrate on and incorporate that knowledge into your trading strategies. News stories quickly turn ...
TIP! Choose a single currency pair and spend time studying it. If you try to learn about all of the different pairings and their interactions, you will be ...
TIP! Don't pick a position when it comes to foreign exchange trading based on other people's trades. Most people never want to bring up the failures that they ...
TIP! Forex relies upon the economic conditions around the world, more so than options and the stock market. Here are the things you must understand before you ...
TIP! Pay attention to what is on the news, especially in the financial world, including the currencies you are trading. Money markets go up and down based on ...
TIP! Keep an eye on all of the relevant financial news. News items stimulate market speculation causing the currency market to rise and fall. There is a lot ...
TIP! Trade with two accounts. Have one main account for your real trades and one demo account as a test bed. The foreign exchange market is full of flexible ...
TIP! Forex is directly tied to economic conditions, therefore you'll need to take current events into consideration more heavily than you would with the stock ...
TIP! Learning about the currency pair you choose is important. If you waist your time researching every single currency pair, you won't have any time to make ...
TIP! Learning about your chosen currency pairs should be one of your early steps in your forex career. If you are using up all of your time to try to learn ...