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Forex Trading System

  Many currency spread betters use a forex trading system to determine their entries and exits and to analyse the markets for future trading opportunities. A good and robust trading system will include a set of rules which will allow a trader to trade and place spread bets without...

Being Smart With Your M...

The best way to manage your finances well is to instill in your mind that money is not something that is handed over to you, rather it is something born out of your hard work. Indeed, those who aspire to become wealthy will realize soon enough that passion and desire are often not enough...

Cut Costs on Employee E...

Living as an employee is not as enjoyable as it is if you don’t know how to handle your earnings well. There are employees that work to pay off their bills. They work hard only to found out that the pay they will receive on their payday is just enough to pay for their debts. Sadly...

4 Myths and truths rega...

Your credit card debt difficulties can be controlled if you opt for credit card consolidation. Credit card consolidation helps you to consolidate all of your credit card debts into one single but large debt with lowered interest rate. Thus, it helps you in paying off your credit card...

Case Study: The Effects...

Even if short term trading is not affected by the market news generally, there are some major events that could destroy your bankroll in seconds. Let’s see the case of the Japanese Earthquake at the beginning of the year 2011. In the first day of the disaster, the earthquake destroyed...

Think on the Long Term

There are two methods to trade: short term operations and long term. The short term operations are usually based on mathematics. The market news will not affect this kind of trading, as you will only base your calculations on mathematics. On the other hand, this is also a risky method, as...

Don’t Be Loyal!

One of the major mistakes of the beginner Forex traders is to be loyal to a certain currency. For example, a beginner might be tempted to choose only pairs with his national currency. Sure, if we are talking about an American trading only pairs with dollars, this might be a good idea....

Calculation Example

If you have 10 000 dollars in your account and a leverage of 1:100. We will also consider the minimum lot as being 100.000. A smart investor will never risk more than 1 % of the total bankroll. If you are trading five lots, you will risk loosing 5 % of your total bankroll in a single...