You don't understand a specific financial term ? Visit our Forex glossary
Page 5 of 5 FirstFirst ... 345
Results 41 to 45 of 45
  1. #41
    fxb trading is offline Senior Member
    Join Date
    Jul 2017
    Posts
    128

    Default


    The financial advice you wish you’d received at 18

    Good financial advice is priceless, and the sooner you get it and apply it the better off in life you’ll be.

    Today’s 18-year-olds who are preparing to go to university do so knowing that they are going to rack up a sizeable amount of debt by the time they graduate.

    Has anyone sat down with them and fully explained the impact debt has on their life?

    Advice about the benefits of getting a good education are echoed everywhere but strangely enough young people get little formal advice about financial planning through regular education channels. Aside from what they hear from their parents, who aren’t always the best at giving guidance on money management, they learn by experience.

    The internet offers lots of financial advice in return for a few keystrokes and a couple of clicks but there’s so much out there and much of it is confusing and contradictory.

    The financial challenges faced today make being engaged with the world of money more important than ever. Job security is something we reference in history books, banks are a very different entity to what they once were and the world is evolving at a far greater pace than it has ever done in the past and these changes are impacting more people, more quickly than ever before.

    Read more

  2. #42
    fxb trading is offline Senior Member
    Join Date
    Jul 2017
    Posts
    128

    Default


    Learn to read between the lines to make better trades

    So, youíve got the trading bug. Youíve made your first profits Ė albeit modest Ė by making safe trades.

    There are riskier trading strategies that can earn bigger profits. You know about them, youíve been warned about them, and youíre not interested because the downside is too great.

    So how do top traders end up making so much more money?

    Itís not by taking bigger risks.

    Profitable traders earn more because theyíre better at predicting and understanding how markets react to news and economic data. They read between the lines of the constant stream of information that is available on trading platforms to make more profitable judgements.

    The best traders use information to make a trade before the trend becomes visible to others.

    For profitable traders, breaking news stories and economic data is information to be deciphered into factors that can affect the market.

    Itís not easy. If it was everyone would do it. But itís far from impossible, and can be learned.

    Understanding economic performance and what affects it is an area that profitable traders excel.

    Read more

  3. #43
    fxb trading is offline Senior Member
    Join Date
    Jul 2017
    Posts
    128

    Default


    Cryptocurrencies and gold: You need to take a position

    Any trader looking to make money on the markets needs to invest time researching before taking a position.

    If you do a search on cryptocurrencies it wonít be long before youíll see an article that compares their merits against gold.

    Should you invest your hard-earned money in gold or cryptocurrencies? They ask, and variations on that theme.

    The number of these articles implies that they are somehow in competition with each other.

    But itís a phoney war, as they both have a different role to play in the world of finance and in your portfolio.

    One of the reasons gold has stood the test of time is the stability it offers against the unpredictability of currencies and the sudden collapses that have taken place throughout history that can wipe out fortunes in an instant.

    Gold is the perfect way to hedge against risk, impervious to natural, financial or political disasters.

    Cryptocurrencies also offer a viable alternative to traditional currencies because they are decentralised, meaning no central authority can take it away from you.

    Read More

  4. #44
    fxb trading is offline Senior Member
    Join Date
    Jul 2017
    Posts
    128

    Default

    Wise Trading Words from Pro Traders

    Ever wonder how professional traders deal with the ups and downs of forex trading? Here’s a glimpse …
    The most successful traders view forex trading as a game of possibilities. Sometimes you win, sometimes you lose. In fact, there are occasions in every trader’s career when a losing streak can seem to go on forever. Losses happen, but what sets successful traders apart is the way they deal with the ups and downs of the markets!

    If you are at the point in your trading career where you just feel like quitting, take heart … All successful traders went through what you are feeling, but overcame their doubts to become seasoned traders. They still lose some trades, but they understand that losses go with the territory and all that matters at the end of the day is that your profits far outweigh any losses you make.
    Read More..

  5. #45
    fxb trading is offline Senior Member
    Join Date
    Jul 2017
    Posts
    128

    Default

    Strategies for Successful Trading Decisions Going Short or Long

    The Forex market is quickly becoming the focus of attention for millions of new entrants as a result of its unique advantages. A large number of people have learnt how to make clever investment choices in order to take advantage of the market. Two strategies in Forex are going long and going short – once you understand these two strategies you will be able to make important decisions in order to be profitable. The two main strategies will be examined below.

    Going Short

    This trading strategy is when the base currency is sold in order to buy it at a later stage when the price begins to fall, resulting in a return from the transaction. For example, if the current GBP/USD is 1.5345 meaning we pay 1.5345 Dollars for one Pound Sterling, and we have $1000 dollars, we would sell the Dollars in order to purchase the Pound Sterling. This is carried out when the cost is expected to fall again in a short period of time. When the price GBP/USD falls to 1.5350, this means that more Dollars can be purchased with the same amount of Pounds that were obtained at the start. The additional dollars can be kept as profit which were earned by considering the dollar as the base currency.

    Risk in Short Position

    As with all financial markets, forex involves the same amount of risk. If the prices go in the exact opposite direction than originally expected, there will be a loss instead of a profit. For example, if the GBP/USD goes to 1.5340, you would not even get the same amount of Dollars that you sold initially. This strategy is only profitable if prices drop.

    Read more

Page 5 of 5 FirstFirst ... 345

Similar Threads

  1. New Useful Forex Articles
    By vic2 in forum Software
    Replies: 4
    Last Post: 10-18-2016, 03:53 AM
  2. Latest Forex Articles
    By fizah in forum FX Articles
    Replies: 0
    Last Post: 01-27-2010, 11:42 AM
  3. Forex Articles
    By aparsai in forum FX Articles
    Replies: 1
    Last Post: 02-09-2009, 12:57 PM
  4. Forex Articles
    By iticsoftware in forum FX Articles
    Replies: 2
    Last Post: 06-20-2008, 09:20 PM
  5. Collection of Forex Articles
    By dima777 in forum FX Articles
    Replies: 1
    Last Post: 11-29-2007, 09:20 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Comparing Versions of footer
 

Search Engine Friendly URLs by vBSEO 3.6.0