How to Invest in Common Stocks in the Stock Market

By Edmund Valentine

The Stock Market

Investing in the stock market is a risky business. However, there are many areas in which one can invest in and either reduce or increase one risk. Usually, the higher the risk, the higher the reward. The areas of investments are options, mutual funds, common stocks, preferred stocks, governments bonds, etc. Government bonds and mutual funds are the list risky. However, the returns on these investment instruments are very low. Returns usually range from about 3% to 5%. The area in which I am specialized in is common stock and the focus of this article is about investing in common stock. Investing in common stock has a higher risk than government bonds and mutual funds. However, if you do your homework properly and thoroughly you will reduce the risk significantly and the rewards are usually great.

Getting Prepared to Invest in the Stock Market

Before you can invest in the stock market, you will need to open an account with a reputable stock brokerage company. It is preferable to use a bank that has a brokerage division. The reason for this is for you to have easy access to your money. That means, you can transfer money from your brokerage account to your bank account instantly. Otherwise, money has to be mailed to you when you do a withdrawal from your brokerage account.

Next, you need to sign up to have online access to your account. After this is done, you will need to have real time access to the stock market. Most reputable brokerage companies will provide this service to you depends on your deposit. The more money you deposit, the more services you will get for free. Note – you do not need the 15 minutes delay real time stock prices. This is no good to you. You need real time stock prices. Once this is set-up, you are ready to rock and roll.

Common Stock Selection

The Next thing you need to do is to find the stocks that you want to invest in. This part is time consuming. What I did for finding my stocks is as follow: at the end of every business day, I looked at the stock market of interest and look at all the best performing stocks for the day. In doing so, you will get a stock code which is necessary for buying, selling, and researching stocks, etc.

The next thing you want to do is to research each stock that you are interested in. You want to look at financial statements and balance sheet for 5 years. Financial statements will tell you if the company is making money or losing money. Also, a financial statement shows you a company sales trend and expense trend. Therefore, you can determine if a company is growing or not. The balance sheet will tell you if the company has money and assets or if it is in debt. If a company’s liabilities is 25% of all its asset, that is a financial sound company. However, if a company’s liabilities is 75% of its assets, that company is in serious financial debt and will be a very risky investment. To be successful in the stock market, you will need to be knowledgeable about financial statements and balance sheets.

Next, you want to research what a company do as a business. Also, you want to know who are the stock’s holders of a company, who is the CEO(chief executive officer), who is on the board of directors, does the company pays dividend, etc. Also, you want to check all the news headlines about a company for about 5 years. After all this is done and you are satisfied with the company, you put this company in your portfolio. You do the same procedure for each company that you are interested in. Note – you have to diversify your portfolio. Invest in companies that are in different kind of businesses. For example, invest in companies that are in various business segments – mining, manufacturing, services, etc. Once you have a number of companies in your portfolio, you are ready to do business.

Monitor Stock Price

The trick of making money in the stock market is to buy low and sell high. Therefore, timing is very important in the stock market. All stocks have a pattern. There are peaks and valleys in every stock. Certain news, will drive stocks prices down or up. These are the waves that you have to look for. Therefore, you buy on the low and sell on the high. To monitor a stock price, you will have to create a stock chart. Your brokerage company may provide this service. look for stock chart. You may also find stocks charts on Yahoo Finance.com, StockCharts.com, and other similar websites. Once you find the service, all you have to do is to enter the stock code. Next, you will have to select a time frame. You can select the maximum time frame and see what the stock have been doing for a number of years. Next you can select 5 years and see what the stock have been doing for the last 5 years. You can play around with the stock chart to get a feel of the stock. At the end, you want to figure out the stock low and high price. Being able to analyze a stock chart is a very important aspect of investing in the stock market. Acquiring this skill and becoming very good at it is very important for making money in the stock market.

Buying and Selling Stocks

Once you have done all your research, and you are satisfied that you are in a good position to buy, you go ahead and buy.That means that you go online and put in a bid to buy a certain amount of stocks at a certain price. Once your bid goes through, you are now a part owner of a company. All the information about your purchase will be available to you online. Note – the brokerage company will charge you a commission for buying and selling stocks for you. Also, the key to making money in the stock market is to buy stocks in large volume. You do not have to buy all the stocks on one purchase. You can buy in segments. That means, if you want to buy 2000 shares, you can purchase 500 shares on 4 different occasions – buying leverage.

Now you have bought some stocks, you have to keep on monitoring the stock price. Sometimes, the stock price may drop further from where you purchase. Do not panic, as long as you bought in the low range, you will be good. It is very difficult to buy at the exact lowest price and sell at the exact highest price because you will never know for sure what that will be. Stocks have a tendency to hit new lows and new highs. You will have to trust your instincts based on whatever is going on in the news.

The good thing about common stocks is that you can sell them at anytime as long as the price is right to you. So therefore, if your stock hit it lows and it highs on the same day. You can purchase and sell the stock on the same day. I have done that on numerous occasions as a Day Trader. However, this does not happen all the time. Sometimes, you may have to hold the stock for a while before you can sell. The key to the stock market is that you have to monitor the business news all the time. Certain news, will cause the stock prices to either drop or rise and you have to be ready to act. Now, you have the basic knowledge to start investing in the stock market.

Hi my name is Edmund Valentine and I am a 4th year Certified Management Accountant. I worked as an Accountant for 15 plus years, and as a Day Trader for over 10 years. I am also the founder of [http://lifeisspiritual.com]. I do not preach religion. However, I seek peace,happiness, freedom, and prosperity. Life is good.

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The Secret of Success In The Forex Market

By Jeff B Langin

I trade the Forex markets professionally. I’ve been very successful at it. But it didn’t start out that way. In fact, initially I wasn’t successful at all. I was forced to re-evaluate my entire methodology and what I thought I knew.

But it paid off. After a period of re-evaluation, and study, I became very successful. And along the way, I learned some key lessons.

Lesson #1 Extra software and other “bells and whistles” didn’t make me more successful.

When I made the decision to learn the Forex, I studied the various tools available and chose to purchase trading software in addition to my broker’s trading station. Of course this was back when I thought that it was a lot easier to learn to trade the Forex than I had anticipated. As it turns out, the extra software was not necessary at all to successfully trading the Forex.

All trading software programs (even trading platforms) that I have seen are lagging indicators. None of them are crystal balls. When used effectively and understood properly, these indicators can be powerful tools.

You do not need anything else for your trading except a trading station and perhaps price alarms that are supplied by the broker. Most software comes with very pertinent technical indicators already built in. It is pointless (and perhaps detrimental) to go off on tangents and purchase any additional trading software.

This extra software, which is touted to make you more successful, will likely confuse you and sidetrack you from understanding the software you already have and the market you are attempting to learn. It will be counter-productive to your success…so don’t do it. Learning the market, some basics of economics and the software you already have is difficult enough without the extra confusion, discouragement, lost hope and confidence brought on by outside software resources.

Lesson # 2 Learning and mastering the Forex is not easy. It takes commitment, determination and a willingness to assist others.

When I first started trading, I lost over USD $60,000.00 in three months. Was I upset? Of course I was.

However, the fact remains that I was my own worst enemy. I was the one who did not take the time. I was the one who did not delve into the study properly and I was the one who thought this would be a ticket to Easy Street. Indeed, I was the one who was wrong because I did not do what I am telling you all to do.

I pondered this for some time; what had I done wrong? Why was it that there were so many successful traders who made money on a consistent basis? Were they just smarter than me? No they were not. What they were was more patient and more persistent than me. Most did not have the capital I had when they began to learn. Most of them did not even have this additional software and if they did, they did not go out and try to re-invent the wheel like I did by adding in techs and all sorts of things that make a total quagmire out of it.

Yet they succeeded where I did not. I lacked the training and I was, like many other people prone to thinking that it must be harder than this and so I made it harder. I became my own worst enemy. I was lost and needed help.

From that day forward I decided that I would conquer this and I would get through this no matter what I had to do. I would not trade real money until I knew that I was going to succeed. I was on a mission to defeat the beast inside of me who was making me a loser at trading when I was a winner at everything else I’d ever done.

Along the way I studied and with everything that I studied and mastered, I helped out the newcomers on various trading boards. That is what led me to establishing the 4xSuperLights board. I studied night and day. I immersed myself in learning how to trade successfully.

Lesson #3 Even day traders and scalpers must know how to trade long term.

This brings me to a topic that is near and dear to my heart: day traders and scalpers.

It is no coincidence that day traders and scalpers are the first ones to give up on the Forex markets and give up on ever having the idea of becoming consistent, successful traders.

There is nothing wrong with day trading or scalping mind you. Some can be very successful at it. If you are succeeding at scalping and have not learned to trade long term and positional trading then there is no doubt at all that you will not succeed for long. Your ‘luck’ will run out sooner or later.

Scalping is fine. Day trading is fine. However you cannot succeed at this style of trading without a thorough knowledge of how to trade for the bigger gain and of how to stay in a trade for 3 days, two weeks or even a month or 6 months or longer.

That is why seasoned traders do not scalp the small minute charts. It is an exercise in futility. Why would one scalp 10 pips here and there and spend hours doing so when one can take massive pips out of the market and have leisure time to do other things?

Professional traders do not scalp the Forex Markets for 10 or 20 pips. It is considered to be suicidal to do so UNLESS one can trade and stay in a trade successfully for days, weeks and months and have a comprehensive understanding of the ‘trend’ one is trading in.

There are many trends. Trends are very much in the eye of the beholder. Your trading trend can be the hourly, the daily, the weekly, the monthly or the yearly. You have to know all of these trends before you can sort out which one you are currently trading and what style of trader your lifestyle dictates that you should be.

If you are not aware of all of the trends, a stronger trend can easily come by totally unnoticed by you, like a Tsunami and wipe you out of your trade. It’s all too common for traders to enter what they consider to be a trend on a smaller chart, then get knocked out at a loss almost immediately. What they considered to be a trend was simply a retracement off a bigger time frame. Once the retracement ended, the stronger trend clicked back in, ending their trade and taking their money.

Lesson #4 Practice patience and mental focus…and know when not to trade.

For all of you out there who are struggling and who are not getting anywhere, please be patient with your trading, please make sure that you take into consideration that you need to have mental focus when trading along with an understanding of your own emotions and knowing when those emotions are bad for your trading, thereby knowing when you should not be trading due to outside pressures and circumstances in your life that will distract you from being prepared, focused and mentally tough at the trading station.

In addition, learn your trading not from the small minute charts. Learn your trading from the monthly charts down to the weekly and the daily and so on. Please, never, ever ignore these charts. They are your saviors. They will tell you everything you need to know but you need to study them so that your mind is not in a small frame. You have to think in the big frame before you can think in the small frame. That is absolutely Key with capital ‘K’.

Summary: The best advice I ever received.

Some years ago I was struggling like many of you are struggling when I made a lucky connection with a professional trader in Europe. I suppose that I was in a mode where I wanted to stop trading and start learning what the experts were doing. This man’s name was Nicolai and fortunately, he spoke excellent English, was a sympathetic guy and took some time with me.

I will never in my life forget the lesson I learned from him on that day in our short conversation. What he told me in a few short words was essentially the key to my success and the main secret that all traders who are successful follow.

Nic told me that the reason why 99% of new traders give up was simply this: ” Failure to see The Big Picture” .

Now I am passing the baton to all of you. It is the least I can do for anyone who is suffering and staggering along and about to give up hope. I was given that one very special gift by a one time perfect stranger. Now I am giving you the gift as well.

Jeff B Langin
Founder, 1000 Pip Club

Jeff Langin is a successful Forex trader residing in Toronto, Ontario Canada. He is the founder of the 1000 Pip Club and 4XSuper Lights. http://www.1000pipclub.com

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Forex Breakout Systems – Forex Morning Trade Review

By Thad B

Most automatic Forex trading systems out there are designed as scalping systems, which is great if you like taking small profit after small profit from the market, only to lose a huge chunk of it when a losing trade comes along. If you prefer Forex breakout systems and you are searching for one that works, then Forex Morning Trade could be the solution to all your Forex breakout trading needs.

Forex Morning Trade is one of the rare few Forex breakout systems out there on the market at the moment, and is a breath of fresh air because it’s such a simple Forex trading system to use. It has only just been released to the general public since mid 2010, and since then it’s been a well kept secret among a select group of in the know traders. By the end of this Forex Morning Trade review, you’ll know why these Forex insiders are desperate to keep this unique Forex Breakout System a secret from you.

Forex breakout trading is notoriously difficult, because while consolidation periods are frequent occurrences in any currency pair, they aren’t always followed by a significant breakout one way or the other. Some Forex breakout systems only have a win rate of 10-20 percent, with the losing trades being a result of whipsaws and false breakouts that are no stranger to any experienced breakout trader.

The Forex systems community have been crying out for a simple Forex trading system that could break the mold for a long time, and Forex Morning Trade has duly delivered the breath of fresh air that us traders who are sick of yet another Forex scalping system being released into the market. I’ve personally traded Forex Morning Trade, and the results have totally blown me away.

Here’s what I can tell you about Forex Morning Trade without revealing too much proprietary information. Forex Morning Trade only trades once a day just before the London open, which is a well known high volume, high volatility period. It operates with very precise trading criteria, and is based on years of testing and fine tuning of entries, trading times, stop loss width, profit target points, and a very effective Forex breakout indicator.

In terms of trading performance and results, this Forex breakout system boasts a 1:1 risk to reward ratio with a win rate of 60-75 percent, which is the reason for its consistent and reliable results. Over the last 6 months alone, Forex Morning Trade has averaged a steady return of 250-350 pips a month on average, with just one losing month of -90 pips out of the six. This is not just reflected in my own Forex Morning Trade performance, but in many others’ all around the world as well.

So why are the insiders who have been enjoying the exclusive use of Forex Morning Trade so desperate to keep this powerful Forex breakout system out of the public realm? Well, as you know, Forex breakout trading is so effective simply because there isn’t enough volume to absorb the demand coming into the market when the London traders put their orders in, which causes these huge moves that lead to huge profits on our part. Obviously, the more traders who take advantage of this fact profitably, the more the trading edge of Forex Morning Trade is diminished. If the number of traders trading this system hits a critical mass, then eventually the system will become less and less effective until the one day when it inevitably stops working.

Right now, 6 months into the live launch of Forex Morning Trade, this Forex breakout system is still a little known secret of the Forex breakout trading community. All that may soon change however, so before this opportunity passes you by, you owe it to yourself to have a serious look at it and at least give it a good go before it’s too late. If you’re searching for a Forex breakout system that can actually live up to its promises for once, Forex Morning Trade has my highest recommendation.

Thad B. is a Professional Trading Systems Developer who has developed and managed dozens of profitable trading systems over the years for a private hedge fund. Forex trading systems are his passion and expertise, and he has a wealth of helpful resources available for any serious Forex systems trader.

Have you been searching for Forex Breakout Systems [http://www.forexsystemstrader.com/forex-robot-traders/forex-morning-trade-review/] that actually work? Read Thad’s Forex Morning Trade Review [http://www.forexsystemstrader.com/forex-robot-traders/forex-morning-trade-review/] to see why it has his highest recommendation.

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Learn How To Trade Forex – Can A Beginner Make Money In Forex Trading?

By Thad B

Introduction

Contrary to what every Forex ‘expert’ out there would have you believe, it’s not easy to learn how to trade Forex at all. Trading Forex is one of the most challenging skills you can ever set out to learn, which is especially daunting if you’re a beginner just starting out to learn how to trade Forex. If you’re finding it hard to learn how to trade Forex successfully right now, you’re probably wondering: “Can a beginner make money in Forex trading?” By the end of this article, you’ll know what you can do to make money in Forex trading right now.

Can A Beginner Make Money In Forex Trading?

If you have a look around the many Forex websites, forums, seminars and magazines, it seems like everyone’s making millions of dollars trading Forex! The thing is, Forex traders love to talk about their winning trades and make themselves out to be wildly profitable traders, but the reality is that only 5% of Forex traders are consistently making money. Yes, even a beginner can make money in Forex trading, but there’s a big difference between making money in Forex and making a full time income, achieving financial freedom, and building wealth through Forex.

What Stops Beginners From Making An Income

So what’s stopping beginners from making a consistent, long term income from trading Forex? Well, unlike the professional Forex traders working for the big banks and hedge funds, most beginner traders learning to trade Forex aren’t paid a full time salary to immerse themselves in the markets. If you’re just starting out in Forex, then you’ve probably got a full time job that you spend at least 8 hours a day on, and a family and social life outside of that. That means that you have a very real shortage of time to get yourself to the level where you can trade like a pro, and believe me, it takes a lot of time and consistent effort.

It takes years of study, practice and real experience in the markets to learn how to trade Forex successfully, and get to the level where you can consistently make money in Forex trading. Not to mention that you’ll be taking on, for all intents and purposes, an unpaid part time job that will chain you to your computer while you are trading. It’s something that will alienate you from your social circle, and put considerable strain on your family relationships as well. It’s no wonder that most traders wanting to learn how to trade Forex will give up within 3 months, and never make money in Forex trading.

What You Can Do To Make Money In Forex Trading Now

So what can you do to make money in Forex trading right now? The best shortcut I know is to buy a proven Forex trading system to do your trading for you. I’m not going to look you in the eye and tell you that you can just go out there and pick any system and make millions, because that’s simply not true. Profitable trading systems are rare, and you need to choose very carefully. That said, if you can find a trading system that works, you can overcome the biggest challenges any trader faces while they learn how to trade Forex. You’ll be able to gain valuable Forex market experience, preserve your personal relationships and most importantly make money in Forex trading while you learn how to trade Forex.

When you’ve built up the capital and income of your Forex systems operation, and have gathered up valuable trading experience, you may decide to try out trading Forex for yourself. Regardless of whether you trade with an automatic Forex system in the short, medium or long term, it’s a powerful solution that will enable you to make money in Forex trading even if you’re a beginner.

Thad B. is a Professional Trading Systems Developer who has developed and managed dozens of profitable trading systems over the years for a private hedge fund. Forex trading systems are his passion and expertise, and he has a wealth of helpful resources available for any serious Forex systems trader.

Have you been searching for a Profitable Forex Trading System [http://www.forexsystemstrader.com/forex-robot-traders/forex-morning-trade-review/] that actually works? Read Thad’s Forex Morning Trade Review [http://www.forexsystemstrader.com/forex-robot-traders/forex-morning-trade-review/] to see why it has his highest recommendation.

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Getting Started In Forex – The Secret Of The Profitable 5%

By Thad B

Introduction

Ask any Forex trader how to trade Forex if you’re just getting started in Forex and most of them will tell you: Learn how to trade on your own, go through the school of hard knocks and find your way eventually. Heard that before? The sad fact is, 95% of traders don’t make money in Forex, so why take advice that will lead you down that same old path filled with frustration and disappointment? The truth is, anyone can learn a repeatable process for making a Forex passive income… and all it takes is 30 minutes of your time. By the end of this article, you will know the secret of the 5% who do make money, and how you can join them.

What Stops 95% Of Traders From Making Money In Forex?

I can tell you with absolute certainty right now that 95% of Forex traders don’t know how to trade Forex profitably. That’s right, 95% of everyone that you’ve ever encountered in a Forex forum, discussion board or chat room is bleeding money from their trading account right now. And yet the prevailing wisdom that you hear in these circles is still that you’ve got to learn how to trade Forex from scratch, paying your dues like everyone else until one day you magically “get it”. The next time you hear someone tell you that, do yourself a favor by asking them if they are actually making money in Forex.

Talk is cheap, but free advice from someone who doesn’t know what they are talking about can be very expensive to you if you choose to follow it. The truth is, most Forex “traders” don’t know what they are doing at all! They jump from indicator to indicator, from system to system, looking for the magic pill that will cure all of their problems. Who can blame them? After all, these are good, honest people who work hard at their jobs, and want to do their best to provide for their family. They just don’t have the time or energy left over after work to achieve the level of skill that it takes to make a consistent Forex income!

The Secret Of The 5% And How You Can Join Them

Learning how to trade Forex on your own is not the only way that you can start making money in Forex. Anyone who tells you otherwise is either lying or doesn’t know any better. The truth is that all you need to create a passive income from Forex is a proven, profitable Forex trading system. The secret of the 5% of Forex traders who make a consistent Forex passive income is that they have a systematic process in place to earn profits from the Forex markets day in and day out. They know that if they apply the profitable process over and over again, then they’ll achieve the same expected result!

When you’re just getting started in Forex, there’s really no way that you can come up with a proven, profitable Forex trading system on your own. If you choose to follow the “learn how to trade Forex on your own” path, then it will most likely take you 3-5 years to develop a proven, profitable Forex trading system of your own. I don’t know about you, but I don’t go out and take a medical degree if I have a cold. It’s the same thing when it comes to trading Forex profitably: Not every one of us can become a skilled Forex trader earning millions in a year, but we can all leverage on someone else’s skill and experience to profit from the Forex markets.

If only we could hire a professional Forex trader to do all our trading for us while we eat, sleep, play and work. Well, we can! There are Forex trading robots that have been developed based on the skill and experience of Forex traders who have survived the school of hard knocks, and we can literally achieve the same results by getting one of these Forex trading robots to do the trading for us. In fact, thousands of people are already quietly making a Forex passive income simply by running their Forex trading robots while they free themselves to do the things they really enjoy. So what are you waiting for, it’s time to join the lucky 5% and start making some serious Forex passive income of your own!

I’ve been a full time Professional Forex Systems Developer since 2007. Forex trading is my passion, which is why I really love helping anyone to overcome their challenges and become profitable in their own Forex trading. If you’re just getting started in trading Forex, or if you’d like to take your trading to the next level, I’d love to help!

If you’re new to Forex trading and frustrated because what you’re doing right now isn’t working, I can show you how you can make a Forex Passive Income [http://www.forexsystemstrader.com] in just 30 minutes! Everything you need to know is in my free report: Winning With Forex Trading Systems [http://www.forexsystemstrader.com].

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Homemaker’s FAQ on Forex Trading and Forex Trading Signal Service

By Linda Wilkinson

People tend to have many questions when they are presented with something new, especially when it is related to their money. The following are questions that homemakers frequently ask regarding forex trading and forex trading signal service:

Q1: Is forex trading safe?

A1: Trading forex is of course safe. The reason is because today more and more country regulates forex market and they enforce strict rules that every forex broker must follow. As a result, we find that only the good brokers stay in the forex trading industry. On a personal level though, it is up to you to determine the safety of your account. If you trade recklessly then you will find that your capital will drain rapidly. Sometimes it is faster to lose money in forex trading than in casino. Therefore, you need to prepare yourself mentally and acquire lots and lots of knowledge or you can choose to go with hiring a good profitable trader and subscribe to his trading signal service. The latter is by far the faster, easier way to trade forex if you have limited or no knowledge about forex at all.

Q2: Can a homemaker succeed in forex trading?

A2: Of course, you can succeed in forex trading just like other trader. Everyone who trades forex have the same opportunity. In fact, homemakers have more potential to succeed because they have the most flexible schedule and needless to say, they have more time at their disposal than any other newcomer in forex trading. Homemakers usually develop the ability to do multitasking and this is the number one reason they can manage hectic days without a hitch. And actually, people can multitask forex trading if only they know how to do it. First of all, they need to find a genuine forex trading signal service and subscribe to it. Second, just do the things they usually do day in day out. Homemakers don’t answer to any boss so they can use their time in any way they want and do the tasks however they want as long as the finish the tasks. This is why homemakers have the most potential to succeed if they know how to manage their abundant time.

Q3: Do I need to have experience in international finance to start trading forex?

A3: If you decided to trade forex with your own might then you need to go through the learning curve. However, if you join a trading signal service you don’t need to have any experience in trading at all. This is why assisted trading is deemed the easiest way to participate in the forex market. Assisted trading is a term used to describe trading using the assistance of a trading signal service.

Q4: Can someone who only graduates from high school trade forex?

A4: This answer is of course, yes. All you need to do is to find good trader who consistently profit from the market and pay him to let you know what currency pair to trade, when to enter the market and when to exit. If you are humble enough to let someone professional help you then you are fine.

Q5: What do I need to become successful in forex trading?

A5: You need to have a strong commitment, willingness to learn things and diligently update your knowledge or information. Most people fail because they don’t have a strong commitment from the start. Also, many people just don’t have the right kind of information or knowledge.

Q6: Do I need to have a high-tech computer?

A6: Absolutely not. You don’t need to have a computer that look like Star Trek or any other alien spaceship. A computer with 512 RAM, Pentium 4 2.67 Ghz, 80 Gb hard disk drive and windows xp is enough for you to be able to trade forex. However you need to know that it is important not to open multiple programs that consume a lot of resources from your computer or heavy program while you are trading forex. In nature, forex software such as Meta Trader 4 (commonly abbreviated as MT4) is very light and does not require computer with high specification.

Q7: Do I need to have a high-speed internet to trade forex?

A7: Well, it depends on what you mean by high-speed. Generally, an internet connection with 512 Kbps or more is already enough. It doesn’t really matter whether your subscription is DSL or cable. However, you need at least 1 Mbps if you want to incorporate scalping method in your trading because some scalping methods require you to trade using a time frame lower than 1 minute. Moreover, scalpers usually trade during active trading hours (session overlaps or session open). Nonetheless, scalping is not a trading method anyone can use. Also, it is important to note that while trading using wi-fi is not prohibited it is far safer to trade using wired internet connection. The reason is because internet connection loss is rare if you are plugged with a cable rather than using wireless connection.

Q8: What is the best forex broker out there?

A8: Most of today’s brokers are good because of the increasing number of regulations that swept the forex trading industry. The list is long but there are paths that you can follow to determine which broker is the best for you. You can choose to use a forex broker that has a presence in your own country because this will reduce the cost of transferring fund to and from your trading account. You can choose to use a broker outside of your country if you are looking for features that your domestic broker doesn’t have such as higher leverage or the ability to hedge or trade CFDs. Lastly, you can choose to use a forex broker based on the spread they offer. For whatever trading conditions that you require in a forex broker you will most likely find the broker that will suit your need.

Q9: How much money do I need to have to start trading forex?

A9: The first thing you need to remember is forex trading is a business and as with any other business it requires a good business plan and enough capital to start. You have to keep reality in check and don’t expect to enter the business with $250 and turn it to $1 million in a year. Sure, there are people who can make it but certainly not everyone. Generally, a sum of $10,000 is good to start with but many people usually start with as little as $5,000. 10% monthly return on a $10,000 account is $1,000 and it is $500 on a $5,000 account. Of course, with a solid trading plan, a good forex trading signal has the potential to drive more than 10% per month. However, consistency is what you should seek. If you can make 10% per month consistently you will see that your money will grow to a staggering $309,126.81 in 3 years. That’s a growth of 3,091%. so as you can see, 10% is actually great over a span of 3 years. Stick to the goal of 10% per month and you’ll reap the benefit in no time.

Q10: What is the best way to trade forex?

A10: To be brutally honest, the best way to trade forex is by subscribing to a forex trading signal service. Why? The reason is you still have full control of the account but you don’t really need to do the entire task needed to be done in trading. This solution is the best because it is practical especially if you are new to forex trading and know little or nothing about forex trading. When you have more experience you can trade by yourself and in the long run, this is the best way to trade forex. However, it will take time to learn the ropes and build your confidence and gain experience. Moreover, you need to consider the costs that will incur by buying trading literatures. Overall, your costs will include time, effort and money. So the wise decision to make is to subscribe to a forex trading signal service first and learn how to trade forex properly at the same time.

Q11: How does a forex trading signal service works?

A11: The first step is you need to find the service provider that you believe can deliver strong and accurate trading signal. After that, you pay the fee upfront so you can use their service for the next 30 days. The next step is to get familiar with their service and choose the method of delivery for the trading signals. They will then alert you when a good trading opportunity surfaced. Finally, you need to enter the orders exactly as they send and you can stay away from your computer. You will be alerted if the market situation changes so you will be able to protect your profit or even maximize your profit.

Q12: How much time do I need to set aside everyday to trade forex?

A12: You don’t really need to set that much time to trade forex if you are using a forex trading signal service because they will do the analysis and report the result for via email or text message (SMS). All you need to do is check the email or text message that they send which will only take 1 minute to do and then submit the orders from your trading platform. The latter will only take 5 minutes. So in total, you only need less than 10 minutes to trade forex per signal.

Q13: Can I leave my computer when I am trading?

A13: Honestly, you don’t need to stay in front of your computer all day long to trade forex. There are trading methods that are suited for long term trader or medium term trader and those types of trading method do not require you to constantly monitor the market. Moreover, you can use internal function in the trading platform to alert you when price crossed the price you desired. There are also indicators that have built-in alert so you know when price reacts in a certain way calculated by the indicator.

Q14: Is there any proof that a homemaker ever succeeded in trading?

A14: Well, you won’t be able to find out every single one of them on the net. The reason might be that they don’t want to be known by the public or the media only hunt real life stories that can increase their media circulation (or attract traffic to their website). However, you will find a few of them if you search using Google. Just use the keyword housewives trading forex or any combination of similar keywords. There are popular stories around the net regarding homemakers succeeding in forex trading and the most popular of them is Ms. Torii from Japan.

Q15: Is there a good forex trading signal service that I can subscribe to?

A15: Absolutely. There are many forex trading signal services out there but in order to profit, you need to find the genuine one. Of course, it is not an easy task to find it because they all claim to have delivered profitable forex trading signals to many people. In all honesty not all of them can back their claim with real result. Moreover, subscribing to a genuine forex trading signal service alone will not guarantee that you will profit. There are certain things that you can do to optimize the result of your trading. You can go here if you want to read about it.

I hope you can find the answer that you are looking for but more importantly, I hope that the answers can remove your doubt so you can enter the world of opportunities and start making money from the forex market.

Surely, there are a lot more questions than those listed above. However, asking too many questions will not get you anywhere. So instead of asking questions you can use that energy in learning how to do this business properly [http://www.reliableforextradingsignalservice.com/]. Ultimately only the doers will succeed in any business. So remove the doubt, give yourself a chance and take action [http://www.forextradingsignalserviceforhomemaker.info/] because you have the potential to succeed in the trading world.

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Forex Money Manager – Have You Considered This Option?

By Sophie Delhio

Forex Money Managers are online managed Forex accounts that offer to manage, trade the markets on behalf of clients in Forex. Forex fund managers are ready to provide their services to you. It goes without saying that this option gives investors a great number of advantages due to the fact that vast majority of managed Forex accounts make more cash when compared with ordinary retail investors.

For an average retail Forex trader who is just starting out in Forex trading, it forms a rather difficult activity to master Forex trading. Most novice Forex traders fail within a couple of months. It must be pointed out that most novice Forex traders lose money not only when trading currencies but also when dealing with managed Forex accounts which fail to be reputable. The problem is that finding a really reputable and high performing money manager is rather a challenging exercise but worth the efforts

Benefits of a Forex money manager
The significant benefits of choosing to invest through Forex fund managers is that investors don’t need to come to the table with huge investments in order to access this particular managed Forex accounts. The general assumption is that a vast majority of managed Forex accounts require investors to invest at least one million dollars. While this is true, but in most cases managed Forex accounts require only a $5,000 approximately to get started. One of the key benefits of managed Forex accounts is that an investor retains the full control over their investment.

A Forex fund manager is one of the most sought after commodity, as more people look to the Forex markets to increase returns on their portfolios. So why hire a Forex money manager to look after your funds? in the first instance, it is the belief that they will make you money. So what would compel investors to choose a Forex money manager and how, in practice, can a Forex money manager help to assist an investor get superior returns? The fact that investors get the ability to access the complex and volatile world Forex trading with a small amount well managed in expert hangs with low deposits of $5,000 gets you in to most managed Forex accounts.

Forex money managers offer retail investors a lot of possibilities to invest in the Forex market, where before they just didn’t exist. Finding a reputable and high performing foreign exchange manager can sometimes be hard, but it well worth the search.

Why choose a Forex money manager
Having your investment looked after by a Forex money manager offers a variety of possibilities and advantages for the retail investor. Most Forex fund managers do make more money than an ordinary retail investor. Questions as to why so many people are now investing with a Forex money manager or why hire a Forex money manager to look after your funds are best answered below

  • In the first instance, it is the belief that they will make you money
  • On average most novice Forex traders tend to lose their investments with the first 3 months
  • Investors either tend to switch back to investing in stocks, or can look to find a suitable Forex money manager to manage their money in the Forex market.

Finding a decent and high performing foreign currency manager can sometimes be hard, but it well worth the search.

So what is so great about these so called managed Forex accounts? Opting to make use of a managed Forex account gives investors the access to quality Forex fund managers who have the requisite experience. On the higher end of the scale, there are fund managers that require investors to put in atleast a minimum of a million dollars, but at the same time a majority of managed Forex accounts seek retail investors to access the potential gains of the currency market with as little as $5,000.

So what are the advantages of investing in a managed Forex account, and how, in practice, can a Forex money manager help to assist an investor get superior returns? For starters, investors don’t need to be a millionaire to access a managed Forex account. However, with the majority of managed Forex accounts, retail investors can access the potential high returns of the currency market with as little as $5000.

Forex money managers are paid a percentage of the profits they generate. For example, if you make $100 in the Forex market, the manager might keep $20 or $30 of it as a performance fee. Although the performance fees might seem a bit too high, remember that you might not have made any profit in the first place if not for trading with the help of a Forex money manager. And in the same note, if the Forex money manager does not make any money in your account, you typically do not have to pay for the service. This is basically a no win no gain kind of a business model and a choice that novice traders with disposable investments can look to in order to maximize their returns.

Sophie is an editor with ForexPromos.com a leading financial and investment portal for forex and binary options trading. With daily market analysis, currency technical and fundamental analysis and breaking business news, visit ForexPromos.com to gain an insight into the Forex, currency and binary options markets.

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New Automated Forex Software – Key Buying Features For Forex Traders

By Vince Doug Low

Any new automated forex software to the market will come as a breath of fresh air to Forex traders particularly if there hasn’t been a new release on the market for a while. Traders will be well aware that the launching of a new automated Forex software package will often mean new, innovative and creative time tested formula’s for selecting even more profitable trades.

Without a doubt Forex traders expectations will be that a new product introduced to the market will be able to assist them increase their ability to achieve still higher returns on their investments in the Forex markets whether they be experienced or novice Fx traders.

Working Smarter

Given that Forex traders live in a world dominated and constrained by time, working smarter, faster and more efficiently is the generally accepted catch phrase of successful traders and has been for some-time now. They say that information is power and in the forex markets that is certainly applicable and is the key to trading profitably. That being said it would be perfectly logical to assume that those that have access to information first will be the first to capitalize.

Smart traders will already have a working plan and strategies in place to ensure profitable trades, however the smart trader also recognizes that one never stops learning and there is always something new to learn. The day a trader stops learning is the day he/she needs to seriously look at giving the game away because there is only one direction from that position and that is backwards.

For the serious and smarter players however they are always on the lookout for tools that can give them an edge over millions of other players in the Forex markets. New automated Forex systems are definitely one way to go. There have been a number of good automated systems on the market, however some are now a little dated and will need to be modified to include some of the latest information technologies.

Check out the Developers

Developers usually come from backgrounds in the Forex markets or program development fields. They will either have both the skills and backgrounds to enable them to create an automated forex software package themselves or they will collaborate with others that have complimentary skills to undertake such a project.

This is important to Forex traders when assessing or evaluating a new product on the market. Credibility of newly introduced software to the market is vitally important. The more experience and knowledge the developers have of the Forex markets and program development the more credibility they will have.

Developers will always undertake rigorous research before embarking on a project such as this, including long periods of back testing and a thorough analysis of other leading automotive Forex software on the market. The goal being, to bring something new and exciting to the market, something a little more advanced and more profitable than their nearest rival or competitor. Having that competitive edge over rivals is ultimately what forex traders are looking for.

What traders are seeking

Traders are looking for ways to make their job easier. They are constantly on the lookout for automated Forex software systems that will not only have all the features that existing products provide but also something new and innovative that can improve their existing positions finacially. The whole idea of introducing a new product to the market from a developers point of view is that they have recognized a gap in the market that is not being serviced or provided for. If the product can produce this it will have a competitive edge and will have a major point of difference over its competitors.

Additional to these points traders want automated forex software that is relatively easy to use, affordable and will add value to a traders existing position. Having these benefits in place for traders will undoubtedly have potential users reviewing the developers product with meticulous care in anticipation of what this could mean to their future online business success.

It will be the very reason that Forex traders will be interested in purchasing any new automated Forex software product to the market. If the new product cannot meet these requirements the undertaking would have been a waste of time.

Positive Features To Look For

• The automated Forex software package no matter how sophisticated should be relatively simple to use, easy to understand and uncomplicated. Software designed to take away tasks that would normally have to be done manually by the novice or experienced trader. This is a major benefit for any Forex trader.

• The automated Forex software will be programmed to generate above average returns making it even more appealing. The software theoretically, should be the answer to anyone having money problems as was recently stated by one promoter.

• The automated Forex software will be programmed to inform a Forex trader exactly what to trade and when to trade with mathematical precision taking the risk out of any trades that a trader in the past may have been unsure of.

• This automated Forex software will be programmed to not only determine the best time to buy but is able to predict that when a purchase is made, the price will go up and the Forex trader will profit from the trade.

• The automated Forex software will be programmed in such a way that even Forex traders with no previous experience can get involved in the $4+ trillion a day huge Forex market. Having access to automated Forex software that can do all the hard analysis work for traders makes it a must have tool. This has got to be one of its biggest features.

The big question in most Forex traders minds will be, what’s this software’s point of difference? Is it any different from similar products on the market and if so how? Will it add value to their present situation, is it easy to use, cost effective? etc. The answers to these questions will ultimately determine whether Forex traders will add this new automated Forex software to their existing armor of Forex trading tools.

Conclusion

There will always be a demand for products or services that can help Forex traders achieve their business goals much faster. A new automated Forex software should be programmed to provide Forex traders with the opportunity to turn a few dollars into hundreds and hundreds into thousands with a few clicks on the mouse.

Obviously the trader will need to be shown how to use the new software including features like how it interpret insider, buying and selling signals. Providing easily understood cutting-edge training manuals and video’s is essential for to get a new system up and running so that traders can generate cash returns in quick time.

Before making a buying decision Forex Traders should be prepared to look at the top three products on the market and after a thorough review eliminate two based on some basic criteria and go with the option left.

Make sure to get your Free Report [http://itm-financial.com/get-free-report/] (before you make that important buying decision) on how to easily decide on a winning automated Forex software [http://itm-financial.com/get-free-report/] in the Forex market by applying 3 basic criteria.

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What Forex Signal Providers and Forex Mentors Really Provide!

By Adam Weil

As you may have reached this topic by chance, a Forex expert trader has first engaged into the Forex World by chance too!

A Forex junior trader who would be a professional trader in the future would probably pass through a few stages, starting from the first acquaintance on the Forex environment, by passing through scattered information about Forex on the internet, reading some Forex Books for a while then taking decision to start trading.

If you have reached this stage, you have just started your Forex trip, and any Forex expert trader would then strongly advise you not to trade with your real money, this is an advanced stage, you can test your trading skills after adequate learning about Forex on a Demo account, while this doesn’t really reflects what would exactly happen if you started trading on a real money account, but it could give you a general idea and recognition of the Forex market environment and behavior and how you would react to it.

Many failures may occur starting from now, and many Forex traders at this stage choose to quit and look for another source of income, but that Forex expert trader didn’t!

Others may would doubted know the real Forex and think to try some Forex mentors to get some advanced information and tactics about Forex Trading, these Forex mentors are many but not all of them are useful, the provide various kinds of services depending on the honesty and level of experience of each of them, services provided by them include:

  • Forex signals: These are periodic Forex Market reflective alerts, sent to the service subscriber in time to recommend buying or selling a certain pair of currency, this is so useful for those who don’t care about knowledge or taking decisions and just willing to start a profitable career, but this is a kind of dependency with its known disadvantages.A Stop Loss and Take profit values are so important in a Forex Signal, if not, the Forex signal would be useless for you, Some providers don’t include the Stop Loss or Take profit in their signals arguing that their signals are frequently updated! Omni Forex Signals is one of them.
  • Trade copying: This enables you to have the service provider live own trades into your account Vladimir’s Forex Signals provides this feature in an automated form.
  • Live Trading community: The service providers also can offer a private room for the subscribers where they share their trading strategies, market analysis and trades with them Vladimir’s Forex Signals has a premium Live Trading Room too.
  • Forex Webinars: These Forex webinars are very important tool that makes you so close to the way a webinar admin thinks and takes decisions trading live while you can ask him any question in the chat box, Investor Inspiration, Daily Dollar Trading Prediction and Vladimir’s Forex Signals have their own expert traders Forex webinars allover the day.
  • Downloadable Educational Tools: Some Forex Mentors allow their members to access a prepared collection of educational videos and Forex books online and download them to enrich their knowledge, Forex Mentor PRO has a huge library of such educational media.
  • Downloadable Trading Tools and Metatrader addons: Some Forex Mentors like Forex Mentor PRO has its own coded trading tools that the give access to them for their subscribers, these tool could be very useful.
  • Programing Service: This is a bonus feature that not all signals provides have, if provided, they can convert your own strategies or trading ideas for you into an automated tool to be applied to Mt4 platform and runs your trades automatically, Vladimir’s Forex Signals provides that feature.
  • Shared Real Accounts: This is a bonus feature too, it’s simply a Forex account traded by a group of experienced traders with its revenue divided on all the service provider Vladimir’s Forex Signals have a Shared Members’ Real Account too.

Every experienced trader owns a special skill that he tries to show to others and prove that he is the most skillful, so we will find something new every day in the Forex World!

This is not the END!

Forex Robot Reviews is an expert Forex trading experienced team with long lasting good reputation as Forex trading strategy analyzers.

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10 Most Frequently Asked Questions on Forex

By Matthew N Stamper

1. What is the best Forex platform?

There is no one way to answer such a question. This will of course depend on the trader, in accordance with his preference, knowledge, experience as well as what he intends to trade (which financial instrument). Many intermediate-experienced traders, especially when trading on the currency market, prefer to use platforms such as MT4 or C-Trader which are designed mostly for Forex trading, as well as CFD trading, and for someone with some knowledge of the trading market.

Others, more novice traders would prefer the use of such platforms as ones found from Easy-Forex, iForex, or eToro, where limited math/ computational knowledge is required for their use and are a lot more straightforward to use.

More advanced/ experienced traders, which may also prefer access to multiple markets would prefer to use such brokers as Interactive Brokers or SAXO Bank’s SAXO Trader. Such platforms usually contain much more advanced charting/ analytical tools (although to be fair most analytical tools can also be obtained from MT4/ C-Trader) and also give access to thousands of instruments including Equities, ETF’s, Swaps trading etc; and are designed with the ability to effectively allow traders to partake in such markets.

2. Forex Trader: What is the best way to do forex trading?

If you’ve looked into trading forex then you have most doubtable been exposed to all the various opportunities to make money and are wondering which is the best way to learn forex trading. First of all, the foremost thing I would advise is to get a Forex Education. There are countless material on Forex in the internet for newcomers as well as experienced traders – all you need to do is search. Spend some time reading up on how forex trading works, the concepts behind trades and how prices are impacted by economic and political conditions.

Secondly you must get some experience, if you want to learn forex trading, it’s the only way. To begin with it is prudent for this to be on a demo account. This will give you a good technical foundation on the mechanics of making forex trades and get used to using a trading platform.

After having traded for some time on a demo account it is very important to also use a Real one, albeit with little investment amount – find a broker that will accept lower sized trades (0.01 lots for FX) so that you can get a real feel for the live market. It is a whole different game trading on a demo and real platform, due to the psychological effect that trading with real money has. Trading small will allow you to put your money on the line, but at little risk if you make mistakes or lose money.

From there, provided you are gaining more than you are losing, you should gradually increase your trading size and invested capital, always keeping in mind it should be an amount you can afford to lose and which you feel comfortable with.

3. What is the best forex trading software?

There are a number of Forex Trading software available, all with their specific advantages and disadvantages. Many trading companies have built their own platforms while others prefer to use, and in effect White Label, existing solutions which are commonly known within the industry.

To say which one is best would be invalid as this falls on the opinion of the individual user, however there has been a clear trend in terms of popular platforms, which have proven to be favored among both novice and veteran traders. These platforms are the Metatrader 4 and C-Trader. The former has been built primarily for Forex products, while the latter has been designed to accompany other instruments such as Equities and ETF’s. Both platforms are easy to use and master and come complete with full charting and technical analysis capabilities.

4. Forex Trader: How can one be a good forex trader?

If it was to be summed up in one word, the key to a good forex trader is discipline. Yes there are many things to learn and know before you make any trades or get involved in the financial industry, but one thing that must stay consistent throughout is discipline. Discipline in learning, in making your first trades and in sticking with your plan.

The basics that all new traders should follow are:

– Learn about Forex – there is an abundance of material on the net. Spend a good 1 month learning. Study Technical and fundamental analysis. Your learning should continue well into your trading and be ongoing.

– Come up with a strategy – Set rules that will determine your trading pattern and how you will enter and exit the market.

– Practice on a Demo – Open a demo account and trade as if for real. Of course this will not be ‘exactly’ as if you were trading on a real, due to the fact that fear of losing would not weigh in on your decisions. Do not proceed to the next step unless you can make a profit on the demo first.

– Practice on a real account with small amount – Do this so as to be able to understand the difference between trading with real money and trading on demo. Do this with substantially a small amount, but enough so that you are concerned over losing it.

– Trade on real account with substantial amount – Do this with an amount you are ‘comfortable’ to completely lose. Even if your strategy worked on the demo and on a real with a small amount it may not continue to do so in future. Stick to your strategy (have complete discipline). If you see the strategy is failing, then adjust your strategy accordingly, but stick to it (to the pip) at all times once it has been decided.

5. Foreign Exchange Market: Is it possible for an amateur forex trader to make sustainable profits trading forex?

Many Traders have made a living off of trading Forex and some have had very wealthy returns which have allowed them to become self-employed and leave the 9-5 work behind them. All of these traders have 1 thing in common – they all started out as an amateur forex trader! No one is born with the trading know-how; it is achieved through dedication and discipline.

So Yes! an amateur forex trader can indeed make sustainable profits from trading forex. As long as he is willing to put in the effort and has the discipline to follow through with such a commitment then there is no reason why he cannot do what others have done before him in the same shoes.

6. Forex Trader: Who is the best forex trader?

There is no one best Forex Trader – or at least there is no clear way to measure this (is it the amount one has won or the % gained from it). Also as many of the top forex traders in the world do not trade with their own money but instead funds and Company capital, it means that different psychological and risk appetite conditions exist for different traders and as such makes it bias to compare such traders success with those who trade with their own capital.

The one thing to know is that what a lot of Forex traders do have in common is their appetite for success, their diversified portfolio and willingness to take measured risk.

7. Has anyone ever made money trading FOREX?

Yes! Not only have people made money trading Forex but many have made a livelihood!

Although the majority of retail traders would not have as much success as professionals would, this is largely attributed to poor money management strategies and lack of discipline in sticking with their strategy.

With 100% discipline and a good money management strategy, there is no reason why anyone should not have a good chance in making money from trading Forex.

8. Is FOREX the best way to invest money?

It is hard to say if it would be the Best as there are numerous ways of investing money and would largely depend on what the individual is familiar with; however it is one of the best, largely to the fact that unlike stocks/ housing market – an investor can make money regardless of the how the instrument is doing by both selling/ buying that instrument (or doing both – known as hedging).

In the Stock market it is only possible to invest in the success of a stock – however in Forex you can both buy/ sell a certain currency against another and hence there is always a possibility for profit to be made.

Also the fact that Forex is commonly traded on leverage, it allows Forex trading to become one of the most volatile and hence allows for higher profits (as well as losses) to be made – if traded correctly.

9. Foreign Exchange Market: What are the best forex blogs?

There are a number of locations on the web to find a great forex related blog, in fact many brokers have their own blogs also; but in order to remain unbiased I will recommend a non-broker blog. One of the most useful blogs for both novice and veteran traders alike is at babypips.com – there is a regular update on current market movement as well as an abundance of information and back-forth ideas being expressed.

10. Why do individual investors usually lose money in Forex?

The majority of retail investors end up losing money in Forex. In spite of the fact that they may receive the right training and educative material (or at least the same as some other successful traders may receive) many often fail due to bad money management rules and/or lack of discipline. The latter is the most often.

The hardest thing in Forex is not making the calculations or predicting where to enter, how much to trade and/or what your limits should be; it is sticking to your strategy and following through with 100% discipline.

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