Forex

Stepping onto the forex arena for the first time might feel a bit daunting, but keep these currency trading tips in mind and you’ll soon find yourself running with the pack. Casinos are for gamblers. The forex  markets are for traders who are interested in the investment, not the big win. Study and analysis will prove a far better ally than long odds or luck. Practice makes perfect. Before you start throwing your money into an account, practice with one or more of a variety of demo accounts. This the most critical of all  forex tips for the new trader. Get good at analyzing and actual trading before you start plunking down your own funds. Find a good broker. Do your homework and find a broker that fits your trading style and philosophy and offers the features and services you want. Don’t buck the trend. Trends mean that more of the same is up ahead. Keeping with a trend will help you continue to make a profit. Generally, when the trend is up, don’t sell; when the...

"Herd instinct" in the investing lexicon refers to the tendency of traders to blindly follow an established investment trend or pattern. Such traders are typically adherents of the well-known investment axiom "the trend is your friend." This principle is likely to provide better returns in forex trading than in equities trading for a couple of reasons. Firstly, forex trading is arguably driven by technical analysis to a greater extent than stock trading, given that fundamental analysis plays a much bigger part in the latter than it does in the former. Secondly, while the forex market is the world's most liquid financial market with estimated daily turnover exceeding $4 trillion in 2010, just six currency pairs – USD/euro, USD/yen, USD/sterling, USD/Australian dollar, USD/Swiss franc and USD/Canadian dollar – accounted for two thirds of this trading volume. (Conversely, blue-chip stocks on the major global equity exchanges collectively number in the thousan...

Yadix is a leading ECN/STP Forex Broker providing services and trading facilities to retail, institutional and professional clients globally with particular focus on forex trading strategies such as scalping and the acceptance of forex scalping systems. The management team at Yadix boast years of experience from operating within the financial industries with a wide range of experiences and skills that helps Yadix truly understand the needs of the modern-day trader, forex strategies and EA developers. As their clients, you are their most valuable asset, their philosophy is to provide an unrestricted trading environment for forex scalping strategies including the use of scalping systems and EAs. Yadix offers a range of valuable tools to clients such as multiple trading platforms, EA hosting and zero stop levels to compliment the STP trading conditions, superior execution and to comfortably accept all forex trading strategies without discrimination. Visio...