- Forex trading | CFD trading | UK
- Learn Forex – Online course for new traders
- XE - Trading Basics You Should Know
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Forex trading | CFD trading | UK
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Learn Forex – Online course for new traders
As a solopreneur, you do not want the bother of managing people or being responsible to investors. Of course, being "solo" limits the amount of time for growing the business, which in turn limits size and income. You happily accept that tradeoff.
XE - Trading Basics You Should Know
Most people make the fatal mistake of believing that the site or blog is the business. It's not. Building a site or blog is actually the easiest part.
The old mantra was, "All you need is cheap hosting and free sitebuilding software." Blogging has become "the new quick-cheap-easy way to fail." A site or blog is not an online business. Blogging is ideal for certain types of e-businesses. But for most, blogging is the wrong format.
This is a very important question with far-reaching implications. Basically, there are always people making money in the markets in theory, for every loser there is a winner. However, consistently making money is a different story, so over the long-term there are going to be fewer traders who have made money than who have lost money. But, while 95% of traders may not be professional or full-time traders, this DOES NOT mean that 95% of traders don’t make money over the long-term. Let me explain…
So true,simply having a solid education in an effective trading strategy and truly mastering it greatly increases your chances of making money.
Good article. A lot of what you say hits the mark in my situation. I 8767 ve been demo trading for 8 years now. I am planning to start trading for real in 7567. Although I 8767 m not trading live yet, i would say the biggest hurdle i have had to overcome during my learning period is being able to release & detach myself emotionally from the wow! look how much money i could have made there when looking at charts in hindsight.
Fundamental analysis tends to be used more for longer term investment ideas while technical analysis is used more to support short term trading. It is based on the political and economic factors that drive exchange rates. The results tend to forecast more what should happen to exchange rates rather than what will necessarily happen. The reason being that actual rates, particularly in the short term, are also affected by perception and subjective expectations.
Don 8767 t be frigthend of the statistic saying that only 5% can make it here. I wonder how many accounts that are opened and closed due to margin call, but this is a part of learning process and count 8767 s as failure.