Trading tips for new traders/ classic

This is just an addition to my blog Forex tips for Newbies. (originally posted 5/9/08) I want to tell you some addition things I am learni...

Classic tips

Originally posted 3/2/08 WOW!!!!!..... .......so you decided to trade Forex. Good for you! Forex can be profitable, but you can also lose ev...

WHEN TRENDS TURN

As you have probably already read, I love trends; but what happens when a trend turns. No matter what time period you trade your trend wil...

Trend lines

Now we are about to embark on what is almost sacred territory for me, 'trendlines'. Ahhhh..... What a most glorious word. Trendli...

Patience

The biggest challenge to trading once you learn what you are doing is the waiting. The waiting makes you itchy. You have got to trade or b...

Margins/Leverage

Well, I am ready to talk about a biggie, the margin. What is margin? A margin is money we put up as collateral to our broker to cover cred...

PIPS

Pips are percentage in points. In other words it is the smallest amount of a currency, (Kinda like a penny in the US). In this example .88...

What is Forex?????

Forex is short for Foreign Exchange, they took the for in Foreign and the ex from Exchange to created the word forex . Forex is a place...

Trader's friend

So you wanna get paid???? Well Forex is a great way to do it. This site is to try to give you some insight, so that you can avoid many of t...