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...
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...
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...
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...
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...
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...
