It is common knowledge that Forex trading is highly risky. But if you look at the statistical facts, trading Forex over long duration with a 1:1 risk reward ratio, even without any strategy or trading edge should be effective at bringing in 50% chance of success. Thus, maximum number of Forex traders should just about breakeven. But the real picture of the Forex trading … [Read more...] about 6 Enemies Plotting to Destroy Your Forex Trading Success
Missing Context Could Be Suicide in Price Action Trading
Imagine this situation where you had a gut feeling about a price action signal to be perfect and you went ahead and used it but it exploded right in your face after entering the trade. There is no doubt that such a situation would leave you baffled, furious and desperate to investigate what went wrong here. I am sure you heard the phrase “missing the woods for the tree” … [Read more...] about Missing Context Could Be Suicide in Price Action Trading
Why You Must Run If Asked to Buy Automated Forex Trading Systems and Robots
When you are right in the middle of searching for important information related to Forex trading or Forex market online, you suddenly start seeing numerous advertisements. Most of them tend to talk about the same kind of stuff, albeit with different brand names or trade names. It has become so common nowadays to get inundated by online advertisements that are promoting … [Read more...] about Why You Must Run If Asked to Buy Automated Forex Trading Systems and Robots
The 4 Nails You Are Driving into Your Forex Trading Coffin
If I told you that you are driving nails into your own Forex trading account’s coffin, how would you react? Well, I am not exaggerating when I make this statement and you will totally agree with my viewpoint by the time you finish reading this post today. In case you are still puzzled and have not yet understood what the heck I am talking about, then let me give you a quick … [Read more...] about The 4 Nails You Are Driving into Your Forex Trading Coffin
Forex Trader’s Guide to Sidestepping the Over-trading Pit
'To err is human’. Forex traders also make mistakes because after all they too are human. While there are quite a lot of mistakes that each trader may commit during his / her trading encounters, there is a common one that binds all of the traders together. Well, this common blunder is a very notorious culprit called ‘over-trading’. Yeah, most of us have been there and done … [Read more...] about Forex Trader’s Guide to Sidestepping the Over-trading Pit