How to Choose a FOREX Broker

Brokers.  We need them and to a large degree, they need us.  In this blog, we’ll discuss types of brokers, why you, as a retail trader, have specific access to trading volume, and different kinds of accounts – so get a drink, sit back, and buckle in. Love, Hate, and Indifference First, let’s talk about ... Read more

ADX as a Volume Indicator

Welcome to the third indicator study.  This research represents an investigative look into how and why some indicators work and some don’t work as well.   New Versus Old   Volume indicators, for the most part don’t have as much breadth in variety as other indicators such as entry, exit, confirmation and baseline.  We’re going … Read more

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 affect your emotional well-being to the point of making you ill. Respect … Read more

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 generally have an over inflated ego, like men usually do.  This means they more risk-averse … Read more

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 phrase, “I heard a story of a guy who lost ... Read more