I need to catch my breath. I'm so amazed at the stupidity I've just read on Twitter.
A new Forex trader bought the Great British pound to the US dollar. And he sent a tweet saying this.
“I just bought the Pound against the dollar and I'm hoping that the Pound goes up now.”
Next, I read a reply from some other trader.
RT: “Don't worry, just think positive thoughts and you'll mak... ››› more
There are so many Forex scams out there promising fast gains and lucrative returns, that when most traders hear the word “Forex”, they immediately think that we're out there to swindle you out of your money.
But at FSPInvest, we don't make promises that we can't keep. So when we say that our Forex Trader service is a great way to make quick gains from trading international currencies, we m... ››› more
Back in 2003, I had such ridiculous expectations when I first started out trading. I thought I could turn R30,000 into R60,000 rand in just one month. I was at a stage in my life where ego controlled my trading decisions. Because I had this incredible power to trade on the stock market, I felt like a trading emperor. I imagined I never had to work another day in my life! But in the first two years... ››› more
Traders must limit their losses and protect their winning trades. But the problem is this:
They work on convoluted methods with complex formulas, numbers and unnecessary calculations.
But it doesn't have to be so complicated.
I'm going to show you how to limit your losses and improve your win rate by 50%. Best of all, it will only take you 15 minutes to understand how to use it.
Here's... ››› more
First, I want to thank you for your questions on the Investors club. Every question you ask, helps me get an idea on what you need to trade more successfully. This year I want to make sure I answer as many of your burning questions as possible. And starting today, I thought we'd address this question from Markus.
“How can I save some money every month to trade Forex?"
Freeing up money to trad... ››› more
Many traders are attracted to the forex market as it is highly liquid and open 24 hours a day, five days a week.
So what are the basics of forex trading you need to understand?
Let's take a closer look…
Forex trading is all about trading currency pairs
Each time you trade forex, you’re trading a currency pair. You take a view on how one currency in the pair will perform ... ››› more
One of the advantages of trading the forex market is that it's open 24 hours a day, five days a week. This means that apart from a short time over the weekend, you can trade this market.
From first thing on a Monday morning, the forex market starts trading in the east. As the day goes by markets open and close across the world heading west.
But there are times when the forex market is at its... ››› more
If you're looking for a new trading opportunity, forex trading could be for you.
From trading the ups and downs of the world's currencies, you can make substantial profits.
But how does the forex market work? How can you make money from its moves? And how can you start trading?
Read on to find out the answers to these questions and much more…
The basics of the forex market
... ››› more
Forex trading is about trading the world's foreign exchange market. The forex market is the largest and most liquid financial market in the world.
Its liquidity and size means there are ample opportunities for traders to take advantage of.
So how does forex trading work?
Let's take a closer look…
What is forex trading?
Forex trading involves trading currency pairs. You ... ››› more
If you want to trade forex, you need to understand the forces that move the market and make the value of currencies change.
By knowing this, you'll be in a better position to trade profitably.
Let's take a closer look…
Supply and demand drives the forex market
Like all financial markets, the main factor driving the forex market is supply and demand. When one currency is in more de... ››› more
Forex trading involves trading the world's currencies.
By trading currency pairs, you can profit from the rise in value of one currency against the fall in value of another one.
The forex market starts trading very early on a Monday morning and trades straight through until late on a Friday evening.
With the forex market trading 24 hours a day, five days a week, are there optimum times t... ››› more
On 15 August 2015, FSPInvest.co.za held the first Forex 101 Workshop.
And the first thing I did when I took the stage, was take two selfies with the audience.
What a way to start right?
I mean, if Ellen DeGeneres can take a selfie at the oscars, Jimmy Fallon (host of the Tonight Show) can do it and even Barack Obama, why can't I?
If you're a little upset that you're not in the photo be... ››› more
With every venture you take, you need to keep tabs on it.
Whether you run your own trading account or follow a trader service, you need to know how your results are doing.
Ask yourself… Is your portfolio growing at a profitable rate? Or is it on a one-way street to bankruptcy.
When you're done reading this, you'll know exactly what to do to keep track of your Forex success in just 10 se... ››› more
To sum it up: You'll find the 46 top secrets every successful Forex trader needs to know! And how you can use them to secure your Forex success sooner than you ever thought possible.
Dear new Forex trader,
When you start Forex trading it can be exciting...
But if you don’t know everything you should about Forex it can be a nightmare.
You see, knowing all the essentials ab... ››› more
If you enjoy trading or are seriously considering it, have you thought about trading forex instead of shares?
There are a number of reasons why you should think about trading forex.
Read on to find out what these reasons are…
Six benefits of trading forex
There are numerous advantages of trading forex over other financial markets…
Benefit #1: The link between the forex market... ››› more
Five of the world's largest banks are facing fines amounting to almost $6 billion. This follows investigations into currency rigging.
Four of the banks' fines relate to forex market rigging. The other bank's fine relates to the rigging of benchmark interest rates.
Let's take a closer look at what happened…
For five years, currency traders manipulated the forex market
Five of the w... ››› more
“Hi Timon, I want to trade Forex but I have no idea how to read the currency table, when I open my Forex platform? Please can you help me understand this better?” K.L
I remember when I first started trading Forex. Damn I was excited! I opened an account with a Forex broker, loaded my Forex platform and saw the wonderful world of currency pair prices trading live right before my eyes.
Th... ››› more
If you want to trade the biggest financial market in the world, forex trading is for you.
This multi-trillion dollar market hardly ever sleeps. It opens first thing on a Monday morning and trades right through until late on a Friday night.
So why should you consider forex trading over other forms of trading?
Let's take a look…
Reason #1: Forex trading fits in with your life
As ... ››› more
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