Why Forex Trading Is The Best Business In The World
As far as I know, trading Forex as a business is the best way to make a living.
Why?
Because it’s much more than just a way to make money (for clarity, check out my About page).
You see, […]
Complainers vs Achievers
A complainer is someone well equipped with reasons to justify his inaction to an unsatisfactory situation.
Often, you’ll hear a complainer say: “If only I had X, I’d achieve Y!”
Complainers are unwilling to work on a problem until the stars are […]
Explained: Why You Don’t Need A Large Trading Account To Trade Longer Time Frames
A common misconception about trading on the longer term is that it can only work with a large trading account.
The thought-process goes as such:
When trading on a larger timeframe, one needs a larger stop loss allowance.
With a larger stop loss […]
Your Job Isn’t Supposed To Make You Happy
Whenever I spend more than 2 weeks in a country, I make it a point to befriend the locals and assimilate as much as possible into the culture.
I do this not just because I find people to be mostly good […]
“I’ve Lost My Job And Need To Make Money. What Do I Do?”
I’ve been writing about Forex trading for the past 9 years, and I truly enjoy the responses I get from the people who’ve read, applied and benefited from the material I put out.
However, every now and then I’d get a […]
FX Concepts Winds Down
FX Concepts LLC was once the world’s largest Forex hedge fund that at its peak managed more than 14 billion in assets.
As of September 26, that number has declined to $661 million.
Founded in 1981, FX Concepts has suffered significant losses […]
Escaping Full Time Employment
Twenty years ago, the ability to make a living without being employed at a job, was a privilege.
These days however, with companies outsourcing and automating labor, this has now increasingly become a necessity.
Nevertheless, the joy of escaping employment lingers long […]
What Is Margin In Forex Trading?
(In order to understand what is margin in Forex trading, you first need to understand how trading leverage works: Understanding Forex Leverage)
So as you know by now, it’s not the maximum leverage, but the actual leverage […]
The Over-Trading Problem
The two most common and significant trading mistakes are:
- Trading too often
- Trading too large
Put together, these over-trading tendencies account for the majority of losses among retail traders.
So why do so many people fall into this trap?
The not-so-obvious answer lies […]
Profit Goals: Trade With The Future In Mind
Here’s something for you to think about, if you’re serious about attaining financial independence with Forex trading.
Can you answer any of these questions with certainty and clarity?
– Why are you looking to trade for a living?
– […]