• Should you copy a successful Forex trader's trades
• Which is the best Forex demo-account
• Do I have a successful Forex strategy?
Q. “Hi Timon, a quick question. What do you think about social trading apps such as E-toro where you can copy a trader” T
Answer by Timon Rossolimos, Red Hot Storm Trader:
Following traders is all about track-record.
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With any company, it's always important to keep accurate and organised financial records of how the business is doing.
This will tell you if the business is making a decent income, is growing at a profitable rate or if it's going down a one-way street to bankruptcy!
And with trading, it's no different.
So today, I'm going to show you how to run your Forex trading like a blue chip busine... ››› more
There are certain traits that make a good forex trader, or any trader for that matter. These include a drive to succeed and solid discipline. If you possess these traits, you're in a good position to do well forex trading. You can improve your chances of success further by having a trading plan. But it's crucial you keep a trading log. Read on to find out why this one item is so vital to your fore... ››› more
If you're looking to improve as a forex trader, there are a few things you can do. One of the most important things is to be flexible with your trading. Be flexible and adapt to the markets. You can't stick with the same view relentlessly. The markets are too uncertain at the moment for that to work. Read on to find out what you should do…
You need to be a flexible forex trader
The past y... ››› more
Hands up if you're looking for that sure fire system that banks winners after winners!
Hands up if you're looking for that "get rich quick way to grow your wealth"!
Hands up if you're looking to find those methods where you can predict exactly where the markets are going!
Does this sound familiar? Well this is a classical marketing ploy to try and attract your attention.
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Investing in foreign currency often referred to as foreign exchange (Forex) is a great way to earn substantial returns in a volatile and fast-moving market. But, “too many people ruin their chances trading Forex, either by jumping in with very little knowledge and suffer huge stress and inevitable crushing losses,” warns Forex expert Gavin Fourie in Ultimate Secrets to Forex Trading. Read on t... ››› more
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