Forex Market Analysis Studies
The FX markets are the most volatile markets with a daily turnover over 6 trillion US Dollars if we were to add to the spot market the full range of OTC forward rate agreements and derivative trading.
The FX markets are now the most popular medium for day trading activity across hundreds of private platforms that stretch across the globe from China to USA.
Accessibility is almost instantaneous but longevity is usually brief.
Why?
Because again and again private individuals enter into the FX trading arena unprepared. It is simple as that. They usually enter with $5000 accounts, implode and come back a year later with a different account but no wiser.
So why can't people learn to prepare themselves better?
Perhaps it is human nature that we all tend to try to find the shortest possible route to success. But often shortcuts do not work out in life.
Proper preparation prevents poor performance.
The key to successful trading over the years ahead lies in the time that you decide to invest in your own private education. Reading and learning increases your potential to analyze information faster.
Please use Bookboon where you can download books on economics, the theory of money and markets for a better understanding of how the Forex markets work.
Please download for free:
Foreign Exchange Market: An Introduction
Prof. Dr AP Faure Rhodes University
http://bookboon.com/en/foreign-exchange-market-an-introduction-ebook
The more time you invest in education then the better prepared you are to make trading decisions and the less likely you shall implode your accounts. Knowledge empowers the individual to a better understanding of the technical and fundamental nature of the forex markets.
The FX markets are now the most popular medium for day trading activity across hundreds of private platforms that stretch across the globe from China to USA.
Accessibility is almost instantaneous but longevity is usually brief.
Why?
Because again and again private individuals enter into the FX trading arena unprepared. It is simple as that. They usually enter with $5000 accounts, implode and come back a year later with a different account but no wiser.
So why can't people learn to prepare themselves better?
Perhaps it is human nature that we all tend to try to find the shortest possible route to success. But often shortcuts do not work out in life.
Proper preparation prevents poor performance.
The key to successful trading over the years ahead lies in the time that you decide to invest in your own private education. Reading and learning increases your potential to analyze information faster.
Please use Bookboon where you can download books on economics, the theory of money and markets for a better understanding of how the Forex markets work.
Please download for free:
Foreign Exchange Market: An Introduction
Prof. Dr AP Faure Rhodes University
http://bookboon.com/en/foreign-exchange-market-an-introduction-ebook
The more time you invest in education then the better prepared you are to make trading decisions and the less likely you shall implode your accounts. Knowledge empowers the individual to a better understanding of the technical and fundamental nature of the forex markets.
Pieter Bergli - Trader X16
A non-profit service for free education on in the forex markets
Disclaimer - U.S. Government Required Disclaimer - Commodity Futures Trading Commission
Futures and Options trading involves risks of losses. No representation is being made that any reader and account will or is likely to achieve profits or losses similar to those that are being discussed on this blog http://forexeducationperspective.blogspot.com/. The past performance of any trading system or methodology discussed is not necessarily indicative of future results.
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
All trades, patterns, charts, systems, etc., discussed in this blog http://forexeducationperspective.blogspot.com/ are for educative and illustrative purposes only and not to be construed as specific advisory recommendations for actual trades. Disclaimer - http://forexeducationperspective.blogspot.com/ bears no responsibility for the trading actions of its readers.
* European Union laws require European Union visitors to this blog to know that cookies are used by Blogger and Google, including use of Google Analytics and AdSense cookies and in reading material from this blog do consent to the use of such cookies
