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How to Accept Losses With Grace

[adrotate banner="1"]The lack of a proper trading plan which includes precise rules for entering and exiting a trade will most certainly guarantee failure over the long term. Beginners usually suffer from the same common ailments. They abandon trading plans purely on impulse because things are not going exactly as how they had envisioned. Repeatedly they [...]

Technical Analysis vs. Fundamental Analysis

If you’re just beginning to delve into the world of forex trading, it can be an intimidating and overwhelming market to get your head around. You might have come across the terms ‘technical analysis’ and ‘fundamental analysis’ already, but what’s the difference and which one is best for you? Technical Analysis In short, when a [...]

Relative Strength Index RSI

relative strength index

[adrotate banner="1"] What is the Relative Strength Index? The Relative Strength index (RSI) is a momentum oscillator used to track the strength or weakness of the S&P 500 or other index or asset. Based on the closing prices, and typically using a 14 day timeframe, the RSI will signal to a trader if they can [...]

Carnival of Money Pros

[adrotate banner="1"]Welcome to the Carnival of Money Pros! Here are some great posts all about…Money! Let’s jump right in. Glen Craig @ Free From Broke writes Is Gold a Good Investment Right Now? – The economy seems to be doing better but does that mean inflation is not far away? Is now a good time [...]

Signs That it’s Time to Tackle Your Debt

With the economy being the way it is, staying on top of your finances can be challenging. If you’re struggling for cash it can be tempting to apply for a credit card or take out a loan. These can help in many cases, but if not handled correctly can lead to some serious problems. If [...]

Being Comfortable Sitting on the Sidelines

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[adrotate banner="1"] i.e. why I haven’t gotten back into the Euro since November. I’ve gotten beat by my emotions before. I had a disciplined trading system and I decided to deviated from the system based on what I was feeling. If I was anxious to trade or if I felt that I had to trade [...]