5 Reasons to Trade Forex Instead of Stocks
While Forex trading is becoming more popular in the United States, the vast majority of investors still do not understand the massive advantages offered in the foreign currency market when compared to equities or fixed income trading. When you fully grasp the following concepts, you'll understand why you might want to reconsider your current investment strategies.
1. Currency prices are not heavily influenced by institutional investors. In stock trading, there is a...Read more : 5 Reasons to Trade Forex Instead of Stocks
5 Useful Tips For Your Success In Forex Trading
1. Implement a trading plan.
A trading plan is especially crucial in Forex trading to stay ‘in-control’ against the emotional stress in speculative situation. Often, your emotions will blind and lead you to the negative sides: greed causes you to over-ride on a win while fear causes you to cut short in your profits. Hence, a well organized operation has to be predetermined and strictly followed. Always remember: “If you fail to plan, you plan to fail”.
2. Trade within your means
Read more : 5 Useful Tips For Your Success In Forex Trading
A Guide to Forex Trading
Market knowledge and ability to understand analysis will only get you so far in Forex trading, but without the nerve to actively compete risking your own money in the process you can never become a successful trader.
Wagering huge volumes of money in a market as susceptible to change is liable to cause a whole range of opposing emotions; fear, excitement and anxiety just to name a few. Battling against your emotions in order to complete a successful deal is one of the major hurdles, whi...
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Advantages of the Forex Market
What are the advantages of the Forex Market over other types of investments?
When thinking about various investments, there is one investment vehicle that comes to mind. The Forex or Foreign Currency Market has many advantages over other types of investments. The Forex market is open 24 hrs a day, unlike the regular stock markets. Most investments require a substantial amount of capital before you can take advantage of an investment opportunity. To trade Forex, you only need a small amo...
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Books on Currency Trading Get Started Faster in the Foreign Currency Exchange Market
Many people are showing interest of investing their money in currency trading. However, the fact remains that the foreign currency exchange market is no place for beginners.
If you do not have experience in the field of foreign currency exchange, you need to at least have knowledge. For without knowledge or experience, you'll never survive the foreign currency exchange market.
Where can you get books on currency trading?
There are a lot of sources for curren...
Stay the Course with Global Investing
You need to stay the course with a balanced global portfolio that seeks growth and value around the world. The global pull back in equity markets has rattled some investors and perhaps made them think twice about a global approach to investing.
Let’s put things in perspective. Even with the haircut in international markets, here are the numbers.
During the last 12 months ending last Friday, eleven country-specific iShares that have more than tripled the return of the S&P 500 inde...
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Sweden A Time to Choose
There are many who scoff that politics should have much to do with investing. When selecting ETFs, I look at several factors such as fundamentals of companies in the ETF basket, capital flows, technical factors, macro indicators, currencies and so on. But the direction of market reforms which is what politics is all about sometimes rises to the top. Think of the Reagan led Republican sweep in 1980 and the significant tax cuts and market reforms in Ireland and Australia which preceded their st...
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The Major Players in the Foreign Currency Exchange Market - FOREX
Since the US dollar is the centerpiece of the market, it is normally considered the 'base' currency for quotes. In the "Majors", this includes USD/JPY, USD/CHF and USD/CAD. For these currencies and many others, quotes are expressed as a unit of $1 USD per the second currency quoted in the pair. For example, a quote of USD/JPY 123.50 means that one U.S. dollar is equal to 123.50 Japanese yen.
When the U.S. dollar is the base unit and a currency quote goes up, it means the dollar has a...
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