Archive for May, 2009

Never risk more than 2%” on any forex trade

Never risk more than 2%” on any forex trade
It’s an advice you will hear from many professional traders. Trust me, they know what they are talking about. Why is it so important to follow this rule? Successful forex traders have high winning ratios(70% or more), so why don’t they risk more? Maybe 5%!
Let’s examine [...]

Do you want to learn forex? There a lots of ways

It isn’t hard to learn forex, but it does take time and dedication. The principles involved are fairly easy from a mathematical standpoint, and the basic way that the system works is straightforward enough once it’s been explained to you. But the details and nuances of the market can make it daunting.
The first step as [...]