World Events and Wise Forex Trading

[samuel23 10]

Forex trading has the great potential of becoming a profitable and fulfilling career that will let you have a lifestyle that few other lucrative activities in the world can offer to people from many roads in life and without asking any of those men and women for a diploma or some special certification.

 

But Forex trading is not easy; it may be simple to enter and place your first trade but becoming a profitable trader is a different thing. You will need to acquire the right knowledge and techniques in order to understand and know when to enter or leave a trade always fulfilling the main objective every trader must have; making money.

 

There are two kinds of analysis you can perform on the Forex markets. They are known as technical analysis and fundamental analysis. It is common that traders tend to divide themselves into "technical" and "fundamentalists". Each group devoting themselves to the main tools each kind of analysis gives them.

[henryduncan12 10]

Yes, Forex Trading is a great way of making money and don't need any certification for it but it is not so easy as some traders think about it. It takes time, proper strategy and much home work to understand market trend after that you can become a profitable trader.

[Obsidian 10]

...It is common that traders tend to divide themselves into "technical" and "fundamentalists". Each group devoting themselves to the main tools each kind of analysis gives them.

 

there is another group: "jack of all trades master of none" they become the loser part of trading equation

[samuel23 10]

Ya guys. I agree that forex is something not easy as not all traders can find success in this market. However, to become an expert trader we should be devoted in what we are doing and maybe then we will find success ahead. Anyway i just hope that this can be of some help :haha: