Is Your Money Safe?
In today’s world the question ‘Is your money safe?’ is a very valid question. We wanted to share with you the latest video from Terry Savage at the MoneyShow.com. We found that it offers some great advice for how to keep your money safe and some great resources to understand what you need to know. [...]
September 16th, 2008Market Guessing Game
I found this amusing. I was asked to go to this chat forum and see what they were saying about the market. Here are four of the comments I saw.
Hi, I join the tread started by ……. and ask you guys the same question about GBPUSD the coming week, any views on where we are [...]
Feel Stuck With Your Trading?
If you feel stuck in your trading you don’t seem to be able to make any considerable progress. Maybe you are lousing a little then maybe you should go through your mission statement and business plans again. Review these and reacquaint yourself with what you’re trying to accomplish.
Maybe, you need to get back to basics [...]
How do I install Multiple platforms?
This post is to give the instructions for downloading a 2nd version of the MT4 trading platform. In the next Post you can find the instructions of how to move profiles, templates, indicators, etc to another platform.
1. To install multiple platforms: Use normal procedures to install the platform the first time. Use this link: http://www.ibfx.com/downloads/MT4.exe.
2. [...]
Traders Don’t Change Because… Traders Can Change If…
I came across a couple of quotes I want to share with you:
“Wall Street never changes, the pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never changes” Jesse Livermore
“In order to make a success, the trader must act in a way to overcome the weak points that [...]
The Top News Announcements You Should Be Aware Of
At the time of these announcements there is a high probability that the market will make a significant move. We do not trade the news, but we do trade after the news has been announced and when an entry signal appears.
Consumer Price Index for the USA
USA Non-Farm Payrolls
USA New Home sales
USA Existing Home Sales
International Trade [...]
False Sense Of Security May Cost You
A trader can be in a trade that goes down but is only a little against him. He has his stop on at a comfortable level but he knows the trade is wrong but stays in because the stop has not been hit. Since he has not been stopped out he holds on thinking it [...]
August 22nd, 2008How Much Of My Account Should I Risk?
When a trader first starts to trade there are many things to learn like:
1. How to use the platform
2. Which trading style I should use
3. Which indicators should I use
4. What time frames best meet my life schedule
5. How much money should I trade with
6. How much should I place on each trade
7. How much [...]
How The Currency Market Stacks Up
I was reading an article in e-FOREX magazine. It was talking about a survey that was taken that highlights the activity of the foreign currency market. It said “Did you know that the market in daily Foreign Exchange volume is bigger than those of OTC Interest Rates, Us Treasuries, Us Equities and Europe, Middle East [...]
August 14th, 2008Which Is Best: Trading on Offense or Defense?
We have all been told that we should only trade with money we can afford to lose. This does not mean to be wild and care free with your trading money. So we do not want to think of our trading account as money you can afford to lose. We just have to know that [...]
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