Thousands of forex beginners excel in the trading of forex online while using a demo account. Yet only a handful ever gets to open a live forex trading account. The rest simply disappear either after reading broker reviews from bitter traders or when bogged down by the strict account opening conditions set by their preferred brokers.

If any beginner aspiring to be a successful trader of forex used the lens of a pro forex trader, they’d realize that the pros’ view of the forex market is never overestimated or rosy but simply realistic. The beginner would also discover that the pros approach to forex trading entails the simple things that new comers to the forex sphere tend to ignore.

Below are eight tips for successful trading by

Most forex beginners tend to think that it’s all about depositing money with their preferred broker and then starting to trade. How misconceived can that be? Forex beginners are so concerned about making money trading forex that they are self- dispossessed of the

If anything can go wrong -it will. That is the summation of Murphy’s Law. That phrase has an important significance on our bearing as forex traders whether pros or amateurs. Applied to the forex market, it simply means that we can never completely insulate our

Forex is the world’s most traded market characterized by high liquidity and the ability to transact on leverage or borrowed money that is used to increase the value of a position which would otherwise be valueless. It is attractive to most players who come in both for short term or long term speculation. The forex turnover is placed at about US$4 trillion per day. That is what makes it so lucrative and a pulling magnet for those desirous of quick returns. There are a lot of things concerning forex that one needs to know, either as a by the way or by having a mastery before starting on the journey of trading on a real money funded account.