Currency Trading Information Channel
Why Forex Traders Plan To Fail Before They Even Place Their First Trade & How You Can Know It & ...
Have you heard the wise saying that a trader who fails to plan, plans to fail? I have, and I was once that trader! However, did you know that even though traders who have constructed a plan, which incorporates their trading strategy (their "edge"), they have a plan that is likely to fail?
If we look at all traders who participate in the market: we have one group that fails to plan and therefore plans to fail; another group whose plan is failed; and a third group who properly plans and therefore does not fail.
Is it any wonder that the success rate for forex traders is so slim?
Well it doesn't have to be.
Here's a list of reasons why those whose plan is destined for failure fail:
1. They become emotionally attached to their ideas about how the market should be with minimal or inadequate testing;
2. They fall in love with their back-tested net profit results without fully understanding other key statistical data;
3. They don't admit they're plan is wrong.
Let's explore each point in a little more detail.
1. Becoming emotionally attached to your ideas without adequate results
Most new traders when they realize the importance of obtaining a trading plan and sticking to that plan immediately begin to use the knowledge they have been taught and haphazardly throw it all together into what they deem their "trading plan".
When they are questioned on whether they have a trading plan most of these traders answer with an unequivocal "Yes!".
Most of these traders are destined for failure because their strategy is untested. They rely on blind faith to guide them through the trading jungle to make their untold millions. Would you walk from one length of the Amazon jungle to the other blind-folded? Of course not! You'll have to watch out for all the snakes, tarantulas, and other creepy things that go bump in the night, so why would you approach trading in the same fashion? I mean all you're really doing is placing the blind-fold on your capital!
Why do traders do this?
Because it's easy. That's right... it's easy. They don't need to learn a computer language to type their system into some piece of software that will take them the better part of 6 months to a year to learn, and they don't have to spend any money on buying historical data. Therefore it's easy and it's cheap and it also conserves time!
So does success meet lazy people like this?
Not many! However I will admit that it does meet a fortunate few - only those lucky enough to start their trading during roaring markets where even a monkey can make money! To repeat again: don't wear the blind-fold. Your success may be great at the start, but given time and trades, you'll be the one out of the game - having depleted all your capital.
So what do you do if you KNOW that your method is untested?
If you have the time, the money and the learning capacity I would strongly encourage you to purchase some back-testing software (such as Wealth-Lab Developer), acquire some forex data, ask heaps of questions on the Wealth-Lab forum on how to code your ideas and within 3-6 months you'll be safely coding your own forex system and testing adequately.
If you do not have the time, the money nor the learning capacity I would strongly suggest that you manually write down your system into clearly defined steps that you MUST follow. Then, after opening a DEMO forex account you would trade your system according to the rules you have set out. Trading your rules until about 20 trades have been completed.
After traders obtain their results from their testing period they unfortunately look at only one figure and make a rash conclusion about the system based on that one performance figure, namely, the net profit. This then leads us into the next problem of why traders plans are failed prior to placing their first live trade...
2. They fall in love with the net profit result and no longer question it any further!
The net profit is only one statistic among thousands, however, to keep things simple we will look at the top 3 results that you need to make sure you fully understand.
Here are the other statistical pieces of data that you should look at when your system has completed its testing period:
I. How many trades did it have? If you have made a nice profit, but have only had 3 trades during the testing period you do not have a sufficient sample space to arrive at any safe conclusions. Can you imagine what would happen to Neil Armstrong if NASA had only done 3 computations on how they would arrive on the moon??!! If it's not good for NASA then it's probably not good for you either, however, as NASA do zillions of computations you would only need to conduct about 20 trades as the bare minimum before you can arrive at any safe conclusions;
II. What was your money management procedure during the testing phase? This is by far the most important point, however, you need to make sure your system is properly working prior to even embarking on this difficult area (hence the reason why it is a CLOSE second to the above point). Be sure you fully understand what I am about to explain (read it several times to absorb it if need be)... If you test a method whereby you rely on a percentage amount of capital on a trade you can be biasing your results!
Let us look at the following comparison sheet where we plot 21 trades with their pip return (we'll assume that each pip = US$1), and compare the returns against using 10 contracts per trade, 10% capital per trade, or 2% risk per trade...
Now as you can see from the results they can easily be doctored according to the different type of money management technique you use and what variable you decide to use it on (i.e. who is to say that we not use 20 contracts per trade, or 20% capital, or 5% risk per trade - all of these would inflate the net return figures).
It is best when you trade to stay at a fixed quantity. If you use any results that require a percentage calculation of the equity balance prior to the trade quantity being calculated you will BIAS the last trades more than the trades at the start. Hence, using a fixed quantity throughout the entire sample is one of the true indications of whether your system is profitable or not.
III. What was the drawdown? This is the largest peak to trough distance on your equity curve. In other words, if you were to enter in on the day the equity curve made a peak, how much would you have lost if you bailed out at the lowest point? To test this manually you would obtain an equity curve peak trace how far the equity curve goes down until it moves higher that the peak you started from - the lowest point made between these two points will be your trough figure which you will then subtract from your starting peak figure. The figure with the largest % loss would be your drawdown.
You would then need to look at this drawdown figure and determine whether or not it fits your risk profile. Would you be okay mentally if your account was down the drawdown % figure? If not, then you're going to have to re-create another system. As a rule I don't like systems that generate more than 30% drawdown.
One other statistic that incorporates drawdown that I like to check to determine whether the system is profitable or not is the recovery factor. The recovery factor divides the net profit by the drawdown (without the negative sign). As an example, if the net profit were $5,659 and the drawdown were -$3,542 dividing the net profit by the drawdown would result in a recovery factor of 1.597 (get rid of the minus sign). I generally prefer systems to have this statistic above 3.
So even though we have created our system that fits our personality and risk tolerance level well trades can still fail by not heeding the third and final statement...
3. Don't fall in love with the system
Most traders once they have designed a system cannot believe that their system is making a loss, or worse yet, a loss greater than the system's historical drawdown.
So, to combat this they dig their head in the sand hoping that the problem will go away. Just as trades fall in love with their position, at their own peril, falling in love with their system is also to their detriment.
Treat this as a business with your system as one of your salesmen. If the salesman is costing more than he is bringing in then you need to fire him and find another one.
How do you know if your system is no good?
As a rule I look at the historical drawdown of my system and add 10%. As an example, if my system had historical drawdown of 20% once the system reached 20% x 1.1 = 22% I would stop trading this system and move onto another. And sometimes you can still trade the same system, just with different variables, or a minor tweak.
Be sure that you fully understand the implications presented to you in this article. Trading is a business, therefore conduct it like one, as it is one of the most difficult endeavors you could ever undertake.
MORE RESOURCES updated Tue. July / 23 / 2019
UPDATE 2-London forex trading turnover surges to record high Reuters
Britain's daily foreign exchange turnover rose to a record high in April, the Bank of England said on Tuesday, as investors concerned about central bank policy ...
London forex trading turnover surges to record high Euronews
By Olga Cotaga LONDON (Reuters) – Britain's daily foreign exchange turnover rose to a record high in April, the Bank of England said on Tuesday,
VertoFX raises $2M for its African and EM currency trading platform TechCrunch
VertoFX, an Africa and emerging markets-focused currency trading and payment startup, has raised a $2.1 million seed round, led by Accelerated Digital ...
Forex Trading for Beginners Yahoo Finance
Forex trading can be an exciting and lucrative activity, but it can also be tough, especially for beginners. Newcomers underestimate the important of financial ...
Funds Push For Retrial Of $370M Forex Trading Fraud Claim Law360
Two investment funds urged an appeals court Tuesday to revive their $370 million suit accusing a foreign exchange firm of participating in a fraudulent currency ...
A Guide to Trading Forex in Canada Benzinga
Looking to trade forex in Canada? Read our guide to learn about the rules, regulations, and the best brokers to use in 2019.
Forex Trading for Beginners- All you need to know Bulletinland
The foreign exchange (Forex) is the process to change one currency into another. The currency is important for all the people around the world, and treading in ...
Forex Trading Opportunities For the Week Ahead [Video] FXStreet
About the Author Sam Eder is a currency trader and author of "The Definitive Guide to Developing a Winning Forex Trading System" and "The Advanced ....
Weekly Trade Levels: US Dollar, EUR/USD, NZD/USD, USD/CAD, Gold & Oil DailyFX
Webinar highlighting active trade setups we're tracking into the start of the week. Here are the targets & invalidation levels that matter on the technical charts.
Canadian Dollar Price Chart: USD/CAD Breaks Out – Loonie Trade Levels DailyFX
The Canadian Dollar is on the defensive this week with price now attempting to break the monthly opening-range. Here are the levels that matter on the ...
QuantBroker - Multi-functional New Digital Currency Trading System Yahoo Finance
NEW YORK, NY / ACCESSWIRE / July 19, 2019 / The main goal of QuantBroker (QB) is to solve the problem that the liquidity of the digital money market is ...
Turkish lira trading volumes in London down 40% from year-ago levels - BoE data Euronews
LONDON (Reuters) – Average daily trading volumes of the Turkish lira fell by 40% in April from a year earlier, the Bank of England said.
Trump talking about crypto can only be a good thing, CEO of top exchange Binance says CNBC
President Donald Trump might not be a fan of cryptocurrencies, but Binance CEO Changpeng Zhao doesn't seem worried.
A Detailed Look at Forex Trading Kalkine Media
In simple terms, forex trading, is the currency trading. It is one of the most liquid and traded financial markets in the world, with transaction volume exceeding $ 5 ...
FCA seeks to ‘give teeth’ to forex trading code with endorsement Financial Times
The UK's financial regulator has endorsed a voluntary code outlining good conduct in currency trading for the first time, in a move intended to boost compliance ...
IMF world economic update expected at the top of the hour ForexLive
Tanzania issues new rules to tighten foreign currency exchange controls Reuters
DAR ES SALAAM, June 25 (Reuters) - Tanzania has tightened its currency controls with new regulations on foreign exchange bureaus, in what authorities say is ...
Dollar ends flat in lackluster trading on Monday FXStreet
Market Review - 23/07/2019 00:41GMT. Dollar ends flat in lackluster trading on Monday The greenback traded largely flat in directionlsss trading on Monday as ...
Listless currency markets frustrate forex traders, Companies & Markets News & Top Stories - The Straits Times
Listless currency markets frustrate forex traders, Companies & Markets News & Top Stories The Straits Times
LONDON • Currency markets are so listless that the head of European foreign exchange (forex) sales at Nomura has taken to selling bonds instead.. Read more ...
Slumbering FX confounds traders, prompts fear of rude awakening Reuters
LONDON (Reuters) - Currency markets are so listless, the head of European foreign exchange sales at Nomura has taken to selling bonds instead.
Is Forex Trading a Scam? DailyForex.com
Where there is money involved, there are scammers. the potential rewards in trading are higher, but, some of the best traders in the world make 20% a year.
Three indicted for illicit currency trade services Taipei Times
The Taipei District Prosecutors' Office yesterday indicted the owner of a Taipei-based company and two accountants after an investigation implicated them in ...
Sentiment Analysis for Forex Trading MENAFN.COM
(MENAFN - DailyFX) entiment analysis can be a useful tool to help traders understand and act on price behavior. While applying sound technical and.
Is Forex Trading Legal in Canada? Toshi Times
Before you venture into the Canadian forex market, understand the laws and the regulations. Note, the forex trading laws differ across the provinces in Canada.
Why Zimbabwe has banned foreign currencies BBC News
Zimbabwe's government has taken the controversial decision to ban local trading in foreign currencies, including the US dollar, with immediate effect. It has also ...
GenSan pushes regulation of forex trading activities pna.gov.ph
GENERAL SANTOS CITY -- The city government is pushing for the proper regulation of foreign currency exchange or forex trading and other related investment ...
Learn how to short a currency IG
Discover how to short a currency, including how it works and some of the financial instruments you can use to go short.
You may get better forex rates on retail platform Livemint
Trading on the RBI-notified FX-Retail will start from 5 August, though registration for the retail forex trading platform opens from 1 July itself.Initially, banks would ...
Aussie Trading On A Weaker Footing This Morning Action Forex
For the 24 hours to 23:00 GMT, the AUD declined 0.17% against the USD and closed at 0.7033. LME Copper prices declined 1.0% or $58.5/MT to $6007.5/MT.
What are the most volatile currency pairs? IG
Learn about some of the most volatile currency pairs and how you can trade them.
Forex Trading Top 5 Events Next Week: China GDP, Eurozone ZEW, US Consumer Sentiment, New Zealand CPI, Australia Jobs - DailyFX
Forex Trading Top 5 Events Next Week: China GDP, Eurozone ZEW, US Consumer Sentiment, New Zealand CPI, Australia Jobs DailyFX
The forex economic calendar is chalk full of high-impact event risk next week and puts USD, EUR, AUD, NZD and CNH currency pairs in the spotlight.
10-year jail for buying, selling Bitcoin; a status check of cryptocurrency trading in other countries - The Financial Express
10-year jail for buying, selling Bitcoin; a status check of cryptocurrency trading in other countries The Financial Express
In bad news for crypto enthusiasts, digital currency trading may see a blanket ban in India if the recommendations by the government-appointed panel are ...
Global Profit Technologies, Inc. Announces Release of Global Currency Unit (“GCU”) GlobeNewswire
SCOTTSDALE, Ariz., July 08, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE – Global Profit Technologies, Inc., a US publicly traded company (OTCMKTS: ...
Euro US Dollar (EUR/USD) Exchange Rate Steadies as Chicago’s Activity Index Falls below Forecasts - Euro Exchange Rate News
Euro US Dollar (EUR/USD) Exchange Rate Steadies as Chicago’s Activity Index Falls below Forecasts Euro Exchange Rate News
The Euro US Dollar (EUR/USD) exchange rate steadied today, leaving the pairing trading around $1.121. The US Dollar (USD) remained rangebound against ...
Genesis Posts Strongest-Ever Quarter with $746 Million in New Loan Originations Business Wire
Genesis, an industry pioneer and leader in digital currency trading and lending, today released its Digital Asset Lending Snapshot for the second quar.
RBI wants to extend forex trading timings to bring more global players Business Insider India
The Reserve Bank of India (RBI) is proposing to increase timings for forex trade. Currently the over-the-counter forex exchange-traded currency derivatives.
What The RBI Hopes To Achieve By Extending Forex Trading Hours BloombergQuint
An internal working group of the Reserve Bank of India has proposed longer trading hours for the foreign exchange markets, as a way to counter the growing ...
These 6 stocks have been dragged along by bitcoin's increasingly erratic trading | Markets Insider - Business Insider
These 6 stocks have been dragged along by bitcoin's increasingly erratic trading | Markets Insider Business Insider
Shares of Marathon Patent tumbled 19% on Thursday but are still up by more than a quarter this week. Marathon - which was in the uranium and vanadium mi...
As govt panel proposes cryptocurrency ban, here’s status of virtual currencies in other countries - Financial Express
As govt panel proposes cryptocurrency ban, here’s status of virtual currencies in other countries Financial Express
In bad news for crypto enthusiasts, digital currency trading may see a blanket ban in India if the recommendations by the government-appointed panel are ...
Online article on digital currency trading passing off as ST report is fake AsiaOne
SINGAPORE - A fake news article on digital currency trading passing off as a report by The Straits Times has been making its round online. The page, which ...
USDMXN trades to highest level since June 10 ForexLive
Looks toward the 200 day MA at 19.35557 The USDMXN has extended to a new high for the day at 19.33438. That took out the highs from the end of June at ...
Will this new platform for retail foreign exchange customers benefit you? Economic Times
Customers can expect their overall foreign exchange transaction costs to come down with this facility- a centralised electronic forex trading platform— FX-Retail.
Riyad Capital launches forex trading services Arab News
Riyad Capital has announced the launch of Forex Contracts Trading *Service* via Riyad Forex. “This *service* comes along with multiple options of currencies ...
Trading Support and Resistance DailyForex.com
Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of July 21, 2019.
Pound to Euro exchange rate: Will a new PM and a new Brexit mandate Boost GBP's Value? - Pound Sterling Forecast
Pound to Euro exchange rate: Will a new PM and a new Brexit mandate Boost GBP's Value? Pound Sterling Forecast
The pound to euro exchange rate has struggled to make any impressions over recent days, but with the UK's new Prime Minister set to be announced later this ...
Gold Price Weekly Forecast: Fed Drives Next Leg Higher DailyFX
The price of gold made a *fresh* six-year high Thursday, fueled by dovish Fed commentary. This stimulus comes on the back of recent, heavy, central bank buying ...
Riyad Capital launches Forex Contracts Trading Service Saudi Gazette
RIYADH — Riyad Capital announced the launch of Forex Contracts Trading *Service* via Riyad Forex. This *service* comes along with multiple options of ...
Currency Trading for Beginners Benzinga
If you're new to currency trading – look no further. FOREX.com is one of the world's largest forex brokers. Account holders get competitive pricing, award-winning ...
ForexLive European morning FX news wrap: Boris Johnson becomes the next UK prime minister - ForexLive
ForexLive European morning FX news wrap: Boris Johnson becomes the next UK prime minister ForexLive
Forex news from the European morning session - 23 July 2019 Headlines: Markets: - USD leads, NZD lags on the day - European equities higher; E-minis up ...
Never lose hope in currency trading business Rocky Mountain Collegian
Sponsored *Content*: Never lose hope in currency trading business A good trader will know about the right kind of performance in the business. It is very.
Gold Prices Continue to Exhibit Strength Despite the US Dollar Breakout DailyFX
Gold prices could care less that the US Dollar (via the DXY Index) is breaking its downtrend from the May high.
Seeking security in the forex market World Finance
Despite being one of the world's most precious metals, there was little interest in trading gold as a commodity for much of the 20th century. Global economies ...
Future Returns: The Risk and Reward of Foreign Currency Exchange Markets Barron's
While most advisors recommend leaving the foreign currency exchange market to the pros, individual investors are increasingly entering the market as ...
USD/JPY Forecast: USD Soft Against JPY DailyForex.com
the US dollar initially tried to rally during the trading session on Monday but found plenty of resistance at the ¥108 level that has turned the market around.
Best platform for Forex trading Augusta Free Press
Forex or as most people know it, foreign exchange, is a decentralized world market where people can trade, buy or sell currencies.
Puzzled By AUD Gains As Rates Fall? Blame the Fed and Iron Ore DailyFX
The Australian Dollar has gained despite big cuts to domestic borrowing costs as investors find other reasons to go long.
Trade currency pairs: your guide to trade currency pairs Capital.com
Currency trading takes place on the foreign exchange, or forex, market. The forex (abbreviated as FX) market is a global decentralised market for the trading of ...
Apply "the secret" to forex trading success ForexLive
What's "the secret" behind successful traders? The Forex market is the largest trading network in the world with $1.8 trillion dollars being exchanged every day.
Forex trading – what are the best currencies to trade? Capital.com
In the world of currency trading, an essential fact is frequently overlooked, which is that foreign exchange rates are reference numbers, not expressions of ...
Learn the Basics of Trading Currencies FX Empire
Learning the basics in currency trading is not complicated. Building your own strategy to make and making it work is a different story.
Venezuela loosens currency exchange controls to allow forex trading Reuters
CARACAS (Reuters) - Venezuela will allow local banks to open foreign currency trading platforms as part of a loosening of the OPEC nation's exchange controls ...
Forex Trading Tools Benzinga
FOREX.com is one of the world's largest forex brokers. Account holders get competitive pricing, award-winning customer *service*, actionable data and powerful ...
What is Forex Trading? Complete Beginner's Guide MoneyCheck
Forex is the art of buying or selling one currency for another - Find out more in our complete guide to Forex Trading for Beginners.
FX Trading - Currency Trading FXTM
Discover the details of foreign exchange, currency trading, currency pairs, forex market hours, forex trading fundamentals, trading signals and more. | FXTM ...
Gold Prices Push Above Unchanged As Traders Buy The Dip Kitco News
(Kitco News) - The gold market has moved to daily highs in late-morning trading Tuesday, with modest gains, as traders stepped in to "buy the dip" on some ...
Forex Trading – What You Need to... Forex Crunch
Forex trading is popular with many people because you do not need to make a large investment to get started. However, while it's certainly possible to.
AUD/USD Forex Technical Analysis – Looking for Test of .6940 to .6914 FX Empire
The Australian Dollar is trading sharply lower at the mid-session on Friday and in a position to close lower for the week. After posting its second potentially ...
How Does Forex Trading Work? FinSMEs
Forex trading is one of the most profitable money-making options — a successful trader can double their investment in 6 months. However, it is also extremely ...
Banishing forex trading is 'Good times are back!' for chefs, 'Nhamo yamakandiwa yadzoka!' for povo - Bulawayo24 News
Banishing forex trading is 'Good times are back!' for chefs, 'Nhamo yamakandiwa yadzoka!' for povo Bulawayo24 News
Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mangudya has cleared the air on a number of issues surrounding the abolition of the multi-currency ...
Forex trading: Understanding account types and differences ForexLive
Instaforex: See what different account options are available to FX traders There are a number of different account types available in the FX sphere and this article ...
The Twilight Trading Hour Strikes Currency Markets Again The Wall Street Journal
There is a fragile spot in the $5.1 trillion currency market: early morning in Asia. This one- to two-hour period when U.S. traders are heading home—but market ...
GBP/USD Price Forecast - British pound choppy and negative FX Empire
The British pound gapped lower during the trading session on Monday, reaching down towards the 1.2450 level before bouncing again and then selling off.
How to Trade Forex | Forex Trading Examples IG Bank
Follow six steps to easily start trading forex. See forex trading examples, learn how FX markets work and find out what you need to do to place your first trade.
Currency Traders Should Get Ready for Big Move in the Dollar Bloomberg
Currency traders should brace for a large move in the dollar, if past periods of low volatility are a guide.
Shaving Milliseconds Off Currency Trades Could Make Singapore Billions Bloomberg
Follow Bloomberg on LINE messenger for all the business news and analysis you need. Singapore is grabbing an opportunity measured in milliseconds to win a ...
Are forex trading signals for you? ForexLive
What you need to know about signals from UBCFX Foreign exchange or forex is defined as the exchange of a nation's currency for that of another is. Overall, the ...
A Guide to Forex Trading in Hong Kong Benzinga
With FOREX.com, you will get competitive pricing, award-winning customer *service*, actionable data, and powerful trading platforms to help you make the best ...
5 forex trading tips to help you find success in the market Born2Invest
Forex trading provides investors an immense opportunity to earn money. Here are some ways to become a top forex trader.
What Are The Benefits Of Forex Trading? ValueWalk
As already mentioned, Forex trading does not cost a lot of money if you are beginning, especially when compared to equity markets.
Proper Forex trading plans are never too aggressive AZ Big Media
Most control must come to risk management. There will be a good trading performance if you can handle the trading performance with that. In this article, we are ...
How to Trade Forex - and Is It Worth the Risk? TheStreet.com
Trading currencies is an enormous part of the world market. Here's how it works and whether it's worth the risk....VLKAF.
Forex Trading Strategies: Complete Beginner's Guide MoneyCheck
Forex trading is a financial product which offers investors a great path for wealth creation in both short and long-term trading options.
US Stocks Higher on US-China Trade Hopes MarketPulse
U.S. stocks advanced on Monday at the onset of a heavy earnings week, while European shares inched higher as investors took heart from potential progress in ...
Forex trading volumes fall 9.6% to $1.62 trln in May - CLS Nasdaq
LONDON, June 10- Average daily foreign exchange trading volumes fell 9.6% year-on-year in May to $1.62 trillion, CLS said on Monday, as calmer.
8 Trading Strategies for a Low Volatility Forex Market Nasdaq
Are you frustrated by tight ranges and getting chopped up when currency rates do not move as much as expected? Are you frustrated by the lack of sustainable ...
Best Forex Trading Mobile App Benzinga
FOREX.com is one of the the largest forex broker for traders. You will get competitive pricing, award-winning customer *service*, and powerful trading platforms to ...
FX Futures: How Currency Trading Revolutionized Finance TheStreet.com
Financial futures today represent 90 percent of global futures trade, with currency futures being the first financial futures product to trade 45 years ago. Today's ...
How to Start Forex Trading in South Africa: A Complete Guide • Benzinga Benzinga
Learn more about how to start trading forex in South Africa, including what you'll need to start and the best forex brokers.
5 Tips for Investing in Currency | Investing 101 U.S. News & World Report
Currency can help balance a portfolio but investors must be careful.
How to Start a Career as a Forex Trader NuWire Investor
Making a consistent profit in the forex trading industry is extremely hard – something many newbie investors find out the hard way. Before you dive into a life of ...
German stocks ride out the country’s squalls Capital.com
German politics is overshadowed by uncertainty, corporate scandals have rocked the business world and once-mighty Deutsche Bank is slashing thousands of ...
Best Forex Trading Software Benzinga
Forex trading is an around the clock market. Benzinga provides the essential research to determine the best trading software for you in 2019.
The new risk proxy for currency traders isn’t the one you’d expect MarketWatch
When investors duck for cover in times of market turmoil or dial-up their risk appetite when things are rosy, there is a new currency of choice — and it...
Learning the basics of forex trading The Financial Express
You need to invest through a Sebi authorised broker to ensure that your forex trading actions are legal.
Must Know Essentials about How to Do Forex Trading The Costa Rica News
Similar to any other business, forex trading has become a fast adaptable industry for both investors and entrepreneurs. Fortunately, not much is needed to kick ...
Investor’s Manual: What Is Forex? The Ticker Tape
Understanding the basics of forex. This is a brief forex 101 defining what is forex.
Cartel currency trading claim in Australia tipped to exceed $69m Aljazeera.com
Five large investment banks are being accused in Australia of colluding to distort foreign exchange rates.
How to thrive in online currency trading Born2Invest
The online currency trading market has seen a steady growth rate fueled by technological advancements and the simple need to trade goods and services ...
Refinitiv currency trading and data terminals face ‘major incident’ Financial Times
Refinitiv's foreign currency trading platform and financial data terminal both suffered a serious incident on Tuesday, a day after volatility swept across worldwide ...
Step-By-Step Guide: Forex Trading in Dubai • Benzinga Benzinga
How to find the best Forex broker in Dubai and start trading currencies today. Read our guide on how to get started.