Category Archives: Trading Tips

3 Ways Forex Brokers Play Games On You

Although, Forex brokers are supposed to work with you and help you to be successful in the Forex market, some unscrupulous brokers try to play games on you. Here are some of the ways in which the brokers play games on you: Marking Up The PIP Forex brokers are supposed to transfer orders to the banks and then get commissions for every order that they transfer. Commissions are the only way in which the brokers earn money. There are some brokers who add an extra PIP to […]

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How Currency Is Used to Make Money with Forex

We all have our someday. You know what I’m talking about. It’s those times when you say “Someday” I’m going to, We fill in the blank with buy a boat, take a vacation overseas, buy a Hummer, or move to a bigger house. But somehow, life always seems to get in the way and someday goes on hold. Investing in Forex can help you make your someday a reality. No matter if you’re young or old, rich or poor, investment savvy or not, you can make money […]

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How to Choose the Best Forex Currency Market

If you’re not sure how the Forex currency market works and you don’t know all the little details that can make or break you, then it’s best that you start out by choosing just one currency rather than two or three. One currency refers to currency pairs such as the United States Dollar and the Euro (USD/EUR). By the way, the USD is still the most widely traded currency. So how do you know which currency pair is the best one for you to pick? You would […]

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Trade Forex Like a Pro

Even if you currently work forty hours or more at a day job, you still have time to learn how to trade Forex with the same know-how as a professional trader. It doesn’t take much time at all to learn how to trade Forex. First, a little information about what the Forex market is. The Forex market is the largest, most often traded market in the world (the volume is in the trillions of dollars) and because you can trade any time of the day or night, […]

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What Is the Best Forex Trading Strategy?

As with any kind of market trading, the first thing you should do is make sure you know your bottom line-where your stop signs are. Have a limit set firmly in place and as the saying goes,know when to fold ’em. When you’ve hit your goal profit or loss limit, walk away. Forex trading, because of the high probability to earn a great amount of profit in a short amount of time, can be addicting to anyone, so put up safeguards to keep yourself from falling into […]

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The Smart Way to Trade: Automated Forex Trading

When something is automated, especially by machine, it’s taking over what used to be done by a human being. Think about those automated phone systems you run across almost on a daily basis. Yes, they can be difficult to use, but not if you give it the correct input. If you push the right button, you get your results much faster and you get the right information when you need it the most. With this automated Forex trading, if you input the correct insight-your knowledge of the […]

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Precautions to Take When You Start Forex Trading

When you start a business no matter what it is you need to be cautious. Until you gain experience you must not be carefree. When it comes to forex trading precautions are of utmost importance because if you neglect on them you might lose big. The following are some of the important precautions you need to concentrate on. Start trading with just one currency pair Though there are lots of currency pairs on which you could do your trading it is not a wise thing to try […]

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Forex Trading for Total Beginners

Stock investment, binary options, and foreign exchange (Forex) trading – these are some of the popular ways of generating additional income aside from choosing the traditional ways (building a small business or applying for a part-time work). Which do you prefer? Oh, so you’re already familiar with stock investment and binary options. You don’t mind trying them but you would be glad to learn about other potential sources of investment income. And so, your wish is my command! You landed here because you want to know some […]

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