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Online Trading Tips

Archive for April, 2009

'italic;' class='tradesbyline'>by Terry Patton

Successful forex traders will always be happy to share with you why they are so good at making money online. They will more than likely tell you that it is all because of the forex software that they use.

Not that getting their particular system up and running was easy. In fact, plenty of time, effort, and cash were probably expended in finding an existing system, or in building one of their own. To make the hunt for your own system easier and more efficient, let’s look at a few hints on how to proceed.

'italic;' class='tradesbyline'>by Brad Morgan

Have you ever heard of Forex? If you haven’t, you’re not alone. While most people know what the NASDAQ is, many have never heard of Forex. So what is Forex, and how can you benefit from it?

Forex is actually a great way to invest your money. Forex stands for foreign exchange market. It is the place responsible for trading in one currency for another. Every country has a different value to its money, and Forex keeps everything straight and allows you to change one currency into a different currency.

'italic;' class='tradesbyline'>by Hass67

There are two types of forex traders. One type of traders depends on fundamental analysis in trading forex. The second type of traders depends on technical analysis in trading forex. Whether you are a fundamental trader or a technical trader, you should not underestimate the importance of economic data in shaping trading strategies.

Over 90 percent of currency transactions are done against USD. USD is either the base currency or the counter currency in most of the currency trades.

'italic;' class='tradesbyline'>by Rick Amorey

It is so hard top think of the future, and this is doubly so when you are constantly reminded of the obligations brought upon by the spending in your past. Why will you think of putting more money into savings when you are still worrying about your student loan? How can you think about the far-off retirement years if you have to worry about mortgages today?

In this time and year, even the current events present problems that will make you think twice before investing for the future. What if the total amount you have from ten years of frugality devalues by more than 50% in the stocks in less than a month? With the recession in full swing, this is unfortunately a very likely scenario.

'italic;' class='tradesbyline'>by Donald Saunders

The key players in the Forex currency market are the banks, financial institutions and governments who use their huge stores of currency in order to influence the market. The balance of the market comprises individual and often part time investors numbering in the hundreds of thousands all over the world.


How to Keep a Forex Trading Log

'italic;' class='tradesbyline'>by Mark Thomas

Traders find keeping a forex trading log very important. The word “log” is understood by many as something similar to creating a diary. A “trade log,” on the other hand, is something that the majority of individuals believe as something that you do if you want to have a record on the trade details. In this way, you must have a piece of paper and a pen or even a pencil and then you will write down the trade logs that you are watching over for quite a few days now. This is only one method but there are some traders who use this one. This is not really the best technique because there are inevitable instances that you will misplace the information that they have recorded or there may be times when another person will get the data accidentally.


Carry Trading in Forex

'italic;' class='tradesbyline'>by Hass67

In currency markets, carry trading is done by many investors to take benefit of the basic economic principle that money flows where the returns are high. This constant flowing in and out of capital between the different markets is what makes carry trading profitable.

Carry trading is quite popular among professional forex traders. Hedge funds and investment banks also do leveraged carry trading to make profits. You as a retail forex trader can also benefit from carry trading.