Education - Advanced

So you tried your hand at Forex and failed… went broke… blew your first account. Well, “If at first you don’t succeed, try, try again” says an old English proverb and that alone could be reason enough for you to try to succeed in Forex once again. But I am

Smaller investors have come across as so confident that even at times they appear arrogant.  This is of course off putting to anyone who specializes in risk controlled strategies because when smaller investors are overly confident that means they don’t care about risk control at all. Recently, however, I have

If you are willing to test your skills in forex then you should be able to get a grip over the techniques of seasoned traders, who have survived the ups and down of this market to stay so long in the business. You cannot learn it in a day. You

In traditional investing, risk is viewed as volatility or standard deviation of the asset’s marked to market value. Standard deviation tells you how much an investment’s value will fluctuate from the average return. The more volatile the investment is likely to swing (both positively and negatively) around it’s own historical

A CFD or Contract for Difference refers to an agreement, reached at by two parties, whereby the difference between the opening and the closing price of a contract is exchanged. It allows the trader to trade on the price movement on several financial assets like the commodity futures and the

Very often when backtesting forex MT4 EAs, we come across charts that look like this:   The concept of reverse trade copy The above is the performance of the default Moving Average EA found pre-installed on MT4 platforms, very bad isn’t it? What if there was a way to reverse all

Trend following strategies have been under the limelight for its dismal performance in recent years. Whenever we think of trend following, we think about Commodity Trading Advisors (CTA) and as a result, CTA funds’ performance has been closely scrutinized as well. Media has also been quick to jump onto the

The financial markets offer everyone routes to building personal net wealth – and losing it too, if they make bad decisions. At the heart of every financial decision, lies an assessment of risk – and your own personal appetite for taking on risk. Simply put, risker financial products and schemes

Online shopping is a great way to save both time and money. The Internet is filled with many stores which offer discounts and hold regular sales along with offers for free shipping. Below are a few tips which will help you find whatever you want to buy online, whether it

The martingale strategy is a money management technique that became popular in the 18th Century by proposing the unlikely possibility of a 100% profitable betting strategy. Invented by French mathematician, Paul Pierre Levy, the idea behind the martingale is simple enough and involves ‘doubling down’ whenever a losing bet is

Backtesting is an important step in  forex trading strategy evaluation. Because backtesting is historical, the backtesting program will have to make assumptions regarding two key components of forex trading profitability: the spread and swap rate. What Spreads to Use for MT4 Backtest? Let’s look at spreads, which is the difference

Since it is market participants who ultimately drive forex prices through the act of buying and selling various currencies, it’s fair to say that knowing who is buying what and how much would be extremely useful information in predicting future price moves. Well, the good news is, that using a

What’s Bitcoin? There has been much media hype and frenzy over Bitcoins, likened to the gold rush in the 19th and early 20th centuries. Bitcoin is a peer to peer network launched in 2009 after the Global Financial Crisis, that allows for the proof and transfer of ownership, without the

Bollinger Bands® are one of the most commonly used chart indicators available today in the markets. But while many traders will plot these readings on their charts, few actually know how these visuals are calculated. it is a major newbie mistake to start using an indicator when you know nothing about

Potential Problems in Manage Losing Trades Whether you are looking for investment opportunities in a growth, value, contrarian, or day trading context, losing is a reality of the financial markets.  Even the best of the market’s traders have bad days, and all we can really hope for is a rough

Risking Excessive Amounts of Capital in a Single Trade Most of the common forex trading mistakes that have been discussed around the internet mostly with trading strategies rather than in money management techniques.  While money management is generally viewed as one of the more boring and less glamorous aspects of

Common Problems Encountered By Intermediate Traders Now that you are an intermediate trader with some market experience, it is important to look at some general rules for how trades should be approached and constructed.  We can look at trading frequency to identify some of the common problems that traders tend

Nicolas Darvas (1920-1977) was a famous dancer and successful investor who has become an inspiration for millions of people around the world. Forced to leave his native country, Hungary, in 1943, he formed a dancing team with his half-sister Julia and together they became one of the most popular professional

Forex Education:  Understanding Consumer Inflation Reports For traders looking to implement fundamental trading strategies, it is important to have an understanding of what each report means so that we can have some of idea of how markets will react once the latest results are released.  One of the most commonly

Forex Education:  Forecasting Interest Rate Decisions For traders looking to implement fundamental trading strategies, it is important to have an understanding of how interest rate policy is determined.  “Any changes in these areas will have a significant impact on all asset classes –stocks, bonds, and commodities,” said Haris Constantinou, an analyst