Forex eBooks are important resource materials in learning about the world of foreign exchange markets. Forex is a vast and fluid market. Proper information about forex is important before deciding to take part in the real forex market.Forex trading can be very complicated for beginners. You have to learn how the indicators work, and what does it mean when they change. There are different ways for you to learn more about forex. You can choose to...more
ES Emini Day Trading: Full Service Broker or Deep Discount Internet BrokerThis is an interesting and complicated question to answer. To my way of thinking, there is no answer but to use a deep discount internet broker. I dont need advice and dont really want to talk with a broker on a regular basis. But then again, I have been doing this for a while.Having worked the retail and institutional sides of trading, one thing you will find is that...more
At face value, the obvious answer to this question would be a simple one: Some trading systems work better than others because they are better thought out and designed. It should be obvious that a system that is superior from a design point would perform better than a poorly designed one, should it not?But that answer is only partially right.I have observed on more occasions than I care to admit two traders trading the same system with vastly different results. How can that be? Some possible, and very true explanations are:1. Some traders are just plain smarter than others and less prone to mistakes.2. Certain traders are more disciplined than others and can stay within the system parameters.3. All traders are able to summon up different levels on concentration and self discipline than others.4. Some traders cannot trade any system, no matter what the circumstance.I wrote #4 in jest, but this axiom is more true than many realize and will be the emphasis of this article. From the onset, I would like to state that most people can learn to trade effectively with the proper training and experience, but there is that small percentage, say 10% that will never trade very well. ...more
This may sound like a ridiculously simple subject to write about, but I suspect you would be shocked by how many traders, if pressed, could not come up with a plausible answer when asked to define a futures contract. For the purpose of this article I am going to confine our discussion to financial futures contracts, though there are futures...more
The Euro continues to climb as the Dollar continues to weaken. This market movement is mirrored almost across the board as every other asset class continues to strengthen. Essentially repeating the trend of 2009. But what will happen to the Dollar? The Chinese administration probably sees little need to change its economic policy just yet. China...more
Gold has been a very interesting product of late, especially for anyone who invested in it. However, it is not all one way traffic. Despite its seemingly never ending upward trend gold can be rather volatile on a day-to-day basis.Only a few weeks ago all the equity markets were looking nervous and many traders sought the so-called safety of gold. That spike left sellers of gold looking over their shoulders.The trend higher is still very much in place and, with everyone wondering which currency should be the weakest, rather than the strongest, gold remains a haven for frightened money.A clear problem for anyone speculating on gold at these very high prices is, that whilst gold continues to grind higher, the buying remains investor-based rather than consumer-based. If that is the case then we will see continued volatility in this metals market.So how can you take advantage and trade the gold market? Personally, I use a spread betting account; an account which lets you open and close bets quickly. It also allows you to speculate on the markets to go up if I think that is what is going to happen. However, it also lets you speculate on them to go down.If I want to bet on gold to...more
With the world in recovery mode, many people are still questioning how the markets got so out of control. They are also questioning something a little closer to home; their own finances.If we were to be honest with ourselves, then we should probably...more
Gold has experienced a spectacular rise recently. I say recently, the metal has been trending upwards for months.With limited supply, the pressure should always be easier to apply to the upside. However, if this were the only argument then precious...more
The increasing strength in world economic data does not seem to be translating, just yet, into more demand for crude. While peak oil is a phrase on everyones lips it must be said that production from many parts of the globe is currently artificially...more
Try to ask yourself how much do you know about option trading? Can you explain the distinction between "long" and "short"; "call" and "put"?If so, can you offer a good description of the right strategies to use during a "bear market"? And how about...more
Managing a financial institution in todays market is a tough job to have. With the housing and mortgage industry down the types of loans being offered are changing daily and sometimes disappearing all together. As a consumer its frustrating and as a...more
I often get a chuckle when I see trading programs that claim you can make money in both up and down markets. Of course you can, when the market is going up you are long a position, and when the market is going down you are short a position. Its...more