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Forex Education Articles

                              
 
  Remember the best trader is the   educated trader.
  If you want to win at forex trading, then remember   that it is a learned skill. That's the good news, however 95% of traders lose money. If you don't want to be in that number then you must understand the following key points and make them part of your essential forex education. If you do, you will win...

Here are your key points, in no particular order of importance, but all equally as important.
Read more: why is Forex education so important?...


Stop Trading from Fools Rules and Reprogram Yourself for Success

Written by Online Trading Academy Tuesday, 15 December 2009 11:41

Humans live by the stories that they have constructed from early in life, much like a script to a play and that play is your life and the scripts to that play are your stories. These stories or scripts can also be termed rules that form the foundation of our behavior. In fact, over time as humans grow, they develop a set of typical responses to reoccurring events. These typical responses or patterns of behavior could be termed a list of rules that we live by. For example, when someone speaks...

Read more: Stop Trading from Fools Rules and Reprogram Yourself for Success

 

Tax Tips and Strategies for 2009 and 2010

Written by Online Trading Academy Tuesday, 15 December 2009 11:39

You may have looked at the title of this article and said, "Why is Diana, our real estate expert, talking to us about taxes?" Even though I've spent the last 20 years as a real estate investor and educator, my career began with a degree in accounting and a five-year assignment to the tax department of a national accounting firm.

One of the sections that I teach in the two day real estate class is dedicated to tax strategies related to real estate. Although no investing decisions should be made...

Read more: Tax Tips and Strategies for 2009 and 2010

   

A Laissez-faire Approach To Exiting Trades

Written by Online Trading Academy Tuesday, 15 December 2009 11:37

Think back to the all the trades you've made since being involved in the financial markets. How many of those do you recall would have worked (produced a profit), if only you had left well enough alone? For the newer trader, I would venture to guess that there are too many to mention. Now, that's not to suggest that seasoned professionals on occasion exit trades prematurely. In this business, there is no such thing as perfection; however, the difference is that Pros do it less often as they...

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Look to the Left

Written by Online Trading Academy Tuesday, 15 December 2009 11:35

Often in my option classes I ask the students a question that only on the surface appears to be tricky: "What comes first, the price action on the chart or the print?" Most of the time, the students give me that puzzled look which tells me that most likely they are somewhat confused, yet as the discussion commences, the perplexity becomes more noticeable. The majority of students have heard the expression that Price is King, yet when confronted with the above question, they feel that the...

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The Flaws in the System

Written by Online Trading Academy Tuesday, 15 December 2009 10:53

If you are reading this article, then I can pretty much guarantee you have a big interest in trading the Forex markets for consistent profits. Let's be honest, everyone's interest in trading of any kind all starts because of the attractive profits and lifestyle it can generate. Then, after putting some money in an account and losing it quickly, the dream usually becomes a nightmare and this is the unfortunate scenario for the vast majority of independent market speculators in the world today...

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