Recent content by NicholasM

Many traders are overexcited at the opportunity of making money from Forex Trading and often jump into opening and funding accounts without making a thorough review of the broker in question. As for country specific brokers, I think this is done to benefit the trader in the form of financial...

This can vary depending on which side you are on. i.e if you are the manager, it is going to take a lot more than just the simple trading plan that most traders have because here, we are talking of a portfolio of clients with varying requirements, goals and capital.

That depends with what else you do aside from trading, because if you are a pilot then this could be very tricky for you. But generally, I think the best things is to plan well your trading hours/days such that you give enough time to your trading depending on your strategy.

This is similar to starting a business without a business plan, which is of the main reason why many start-ups fail, or remain small for eternity. As such, if your are serious about trading, then a trading plan is crucial.

I like to think of all bonuses as "mouse trap" not literally, but I have witnessed stories of traders accusing their brokers of withholding funds unnecessarily only because they did not understand the bonus policy when signing up.

If anyone goes to trade Forex without a trading plan he/she will most likely be out of the market before they know it. You must have goals and objectives which define the basis of you trading strategy, including risk levels, trading times/time frames, trading style (day trader, swing trader...

Hello dadi, I have not done the course by Nial Fuller, but I think you could learn more about his course (Learn to Trade The market) on ForexCoursesReviewed.Com, where there is a comprehensive review. The course has decent rating as well, so I think this might be useful, if you are still looking...

Well, so now that Crude Oil Futures are up 6.1% , On the other hand, the WTI Crude Oil sank 1.93%. This is a perplexing scenario for a news trader, I am going to stay on the sidelines and wait for a shorting opportunity.

We retail traders are nothing more but pawns in a game of Chase played by broker dealers in High Frequency Trading. It dark pools and sub-pennying weren't abused, we would be talking of a larger number of successful retail traders.

Interesting.. I never really expected much of a fightback from the Euro regardless of the Jobs data outcome. Traders have a bullish bias on the greenbuck and as soon as it hit that psychological barrier, it was most likely going to rebound. Early in the week, I opened a short limit order at...

I am trying to find a middle ground. I get very excited at times when I make big wins, but very disappointed and often indecisive when things head south. But over the last few months I have been trying to find a middle ground--Avoid Over excitement and be calm when things head south. So far, I...

Thank you for bringing this to light. A couple of months back a company claiming to be associated with ICM tried to make me one of their IBs out of the blue.. contacted me via LinkedIn, but then I had my doubts and decided to sit on the offer for a while. I was going to make my decision soon...

That's probably because the email came from general support, and not the department responsible for closing/suspending your account. But all the same, that email is pretty dry! T&Cs always a very important element that every trader should understand fully before opening an account with a...

Thank you for giving us a heads up. I will personally check their background and possible scam reports because incidentally, I was planning to open an account with them to test their social trading platform. Well as it turns out, I might have to wait a little bit longer.

Yes, but as Yellen pointed out, it will be a gradual increment, perhaps in phases, and I kind of think this will be much better for the Forex Market than a one time huge hike.