Whether you're looking for a new career, second source of income, or just hoping to retire early, trading the Forex market has the potential to meet your needs. Here at The Forex Trading Institute we've gathered together some informative articles, tips, and advice for you to use.
So, whether you’re a beginner or a seasoned trader, we cover topics from the basics to some of the most advanced strategies out there. We're hoping the following articles will assist you better understand the Forex market and currency trading. If you have any comments or questions, please let us now.
The Forex Trading Institutes' Trading Success Series of Videos & Articles equips traders with time tested and proven tips and techniques to make your trading everything it should be.
Throughout the whole Trading Success Series Steve Rising provides you with valuable insight into what makes the Thinslice Trading so powerful along with actionable strategies and tactics you can put to use today!
When you are selecting a forex trading program here are four important things to consider: Learning to trade consistently is a process that is learned over time; more information is not better information; you cannot price shop trading programs; and there is no such thing as a "one size fits all" trading process!
Priority number one for the forex trader is to preserve his capital. Priority number two is then to grow that capital. These two priorities are often overlooked. Most traders believe their first priority is to just fire off trades hoping the end result is a profit. These two priorities are often overlooked. Most traders believe their first priority is to just fire off trades hoping the end result is a profit.
Prior to electronic trading, before there was free real-time online access to charting, selecting a time frame to trade with was a non-issue. Standard operating procedure was to simply look at a daily chart and end of day activity. Today this is no longer the case. With easy access to real-time charting, selecting the correct time frame is an important element to a trader’s success.
Former NASA engineer develops forex trading software that yields a consistent 7% return by automatically trading for you. Sounds too good to be true? Unfortunately it was. If you were involved in online trading in the beginning back in 2000 you probably saw a lot of infomercials promoting various trading software products. The average cost back then was $5,000. None of those companies even exist today. What was the reason? None of those software products worked.
The internet has changed countless areas in our day to day lives. It has not only changed the way we access information but the information we have access to as well. However in the trading world I see folks stuck in the past typically using techniques and processes developed decades ago.
Many sports analogies can be applied to business situations. Here is a great one: Alex Honnold, the record-breaking free solo climber, said "There is no adrenaline rush…if I get a rush, it means that something has gone horribly wrong…the whole thing should be pretty slow and controlled".
A short recording and analysis of why scalping the Forex makes sense.
Technology has revolutionized Forex trading. There are robots, systems, programs, applications, add-ons, plug-ins, indicators, bells, buzzers and alerts! The reality is that most of these technology-based trading processes do not work.