Search
Related Links

 

 

Informative Articles

Forex Brokers - Helping to Maximize Your Success
Forex Brokers—Your Ultimate Partners In Success A Forex broker is a broker dealing in foreign exchange, just like real estate broker who deals in real estate and properties. Simply, a Forex broker is an advisor who advises you about the forex...

FOREX ExpertAdvisor Mechanical Trading Systems: What Every Trader Should Know
iExpertAdvisor - "information and ideas about FOREX trading systems" FOREX ExpertAdvisor Mechanical Trading Systems: What Every Trader Should Know  Most successful FOREX traders use a handful of diverse trading strategies. Which...

Forex trading for the little guy
Since alot of these systems are dealing in Forex, we thought that we should provide a overview of what "Forex" is. The FX Market Structure The foreign exchange market is the generic term for the worldwide institutions that exist to exchange or...

How To Choose A FOREX Broker
Most investors who trade FOREX stocks use a broker. A broker is an individual or a company, who buys and sells stocks according to the investor's wishes. Brokers earn money by collecting commissions or fees for their services. You should check that...

The New World Currency
Do you ever consider the possibility that the money you work so hard for could be gone from your pocketbook in the next few years? Quicker then you might think, currency as we know it, is changing. Necessity for efficiency is transforming the flow...

 
An Open Invitation To Frustrated Forex Traders That Desire Unlimited Success In The Market - Part 1

Why does one Forex traders succeed and another fail? What sets the winners apart from the losers? Well, you won`t be surprised to know that there are certain characteristics that all successful Forex traders share. While many investors take actions that aren`t in their best self interest, such as making trading based on emotions, rather than on logic, or holding on to a losing position so they won`t have to admit they made a bad trade, successful Forex traders don`t do these things. But there are some actions that they take regularly, so regularly that they become habits. Learning about these characteristics and habits will help make you into a successful trader as well.

To start, successful Forex traders are goal oriented. Most people perform at their best when they`re reaching for a clear goal. There are three basic qualities that make up a clear goal. First, the goal must be realistic. If your goal is to double your money every day, it sounds great, but it`s not realistic. Setting unrealistic goals can undermine your self confidence, you will be setting yourself up to fail. Secondly, the goal must be attainable. Just as with a realistic goal, an attainable goal must be within your current capabilities. The best goals are short term goals; make your first goal a small one, and then continue to increase your goals as you experience success.

The third trait is measurability. Goals that aren`t precise and can`t be quantified or measured, aren`t goals at all. If your goal is to be wealthy, you need to specify what wealthy means. My guess is that your definition of wealth will change as your net worth increases. If you can`t define your goal, and measure your progress towards it, then you have no way of assessing your progress. It becomes impossible to make any changes to your techniques and strategies that may help you reach your goal. Successful Forex traders set goals, and they also are confident they can reach their goals. Confidence is the key to staying rational, logical, and disciplined while you are trading. Starting with small, realistic goals will help build your confidence in yourself and your abilities.

Successful Forex traders also apply skill and logic to all their trading decisions. They learn every day, and they use what they know to make intelligent choices on every trade. Successful Forex traders don`t worry about missing out on the next big thing, they focus on making good trades. One of the most common mistakes inexperienced Forex traders make is to trade when they see an opportunity they think might be too good to miss. Jumping into a position based on a hunch, or on the belief that you may be missing an opportunity, is no different than gambling. Almost every investor at one time or another has felt a rush of enthusiasm for a trade, based solely on their desire not to


miss out on a great opportunity that might be available. Successful Forex traders know their market, and are disciplined in their trades so that they aren`t swayed by these kinds of concerns.

While these Forex traders know their market, it`s simply not possible to understand and stay in touch with everything that occurs in all the types of investment vehicles and markets across the world. While some Forex traders have developed systems that allow them to trade in multiple venues, for instance, in different stock markets around the world, most Forex traders specialize in a particular type of investment, and in a particular market. If you enjoy trading in commodities futures, that enjoyment will help you to focus and stay in touch with events in the commodities futures market. If you aren`t interested in currency trading, don`t trade in it. Your lack of knowledge and motivation will cause you to lose focus and make mistakes. Successful Forex traders tend to specialize; they pick an area to study and they follow it closely, learning from past trends and patterns, and from their own trades. If you`re a beginning trader, I recommend focusing on one investment vehicle and it`s market. Learn all you can, about the market and about yourself, before you move into other investment types.

Whether you`re a beginning trader, a trader with some experience, or someone who makes his or her living strictly from trading, you can be successful. Many people think they have to have significant capital, or years of experience, to trade successfully. That`s not true. It`s also true that if you don`t stay disciplined, focused, and rational, you`ll end up as a losing trader, regardless of your level of expertise. All successful Forex traders started as small investors; they didn`t trade more than they could safely risk, they learned from their mistakes, and they developed systems that worked for them and that fit their personal styles. There aren`t different strategies for different levels of Forex traders because the principles are the same for everyone in the markets: logical, focused, disciplined trading creates success.

David Jenyns, leading expert in designing profitable trading systems, offers a huge free collection of trading related tips and tricks. http://www.freetradings ystems.org/

About the author:

READ my articles; you'll FIND the most powerful insider trading plans & tips ever put together. Searching for these on your own, is a needle in a haystack (hard to find). I trade everyday & my progressive efforts found the perfect trading card, a set system & plans that really work. These online trading systems are unbelievably powerful, lucrative, reliable, yet simple to use. Until recently, I've kept this formula to myself. NOW, I reveal all.

 

Currency Trading, Forex Trading, Forex, Online Currency Trading
Offers 24 hour online currency trading for institutions and professional traders.
www.fxcm.com
 
OANDA FXGame - Currency Trading Demo Platform
You can start playing the currency trading market with real market conditions ... The platform was created with the goal of making currency trading ...
fxgame.oanda.com
 
Forex | Forex Trading | Forex Minis | Online Currency Trading
FOREX.com - THE site for forex trading. 24hr commission-free currency trading w/ real time execution and guaranteed fills. Forex mini accounts from $250, ...
www.forex.com
 
Currency Trading News, Forex Trading News, FX News, Forex News
Currency Trading News, Forex Trading News, FX News, Forex News - Daily FX.
www.dailyfx.com
 
Currencies - Currency Converter & Latest Rates at CNNMoney.com
Dec 6 1:18pm ET †, US $, UK £, Japan ¥, Euro €. US $, 0.5079, 115.05, 0.7517. UK £, 1.969, 226.50, 1.4798. Japan ¥, 0.008692, 0.004415, 0.006533 ...
money.cnn.com
 
FOREX Advisory
The CFTC urges you to be skeptical when promoters of foreign currency trading claim that their services or account management will earn high profits with ...
www.cftc.gov
 
Forex Trading: Online Currency Trading from Global Forex Trading
Global Forex Trading is the premier online foreign currency trading firm and a primary market maker. To learn more about forex trading, visit GFTForex.com.
www.gftforex.com
 
Amazon.com: Foreign Currency Trading: From the Fundamentals to the ...
Amazon.com: Foreign Currency Trading: From the Fundamentals to the Fine Points: Books: Russell Wasendorf by Russell Wasendorf.
www.amazon.com
 
Forex, Online Currency Trading, FX, Foreign Exchange | ACM Forex
Forex Trading with The Forex Broker. ACM offers online currency trading, commission-free, tax-free, lowest forex spreads on the market, guaranteed fills, ...
www.ac-markets.com
 
OANDA FXTrade - Currency Trading, Forex Trading, Online Currency ...
Currency Trading with FXTrade, leader in online currency trading, provides real-time execution, free forex charts and quotes, and 24 hour forex trading.
https:
 
Forex-Day-Trading.com - Currency Trading with FREE Training
Learn how to day trade currencies with our free training. Try a free forex trading demo for 30 days.
www.forex-day-trading.com
 
Forex Online Currency Trading: Welcome to Global Forex
Global Forex offers online currency forex trading at inter-bank FOREX rates. Try our FREE online forex demo trading system.
www.globalforex.com
 
Forex trading - Realtime Forex online currency trading
Realtime Forex offers commission-free online currency trading on live foreign exchange prices. Realtime Forex’s currency trading service also includes free ...
www.realtimeforex.com
 
Forex Blog
Forex news blog with daily commentary. Has a good beginner's article.
www.forexblog.org
 
Common Questions About Currency Trading
Whether you're puzzled by pips or curious about carry trades, your queries are answered here.
www.investopedia.com
 
OANDA FXTrade - Currency Trading Basics
Currency Trading Basics. Exchange Rates and Spreads: ... In currency trading, these codes are often used to express which specific currencies make up a ...
fxtrade.oanda.com
 
Currency trading, free forex charts, news and analysis
Online currency trading with technical analysis, charts and forex news.
www.gfforex.com
 
Finance - Currency-Trading Ezine Articles
EzineArticles.com allows ezine or email list publishers to upload or download free expert content that can be used within email newsletters or websites.
ezinearticles.com
 
MGFOREX
MG Financial Group - Forex, FX, Online Forex Trading.
www.mgforex.com
 
DirectoryM - Debt Settlement Solutions
Simply provide your contact details and describe your needs to receive a free consultation from business or personal debt service providers.
www.directorym.com
 
 

 

Content Menu
  • 5 reasons to trade forex instead of stocks

  • 6 ways to buy real estate without a deposit

  • advantages of trading forex over stocks and commodities

  • advice for international investors on how to safeguard their profits

  • all the truth around e currency

  • american blind pools

  • an explanation of forex trading

  • an informative forex broker review

  • an open invitation to frustrated forex traders that desire unlimited success in the market part 1

  • ask for more you may get it

  • assessing the opportunities presented by the new iraqi currency

  • avoiding forex related frauds and scams

  • avoiding forex related frauds scams

  • a beginners guide to forex

  • a comprehensive forex broker register

  • a guide to swiss banking part 1

  • a guide to swiss banking part 2

  • a informative forex broker review

  • a look at forex market makers

  • a look at online forex brokers

  • a new and better way for pensions

  • a new and better way with pensions

  • a review of automated forex brokers

  • a short introduction to forex

  • bankers banks the role of central banks in banking crises

  • beginning forex how are lots traded what the heck is a pip

  • benefits of forex trading

  • bollinger bands

  • business and the forex

  • buying your tax haven corporation

  • choosing a forex broker

  • choosing a forex strategy

  • choosing ecurrency exchange training courses what should you look for

  • choosing the right forex broker

  • comments on forex trading account sizes lots and margin calls

  • currency trading an introduction

  • currency trading finding your niche

  • currency trading for internet profits

  • currency trading getting wealthy from currency trading program

  • currency trading how big is this thing

  • currency trading is not the monopoly of the nerds and the geeks

  • currency trading the future of investment

  • currency trading tips for beginners

  • currency trading understanding the basics of currency trading

  • day trading forex market behaviour

  • discover an effective forex trading system

  • discover the biggest trading investing online mistake

  • dont be a victim of cybercrime

  • dxout e currency exchange program and free training

  • emotions a traders worst enemy get rid of fear and greed youll be glad you did

  • energy prices inflation and forex

  • example of a profitable transaction in forex

  • export to america

  • e currency exchange scam

  • e currency exchange trading

  • e currency if forest gump was here this is what he would be doing

  • e gold investing make money with currency trading

  • e gold investments investing smartly with e currency exchange

  • factors influencing a currency pair exchange rate

  • fear and the profitable forex trader

  • financial trading so many markets so little time

  • five reasons you have to start forex trading

  • forexinterbank forex trading course for day traders and small investors focusing on forex pivot point trading

  • forex 101

  • forex 101 make money with currency trading

  • forex and daytrading

  • forex and the anatomy of an elliot wave

  • forex basics make money with money part 1

  • forex benefits of trading the forex market

  • forex benefits over futures

  • forex brokers

  • forex brokers helping to maximize your success

  • forex broker commissions

  • forex broker involvement optional

  • forex capital markets and foreign exchange transactions

  • forex currency trading basics

  • forex day trading

  • forex expertadvisor mechanical trading systems what every trader should know

  • forex glossary

  • forex made easy for everyone

  • forex market offers opportunity and information

  • forex online trading an introduction

  • forex pivot points mapping your time frame

  • forex profits

  • forex scams how to spot them a mile away

  • forex signal services

  • forex trading

  • forex trading and the characteristics of bar and candlestick charts

  • forex trading best practices

  • forex trading can be like day trading

  • forex trading create fantastic wealth from forex trading

  • forex trading for the little guy

  • forex trading how to create fantastic wealth from forex trading

  • forex trading indicators and the ever changing market conditions

  • forex trading investment secret of the rich and powerful

  • forex trading margin usage and introduction to hedging

  • forex trading online 7 reasons why you should

  • forex trading online 7 reasons you should

  • forex trading opportunities for individuals

  • forex trading platform

  • forex trading risky business

  • forex trading strategies

  • forex trading the perfect forex trading system

  • forex trading tips

  • forex trading understanding commissions spreads and trading costs

  • forex training follow your gut or your broker

  • forex versus futures

  • forex versus stocks

  • forex what is it and how does it work

  • forex why psychiatrists make better traders than expert economists

  • generate traffic and make money

  • getting a forex trading education

  • gods diplomacy international trade and the macedonian economy

  • going global

  • gold heading to 1 000 an ounce 13 reasons why this can happen

  • gold miningstocks com reports industry expert forecasts for gold stock investment strategies

  • goodbye multi level marketing and hello e currency exhcange

  • go public young cfo go public

  • hawala or the bank that never was

  • hawala or the bank that never was part i

  • home based business opportunity secrets of success in home based business opportunity exposed

  • honest business opportunity or fraud

  • how bollinger bands can tell you what the forex market will do next

  • how can i make money currency trading

  • how does foreign exchange affect your business

  • how does forex compare to other investment markets

  • how does the exchange rate exactly works

  • how do other countries devalue their currencies

  • how is forex trading at home possible

  • how i quickly doubled my money

  • how many forex order types there are and how to use them in your favor

  • how to choose a forex broker

  • how to choose wisely a forex broker

  • how to make big profits with currency trading systems

  • how to profit from ben bernanke a volatile federal reserve

  • how to save money on your overseas property purchase

  • how to sell hobby items by mail

  • how to start trading the forex market

  • how to start trading the forex market part 2

  • how to start trading the forex market part 3

  • how to start trading the forex market part 4

  • how to start trading the forex market part 5

  • how to trade currency

  • if you start your own home business what sort of business would you choose

  • impress your date with forex trading lingo

  • income opportunities for adventurers

  • index

  • interested in forex trading

  • internet marketing vs forex currency trading

  • introduction to bollinger bands a great help in forex trading

  • introduction to forex

  • introduction to forex trading

  • introduction to fundamental analysis forex

  • investing how to profit using formulas

  • investing in forex or investing in stocks understand the benefits and risks of each market

  • investing vs trading who cares anyway

  • investments short term or long term

  • investment formulas what purpose do they serve

  • investors what separates the good traders from the bad traders

  • is forex trading better than stocks

  • is my money safe on the soundness of our banks

  • is our money safe part ii

  • is there any money left in currency trading

  • is this really a recovery

  • is trading e currency a legitimate business

  • learn by hands on forex trading demo accounts vs mini accounts

  • learn currency trade intro to the forex market

  • learn forex

  • learn forex trading a guide for beginners

  • managing bank liquidity in real time

  • managing the forex accounts for you

  • mazu e currency exchange

  • mazu e currency exchange home business

  • mazu e currency exchange program

  • mazu e currency program and sports arbitrage trading reviewed

  • mazu review

  • money laundering in a changed world

  • money laundering in a changed world part ii

  • money smart homeowners use this mortgage strategy every time

  • moving averages basics and how they help forex traders

  • my most recent experiences about e currency exchange trading

  • new business real life dollars buy in game currency

  • new forex trading system gives average traders the edge

  • new opportunities with forex trading

  • online forex

  • online forex trading

  • online shopping the joy of online shopping

  • on the soundness of our banks

  • open source erp for smes

  • option arbitrage in the forex market

  • pivot points in forex mapping your time frame

  • poor mans access to foreign currency trading

  • real life dollars buy virtual game money

  • return on investment guidelines

  • rotator

  • secrets to potentially making money in the forex markets

  • sending signals for trading in forex

  • short introduction to elliot waves as a resource in forex trading

  • should you use a private wealth management broker

  • some reasons why you should trade forex and two important forex concepts you must know

  • start making serious money in the forex market this year

  • staying out of trouble with ebays listing policies

  • stocks or foreign exchange which one

  • stock markets of the world

  • there are real live people behind currency trading

  • the 6 advantages forex trading has over other investments

  • the basics of forex

  • the benefits of trading the forex market

  • the best time to day trade the forex market

  • the china bubble

  • the day trade forex system how to choose an online forex brokerage firm

  • the duty of a forex market maker

  • the forex market explained

  • the forex trading system

  • the history of forex trading

  • the importance of developing your own forex trading system

  • the key to protecting your money

  • the meaning of forex price charts and how to use them

  • the miracle of forex

  • the money jar trap

  • the new world currency

  • the opportunity in exporting

  • the seven most traded currencies in forex

  • the top four forex brokers

  • the uses in forex trading of moving averages and macd

  • three important forex concepts for new traders

  • three reasons to start derivatives trading

  • three reasons why forex trading is great

  • top 10 scams

  • to be or not to be a psychological currency trader

  • trading analysis the big mac

  • trading currency through online forex brokers

  • trading forex to advance your financial position

  • trading profitably on the foreign exchange market

  • trends and profitable trading in the forex markets

  • trying forex trading with the best strategy and approach

  • two great advantages of forex trading

  • two great forex indicators bollinger bands and fibonacci retracements

  • two reasons why many people participate in forex trading

  • welcome to the world of forex trading

  • whats fibonacci forex trading

  • whats the 382 fibonacci ratio in forex trading

  • whats the difference of trading mini lots vs full sized lots in forex

  • whats the fuzz about e currency trading

  • what is a forex broker

  • what is a forex market maker

  • what is forex

  • what is forex trading

  • what is rollover interest in the forex market

  • when is the best time to take your company public

  • wheres the money

  • where to get forex training

  • why demo fx account performance is often better than real account performance

  • why is it more profitable for an indian to take up work at home business

  • will a falling dollar derail your plans for retirement

  • word of mouth marketing examples part three

  • work from home with e currency

  • yes you can start trading forex for free

  • your guide to learning a forex trading system

  • your guide to successful forex trading

  • your mother could make money in forex trading