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Forex Articles

Too many people get into forex with a dream of making big money very fast. Yes, it is possible to make a lot of money very quickly trading forex, but more than 90% of all traders lose.

An FPA reviewer known as Sydneysider left a link to the article in The Australian in a review for CMC Markets. One of the review moderators passed it to the AsstModerator, and he asked me to write about it. I’d like to thank all three of them for giving me the opportunity to write this. 

You’ve heard about the various success stories in the forex market, right? Some guy on YouTube or Facebook posted that they were able to transform their $1,000 into half a million. Just imagine, you can earn that kind of money without having to deal with other people, sell goods, or even recruit. So now you’re probably thinking, “Hey, this forex thing is perfect for me! I can’t wait to try it out.”

A forex robot or an expert advisor is a piece of computer software that automatically makes trading decisions on behalf of the trader. Forex robots are designed with inbuilt trading rules, which enable them to enter and exit trades without requiring the physical presence of a trader.

Taking their first steps in financial markets, novice traders inevitably face a choice – which trading platform to use? What are the pros and cons of each online trading terminal? How to avoid making a bad shot? This article will be especially useful for those who want to choose the right trading software.

Believe it or not, forex strategies don’t have to be insanely complicated to make money. With this simple 3 moving averages forex strategy, we’ll help you keep things simple and put you on the path to becoming a consistently profitable forex trader.

If you can’t win the high leverage game of FX trading as a day trader, you may want to learn a few useful practices. They will save your balance from a complete drain. Usually, novices lose their capital in an attempt to make money quickly. Forex demands more effort than just mindless investing. But even the educated traders are not fully protected from occasional losses. The following guide will save you from the most common mistakes and will give a few useful tips to become a successful day trader in the FX market.

While, technically speaking, forex trading is all about knowing what to trade and when, the truth here appears a bit more complex. While we may have the knowledge and be good at something, if we happen to lack motivation, then the potential to succeed is diminished.