Surprisingly Forex has been around since the beginning of time. Foreign Exchange is a concept that most likely started with cavemen. Just imagine if you were alive back then, starving, there’s nothing to eat until someone comes along with a few squirrels tied around their neck. To get one you would most likely have to exchange something, right? How about that bone necklace you made from your last kill? This concept isn’t anything new, yet many
Perhaps you’ve tried trading Forex and other markets using every possible strategy you could think of. Or maybe you’ve taken a few losses that have affected your trading psychology? Whether you realize it or not, our subconscious mind plays a substantial role on our everyday lives – this includes trading. We are what we believe we are and these are tips that will help you understand how to better your trading success by reprogramming your subconscious
The Truth About Market Makers
Contrary to popular rookie belief, Market Makers are not professional traders that your broker hires to trade against you and try to crash your account. Confusion arises for people who are new to trading because people want to know, are market makers for or against you?
Simply put, to answer this common question, Market Makers, whether individual or a firm, are actually there to help you. They are equally looking out
The 5 Most Traded Currencies
The top 5 most traded currencies in the world are the U.S. Dollar, the Euro, Japanese Yen, Great British Pound and the Australian Dollar. Aside from only knowing that, knowing why and how they correlate to the richest currencies will give you a better understanding of their economic structure.
A better understanding of their economic structure will result in a better understanding and better analysis of the foreign exchange markets. Ultimately,