March 30th, 2009

Implications for speculators

Click Here for Previous Post 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 [...]

March 12th, 2009

Conclusion

Click Here for Proceeding Post 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 [...]

March 9th, 2009

Trade Mechanics

Click Here for Previous Post 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 [...]

March 6th, 2009

Market Structure

Click Here for Previous Post … 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 [...]

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 [...]

keep looking »