Forex Options Trading is not like Stock Market options, they are very different in their uniqueness and therefore investors find it a lot more attractive than stock trading. Read the rest of this entry »

In the first week of May 2010 this was roughly the Forex scene - dollar was strong and continued to strengthen riding on the back of risk appetite. Euro was weakening across the board amidst Greek contagion fears. Then there was British Pound extending itself and declining ahead of election. Read the rest of this entry »

Scientific research has proved that abundance of natural talent has hardly ever spelt great success. But painful and demanding practice and hard work has produced many successful traders who have and continue to make money in the forex market. Read the rest of this entry »

Estimates and reports claim that only 5% of traders end up with consistent profits. Why is that? Why do 95% people end up losing money? There is some objective reason why some traders make money and others lose it. Some people say luck plays a role, but I feel these are really gamblers, not traders, and so they talk about luck. Sooner or later, this luck runs out, leaving them with big holes in their pockets. Read the rest of this entry »

Irrespective of what you may have been made to believe about day trading – that it can be a pretty easy and lucrative way to make a living or build wealth from the convenience of your home, with just a personal computer with web access etc – its more than that. People have begun to realize that though whatever is said may be true to a great extent nothing is ever so simple. Day trading may be lucrative but not easy. Read the rest of this entry »

Every trader needs a mentor. A sober third party with some wisdom who is qualified and experience to provide input, advice, direction or just a different point of view to an individual learning the ropes of trading. A mentor could help a trader through various phases - whether it is a return to basics or just a different way of thinking about a particular idea. Read the rest of this entry »

You’ve heard that playing the market is a mathematical game. Plug in the right numbers, make the right calculations and you’ll come out ahead. So why is it that so many traders end up on the losing end of the market? After all, everyone has access to the same numbers, the same data, the same info – if it’s math, there’s only one right answer, right? Read the rest of this entry »

Majority of individuals calling themselves forex traders are a nervous lot. With limited exposure and experiences most traders end up paying large amount of money towards learning forex trading. Then there are other reasons for their limited success or repeated failure – that they use the less advance forex trading tools which results in forex traders becoming the sacrificial victim. Read the rest of this entry »

No matter which category of trader you may be or may be wanting to be - a newbie who has recently started testing waters, an explorer by experience, or someone that making her or his living exclusively from trading, you can be successful. Many aspiring traders are restricted in their thinking and assume that they need to have significant capital, or years of experience, to trade successfully. That’s not the complete truth. Read the rest of this entry »

Forex is all about how to hit the next ball correctly rather than worrying about something of a distant future. Anything is possible in forex. Do not worry about what market will do. Just worry about what you will do when market reaches your “pain point” or “happy point”. You will have an easier life as a trader that way. Read the rest of this entry »