Learning

One of the smartest things you can do in a down cycle is having the ability to switch to an alternative trading strategy. Or even an alternative asset class.

When it comes to the business of financial trading it seems virtually everyone has an opinion. But what are the facts and myths and how does one separate truth from fiction?

Becoming a successful independent trader is something many people aspire to. You can be your own boss, set your own goals, and choose your own schedule.

Central banks use up to one hundred economic indicators, but the following five super indicators are the most important ones for FX traders to understand.

Many people begin online trading with a rush of enthusiasm believing they’re going to make vast sums of money very quickly. But this soon leads to disappointment as reality sets in.

The choice between online brokers has increased dramatically in recent years. When choosing the right broker for you and your particular needs, it is helpful to reivew the terminology, the types of accounts which are available, and the way the broker will handle your orders.

If you don’t have the time, experience or financial means to trade yourself there are ways to profit in forex using guided trading systems.

An automated trading system is one that allows you to “piggyback” the trades from an outside source. It can be a person or a piece of software that implements a certain trading strategy.

The real truth about day trading is much less fanciful, though definitely exciting and certainly capable of making you wealthy if you have the skill, knowledge and temperament.