CEO, Responsible for profit and loss:

CEO, Responsible for profit and loss: Every business has a CEO. All the employees of the firm desire his designation. Being a CEO, responsible for profit and loss is a dream of every employee. Forex trading allows you to live this dream of yours. You can feel like a chief Executive Officer of your firm during the trade and act accordingly. The Forex market is becoming the most …

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Why do traders prefer Bar Chart?

Why do traders prefer Bar chart? Nowadays every Forex trader is familiar with Bar charts. Bar chart is a kind of Forex charts. Charts are a part and parcel of Forex trading. The ability to effectively read Forex charts is a key to success in Forex trading.  Forex chart is just a map that leads to profit in the treasure hunt of Forex trading. You can easily have …

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Revenge trading, the mechanism of destruction:

Revenge trading, the mechanism of destruction: Every passing minute is expanding the scope of Forex trading. Revenge trading is one of the emerging terms of Forex trading. Forex trading is introducing new and new terms and different aspects of trade with the passage of time. The exciting and thrilling of profit and loss has launched this term of ‘Revenge trade’. It is a common reaction of traders after …

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New Traders and The Mind Games

It is very tricky to understand human mind and brain of new trader. Mind tends to play different games to test the personality of humans. Men fell in the trap of the dirty games of their own mind. It is said that you need to be emotionless if you want to do well in Forex trade. But is it really possible? Definitely it is not. You can learn …

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Loss and Repetitive Behavior in Forex Trade

Forex trade is a career with a complex scenario. It ensures recognizable profit but you have to earn it by devoting your time with full focus and maintaining trade journal. You need to learn that loss is a part and parcel of trade, just like profit. You have to pay keen attention to two interlinked concepts. These concepts are: Repetitive Behavior Loss Repetitive Behavior: In our daily life, …

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Spotted yet Un availed Trade Opportunities in forex trading

A Profitable Forex Trade deal is a fine combination of trading knowledge, trading analysis, practical skills, control of emotions, consistency and last but not the least the Capital (your money). When you enter in the arena of forex trading, you do not bet your money decisions. Obviously money matters so first of all, you do a thorough home work on the field of Forex trade. Encountering A Trade …

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Psychological Preparation for Forex Trade

Every business requires a certain temperament and approach for success in that business. Forex Trade is no exception. You need to have a certain approach and temperament to survive in Forex Trade. Obviously, you need to have a specific personality and a certain lifestyle in order to be a successful Forex trader. Definitely all of you cannot have such personality and lifestyle. Perhaps that is the reason why newbie …

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