7 Basic Tips to Minimize Forex Trading Risks

7 Basic Tips to Minimize Forex Trading Risks

Forex trading risks are very real; it's not a game. People looking to exchange currency simply as a means of excitement are in it for the wrong reasons. It is important to first understand the market, before you even entertain the thought of trading. Here are 7 basic tips to help get you started on the right foot ... 1. If you fail to plan, you plan to […] Read more »

The Principles of the Elliot Wave Indicator

The Pinciples of Elliot Wave Indicators

A way of trading in the foreign exchange market is to use the Elliot Wave Indicator. It allows the analysis of overall market activity for a certain period based on trends and market cycles; it is based on the characteristics of a 5-wave pattern. Especially if you are interested in observing price action, trading practices during highs and lows, and the general market behavior, the technical tool may […] Read more »

Is Trading Forex as a Full-Time Career Right for You?

Is Trading Forex as a Full-Time Career Right for You?

If you’ve ever dreamed of being your own boss and working on your own schedule, trading currencies full-time may be the right career choice for you. Here are some of the reasons why you may want to consider a career as a Forex trader: • The bar to entry is very low. You don’t need to have a lot of money in order to start trading forex, compared […] Read more »