Archive for October, 2007
Monday, October 29th, 2007
To become a successful trader, you have to stay rational and emotionally detached. Many novice traders ride an emotional rollercoaster, feeling on top of the world after a win, but down in the dumps after a loss.
In contrast, most professional traders stay calm and relaxed even after a series of ...
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Saturday, October 27th, 2007
The US dollar fell to yet another record low against the Euro on Friday as traders remain overwhelmingly bearish on the greenback. However, the markets have remained bullish on nearly everything else, including commodities. In fact, oil continued to trade near record highs above $90/bbl on Friday amidst escalating tensions ...
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Sunday, October 21st, 2007
1. Forex is the world’s largest market. With a $2 Trillion a day volume, forex market participants includes banks, corporations and individuals like yourself, trading from around the world.
2. The Forex market is open 24 hours a day, 5.5 days a week. Because of the decentralized clearing of trades and ...
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Thursday, October 18th, 2007
This section is one of the most important sections you will ever read about trading.
Why is it important? Well, we are in the business of making money, and in order to make money we have to learn how to manage it. Ironically, this is one of the most overlooked areas ...
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Sunday, October 14th, 2007
It has been a record breaking past few months in the currency markets. While the EURUSD, the most actively traded pair in the world, made headlines when it surpassed its all time high late September; the story was quickly overshadowed by the Canadian dollar which reached parity with the US ...
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Friday, October 12th, 2007
Trading is not your everyday business. It is in actual fact, a rather demanding affair. This is a game that only the most skilled traders can play to make a living as an active trader. Do you have what it takes?
The first step towards this goal is to approach trading in a serious and ...
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