How to Choose a Broker – The forex broker that you use can significantly affect your trading success. There are two types of forex brokers: market makers and ECNs. But in practice things are not so clear-cut – there are market makers out there who falsely market themselves as not having dealing desks, while there[…]

Before you enter into a position, you need to know – beforehand – when you are going to exit the market. A trader is not going to hold onto a position indefinitely, that’s for sure.   Knowing the time frame of how long you wish to hold onto your open position will determine your exit[…]

Forex Market Unique Characteristics – There are many opportunities for you to profit from the forex market.   For example, if you have an opinion that the Euro is going to rise in value against the US dollar, you can “long” the EUR/USD, which means to buy the pair in the hope that the exchange[…]

If I study hard and learn as much about Forex as you can, why do I still fail and lose money?… There are so many tools available. Signals, robots, calendars, it seems endless. I’m just now trying to learn the Forex market and quite honestly I’m confused. Pretty good question. Let me give you a[…]