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Trading as a Profession

Trading as a Profession

Let Me Off Trading as a profession…the ultimate dream.  Jumping off the 9-5 merry-go-round grind, telling your ungrateful boss to take a long walk off a short pier, ditching the commute, kissing your annoying coworkers and ungrateful customers goodbye.  It...
Zero-Lag MACD as a Confirmation Indicator

Zero-Lag MACD as a Confirmation Indicator

Welcome to the second indicator study.  This research represents an investigative look into how and why some indicators work better than others. New Versus Old As we mentioned in the first indicator study on the Hull Moving Average, the premise behind these studies is...
$EVZ (EURO FX VIX):  Pre-trading tool

$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...
Do Women make better traders?

Do Women make better traders?

Are women more competent than men as traders? Historically, traders have been 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.  This means they more...
Playing into the Interest…

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?

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...
Doesn’t trading take a lot of money?

Doesn’t trading take a lot of money?

Unlike other markets, most FOREX brokers have low minimum requirements, a couple of hundred dollars/yen/euro/pounds or even less.  Almost everybody can open a live account.  Do we suggest starting out with real cash? No. The great thing is that most FOREX brokers also...
Trading Psychology

Trading Psychology

Trading can be one of the most exciting 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 affect your emotional well-being to the point of...
Is Forex Trading Gambling?

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...
Who can trade FOREX?

Who can trade FOREX?

There was an old adage about flipping a coin to make decision about how to trade.  As long as you had decent money management in place, you *might* do okay.  Why take that chance?  With the education and proven methodologies we provide in a very short...