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Only 95% Of Traders Are Unsuccessful.

Hi guys,You've probably heard that infamous phrase that only 5% of traders are successful in the forex market.Unfortunately It is true.I believe it could even be less.Now this may not sound too encouraging, especially to the newbie trader but it is a fact.In many circles forex is known as a zero sum game.In other words it has no gain.For you to

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Forexds Trader’s Choice Awards Name The 2009 Best Global And Regional Currency Brokers

After more than 1000 evaluations from traders in more than 80 countries over a 12 month period, twelve FX broker firms emerge as leaders in the fast growing retail Forex marketSalt Lake City, Utah, May 13, 2009. Forex Datasource, a market research firm and information portal serving the retail foreign exchange industry, has released the results of a year-long study of broker preferences through its 1st FOREXDS Trader’s Choice Awards. The vast scope of real FX traders sampled over a

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Dollar could lose momentum

!--TITOL: h1Dollar could lose momentumFITITOL--FXstreet.com (Buenos Aires) - The belief that the worst of global economic turndown is over is likely to continue this week, and dollar could weaken partially against major rivals, losing its safe haven condition. However, Euro won?t find an easy way up as reports last week showed huge contractions in economies throughout Europe and that should pin down any rallies in the single currency. Also, this week the U.K. will present their inflation numbers, and that

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Why Most Newbie Traders Fail?

It is said statistically that 90% of the people who enter the Forex market end up failing and thus losing all the money they used to trade. But why are all these people ending up failing with so many strategies out there and such a big chance of building up a fortune?The simple answer is: They don't treat their trading accounts as their busines

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Only 95% Of Traders Are Unsuccessful.

Hi guys,You've probably heard that infamous phrase that only 5% of traders are successful in the forex market.Unfortunately It is true.I believe it could even be less.Now this may not sound too encouraging, especially to the newbie trader but it is a fact.In many circles forex is known as a zero sum game.In other words it has no gain.For you to

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Does The Market Trade Against You?

Hi TradersHow are thing going with you...Have you ever felt like the market is just waiting for you to enter, then it goes the other way? Then just as you get out, the market seems to reverse and go exactly where you thought it would when you entered? It almost seems that the pros know where your emotional decisions will be made, then they trade ag

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Too Good To Be True?

Hi, I am playing with demos for a while and finally I have decided to go real with small amount. I have chosen fxcm micro from the brokers listed on mataf.net and I am quite happy with the spreads, trading platform etc. Last week when I have been browsing around I found Forex online broker wit attractive promo. I will not post the name of the broke

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Strategy

Hi Guys,I found this on the internet:Is this really possible???FOREX TRADING STRATEGY (Micro Account) (Deposit Amount= 25% of Capital)Starting Capital = $800Stop = 200 pips Limit = 100 pips = 50% Profit/Trade Trade Number Lot Size Deposit Amount Trade No. 1 - 1 $200 Trade No. 2 - 1.5 $300 Trade No. 3 - 2.25 $450

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Why Does The Average Forex Trading Strategy Lose Money?

An interesting article, written by David Rodriguez from DailyFX, attempts to explain one of the simplest reasons for which many traders have lost money in forex markets.QUOTE (David Rodriguez)Why does the Average Forex Trading Strategy Lose Money?Both anecdotally and empirically, we have seen that many new forex traders are unable to profit due to

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Euro Could Lose More Ground as EU Economy Weakens

(CEP News) - The euro is looking vulnerable on what has been a quiet day in currency markets.Trading on Monday has been thin with U.S. markets closed for the Presidents' Day holiday, and weaker global equities have helped to drag EUR/USD to the bottom of its recent channel. The cross is down 0.95 cents to 1.2766 USD.A key support level for EUR/USD is 1.2760 USD and, according to some strategists, a break through that level could lead to more weakness.Neil

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