Avoiding Failure in the Forex Market

It is true that identifiable trading patterns in the forex currency trading have thrown open lucrative investment avenues for well disciplined forex traders. For novice forex traders who are starting afresh in the forex trading the first dilemma starts with how to avoid failures in the forex markets? Let me make an attempt to guide you through avoiding failures in the forex markets. Don’t Misuse Low margin and high leverage facility Never try to over leverage than your capacity. First of all determine the spare cash that you can afford to loose. You may call it as risk capital. You should never risk your life long ...

Japanese Candlesticks

Chart is the most essential element for any technical analyst. There are various methods of plotting the charts. Candlestick charting is one of the most favored techniques for visual analysis. Candlestick charting was first developed by Japanese and hence the name Japanese Candlestick chart has become very famous. As a matter of fact, this method of charting captured the attention of Wall Street traders much later. Japanese were using this technique for tracking the price movement of agricultural commodities. For all the practical purposes when a technical analyst refers to Candlestick charts, it essentially implies ...

Forex Trading vs The Stock Market

Trading and investments in stocks is common among most of the investors. Gold, silver and other commodities have also been widely used as diversification from equity investments. Off late investments in forex is being advocated as an excellent diversification over traditional investments. Developing and maintaining a well balanced, diversified and growing portfolio of investment is not an easy task for a common Joe. Well, with the advent of internet and large scale globalization, information gathering process has become extremely easy and fast. Why not make an attempt to learn how the forex trading differs from stock ...