On Learning Forex Trading: Start It Right

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Newbies can relate to this... You are seeing many tips and lessons in the internet on how to trade from different veterans and mentors. You have tried many of them but failed. So most of the newbie traders have thought that the internet is full of pretenders, fraudsters, and charlatans. So they would hate every Forex mentors they have seen online...

First Lesson In Trading Psychology

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When you decided to be a trader and be good with it in the future. You have to decide also to re-wire your brain on an unusual mindset.  There is no Best Trader in the world. When you put yourself into this business, you have to believe that you can not be the best trader in the world and you can not beat the World Forex Market. You are only...

The Reality of Trading with Stop-Loss

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If you are new to trading and you choose to trade with SL. There are different emotions involved once an SL is hit. no matter how good your strategy on setting SL, sometimes SL will be hit. You have to train yourself to live and accept the reality that sometimes your SL would be hit, or else you will find yourself "Revenge Trading". This is the reason...

About Currency Pairs And Charts

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For newbies that have zero background on Forex Trading, maybe they are confused on Currency Pairs, Price Quotes and Chart. When we say currency pair, we partner 2 currencies. To represent that you put the 3-letter symbol of the currencies together, one on the left and the other one on the right. For example, if you  combine Euro and Japanese Yen,...