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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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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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US markets turn down on automakers hurting confidence, EUR consolidating
Fxstreet.com (Barcelona) - Wall Street has turned down from positive open after GM published its first quarter sales results. The automaker has said it lost twice as much money between January and March as it lost a year ago. Consumer confidence hurt sales on bankruptcy fears.Dow Jones is falling 0.83% an it has lost the 8.500 pts level, S&P 500 is down by 0.68% on the day and Nasdaq is posting 1.92% decreases.EUR/USD is fighting the 1.3400 key level after
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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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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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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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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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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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Your Analysis Are Wrong
I receive many messages from trader who wins or loses with the technical analysis. You must be aware that trading is hazardous, I'm not a medium.I want to warn all traders. Please post a message here when you lose. Only when you lose.Why?To educate newbies. This is not because there are periods of gains that we can take more risk.Keep a good mo
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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
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