• How Bruce Kovner Started With Only $3,000 And Ended Up Making $11 Billion Trading Forex

    Comments Off on How Bruce Kovner Started With Only $3,000 And Ended Up Making $11 Billion Trading Forex
    September 18, 2020 /  Forex and Trading

    Bruce Kovner was a NYC Taxi Cab Driver who didn’t have money to trade forex. So in 1977, he borrowed $3,000 on his credit card and started his journey trading forex and futures. He eventually made $11 Billion.

    Many people don’t know his name. But he is a legend of forex trading who started with no money and ended up making a true fortune. This is a lesson to all those who procastinate and think that trading forex requires a lot of money. What this story shows is that anyone with determination can start trading forex with no money and end up making a fortune. Now, don’t take me wrong! This does not mean that you and me can repeat the success story of Bruce Kovner. What it means is that if we want we can also make a mini fortune something like a few million dollars in the next few years trading forex.

    Forex is a huge market. Everyday something like $3 trillion get transacted in the global forex market. You too can take part in this global forex trading game and if you are really good at it claim your share.

    How do you play a game? With determination and will power to win the game. This is exactly how you should also play the forex trading game.

    Now, as shown by Bruce Kovner, you don’t need a lot of capital to play this game of currency trading. You can start with only a few hundred dollars and over time compound that small amount into a huge fortune.

    However, what you need is the right methods and the right forex trading strategies. This requires determination, effort and learning on your part. But one thing is clear money is not important in starting forex trading.

    What is more important is your mind, your discipline and your determination in winning the forex trading game. Trading is all about discipline and right strategies.

    Let me give you another example of Richard Dennis. Richard Dennis is another trading legend famous for his Turtle Traders. Whatever, once upon a time, he was a small time trader. He started trading commodities with only $300. Guess, how much he made eventually in the next few years? He made $200 million plus. What these stories illustrate that all great traders had started small but they had the determination to succeed big. You too can follow in their footsteps. You don’t need money to trade forex, you only need determination and the right skills! Good Luck!

  • Take the Option Trading Services of a Knowledgeable Option Trader

    Comments Off on Take the Option Trading Services of a Knowledgeable Option Trader
    September 8, 2020 /  Forex and Trading

    Stock trading is very fast becoming one of the most cherished way of investing one’s hard earned money. It is important thus that the individual who is thinking about investing his money into stock trading gets the appropriate guidance in this regards. Among all the stock trading avenues available, one of the most favoured one is the option trading services. The concept of option trading services came into being realizing that not everybody investing money in the stock trading is aware of the manner in which the stock markets operate. The freedom of selling or buying a share of a company would allow you to have a control over your financial investments. But it would always be prudent to take the help of a knowledgeable financial consultant, who knows the tenor of the markets whether local or global.

    Any sanguine financial advisor would provide you with all the options that you can have depending upon your own financial standing as well as the percentage that you can afford to spend in building your portfolio. It is important thus that you have the right financial advisor that can provide you with the best option trading services. The presence of internet has further eased the process of finding a good financial advisor. There are many online financial consultants who offer option trading services to their clients to keep them abreast of the latest tidings in the stock markets.

    It is a known fact that when the volatility is at high levels and the stop loss point on a particular stock is the same as that of the option, then options are the preferred vehicles. There are two major components of the option quotes. They are the call options and the put options. A contract that allows the holder to buy 100 shares of the underlying stock within a certain time frame is known as the call option, whereas a contract that gives the holder a right to sell a 100 shares of the underlying stock within a certain time frame and at a certain price is called a put option.

    Trading in stock options is one of the best ways of making investments. The investment done using the stock options as the vehicle can only keep you in an advantageous position no matter what is the condition of the stock market. Whether the market is on the rise or witnessing a fall, the stock options would never let you down. Thus it is advisable that you take the option trading services from a knowledgeable option trader and reap the benefits that accrue from it.

    Find and related information at

  • Forex Income Engine 2 Review Why Training is SO Important in Forex

    Comments Off on Forex Income Engine 2 Review Why Training is SO Important in Forex
    September 8, 2020 /  Forex and Trading

    Forex Income Engine 2 training is really a necessity for anyone with this particular interest. Forex training is usually beneficial to get a trader, even if he has a couple of months of sensible understanding in foreign exchange marketplace. Foreign exchange coaching is very essential if you want to obtain in to the globe of foreign exchange buying and selling.

    Foreign exchange training is available via on-line courses, advanced trading workshops and 1 on one mentoring. Foreign exchange coaching is really a process which demands a continuous work to use the knowledge that will be gathered from studying Foreign exchange buying and selling publications, into practice.

    Forex coaching is the crucial to successful Forex trading. The very best location to obtain Forex training is from someone who is currently involved in Forex buying and selling.

    Investing inside a high-quality Foreign exchange training is a good stage to turning into a successful trader within the market. The best place to obtain Forex coaching is on-line. On-line method of Foreign exchange coaching is good for newcomer for it assists him to obtain prepared with nuts and bolts of the trading marketplace. The reason that Forex coaching is so important is because the Forex market is extremely competitive and volatile. Quality Forex coaching is the crucial to success.

    Investing within the correct Foreign exchange coaching is simply as important because the amount of cash that you simply will make investments in your live buying and selling account. The crucial goal with the Foreign exchange training would be to discover exactly where within the brokers WebPages to discover what info, what the various indicators imply and what indicators to make use of for comparison.

    Effective Forex buying and selling begins having a good Foreign exchange coaching. This will save you a great deal lots of time trying to learn it yourself and conserve you a large number of bucks attempting to find the secret formula for successful buying and selling. Profiting and winning in Forex Buying and selling is not rocket science, you just need the right information and strategy to follow.

  • How to Buy a Good Trading Robot

    Comments Off on How to Buy a Good Trading Robot
    August 31, 2020 /  Forex and Trading

    The Best Forex Robots available online are considered the best friend to any forex trader. Those who do not understand what a forex robot is, they should know that this is software that helps traders to effectively trade in the currency exchange market. The robot is usually programmed to undertake trading without involving humans. Due to this, it becomes such an essential tool, as a merchant can buy and sell without necessarily logging into the trading platform. All of you need to do is to program the robot that trades on your behalf.

    As a new entrant in currency exchange trading, you will meet many companies selling such automatic tools. As most time they are usually expensive, you should do thorough research about the software and the company you want to buy from. The best place to start your research for a reputable company selling legitimate ones is from friends. If you know friends who trade in the market, you can ask them to refer you to a good company. This way, you will easily identify a good system without struggling too much.

    If you do not have friends to recommend a good one, you can undertake the research by yourself. The best place to do research is online. You can start by making the regular Google search and you will identify several companies selling the software. To ensure that the company is reputable and it is selling good products, you should read the various reviews given by different users. From the reviews given, you will be able to know if the company is reputable or not. Do your researches, before you use a site offering options.

    If a company has many negative reviews, you should avoid buying the tools from them. This is because most likely they will sell you a faulty program. Other than the company having a bad reputation, you should also avoid buying from a company that has no reviews. This is because most likely the company is new and has no experience in its operations. To be on the safe side, always ensure that you buy your automatic tools from a company that has a good reputation and years of experience. This is because the company will have a reputation to protect. Therefore, they will sell you the best quality products. Other than selling you high quality products, experienced companies are usually knowledgeable. As a result, they will guide you in any area you are not experienced. Before choosing the right one, you should learn more about what are Forex Robots.

  • Forex Trading – U.S. Dollar Index

    Comments Off on Forex Trading – U.S. Dollar Index
    August 30, 2020 /  Forex and Trading

    The U.S. dollar index measures the value of U.S. dollars in comparison to six other major currencies-euro, yen, British pound sterling, Canadian dollar, Swedish krona, and Swiss franc. In forex trading, this is measured by the weighted geometric mean of the U.S. dollar against the six global currencies. The index is updated twenty four hours a day, seven days a week. The U.S. dollar index serves as the general assessment of the value of the U.S. dollar.

    The U.S. dollar index was invented back in March 1973 to replace the Bretton Woods system. That period was chosen as the zero point because it was significant in the history of forex options trading market. This implies that during the time most currency trading nations were quoted freely against one another. It was agreed upon in the Smithsonian Institution, Washington and was considered by market theorists as a victory against the Bretton Woods system that promotes the collapsed fixed rate invented 25 years ago.

    The U.S. dollar index is now used as an indicator in forex trading by most speculators who uses currency pairs that involves the U.S. dollar. Besides, the forex market is all about the highs and lows of the U.S. dollars. Taking into account the value of the American greenback by using U.S. dollar index is a good signal to the trader as to when to enter a trade. This shall be an addition to the growing knowledge of traders when it comes to the ins and outs of the financial market.

    Timothy Stevens is a Forex Options Trader who owns – He has helped hundreds of people on Trading Forex with Options.

    He has recently developed a free e-course showing you a step by step process for starting your Forex Trading easier. To learn how to start Forex Trading with Options without wasting your time and losing more money, visit

  • What Not to Do in Forex Trading

    Comments Off on What Not to Do in Forex Trading
    August 27, 2020 /  Forex and Trading

    One can say that forex traders are made, not born. Hence, even if you have completely no idea about the ins and outs of this industry, you still stand a fair game even with the experts just by knowing the right moves and avoiding the harmful attitude makes the prospect of gaining easier to achieve.

    Beginners would naturally tend to feel emotional about their trade that either nervousness or overexcitement can affect their decision-making. This could potentially lead to loss of investment that would have an effect on future decisions as well. Taking it on a lighter note, an outcome of an error due to emotional factors can be treated as a lesson in forex trading. Some, even those who are already experts in the field, make the mistake of investing their emotions as well. It is never wrong to be happy when a move turns in money, but getting too emotionally attached can bring in more stress than you can afford to.

    One of the mentalities that you would have to eliminate, when in excess, is thinking of forex trading as an instant success. Take time to be familiarized with the industry and know the market. Thinking positive is good, but when you become overconfident that sound decisions are easy to do, that is when you start to commit mistakes.

    Lastly, a know-it-all attitude can get you submerged with losses. The dynamic characteristic of the foreign exchange market makes it necessary to keep some of the traditional exchange strategies, formulate new ones, or collaborate both. Assuming that you know its movement would signify that you do not understand fully its trends and flows.

    Timothy Stevens is a Forex Options Trader who owns – He has helped hundreds of people on Trading Forex with Options.

    He has recently developed a free e-course showing you a step by step process for starting your Forex Trading easier. To learn how to start Forex Trading with Options without wasting your time and losing more money, visit

  • The Best Tactics For Short Term Forex Trading

    Comments Off on The Best Tactics For Short Term Forex Trading
    August 26, 2020 /  Forex and Trading

    In terms of being the best tactician in short-term forex trading, we recommend momentum trading and for good reasons, too. Its main aim is to achieve the profit target as soon as possible with as little risk possible under the volatile circumstances that surround each forex transaction. Basically, you take advantage of the momentum when it is on your side by entering the forex market either on a long or short basis.

    You will require three kinds of moving averages to accomplish your purpose, namely, the moving average convergence divergence (MACD), the 100-day simple moving average (SMA), and the 20-day exponential moving average (EMA). You will see why later.

    For the MACD, be sure to use the default setting on the 5-minute chart. Said default setting is: Signal ENA=9, First EMA=12, and Second EMA=26. To start on this short-term forex trading strategy, open the 5-minute chart and look for the right currency pair. This means the pair trading below the SMA and EMA. Take a look at the MACD histogram. You will enter into a long trade when the MACD starts turning positive but stay within 5 candles. Your stop loss margin must be positioned at the candles low point, which should be above the EMA and SMA.

    You will exit half of your position the moment the trade changes in your favour but be sure that it is still within the amount risked. The other half of your position will follow a trailing stop within a -15 pips on the 20-day EMA. This forex trading tactic should pay off handsomely under the right circumstances.

    Now, lets assume that that your chosen currency pair is trading in the opposite direction above the EMA and SMA that is. In this case, you must be patient and wait until such time that the currency pair is trading below both the EMA and SMA by 15 pips, minimum.

    In reverse of the first situation, you will enter into a short trade with the MACD turning negative within 5 candles. (The first situation was go long on positive turn). Your stop loss is at the high point of the first candle breaking through the EMA and SMA. (In the first, it was at a low point). You will also exit half of your position with the other half set for a trailing stop at +15 pips on the EMA. Again, this forex trading strategy should be in your favour when you can closely monitor the charts.

    There are other strategies for short-term forex transactions, of course. Two examples are the use of 2 charts, namely, the hourly and the 10-minute charts as well as the 200-bar MA. You can also explore these options but we recommend trying the momentum trading strategy first.

  • Price Action Trading Using The Atlas Line

    Comments Off on Price Action Trading Using The Atlas Line
    August 26, 2020 /  Forex and Trading

    The answer has been staring you in the face but youve been so overwhelmed with the indicators around it that youve havent taken the effort to understand the heart of the matter. Traders have made their trading strategy so over-complex that they have lost sight of the simple core aspect for trading, that is the market price and its behavior. Price Action trading lies in the simplistic and clear understand of the market analysis.

    DayTradeToWin has been a forefront for educating traders, specifically on how to improve your results by using price action trading. Price action trading has been the primary catalyst for successful traders using John Paul’s trading methods. With the popular At the Open course and Price Action Scalping course, it’s no wonder the Atlas Line indicator has outperformed traditional indicators that simply lag behind.

    The Atlas Line method provides multiple automated signals that serve day traders as a consistent tool for precise market direction. Unlike other price action trading methods, the Atlas Line was created for institutional traders. A unique and significant quality of the Atlas Line is that it can be applied to all markets, including: the E-Mini S&P, Euro Currencies, British Pound, Canadian Dollar, Australian Dollar, Dow Jones, Russell, T-Notes, T-Bonds, Forex and much more. This robust filtering method can be used as standalone or used in conjunction with other trading methods for entry confirmation.

    Essentially, the Atlas Line plots an angled line across your trading chart, and provides trading consistency in its use. Scalpers especially love this tool. Very few software-based trading methods have stood the test of time with the results to prove it.
    The proprietary Atlas Line method is available for NinjaTrader versions 6.5 and 7, Tradestation and eSignal.

    All purchases include an educational private webinar with John Paul for guidance on configuration and implementation of the Atlas Line. This training is a benefit to all purchasers of the Atlas Line because traders learn, understand, and interact with the softwares creator, John Paul.

    Traders get an edge with the Atlas Line by indicating a markets trend early in the morning and making profitable trades based on this information.

    For more information, contact DayTradeToWin by email at or by phone at 888-607-0008.

  • Mystery of Liquidity in the Forex Market

    Comments Off on Mystery of Liquidity in the Forex Market
    August 25, 2020 /  Forex and Trading

    Did you ever focus on the term -Liquidity- that is generally used to understand the flow of forex market?

    For the sake of simplicity let us say Liquidity defines the volume of transactions that happens per day, in the sense of how many transactions and how much of amount is being traded. Liquidity defines the ease with which you would be able to carry out orders in the market, without even manipulating the prices. s.

    If we take a rough idea then number of traders must be twice of the number of transactions in ideal case, if one buyer and one seller are involved in one transaction. But actually single trader trades over multiple currencies which results more than one transaction. In short, liquidity defines the volatility of the price movements. The more any currency pair is liquid, the less it will move since large volume of trades are executing on that pair. The less liquidity means harder to sell or buy that pair.

    Moreover, the more liquid market means it has more number of traders having many trades and transactions. has excessive liquidity as million of traders, bankers and brokers are involved in it. So that a forex trading can buy or sell multiple trades on some clicks, further growth are increasing day about day expanding the retail traders as well.

    Let us consider real estate market for a while. This is the market which is extremely illiquid as you know it requires a lot of investments and starting capital to form such physical building while in forex market you can start at a very low amount. As a result you will find a bigger range of price offered for illiquid assets while a highly liquid asset will have a very specific price.

    Now the question must be in your mind that on which factors liquidity actually depends. liquidity varies everyday day as global financial centers open and close as per their respective zones. Sometimes liquidity gets affected due to market holidays in various countries and seasonal festivals like x-mas day.

    No one can predict the uncertainty of price movements so there is a great risk in more volatile pairs of thin liquidity where maintaining a position in the market is quite difficult and hence difficult to take action.

    So it is recommended to invest after analyzing the market condition where a catalyst could be news events and assumptions of forex experts. A complete information can help you lot while trading to learn the market tricks.

  • Risk Free Forex Trading Strategy

    Comments Off on Risk Free Forex Trading Strategy
    August 24, 2020 /  Forex and Trading

    Forex trading has become the recession proof business of 21st century. There is no better way to make money from home than forex trading. You only need a computer and a good internet connection to start. However, many people still afraid and consider forex trading to be risky. Well in this post, I will give you a risk free method.

    Anything done without education and training is bound to fail. You cannot become a good tennis player by simply holding a tennis racket. Same with forex, you need education. The good thing is that now days, you can find very good educational resources online. Just Google, forex trading course and you will come across many websites that will tell you almost everything about forex trading in simple and easy terms.

    Now once you feel confident that you have learned a few good forex trading strategies, you can open a demo account. Demo account gives you the privilege to trade without losing your actual money. You will get the real data but you will be using virtual money. So you can practice the strategies that you have learned without being afraid of losing your money.

    But here, I will tell you that most of the people now use forex robots. Auto forex trading has become popular with the introduction of metatrader platform that gives you the ability to write programs in MQ4 script. A number of good programmers and expert traders have teamed together to develop good robots also known as expert advisors that can trade on your behalf 24/5. Dont forget the forex markets are closed on the weekends.

    Visit my blog to read more on different auto forex trading systems. There are two very good auto forex trading systems that you can try. Both the systems come with 60 days money back guarantee. Try anyone of the system for 60 days on your demo account. If you feel that it works for you, start live trading otherwise asks for a refund. How much money you have lost? Not even a single cent. Now this is the risk free forex trading strategy that you should not miss.

    Forex trading is a great way to make a fortune working from your kitchen table. Dont miss this opportunity. You only need a little bit of effort and commitment and you will succeed. I have given you a very safe risk free method to trade that you can use. Visit my blog where you fill find lots of material on forex trading strategies. GOOD LUCK!