Latest Posts
$EVZ (EURO FX VIX): Pre-trading tool
If you’ve listened to the No Nonsense Forex podcasts, videos and read through the blogs, you probably have heard the term; “The Euro VIX”, or the Euro currency volatility index mentioned as a pre-trade tool. You may ask yourself; “What it is, how can it help me, and...
Forex Regulators – who’s watching who?
The Watchers - a look into trading oversight Let’s talk about who watches the market, through the referee lens. Back in the early days of on-line trading, before the 2008 financial crises, the Spot Currency Market was akin to the wild west. Brokers from all over the...
Do Women Make Better Traders?
Historically, the world of trading (all markets) have been dominated by men and only recently, have women entered the arena. This bears investigating. Let’s dive into this a bit. Testosterone Women are not as susceptible to overconfidence. Additionally, women don't...
Does it Take a Lot of Money to Trade?
Anybody Can Trade Unlike other markets, most FOREX brokers have low minimum account requirements. Almost everybody can open a live account. With the power of leveraging (also known as “gearing”), your dollar, yen, pound, or whichever currency you fund your account...
Trading Psychology
Emotional Roller Coaster Trading can be one of the most exciting, nerve wracking, maddening, giddy and scary things you ever experience. The emotional highs when trades are “in the money” can be tremendous. However, the lows when your trade is losing can really...
Playing into the Interest…
Currency Carry Trade The “Carry Trade” is an interesting and potentially intoxicating strategy. Very popular with large hedge funds, individual retail traders and every sized organization in between, its popularity has flowed and ebbed over the years. With dynamic...
Hedging – is it Worth it?
No, not this kind… Hedging is a strategy when a trader buys and sells the same currency pair (and lot size) at the same time. The idea is that if the market is moving sideways without any particular trend, the trader would be positioned to close one side or the...
Is Forex Trading Gambling?
Say it Ain't so The statement, “Isn’t Forex trading like gambling” has been uttered by many uninformed individuals, for a long time. We’ve all heard those words at one time or another, “FOREX? Isn’t that some kind of crazy gambling scam?” You then hear that same...
Who can trade FOREX?
Heads or Tails There was an old adage about flipping a coin to make decision about how to trade. Heads - go long...tails - go short. As long as you had decent money management in place, you *might* do okay. Why take that chance? With the education and proven...