Sometimes it looks like lemmings headed for the sea when I see newbie traders when they’ve finally mustered the courage and confidence to enter the world of Forex system trading. They’ve found their broker, established (and funded) their trading account, read some stuff online or heard what a ‘guru’ or two had to say in [...]
FX trade software is an unpredictable animal. To many of the ‘already-been-burned’ crowd, it’s just not worth the risk to turn your investment portfolio over to an unproven piece of computer code. Even the lure of being the “first in” (and ostensibly, the first to profit) is no longer strong enough to throw caution to [...]
Forex Brokerages are so completely different in their practices, trade executions, schedules, customs, allowances, fees, commissions and in almost every other way that the newbie trader can quickly be drained of their resources regardless of how their trades pan out. Choosing a brokerage is critical to your trading success, so it deserves very careful consideration. [...]