1. Do not trade forex if you have to make money. Emotions have a strong impact on forex trading and if someone has Read the rest of this entry »

Hello Friends

Forexoma Live Market Analysis started working on 14th July 2009. So this report shows our performance on second half of July and not the whole month. I already published another report that covers our first week performance. I strongly recommend you to read that report too, not because I want you to see the first week performance, but because I have explained many things about our program and the way we publish forex signals and market analysis reports. Read the rest of this entry »

Hello Friends

I am always asked to publish my market analysis performance result on the public area of the site. My friends ask me to do that because they say my competitors do it all the time and exaggerate about their service and so why I should not do that. Read the rest of this entry »

Note: This report was published on April 27 2009 for the Live Market Analysis Program members.

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Hello

Forex trading is all the matter of taking risk. We analyze the market, find the trade setups, take the positions, set the stop loss and target and that’s it. We don’t know what will happen then. We don’t have any control on the market. The market moves on its own way and doesn’t care about anybody. The only things that we have a full control on them, any time that we take a position, are the amount of the money we trade, the stop loss and the take profit. So, in addition to the system that we have to become expert in it, we should learn the things that we are able to control and these things are usually discussed under the money management topic. Read the rest of this entry »

You are visiting this page probably because you like to become a good forex trader. If you are already a good forex trader then skip this page because you have already known yourself!Did you know that you have to know yourself if you really like to become a good forex trader? Yes; it is true because a forex trader has to be able to control his emotions. Do you know what kind of emotions we have? We have five main emotions that our behaviors, decisions and actions can be influenced by them: Pride, Greed, Fear, Ignorance and Desire. Read the rest of this entry »

It is not a good idea to start the day with something that makes you cry specially during the weekend but sometimes something that makes you cry is more pleasant than a million funny jokes because it pushes some of the buttons in your heart that you really needed them to be pushed long time ago. Read the rest of this entry »

Yes; I really did it

I signed up for a $500,000 demo account with 1:500 leverage on May 26. I felt I like to have some challenging. I have never worked with such a risky leverage (1:500). So I just wanted to have some challenging and test my abilities. We all need it every now and then. Even the most professional and successful traders need to have a demo account at the side and practice the new ideas and systems with it. It will help you a lot to know yourself and your emotions better. Read the rest of this entry »

Thomas Edison is one of the biggest inventors we know. His inventions made big improvements and progressions in human life. They say he has more than 200 inventions. Was he genius? Definitely he was not an ordinary person but this is not his success secret. There are thousands of genius people but they have not and will not make any changes in anybodies life - even themselves.

What made Thomas Edison a different person? How can you copy him in your life and business? What you can learn from him to improve your Forex trading business?

Let’s know Thomas Edison more through his quotes and I will tell you how you can follow him in forex or any business that you have.

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Most people think that they need to do something to change their lives. They are tired of their current situation and the problems they have. They want to do something and they know that they have to do something but they can’t.
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The Power of Positive Thinking, by Dr. Norman Vincent Peale, was first published on 1952. It has been known as the best seller book for several years. Now the audio version of the book is available which is performed by Dr. Peale himself and so the words have even more “positive energy” when heard from Dr. Peale directly. Read the rest of this entry »