There are many different currencies in the wold. From dollars to yen to pesos, learn everything you need to know and more about currencies. Check out Modest Money’s posts about it now.
If you have dabbled in Forex, then you know that there are a few things that make a trader particularly successful on a consistent basis. These include factors such as experience, risk management, knowledge and even a little bit of luck. However, the tools at the disposal of the trader are also very important […]
In the middle of the last decade, there was a global explosion of retail forex trading as market makers and ECN brokers entered new markets. Fueling this growth was a combination of two factors:
the increased penetration of the Internet in many emerging market economies.
the development and advancement of new technology such as […]
Choosing your FX time frame is completely an individual choice. The time frame that one person works with may not be suitable to another, depending on personality types and personal preference. For someone with little patience who would feel nervous about holding out, a long-term approach would be a mistake. Personality traits could cause […]
So you want to get into cryptocurrencies?
There are many to chose from, and a few key things to know about when getting started.
What is a Cryptocurrency?
A cryptocurrency is a digital currency. It is unique from other currencies in that it is verified by a software program rather than official authority institutions.
To illustrate what a […]
The following post was originally published on Make Money Your Way
The foreign exchange is the largest financial market in the world, trading in excess of $5.3 trillion a day. Unlike other trading arenas, it has no central marketplace, which means that its brokers play a fundamental role in executing every trade that investors place. They […]
To improve your trading performances in the FOREX market, you need to adopt a certain attitude, one that’s based on patience and discipline. Since the FOREX market is open 24 hours a day, Monday through Friday, investing in currencies can be done around the clock, which can increase your overall stress level.
Let’s see how […]
The pound sterling has dipped to a level not seen since the summer of 1985. Many of us weren’t even born yet back then. Britain’s currency has experienced a downward spiral ever since the UK voted in a referendum earlier this year to leave the European Union, leading many people to lose faith in […]
Becoming a Forex trader has many advantages, but it’s not for everyone. You need to have the right attitude, be willing to work hard, learn the market, and have a bit of patience. The good thing is that it is not actually as difficult to make money through Forex trading as novice traders often […]
Getting into the financial markets can be daunting to say the least, as whichever trading vehicle you decide to use may offer access to 1000s of different instruments. The most popular securities can be a good entry point to trading as they have some of the best coverage. This doesn’t, however, mean they aren’t […]
Forex trading can be exciting, rewarding and lucrative, if you’re disciplined about applying sound trading principles and strategies. Ultimately, there is no single formula or strategy for trading success. Traders need to consistently hone their skills through hard work, persistence, good research and planning.
Here are 10 things successful forex traders do, which you can […]