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70% of all retail Forex traders lose money. The good news is that by sticking to a few rules, you can put yourself in the 30%, and then work on increasing your profitability. The reasons why retail Forex traders lose money, and what they can do to become more profitable, are well known by the professional Forex community and are detailed in the infographic below.
TechFinancials is one of the leading binary options providers, and the company recently announced the launch of its mobile application. The focus of their new mobile application is to provide tablet traders with a simplified user interface and indeed the screen is filled with an intuitive design that employs a host of clear graphic elements. Traders can view their positions and open orders, do simple charting or view account status all on one screen.
Anthony Irwin came from a background in IT to pursuing a career as a private retail Forex trader. He shares his journey into the markets and some of the more unique aspects of his trading from his home in Brisbane, Australia, with Huzefa Hamid, DailyForex.com Senior Analyst.
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50Pipsfx is actually a human who goes by the name 50Pips in order to remain anonymous and let people focus on the message and not on the person. He's been following the markets since he was in his early teens and fills his day with trading and mentoring.
Jay Norris is a 20-year veteran of the Chicago Board of Trade, and has written two books "?Mastering the Currency Market" and "?Mastering Trade Selection and Management." Both volumes are used as text books at Trading University where Jay is the Director of Learning and a mentor in live markets for traders from all over the world.
If anyone believes that ISIS is only a political problem, they should investigate the situation further. ISIS, an acronym for the Salafist-Islamist insurgent group, is a terrorist band more militant than even al-Qaeda (and we thought they were bad enough!) It has already seized major cities in Iraq including its second largest city, Mosul, with a population of approximately two million. Can Baghdad be far behind?
Summer is over, schools have reopened and summer activity is winding down. Along with this emotional and physical slowdown, we are finding a pleasant surprise at the gas pump. For those who have not been paying attention, the price for a gallon of gasoline has been steadily dropping and analysts are predicting that prices will go even lower at least until the end of 2014.
The launch yesterdays of IronFX's intergalactic Forex trading competition once again raises the question as to the merits of such Forex contests, the actual ability to win something while meeting the contest's terms and conditions and the validity of using trading competitions as a means of attracting a quality trader base.