I’m a regular forex trader and have been a regular at forums like forexfactory.com My system is simple, using no more than three indicators  (EMA) and the uber cool currency meter sold at fx4caster.com. To date, I never fixed the system because it’s never been broke. I make an average of $500 trading. Biggest loss ever sustained was $1000 in one day- but no biggie. I earned it back the next day. Continue Reading »
Forex Rebellion. Is it a Scam?

A few posts ago, the Shameless staff praised to high heavens a unique tool called the Forex Grail which was created by a truly successful Canadian Forex Trader. The Forex Grail is a currency indicator that analyzes ticks in real time and gives a complete picture of how well currency performs. The system is solid, fool proof and woah, you just can’t lose with it. In that same review, I mentioned how most forex robots (autotraders) tend to lose money or not work at all.

Today, a pal went to me to prove me wrong. With a fistful of data sheets, he showed how this moderately priced forex robot trader called FapTurbo actually doubled his base investment after using it for a month. Needless to say I was skeptical, but the numbers looked good. Continue Reading »
FapTurbo- Can It Make You Rich at Forex?

A new software, called Forex Autopilot, is programmed with automated trading methods. After looking at this idea, I was excited about the possibilities, since it would potentially allow me to trade in the foreign exchange market like a professional trader without much attention on my part.

1. My Experience With Forex Autopilot

So do you really need to know nothing about Forex if you want to use the program? Having downloaded and tried the software myself, I would think not. Before you start using this software, you should still have a basic knowledge of Forex Charts and some understanding of technical analysis. This is so that you can understand what exactly the robot is doing. Continue Reading »
Forex Autopilot Review – Is This Forex Trading System Software Scam?

Many forex traders think that accepting losses is hard but it’s not nearly as hard as accepting big profits. When you are engaged in forex money management your profits need to exceed your losses so you need to maximize them- so why do most traders have a problem, on the one hand we all want big gains – We do but…

Most traders have a psychological problem in running profits. Continue Reading »
Beginners Forex Trading – Learn To The Right Way To Trade Currency

If you are new to stocks and shares then you may be wondering what exactly Forex is. Forex trading is one of the most common types of trading in the share market and it has potentially a lot of benefits – even for beginners. However, if you are just starting out then it is essential that you understand exactly what Forex currency trading involves and the risks you will be taking if you do choose to participate.

Learn Forex Online Currency Trading

Forex is also known as Foreign Exchange and FX and it basically involves trading the world’s currencies. Forex trading is big business and it is different to the stock market in the fact that it does not get conducted by a central exchange. Instead it is conducted by an over the counter market which is known as “Interbank”. Continue Reading »
Beginners Forex Trading – Learn To The Right Way To Trade Currency

In order to win in Forex trading, you need to create a written plan that you can review regularly to stay focused on your goal of trading success. By writing down your plan, you put yourself in the top 3% of individuals who have written goals and plans, giving you an immediate edge on most traders.

There are several things you must write down in your plan. In fact, you should even do this before venturing into Forex trading in the first place. They include: Continue Reading »
How To Be A Winner In Forex Trading

1. You can trade anytime you want to. The Forex trading market is open 24 hours a day, seven days a week. The stock market pales in comparison since it is only open approximately eight hours in the United States. Since the Forex trading market is a global market, you can trade virtually anytime you want to.

2. Are broker commissions eating up all your profit? The Forex trading system doesn’t charge you commissions. Your Forex broker profits by taking the difference in price between the ask price and the bid price for the currency being traded. Continue Reading »
7 Reasons Why Forex Trading Outperforms Futures Or Stock Trading

It is also about buying foreign currency, the most traded in the international market such as the US dollar, UK pound or the Euro, on a daily basis from the open market. It is sold either the same day or two-three days later when the demand for the particular currency is higher. Though the fluctuation in the currency rates is marginal, the earnings can be on the greater side since currency trading is carried out in the form of bulk. Only registered organizations and banks are entitled to engage in currency trading. Individuals and non-residents of a country cannot engage in currency trading. In some developing countries, only government agencies and banks can trade in currency. No individual can trade currency on his or her own. Normally, it is the federal bank of a particular country that stacks up foreign currency since it buys them in bulk. Continue Reading »
Currency Trading – New Revenue Stream

There is an alarming number of new, and uneducated, commodity traders losing just about everything they own. Why? There are a number of reasons why a new futures trader stands back, scratches his/her head and wonders why their trading account went from thousands of dollars to almost nothing over night.

What happened? There are actually a number of things that came into play. Continue Reading »
Winning at Commodity Forex Trading

Want to begin your commodity forex online trading with flying colors? This primer should help you start getting rich online?

Day trading is described as the purchase and sales of a commodity within one business day. The forex market is an arena where brokers trade in foreign currencies for fun nad profit.

Forex day traders are the creme de la creme of forex trading. These folks are often the most experienced in market fluctuations and they often trade in large amounts of funds. They labor at forex trading 12 hours a day, seven days a week. Their aid to the market is massive, as they accumulate to critical  liquidity value. Without these fanatical day traders, it’s difficult for the more informal, longer term holder, to discern buyers at the time they are required. Continue Reading »
Forex Day Trading – Tips to Get You Started

Even if you’re a newbie to finance and forex  you most probably have picked up on the whispers about Spread Trading. From Alabama to New Zealand everyone and their uncle is getting online with this compelling way of trading in the global forex, stock and commodity markets. Since it is so brainer to start trading here are a few tips to get you flying as e you commence trading online with your hard earned money. Continue Reading »
Commodity Forex Online Trading