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News is very pivotal to Forex trading success because news releases serve as a guide for us in order to predict accurately the true market trend and place our trades appropriately for good trading...

Many traders have become millionaires by trading and their modus operandi has always been money management. It is very plausible that if we succeed in reducing our trading risks, we will invariably...

As a beginner trader, we should always make effort to minimize our trading risks because money management dictates that the only sure way to accomplish profits in Forex is by limiting our risks.

The worst times to trade Forex are when we are in a bad mood or have faced successive losses and are feeling worked-up, or when the Forex market is ranging or consolidating and the trend is hard to...

Entry and exit are two important points to consider in Forex trading. Exit more important because if we fail to make a planned and appropriate exit, then we risk losing all the profits we might have...

There is no limit to the amount we can invest, but we should always make informed choices when deciding the amount to invest because margin call is as well a possibility in our Forex trades.

There is no limit to the amount that we can invest in Forex, but there is a basic rule that should guide our choice of amount to invest: only invest the amount that you can afford to lose.

Trading Forex is challenging especially for the beginner trader. However, it will help us a lot if we adopt the right attitude to losses and understand that losses are opportunities for us to improve...

There is no limit to the amount of money we can earn in a day fro Forex trading. In fact, we are only limited by our money management and the total trading deposit that we can afford to stake in a...

With each trade, there is always a lesson for us to earn regardless of whether we are able to make profits or end up in loss. Once we take home the lesson from each trade, then we will improve our...

Forex is a risky business, nevertheless many traders have been able to weather the risks and achieve great and resounding profits, some have even become millionaires and that motivates the rest of us.

It is safer to decide the limit beyond which we can no longer accept any further losses, than risk the whole trading deposit in the hope of gaining a few extra bucks. I think stop loss is mandatory...

I have noticed that the candlesticks differ from broker to broker, usually by two pips or so. However, the general trend is usually the same. I think the reason is that some brokers operate their own...

Indeed, Forex can offer quick money but in order to achieve quick money, we will be increasing the risks associated with our trades, and hence eventually we will be following bad money management in...

I am a fan of long term Forex trading because I find it more rewarding and less tasking than short term trading. Usually, I go for position trades where I hold the position for upwards of 7 days.

Daily profits in Forex is very possible and a number of successful traders are already able to make consistent profits in Forex. In addition, that is the dream of every trader. It is challenging, but...

Forex trading is challenging and everyday is an opportunity to learn something new. Regardless of whether we make profits or losses, it is important we learn from every experience and improve our...

Trading discipline is not optional for the trader. We always have to be disciplined. When we make up our minds on a trading plan, we have to ensure we follow the plan to completion. Plan the trade...

When I began to trade, I understood that it is easier to take small losses than to take one big loss--often the implication of a big loss could be so devastating as to cause a margin call, hence the...

A good trader should invariably be a good money manager so that he can make the best judgment on investing and when to take his profits without letting his sentiments determine those key aspects.