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Jul
03
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“The Survival of the fittest” is a phrase that originated from an evolutionary theory as way of describing the mechanism of natural selection (wikipedia).

But it can also be applied to other contexts, “fit” refers to “best adapted to the current environment”.

I believe that it can also be applies to the markets.

A trader that gets positive results is a trader that adapts to the current market condition. There is just no other way to get consistent results.

The market is always changing,...
Jul
02
INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 8

“To be successful in the markets, you need to control your emotions and only act rationally. Since we never learned this in school, 90% of the traders and 80% of the investors are losing money.”- Florian Grummes

Name: Marc Rivalland

Nationality: South Africa, the United Kingdom

Occupation: Lawyer, trader and author

Trading style: Swing trading

Career

Marc, who comes from South Africa, is a popular trader. He...
Jul
02
There is nothing worse than seeing one of your trades up by 40 pips one minute only to see it reverse shortly after and hit the stop loss 50 pips lower. This type of experience is unfortunately very common among traders in the notoriously volatile currency markets, but it’s not inevitable by any means – it’s simply a matter of how well you manage your money.

Money Management

The forex market is a fast-moving one, and gains can turn into losses in the blink of an eye. This means that...
Jul
02
Mahindra & Mahindra, Bajaj Auto and Hero Motocorp jumped 1-2 percent post auto sales data for June. Shares of Reliance Industries, State Bank of India and ITC rose 0.5-1 percent.Sensex holds 28000 amid consolidation; Reliance, SBI gainThe Indian markets took a breather in the morning deals on Thursday after two days of gains. The BSE benchmark Sensex edged lower and 50-share Nifty was hovering around its crucial psychological level of 8,450.
The Sensex fell 33 points to 27,987 and the Nifty...
Jul
01
If you are incredibly patient, and have a strong understanding of market fundamentals, then you might want to consider position trading. This is the longest term trading style, with trades lasting from several months to several years.

With time frames this long, technical analysis is of little use, as it is mainly market fundamentals that cause long-term shifts in value. Therefore, it is vital that you understand how economic data affects the countries whose currencies you are trading, and...
Jun
30
In forex trading, as in life, it is common for people to make the same mistakes over and over again. It’s one thing deciding that you need to learn from your mistakes – and this is of course a vital step – but it is quite another to recognise what you can learn from making a particular mistake, and what you can do to avoid making it in future. So, it’s not as easy as it sounds, this learning from mistakes thing, but there are three main reasons why many traders fail to manage it.

1....
Jun
30
After having hair cut in harder critical situation in 2012 amid the debt crisis increasing worries hitting the European economy, The economic situation now is easier.

The pressure on EU Fin Ministers is non pretty much lower with current imposed ECB's QE which provides the required help to Spain and Italy, after both of them refrained from asking for rescue plan halting the activation of OMT rules on them.

So, why is this consolidation between Greece and EU?!

It is seriously required...
Jun
29
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Choosing Swing High and Swing Low points

One of the biggest problems that people encounter when using the Fibonacci tool is deciding which Swing Low and Swing High points to use for setting the levels. Traders can look at charts differently, using different time frames, and this can lead them to draw different conclusions.

Basically, there is no concrete ‘right’ or ‘wrong’ way to set these levels, especially when the trend isn’t 100% clear. Although there will always be a degree of...
Jun
28
While many traders will spend hours poring over price charts and news feeds in search of an opportunity, comparatively few spend any time analysing the biggest variable in any trade – themselves. Yet, if you ask any successful trader as to the secret of their success, they will almost always expound on the subject of trading psychology. This isn’t always the easiest or most fun thing to pay attention to – not when there are flashy charts and buttons to be pressed – but if you don’t, then...
Jun
28
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Hello forum users!

I am badr, a representative from the InstaForex Company on this topic. I would love to hear comments, opinions and suggestions regarding our services that would certainly help us to develop and improve on this business. Please don't hesitate to ask questions, as I and my colleagues will be glad to assist everybody. Rest assured that any questions will be answered on the best way we can. Happy trading! ...