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Trading Tips

Trading tips for the holiday season

For most traders, holiday season is a time to take a break from the charts and spend time with the family. It is therefore not surprising to find that liquidity and trading volumes generally decline during holiday seasons, especially during… Read More

Trend is your friend!

Trend is your friend! A trend is an established directional movement in an exchange rate observed over time. Many successful forex traders consider the trend to be their best friend as a trader, so they avoid trading against such a trend… Read More

Let Your Profits Run!

Let Your Profits Run! An important aspect of most successful Forex trading money management plans usually involves allowing profits on winning positions to accumulate, or run, as long as the market is moving in a favorable direction.… Read More

Keep control of your emotions

Learning to keep control of your emotions when trading is an essential part of becoming a seasoned forex trader. Basically, traders are humans who have emotions that can cause trading errors that interfere with the successful application of… Read More

Don’t Marry a Position!

Don't marry a position From a trading perspective, marrying a position means a trader has become emotionally attached to holding it, especially in the face of strong evidence that this is not the right position to be in. This particular… Read More

Be Flexible

Be Flexible! The nature of financial markets is that they rise and fall along with fluctuations in supply and demand, and the forex market is no exception to this general rule. Successful forex traders usually avoid holding a stubbornly… Read More