General
The Hidden Costs of Forex Trading
Sunday, 12 September 2010 15:23
For the purpose of this article, I would like to highlight an aspect of Forex trading which is often the very last thing on the minds of traders: The cost of doing business. As is widely known, if one participates in the Equity or Futures markets, there is always a commission charge for taking a trade. This charge pays the broker for allowing the position to be taken in the first place. While there is a difference in commission charges among the various equity and futures clearing firms, the
Motion Into Mass: An Example Trade
Sunday, 12 September 2010 15:23
Before starting my career at the Chicago Mercantile Exchange, I did two things and really two things only. I played ice hockey and went to school where the focus of my studies was Biology and Genetics. I know what you're thinking, how boring... Well, I actually was and am still fascinated with the study of life so I really enjoyed those days. Around every corner of Biology, Chemistry, Genetics, and so on is another mathematical equation. After diving into this field, I quickly realized that
A Practical Use of Technical Indicators
Sunday, 12 September 2010 15:23
After having just spent six days in the Online Trading Academy classroom with a brand new group of Professional Forex Trader students, memories of my own experiences in the class have come flooding back to me. I distinctly remember how I felt when I was learning all about support, resistance and trends and as the pieces of the puzzle slowly started to fit together. Now that I am on the other side of the room, I use my own experiences to teach my students in the most practical manner in which I
Why Proper Market Speculating is so Difficult for Most People
Sunday, 12 September 2010 15:23
Compare the average investor's returns around the world to the average Wall Street firm's returns. I think we would all agree that the average Wall Street firm is making the lion's share of the money, while the average investor is either losing or not making much at all. Next, think about what the average investor does in the markets, they "buy stock." Now, think about what the average Wall Street firm does, they "sell stock." Hhmm... One group is selling and making super high returns each
Read more: Why Proper Market Speculating is so Difficult for Most People
Trade Management: Often Overlooked and Mostly Ignored
Sunday, 12 September 2010 15:23
There are many factors that determine the overall success rate for a trader. It is easy to see the vast differences between the novice and professional speculators, but as the beginner starts to make progress, it comes down to the more subtle factors which greatly distinguish the level of their consistency. We all know that the majority of novice Forex traders fail to protect their capital efficiently enough, resulting in early account retirements and huge losses, plus they typically do not
Read more: Trade Management: Often Overlooked and Mostly Ignored
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