Momentum Vs. Contrarian Forex Trading

In this short video Matt Miller will be touching on the subjects of Momentum versus Contrarian Forex trading. In order for one to be successful at Forex trading, it’s important to be familiar with the two concepts and how they differ. Matt Miller has over eight years experience trading Forex and has worked closely with […]

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Which Part of Your Income Is from Forex Trading?

Most dream of being a Forex only trader, however reality usually doesn’t pay them the kindness they hope for, but how much of the average trader’s income is from Forex trading? Most Forex traders only spend 1-2 hours working each day and rarely ever need to worry about their financial situation. All of their compensation […]

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How Your Worst Trades Help You Become a Better Trader

Even your worst trade can help you become a better and savvier trader. When you force yourself at a later time, to recall the emotions you felt when you made a bad deal, you can prevent yourself from repeating the same mistake. Identifying these behaviors can also help keep you from picking up any bad […]

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Focus On Trading Process And Not Results

An important part of building your portfolio is to focus on the actual process and not the trade results. At every odd or end of the market is a human, even the computers are run by people in a building somewhere. So a logical and analytical approach isn’t always a good one. In fact, this […]

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Advanced Training: Money Management

Can a money management strategy really be more important to your trades than a trade entry strategy? Managing your money in the trading world is first done with starting a trading plan. You’ll also have to manage your risk in your trade. An important factor is determining where you’ll put your Stop loss. Key Takeaways: […]

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How to Get On Board a Trade You Initially Missed

Learn what you can do to gain back a trade you originally let slip by. This has certainly happened to us at one point or another and it is definitely annoying. First, it’s important to understand the concept of price action signals. You’ll also want to keep your eyes open for second chance trading opportunities. […]

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Does Risk Management Really Matter When Trading?

Is risk management really now something to worry about when trading? Well, it’s actually one of the most important things and can even be a total game changer in your trade career. The more risk, the more your potential reward is. Risk is not a one size fits all concept, either. The point of risk […]

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Don’t Complicate Your Trading

Trading can become overcomplicated if you let it, in most cases leading to self sabotage. Trying to keep things simple may not be as easy as you think as inexperienced traders try to find better ways if at first they don’t succeed. Stick to what is useful and needed, and try to stay in one […]

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Best Forex Trend Indicator

Defining Forex trends can be very difficult, but for peace of mind it is important to be able to track the trends in order to know when to trade safely. FxPM software allows you to look at many different timeframes quickly and easily and get plenty of information on trends. Key Takeaways: Trading with the […]

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