Posted by Mumsie FX on Mar 13th, 2010 | 20 comments
Forex is the world’s largest financial market, having a volume in trades of more than 4 trillion dollars daily. Wow! The New York Stock Exchange has 25 billion dollars only a day. Forex is almost 160 times bigger! Even with the stocks and futures markets combined amount, Forex is still 3 times bigger. Wow-wow!
Forex trading involves money, nothing more. Oh, and a speedy computer with fast...
Posted by Mumsie FX on Mar 8th, 2010 | 12 comments
The Makings of a Forex Trader
What makes a good forex trader? What is the personality profile of a successful trader? What are the characteristics of a professional trader?
Self-disciplined, self-controlled, unemotional, analytical, wary, patient, diligent, persevering, fearless, confident, wise, moderate, sensible, alert, objective, and—what else?
Important Traits of a Good Forex...
Posted by Forex Mistress on Mar 3rd, 2010 | 1 comment
Define Forex
Foreign exchange market (a.k.a. forex, FX, or currency market) is a decentralized financial market for currency trading. Forex bustles with global activity from sunrise to sunset, except during weekends. To be exact, forex trading starts from 20:15 (UTC) Sunday to 22:00 (UTC) Friday. The forex market is the largest financial market in the world, with a daily turnover of about 3...