Author Archives:
Is Day Trading For You?
Many ordinary people want to try day trading from the comfort of their homes. Do you know this fact that most fail. No more than 10% succeed at day trading in the long term. Are you interested in day trading? Than read on what it takes to be a good day trader.
Know What is Stop Hunting
The forex markets are highly volatile. There is so much noise in the intra day forex market; it becomes difficult for new retail forex traders to know where to put the stop loss. The prices in the intra day market keeps on jumping 10-20 pips for no apparent reason.
Know Currency Correlations
Currency pairs are interrelated in the forex markets. As a forex trader, understand that the price action of each currency pair is not independent of other.
