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Best Practices of Forex Day Trading: Cut Your Losses to Minimum

Best Practices of Forex Day Trading: Cut Your Losses to Minimum

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.

day trading
Global Currency Changes Coming Soon

Global Currency Changes Coming Soon

Yesterday, the US Treasury and Federal Reserve announced some new regulations to fix all of America’s financial problems. Buried deep inside was a small reference to activating an obscure “Metals Act” regulation from January 1945.

money
The End of a Scam

The End of a Scam

Two FPA members fell victim to the scam at Legend Trader Limited, a managed forex accounts service based in Hong Kong.

Nine Year Sentence for Forex Fraud. Too harsh or not enough?

Nine Year Sentence for Forex Fraud. Too harsh or not enough?

Joel Nathan Ward used to be a hotshot forex guru with millions of dollars of managed account money under his control. Now, he’s looking at 9 years of hard time in federal prison along with an order to repay $11 million to investors. Is he a sleazy scumbag who should be grateful for such a short sentence, or a good guy who is being denied a chance to make amends for one terrible mistake?

forex scam forex fraud ponzi scheme money laundering
Forex Trading in Switzerland

Forex Trading in Switzerland

Switzerland is one of the richest countries in the world in terms of GDP per capita and the Swiss Franc CHF is among the most popular currencies traded.

The Swiss franc has a reputation of being a safe haven during times of uncertainty and regularly ranks among most traded currencies in the world. This is mostly due to the fact that The Swiss National Bank, which is the Central Bank of Switzerland is actively involved in the forex market to stabilize CHF`s price in as tight range as possible.

Three Scam Brokerages Gone – ForexGen, SigmaForex, VelocityForex

Three Scam Brokerages Gone – ForexGen, SigmaForex, VelocityForex

I’d like to thank the FPA’s Scam Investigations Committee for letting me write this article. I’ve been waiting for this day to come for a long time now.

scam broker forex scam
The Top 4 Simple Forex Trading Strategies That Work

The Top 4 Simple Forex Trading Strategies That Work

Are you searching through simple forex trading strategies, trying to find the one that suits you?
If this sounds like a familiar process, then we’ve got you covered.

forex trading forex strategy forex strategies for beginners
CFTC slaps a broker because of Dodd-Frank Act – The USA Nanny State Rolls On

CFTC slaps a broker because of Dodd-Frank Act – The USA Nanny State Rolls On

I’m never sure if I love to hate the CFTC or hate to love the CFTC. On the one hand, they’ve been really ramping up enforcement actions against scammers that steal money from traders and investors. On the other, they are more than happy to run around wasting time and taxpayer money to restrict the rights of US citizens and residents to deal with brokers from other countries.

cftc dodd-frank act
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