Things That May Block Your Trading Success
Here are some reasons why traders lose in the currency market: 1.Traders allow their emotions, greed, hope and assumption to take over their trading. This is probably the most difficult thing for a trader to do is to eliminate those things while in the Forex business. 2. Lack of Education. One of the worst things [...]
September 24th, 2008To Hedge Or Not To Hedge
When I first started trading and heard about hedging I thought it was a great idea. Since then it has been a nightmare on a few occasions until I stopped using that trading method. The only way I have been able to trade out of a hedge was when it was small, less than 20 [...]
September 23rd, 2008BUSINESS INSURANCE… When Trading?
When you have a typical business you buy all kinds of insurance. Examples might be: 1. Workers compensation 2. Property Insurance 3. General Liability Coverage 4. Business owners policies 5. Vehicle insurance 6. Employment Practice Liability Insurance 7. Business Interruption Insurance 8. Key man Insurance 9. Errors and Omissions Insurance 10. Directors and Officers Liability [...]
September 18th, 2008Is 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 5th, 2008Another Way To Stay In Control
I once heard a trader say that after he made some money in his account he would take out the original investment. Then he was only playing with money he didn’t originally have making the losses not hurt as much. It became easier to make money because he had taken the pressure off himself. By [...]
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