You are a a wannabe Forex trader or just starting your trading “career”, and one of the parameters your are considering is Swap. There is a reason why I’m not including professional traders in here. They already know that based on your trading style, whether you will keep your orders open for long periods, or short ones, swap can have from no effect to a huge one on your earnings. Well, you have a strategy, which might range
Tag Archives: FOREX
FOREX book for beginners, patterns and probabilities
Welcome back wanna be traders and professionals of all fields into the first article on FOREX books for beginners. There has been an increased interest from my readers on what can they read and assimilate, in order to become a better trader, or at minimum understand what they are doing. I still remember the first days when I was reading about cable (GBP), kiwi (NZD) and other strange names on internet, and I was telling to myself what
Sharpe Ratio in FOREX investments, give me a meaningful KPI
I have a live account which is going up, but my Sharpe Ratio in FOREX is really low. I have studied a lot of investment options and liked FOREX most of all. It is a many trillion dollars market, per day, which makes it ideal for those who want a fast way in and out but still the Sharpe Ratio in FOREX is leaving me speechless. Unlike stocks it has a very low entrance point, it is really easy
Live FOREX December 6th 2016 – Status update
Welcome back for the latest update on my Live FOREX account for December 6th 2016 Just a few facts from the last update on November 30th 2016 and the changes happening: Total profit from 1642.44 to 1812.56 (a difference of plus 170.12 USD) Total sum of pips from 10530.8 to 11357 (a difference of plus 826.2 pips) Total orders closed from 586 to 662 (a difference of plus 76 orders) These days I have gone through the posts myself as well got
Live FOREX November 30th 2016 – Status update
Here we are again to update the info on my Live FOREX account November 30th 2016 Just a few facts from the last update on November 22nd 2016 and the changes happening: Total profit from 1513.54 to 1642.44 (a difference of plus 128.9 USD) Total sum of pips from 10.276.6 to 10530.8 (a difference of plus 254.2 pips) Total orders closed from 512 to 586 (a difference of plus 74 orders) The top performer up to date is GBPJY, still
FOREX Trading and the almighty MetaTrader 4
You have already seen ads all over the web on FOREX trading and how they can make you rich overnight, but at some point we need to get to basics Like every good secret agent or professional, you will get your tools and weapons to succeed in your mission. There are many out there like Metatrader 4, some are good and some are not so good. What I’ll talk here about is the almighty MetaTrader 4. I
Live FOREX November 22nd 2016 – Status update
Live FOREX is intriguing and everyone likes to show of a little when things go well. This is not the case here. Don’t get me wrong, things are going fine and as expected. We are getting results in line with the backtests (more than 4 years of data). Here we are to provide an update as of November 22nd 2016. If you can recall from my previous post, the account started in October and it is running in
My Live FOREX account, statistics and information
My fellow reader, there comes a time when you must apply what you’ve learned, or at least for once measure yourself in a Live Forex account. Just for being honest to myself, and my readers, this is not my first Live FOREX account. Although my past experiences had their ups and down, I’m here now to share with you what is going on. In spite of the fact that it was not always successful, I did not lose confidence