12 Forex Trading Tips from Market Gurus

Leonard Ravenhill once said, “The opportunity of a lifetime must be seized during the lifetime of the opportunity.” Though Ravenhill was an evangelist, his quote is very apropos to that of day trading. Never in …

The Solution-Focused Trading Mindset

As a person who suffers from chronic depression, I am familiar with the mindset that goes along with it…. First, you feel depressed and unable to function. Then you chastise yourself for not being able …

The Carry Trade is not Dead

If you’re fairly new to the Forex markets, you might not yet be familiar with the trading methodology known as the “carry trade.” It’s also known as interest-rate arbitrage. The concept is simple. Borrow (sell) …

Understanding Leverage In Forex Trading

Although the exchange of foreign currencies can be tracked back to ancient times, the formal Forex market we are most familiar with today has been around since the mid 1970’s. In the last couple of …

Are Great Traders Made or Born?

You have probably seen the much-published but unsubstantiated statistic that 95% of traders fail.  Whether it’s a true fact or not, it’s not a difficult number to believe. It certainly does seem that trading is at times …

Is Trading in Quiet Markets a Good Idea?

Most Forex traders are looking for high-volatility markets (wild swings up and down), so that they can jump into the action and make a few pips. However, you may be tempted, at times, to start …

7 Common Trading Errors Only Novices Should Make

New traders, those who jump right into trading without careful analysis and preparation, often make a range of mistakes, from silly accidents to potentially career-ending whoppers. Novice traders, entering the market with a false sense …