The aim of this Forex blog is to provide up-to-date and actionable information about Forex trading. Learn now about forex trading ..
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Forex Trading Micro Account, is it Profitable?
Published on 2010-03-05 07:38:26
More and more forex brokers offer Micro accounts where you can open a forex trading account for as low as $1 ( usually $25- $50 though). Are these accounts profitable? They can be but you should be careful and keep in mind that these accounts can also get very risky. What is a forex trading micro [...]
Risk/Reward ratio when Trading Forex
Published on 2010-02-26 09:57:04
When trading forex, this is one of the most important questions to ask yourself, how much are you willing to lose (your risk) for what gain (your reward). For example, after doing your fundamental or technical analysis, you think that you can make $1'000 on a trade, looks good but... you might be wrong so how much are you willing to lose on that position? $1? $100? $10'000?
When trading forex, is it better to use fundamental or technical analysis?
Published on 2010-02-24 04:47:38
When trading forex, 2 major analysis techniques prevail, fundamental and technical. Fundamental analysis uses economic, social, political and other macroeconomic factors to determine price changes. Technical analysis uses chart study and past performance statistical model to predict price movements.
