Are you aware that only 5-20% of financial market traders are actually successful? Meaning, this small percentage is actually out-profiting their losses. I only want to focus on the 1% of the 5% for a minute. These are people who trade and are successful over the long haul. Not every millionaire in the market has a college degree or knew anything about investments or finance before they started trading but they realized the potential and almost
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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
It’s been scientifically proven that you don’t need to work 16 or 18 hours a day to be more effective. In fact, the exact opposite has been proven. It’s important to take breaks just as it’s important to reward yourself. Going on vacation is good for productivity and the economy.
As Americans, we already have the fewest vacations day than any other country, but why have we been taking less and less vacation? According to Psychology