Updated quotes, trading charts and free currency conversion tools will help traders master the world of online currency trading. Forex trading 101 or the introduction to forex trading enable us to know how forex works and how to make money with currency trading on forex. Our free Forex Currency Converter gives you accurate and instant foreign currency conversions. Stay on top of the Forex market with our foreign currency converter. Use our free Forex Pivot Point Calculator to better understand Forex market trends and predict trends before they happen. Use our free Forex Margin Calculator to help you make better decisions with the Forex market.
Watch our step-by-step Flash tutorial of the ICTS trading platform. Who’s online There are currently 16 users online. Submitted by Edward Revy on July 16, 2009 – 17:20. We believe it is time to open a new Topic dedicated to Money Management. Here we’ll be posting trading systems and methods that help to control losses, evaluate and limit risks, improve win : loss ratio, in other words, everything related to money management in Forex. We hope that this subject will create a new interest to money management in currency trading, and eventually help you improve a winning ratio of your favorite trading system.
Active traders Poll – share your live experience or read what others have to say. How To Double The Account In 1 Day? You can help thousands improve their trading! No more waiting in front of your screen for new signals to appear! Increase your profits by getting the hottest market opportunities before everyone else!
When is the best time for you to trade? What is the best way for you to trade? Which one of the currency pair is good to choose? Increase the number of profitable trades by joining our VIP and PLATINUM Telegram channels. Don’t miss the next profitable signal! Before you open a new position, make a plan to enter and exit the market. Stick strictly to your plan, and do not succumb to emotions when they suggest you change it on the move.
Never open positions with all your free funds. Otherwise, in the case of sudden market movements, the risk to you is extremely high. Never add to a losing position. Use Stop orders to limit possible loss on all open positions.
Try to gain from the trend instead of trying to catch the top and bottom of the movement. Be with the market, not against it. Successful speculators usually BUY in bad news and SELL with good news. Do not try to close any profit position.