A Traders Focus
Have you stopped lately and thought back as to why you are trading. Or do you need to stop and figure out why you want to get into trading in the first place? Is it to build capital or is it to trade full time to replace your income, or for some extra income? WHY [...]
November 17th, 2009Answer To A Question # 17
Question: Your site looks great and seems very informative. I was wondering what the difference is between the Jump Start and Launch pad system that costs money? I’m sure there is value in spending the money on the system, I am just looking for some more details. Also, can you map out an average day [...]
April 1st, 2009Currency Trading Insurance
Here are some examples of Currency Trading Insurances: 1. Use a stop Loss 2. Only trading a small set % or your account 1%, 2%, 3%, 5% on any one trade 3. Only trading a total amount of your account at any one time. 5%, 10% … your choice 4. Keeping the Margin level % above 1000% (you [...]
March 31st, 2009Answer To A Traders Question #7
Question: How much starting capital do I need to trade with (can I start with a small amount and work my way up)? Answer: There are several schools of thought on this. Some say you have to have at least $10,000 to start and it would be better if you have over $25,000. You should [...]
March 6th, 2009Market 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 [...]
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