Traders may wonder what is the real goal of brokers when they organize a competition for traders and forex trading systems. Is it really the fame, buzz and hype that drive them? Or is it just another way to collect the contact of future customers? The answer is no. Brokers are much smarter and devious [...]
I have taken part in a great deal of forex trading competitions just to see the methods how the brokerage firms try to bribe and toll their potential future customers. Do not misunderstand what I am saying, there is nothing wrong with these competitions. Moreover, these are wonderful opportunities to test a new platform, the [...]
Is it possible to find a way to reduce the time it takes to learn how to successfully trade foreign currencies – Fast Tracking? The answer to this is YES, but with a proviso. First you need to ask yourself a very important question. Why do I want to learn to trade foreign currencies? If [...]
How much risk is actually involved in trading Forex? Is it any riskier than engaging in any other kind of business? We take a look at what risk really means to you. Time and time again I hear the statement that trading on a margin account is a risky business. In fact the NFA and [...]
You may decide to develop your own trading system or you may prefer to purchase one that has already been developed for use and has a proven track record. In this article we will look at the basics of developing your own trading system. In essence a trading system is any set of rules that [...]