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Tuesday 18 November 2008

Forex For The Small Speculator

Tuesday 18 November 2008
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Today was a banner day for me... trading the AUD/JPY with a return of more than 10% NAV. The market simply walked up and down my trend lines bringing me profits with every pass. How come this doesn't happen more often?Anyway, as a small time speculator I thought I'd outline some issues that we face compared to some of the larger traders:We trade in very small lot sizesTo make any meaningful

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Sunday 16 November 2008

Getting A Forex Education - Forex Books

Sunday 16 November 2008
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How many of us in the Forex market simply jumped in the market and started trading? I know that was my path. I tossed a few dollars in an account and figured losing it would be a paid lesson in how the markets work.I can't say that this hasn't been a valuable path. I've learned some good lessons along the way:it's important to let go of losses early so you have enough capital to sink your

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