Tags Posts tagged with "Forex 101"

Forex 101

Signals and expert advisor systems


Learning forex by using expert advisors or signals has certain advantages over trading yourself. You see profitable strategies first hand, and secondly you have real money at play.

Right mental attitude


Even the best trading systems lose money unless they are executed mechanically and without emotion. Staying mentally focused is one of the most difficult skills for new forex traders.


At the most basic level, the forex market is a market with exceedingly high volatility, which leads to its inherently high risk being mitigated by the lure of high rewards.

Do you research when deciding on a broker


One of the most critical decisions you will make as a beginning trader will be in choosing your forex broker. The forex market is a highly volatile market, host to many subtle complexities, and a beginning trader may become so overwhelmed that they neglect to research one of the most important aspects of their trading.