This link is for an article written by Mark who host piphut.com website. He gives daily tips and advise on trading the EUR/USD currency pair. This is his message for the coming new year 2010 for the the new traders like you and me.
http://piphut.com/2009/12/achieve-forex-success-in-2010-with-piphut/
Happy New Year 2010
Cheers,
Mike PS
Thursday, December 31, 2009
Some articles worth reading before going for live trading in Forex.
These links below will take you to Sam Evans articles. He is an Online Trading Academy E-mini Futures, Forex, and XLT – Forex Trading Instructor
In his articles he will be talking about all the problems we are facing, I guess not only me but lots of us who embark into this new job of trading will face. So take some time and read it.
The new trader's survival guide
http://www.tradingacademy.com/lessons/20091222/forex_article.htm
A Day in the Life of a Consistent Forex Trader
http://www.tradingacademy.com/lessons/20091124/forex_article.htm
When Trading Becomes Gambling...
http://www.tradingacademy.com/lessons/20091117/forex_article_samevans.htm
A Little Something to Take the Emotion Out
http://www.tradingacademy.com/lessons/20091103/forex_article_samevans.htm
Happy Demo Trading.
Cheers,
Mike PS
In his articles he will be talking about all the problems we are facing, I guess not only me but lots of us who embark into this new job of trading will face. So take some time and read it.
The new trader's survival guide
http://www.tradingacademy.com/lessons/20091222/forex_article.htm
A Day in the Life of a Consistent Forex Trader
http://www.tradingacademy.com/lessons/20091124/forex_article.htm
When Trading Becomes Gambling...
http://www.tradingacademy.com/lessons/20091117/forex_article_samevans.htm
A Little Something to Take the Emotion Out
http://www.tradingacademy.com/lessons/20091103/forex_article_samevans.htm
Happy Demo Trading.
Cheers,
Mike PS
Wednesday, December 30, 2009
Welcome to Forex World Newbie Blog
Hi, I am Mike and I am a newbie in a Forex World. I have been doing some research and lots of reading on how to be a forex trader for about a year. The more I read the more confused I got, so finally this year in September I decided to attend a Forex Trainig course.
One day on my quest to find a trainer I saw an advertisement on the paper about Powerup Capital's Kishore M Forex Training course. They had weekly previews but I just can't seems meet the preview dates offered. Finally I manged to attend the preview.
I know that trading in forex is not as easy as what has been claimed by many trainers in their previews. I did a quick googling about the course and read some good and bad comments. I was trained to only take the good comments and see whether this course can fulfill my needs to start forex. Guess what it did and I signed up for it.
Since I knew nothing much of forex other then what I have read on the web, it was a very good foundation class for me. I learned how forex works, leverages, pips, strategies, trading time, trading rules, how news effects forex and etc, Few things were disappointing like the material given not organized and not clear, live trading very short, not knowing why need to open two sets of trading account and it was a bit cramp. Anyway I got what I wanted from the course and I was satisfied and by the way the food was good.
After the 3 day course, I started attending the class tutorials and the online tutorials. First day was a disaster. The class tutorials was where I learned more on actual trading in forex. Thumbs up for my tutorial trainer.
I realize something when attending the tutorials. Many of them who attended the course were not able to use the trading platform. Simple things like drawing lines, finding no of pips and many more. I am also learning all these by my self so I thought why not set up a blog to let others learn what I have learned. This will make them be more prepared to trade.
In this blog I will try to post lots of training on platform like MT4 (metatrader 4), indicators, rules, mistakes I have done so you could learn from my mistakes. Remember I am as new as you are but learning and just like sharing what I have learned with you.
Cheers,
Mike PS
One day on my quest to find a trainer I saw an advertisement on the paper about Powerup Capital's Kishore M Forex Training course. They had weekly previews but I just can't seems meet the preview dates offered. Finally I manged to attend the preview.
I know that trading in forex is not as easy as what has been claimed by many trainers in their previews. I did a quick googling about the course and read some good and bad comments. I was trained to only take the good comments and see whether this course can fulfill my needs to start forex. Guess what it did and I signed up for it.
Since I knew nothing much of forex other then what I have read on the web, it was a very good foundation class for me. I learned how forex works, leverages, pips, strategies, trading time, trading rules, how news effects forex and etc, Few things were disappointing like the material given not organized and not clear, live trading very short, not knowing why need to open two sets of trading account and it was a bit cramp. Anyway I got what I wanted from the course and I was satisfied and by the way the food was good.
After the 3 day course, I started attending the class tutorials and the online tutorials. First day was a disaster. The class tutorials was where I learned more on actual trading in forex. Thumbs up for my tutorial trainer.
I realize something when attending the tutorials. Many of them who attended the course were not able to use the trading platform. Simple things like drawing lines, finding no of pips and many more. I am also learning all these by my self so I thought why not set up a blog to let others learn what I have learned. This will make them be more prepared to trade.
In this blog I will try to post lots of training on platform like MT4 (metatrader 4), indicators, rules, mistakes I have done so you could learn from my mistakes. Remember I am as new as you are but learning and just like sharing what I have learned with you.
Cheers,
Mike PS
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