Introduction Forex traders have various kinds of emotions and come in different psychological states during trading what certainly affected the final outcome of the commercial transactions. Every individual is subject to emotional changes in a given situation and when not traded. Psychological analysis of financial markets certainly has to include elements of this phenomenon … [Read more...]
Full-Time Forex Trader How to Become One
Risk management is one of the most key concepts for surviving as a forex trader. He has to know the following: Leverage 100:1 $100.000 lot 8.00 $50.000 lot 4.00 $25.000 lot 2.00 $10.000 lot 1.00 $5000 lot 0.05 $3000 lot 0.03 $1000 lot 0.02 $100-$500 lot 0.01 $100 $100 investment amount can control $10000 forex market. 1% margin will give you … [Read more...]