Beginner’s Guide to Forex Trading
Before starting to trade the Forex, a complete beginner should always open a “demo” account to practice and learn. Often, everything sounds and looks much more difficult than it actually is (except for making money, which can be much more difficult than it looks). [...]
Fundamental Analysis
We are frequently asked whether it is necessary to have an understanding of fundamental analysis and although it is a very important topic, it is a subject widely misunderstood by many traders. If you intend to add fundamental analysis to your forex trading strategy you will need to be aware of what actually drives the forex market [...]
Forex Charts
Technical analysis is a visual, almost artistic skill that traders acquire through practice and time. Different traders like to practice their art on different types of charts. As candlestick charting is the most widely used one among the three types, and Stealth Forex Trading System™ works best on candlestick charts, only this one will be described in details. [...]
Conditions of a Trend
“Trend is my friends and I never go against it.” This is the number 1 rule of every trend-following forex trading system and also the famous advice that forex trainers give to beginner traders. Although I could not agree more with this statement as spotting the trend and riding it is in the heart of this business, it amazes me how very few quality materials on trends circulates the web. [...]
Compounding
Part of the art of successful trading is to never trade with more than 2% of your trading account, but if you compound your winnings (that means leaving them in your trading account) you can gradually trade bigger lot sizes whilst staying at the same risk factor of 2%. [...]