Judy Mank / Profile

It may surprise you to know that greedy forex traders don't even know that they are greedy- this is why they barely know why they are sinking in the forex and the forex seem to be swallowing their purse rather than making it plumper. And when they

I have come to discover in the forex from my experience that many traders have not understood the fact that the forex is not always immediately rewarding- there is not always very prompt gratification- ad you may not be an instant hit upon joining

Is there any thing like perfection in the foreign exchange market ? Are there traders that have reached the total extremes in this currency trading expertise. Are there traders without blemish in the forex who never make mistakes and are a hundred

I was talking to a colleague of mine the other time. This time I was quite worried in our conversation about the volume of new forex traders - the beginners who want to make it in the forex at all cost and in such a frightening pace. Just because you

I remember telling a colleague of mine that everything in life hangs between failure and success. What do I mean by this? There is nothing that you can be 100% sure of in life. Every prospect that you would engage in stands to be successful or turn

Although there seems to be no gaps in the forex as when brought in comparison with the stock where gaps are very common due to the fact that officially the New York Stock Exchange (NYSE) opens by 9.30 am daily and closes by 4.00pm. But really there

It is not too surprising that many persons are of the perspective that the forex market is closed once it comes the weekend. But on a practical note, it is not actually as it seems, the forex doesn’t close. It can be said to be closed only to retail

As we all know, knowing a commendable deal about how to effectively work with position sizing would go a long way to help you in the forex market. This is a powerful skill you wouldn’t ver regret learning. Let me take some time to introduce you to

The hurdle which many traders find difficult to lift pass and exceed beyond when they are faced with the process of choosing appropriate sizes for their positions is the point of setting stop loss . Simply put the most, you must carefully identify

I was thinking basically in life, a basic prerequisite to be a successful professional in every trade you choose to invest in, is hardwork and diligence. So the question now is hardwork a sure guaranty to success in the forex, is every hardworking

There is quite a handsome prospect for the British Pound with the no concrete economic risk even just out of the upcoming UK week in the nearest foreseeable future. Just some fourteen days past, the GBP/USD touched a great peak in many years; and a

If I was to tell what a forex needs most, it would be emotional mastery, money management skills and most especially foresight. The financial instincts that is required of a good forex trader largely lies in his sense of foresight and anticipation. A

Now one little question. Do you know that the candlestick charts are more powerful than the normal common line charts we get to see regularly? The candlestick is very aged and has been in effective operation for quite some centuries- over three

Surely it expected of every mature individual (with the forex trader in inclusion) to have a personal calendar for himself. What am I trying to say? I mean that the trader should have a well planned schedule of his activities in the forex, setting

The European central bank (ECB) with its headquarters in Frankfurt, Germany has a lot to do with policy decisions affecting the euro and the forex in general. If bring the euro against its American counterpart- the USD, you would get to see that it

The forex is a very interesting commodity market. It is as diverse as it is liquid also. Often, many traders are simply mesmerized by one thing when they come to trade in the forex the first time. The excitement is about the fact that when you are

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

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

The default chart type is called a ‘candlestic' chart. This chart type is used frequently in the forex market. A bar on a candlestick chart shows the open, close, high and low prices for the selected period. The body of the candle shows the open and

One of the spices that makes our civilisation today very delicious is specialization. Concentrating one's effort on a discipline rather than attempting to be the jack fo all is really very helpful. This is why I find the narrow focus of the forex to