Judy Mank

It is gainful of a truth when trading against the crowd, the odds are high so also are the returns. But what you must take note of is that you can not just jump on start trading against the crowd because of the prospects of uncalculated high profits

It is well said that the foreign exchange market is a technical market. You cannot just jump in to the market and say you want to make some money without an adequate fundamental training about market movements (which most times is gotten on demo

Forex is a technical market, you cannot easily trade the forex if you want to trade it with your basic instincts or layman intelligence. In true words, forex is a profession and should be learnt. Then it could be said a lot of your successes and

Most times it is not easy to sit in front of the charts all day to check on our trades. I may want to buy a pair at an ask price of 1.3114 but now current market prices are trading at 1.3111, is it compulsory I wait till the market prices get to the

Surely as it is popularly said, experience is the best teacher, you are most unlikely to make a mistake twice (once beaten, twice shy remember?) To me, the only thing you need from your past is knowledge and experience- going back to your past should

I have heard traders say “I didn’t know what came over me, I just saw myself taking the move, I couldn’t help it, I guess it was on instinct”. In such instances, you are not thinking- and when you think you are ingeniously trading by instincts, your

Forex trading is not all about making money- or necessarily all about the profit, it is also about minimizing losses. It is true as it is that simple, you cannot be said to be negative when you anticipate losses- no one is a prophet of doom if he

It is very possible to feel. Of course, we should have emotions- he have an “emotional irritability” as humans. What this is telling us is that it is normal for feelings to be generated in us in reaction to external happenings that we are

My fellow members permit me to air my view on this. Surely I understand that not every trader who fails is really at fault another may interpret this as not every failing trader is lazy. But there is one thing I have not really settled about this

It is no big surprise that in the forex market, failing on trade is one situation traders detest very much. It is basically understandable that almost everyone would want his name printed in gold- a tragedy story is only enjoyed when it you read

I think it is more than bravery to set on an adventure without a target; does a sailor get his ship off the shore into the deep sea without a compass? Of course an individual that jumps into a venture for which he has made no adequate preparation or

If you are told winners don’t quit and quitters don’t win, it is very true. This advice might be as popular as a liturgy (much repeated lines of word), but in its popularity, these words has not lost a bit of its potency. Truly speaking, consistency

It is a very popular saying that the best form of defense is attack. In modern warfare, the protagonist don’t sit at home, building bunkers and fences, no they take the war to the enemy- waging the battle at his gatepost. Aggression therefore has

The essence of trying out a demo account for new forex traders is to gather all the fundamental experience of how the forex market works in general. In the demo accounts, you are expected to make all the possible mistakes you could, for in demos you

I have found out from my time in the forex that when traders continue trading, what usually prevail in their minds is to get back all the market has taken from them quickly. But it is not really advisable to want to desperately recover what you have

I will be putting on news on the most liquid currencies like USD, EUR,GBP etc. on this thread, you can stroll by to get your information on currencies. EUR/USD: The EUR/USD had increased to 0.25% to 1.211. Markets were quite crowded with uncertainty

In life, individuals draw their inspiration from various sources. For some people, they could want to be successful and be wealthy because they they had tasted a sad slice of poverty and lack and are strictly poised to avoid a repetition. For some

On coming into the market, I know that you have been hearing regularly of going long in the forex market. Going long is another way of saying you are holding a long position in a trade. It is a forex trading language which indicates the process of

Trading in the forex is done in currency pairs- buying one currency or selling it against another. In the commodity world of finance, we get to hear of bullish and bearish market. It is not that technical though, it all depends on the outlook of a

Most times. Upon opening a trading account, you may find out that there is quite a practical deviation between what you have read on education of how a platform operates, and how it actually operates when you trade with it. Surely, it is now really a