Archive for March 26, 2007

Learn Forex Trading - Trading Without Stop Loss Orders Is A Recipe For Disaster

Of the four main types of Forex trading order the most important is the stop loss order and yet it’s surprising how many traders choose to ignore it. It’s particularly surprising because those traders who do use stop loss orders invariably make much more money in the long run than those who don’t.

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Forex Secrets - Delusion No1 - Forex Currency Rate And Economic Factors Impact On Exchange Rate

The delusion conceptually propounds that intraweek and intraday FOREX currency quotes movement is governed by either improvement or by deterioration of the state’s economic situation. But in reality, even in case the actual Forex news is superior to the estimated one, the FOREX quotes up/down movement is of 50/50 probability.

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