March 30th, 2009

Implications for speculators

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Trading has been characterized as a zero sum game, and rightly so. If trader A sells a security to trader B and the price goes up, trader A lost money that they otherwise could have made. If it goes down, Trader A made money from trader B’s mistake. Even in a [...]

March 12th, 2009

Conclusion

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Each tier of the Forex market has its own inherent advantages and disadvantages. Depending on your priorities you have to make a choice between what restrictions you can live with and those you cant. Unfortunately, you can’t always get what you want. 
 
By focusing on slippage and spreads, which are the [...]

March 9th, 2009

Trade Mechanics

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It is convenient to believe that in a $2 tril per day market there is always enough liquidity to do what needs to be done. Unfortunately belief does not negate the reality that for every buyer there MUST be a seller or no transaction can occur. When an order is too [...]

March 6th, 2009

Market Structure

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This article is a continuation from a previous post from Darkstar at Forex Factory
Market Structure:
Now that we have established why the market exists, let’s take a look at how the transactions are facilitated:
The top tier of the Forex market is transacted on what is collectively known as [...]

October 9th, 2008

What Size Of A Demo Account Should I Practice With?

I was speaking with a good friend the other day; about demo trading versus live trading, and how to make the transition smooth.  He mentioned that he had not yet started trading live, and that he had been offered by a broker a free demo account with an initial balance of fifty thousand dollars.  He [...]

September 8th, 2008

Dealing With Your Broker

When we refer to our broker we are referring to the people we talk to when we contact that broker.  It may be someone in the funding department, the accounts department, the client services department, or a person placing a trade for us.  In any event they are people.
Yes the broker should be there to [...]

April 21st, 2008

Which Broker Should You Use?

I recently got a question from one of our JumpStart users about why we recommend downloading the Meta Trader (MT) platform from InterbankFX (IBFX).  I’m sure there are others with the same question.  So here it goes:
A company called Meta Quotes out of Russia writes the Meta Trader trading platform. There are many brokers that [...]