Why Money Management? Best system will fail in long-term if it is without proper money management. On the contrary, bad system can turn profitable if used with a good money management. Currency…
Category: Educational Material
educational material
Becoming A Successful Day Trader
By Tony Jacowski Published: November 26, 2007 There are two types of day traders – scalper and momentum traders. The scalper buys and trades stocks within minutes, whereas a momentum trader buy…
Great Forex website
A trader friend of mine recently recommended a rather useful website about Forex fundamentals. You’ll be able to see an analysis telling you where institutions are putting their forex dollars, influence from…
ECN Forex Brokers vs. BucketShop Forex Brokers
[youtube EQUlbxubHx4]
GDP (Gross Domestic Product)
A country’s GDP (Gross Domestic Product) is one way of measuring the size of a nation’s economy. The GDP is the market value of all completed goods and services made by a…
FOMC (Federal Reserve Open Market Committee)
The branch of the Federal Reserve Board that determines the monetary policies. Like the Bank of England, the FOMC is made of of a board of governers, currently there are seven members.The…
CPI (Consumer Price Index)
CPI (Consumer Price Index) Inflation, the tendency of prices to rise and keep on rising is measured in many countries by the the Consumer Prices Index (CPI). This official measure is calculated…
Forex Brokers And Their System of Screwing Forex Traders
Here is a video those of you who trade the forex market like me might find interesting. [youtube 8aNNNN2EhpM]