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Forex trading defects) What I read a lot about the advantages of automated trading for Forex, but you should also know that trading using expert advisors is not necessarily the magic lamp of success as it seems at first glance. Everything has its advantages and disadvantages; so is the case with automated trading, where it continues to be accompanied by some disadvantages. You can see the most prominent of these shortcomings from the list below: . Personal intuition is lacking in circulation Computers do not have personal intuition or so-called sixth sense. Although some traders do not believe in the importance of this sentimentality in trading, some rely heavily on it - so automated trading may not be an appropriate option for these types of traders. Seamless implementation of transactions and the work of expert consultants without interruption are indispensable in automated trading systems. But unfortunately it may be difficult to keep the consultant running when relying solely on th

How to deal with stress and psychological stress in forex trading?) We all want to read and study topics related to strategy, analysis and Forex trading. For many traders, this is normal and understandable and is the simplest part of the trade. By contrast, emotion control and capital management belong to a vague category of knowledge in currency trading. On news channels, intermediary sites, news sources and analysis, both visual and online, you can find a presentation of the various market movements and strategies on which hot discussions are based, but commentators who are not usually trading themselves do not feel the importance of discussing the psychological side of trade in their presentations. However, the fact is that most Internet traders fail, and the main reason for the lack of success is the failure to control their feelings and achieve mental discipline. In some cases, you will find that the trader does not even reach the level that can lead to good knowledge of economic

Competition and war between currencies) What is the secret behind the desire for a weak currency? . In fact, many countries prefer strong currencies during periods of economic expansion, where strong currencies allow increased purchasing power of citizens. A strong currency can lead to a higher quality of life. It also helps in controlling inflation Although the currency is weak but has its own benefits - at least from the point of view of countries that favor that theory. When a country's currency is weaker than its currency counterparts, its exports are cheaper and more attractive. Perhaps Japan is one of the countries that is known for its desire to keep its currency relatively weak. For their desire to keep the price of their exports lower and then accept people in other countries to buy their products. The same is true of China, a country that favors a weak value for the yuan relative to the US dollar, simply because more Americans want to buy cheap Chinese products. With lowe

The 3 most famous traders in the history of forex) Jesse Livermore Born in Massachusetts, Jesse Livermore and Riston began his career in trading when he was only 14 years old. In just one year, revenues increased to $ 1,000, which is currently equivalent to $ 23,000. Livermore is widely recognized for winning and losing multi-million dollar deals in its trading history. His wealth as a result of trading amounted to $ 100 million (equal to 1.384 billion in 2014), although he lost all his wealth in 1934 and then ended his life in 1940. He noted that he would write down certain accounts about future market prices and would verify their accuracy later. Initially, it was his first investment in the stock market with a brokerage firm not licensed to deal in securities. However, his success in dealing with stocks brought him a lot of enemies, especially from the tycoons and decision makers, preventing the deal with most brokerage firms. This work enabled him to monitor the market and know the

Forex trading features)  Expert Advisors Many traders (especially beginners) view it as a "magic lamp" for success in the Forex market. They expect every expert consultant they buy or are on their way to make quick profits without any risk. Expert consultants, certainly, are not the "magic lamp" in Forex. Automated trading is just another tool to ease the trader's life, and sometimes to improve its profitability. The following is a list of the real advantages of trading Forex using expert advisors: Expert consultants provide the ability to trade at times when you can not trade manually. You can create an expert advisor to trade on your behalf when you are asleep, away from the trading platform, or even when you are too busy and do not have time to sit in front of the trading platform. Of course you can hire someone else to trade on your behalf when you are busy, but this solution will not be effective in many cases. A strict trading system is another advantage o

You can succeed in Forex trading if you are busy؟ Forex Trading is a new and promising market for aspiring individuals who want to test their skills in a competitive environment with the right to huge profits. Mastering forex trading is not easy, you need to commit to devote some time and effort to learning and training on how to trade, this is necessary before achieving any desired results and at any level. This fact may sometimes irritate some potential traders to the point where they may be forced to abandon the idea of ​​currency trading because of the restrictions they impose on their times and their normal lives. In this article we will take a look at the reasonableness of the experience of currency trading in part to the average person. Perhaps the most obvious advantage of the Forex trading experience is the almost unlimited degree of flexibility that we can find in this market. The partial nature of the graphs means that ignoring the costs of the broker or trading, whether in

Ways to detect fraud in Forex As the popularity of Forex trading increases, cheating activities are increasing. Since Forex involves trading money on an international scale, often on the Internet, good chains of fraud attempts are beginning to emerge. Ironically, many of these fraud artists can find their footprints in newspapers, television, and other print media. While these cheating attempts can be easily monitored by experienced traders, new speculators find it difficult to distinguish between what is real and what is not. It is essential that you thoroughly look at everything related to Forex trading and which company you are likely to trade with before you deposit any investment money. The last thing you will need to know is if the company you invested in is subject to SEC investigation for fraudulent crimes. In such circumstances it will be impossible to recover your money from this company because the claims by people who have been scammed like you will be much higher than the

How to deal with loss in Forex?( The most important rule in the area of ​​currency trading is to try to reduce your losses as much as possible. When your losses are small, you can stay in the market for as long as you can, even when you are moving against you, so that you can benefit from market conditions when you start moving in the direction you want. One of the best ways to keep your losses at a minimum is to determine the maximum loss you can afford even before you open the trading center. The maximum loss or loss is the maximum amount of capital you can remain comfortable even if you lose it during trading. Keeping your maximum losses at a certain percentage of your account balance will not stop you from trading at any time. Unlike 95% of forex traders who lose their money just because they have not followed prudent rules to manage their capital within their trading system, you will remain in good shape using this golden rule of capital management. Let's use an example. If yo

(How did forex start?) The origin of the Forex trade has been traced back to its history years ago. Different currencies and the need to exchange them have existed since the days of the Babylonians. He calculated that they were the first to use paper notebooks. Speculations were barely speaking. These days the value of goods was expressed in the form of other goods. The clear limits of this system encouraged more acceptable means of exchange. It was necessary to establish a common rule for calculating the value. In some economies, things such as teeth, feathers and even stones were used at some times, but later on, the use of minerals, especially gold and silver, was used to dig a prominent place as an acceptable means of payment and also as a storehouse of value that could be trusted. Trade between the peoples of Africa, Asia and others was done through this system. Money was initially manufactured from the preferred metal in stable political systems, introducing the paper form of gov

(The main difficulties facing a forex trader) Most traders spend years trying to look for a set of indicators that only a few Forex traders know that will enable them to become wealthy in a short time. But there is no such thing as a fantastic indicator or a set of indicators that can enrich anyone in a short period of time. The main reason for this is market changes, each moment is unique. Any Forex trading system will inevitably fail at one time or another. Therefore, our goal will be to find the Forex trading system that fits our character as traders, otherwise the trader will have difficulty tracking this system. Unfortunately, most traders are attracted to the Forex market because of the desire to increase money. This is mainly due to the fact that advertising always tries to show or suggest that trading and making money in Forex are easy. But in fact, trade in itself is very easy for anyone to do. It's just as difficult as a single peak, but the second part of trading is not