Online forex trading is a fantastic way for serious investors to make money, but inexperienced traders often wind up with big losses. A good set of instructions can minimize the risks and save months of expensive trial and error.
Day Trading had its heyday during the bull market of the 1990’s. Most of the amateurs have [...]
It’s easy to get burned by forex scams on the Internet. Some of these web sites look perfectly legitimate and it’s hard to believe they are nothing more than a trading platform designed to steal your money.
If possible, verify the geographical location of the forex broker. The financial industry is relatively unregulated in certain parts [...]
Forex trading systems are all about placing investments in the foreign exchange currency markets… which is simply called Forex (or FX).
Over a trillion dollars is traded on the Forex market everyday. You can learn to chart and follow the markets on your own… or you can rely on a broker as you would in the [...]
Some forex trading brokers are not regulated… buyer beware bigtime!
In the U.S. we like to think our government agencies watch over us to prevent entities like unscrupulous forex brokers from taking advantage of us.
Nope… doesn’t work like that. In fact, the very agencies who are supposed to be protecting us are themselves equally unscrupulous.
This is especially [...]
Sometimes you will be restricted to a limited number of currency pairs. This is especially true if you are using some sort of artificial intelligence software.
On the other hand, most broker platforms permit you to trade all of the pairs. But then again, some will not let you trade oil, gold or silver.
Here is a [...]