Do Forex Robots and EA’s Really Work?
By Forex Signals
For the uninitiated, a forex robots (also known as an Expert Advisor, or EA) isn’t as fancy as it sounds. When I first heard the term I had visions of an intelligent machine capable of outsmarting my Roomba at a game of chinese checkers. But… it’s not. Forex robots are just a piece of trading software that trades automatically based on... Continue Reading
How many monitors do you need to trade forex?
By Forex Signals
How sexy is a desk with multiple monitors? Nothing excites many of us more than sitting down to our desk with charts whirring and price jumping, reaching for that elusive Trading Platform. We’re like captains on a space mission, destination – planet money. But, how many trading screens do you really need to maximize the chances of your success as... Continue Reading
Does anyone make money trading forex?
By Forex Signals
You’re starting to wonder whether you’ve wasted your time trading forex, aren’t you? “Maybe this whole thing is just a scam…?” I assure you it’s not, you just haven’t mastered it yet. I’ve been making money trading for decades, as have my colleagues Mark Bennell and Joel Kruger. But it ain’t easy. Each one of us thought about quitting in... Continue Reading
The Biggest Psychological Challenges of Forex Trading
By Forex Signals
Dear Trader, So you you’re looking to master trading psychology and want stay in control of your emotions? Well done. You just passed a vital step in your trading journey without even knowing it. Emotions are what makes or breaks traders. Even a mediocre strategy can be profitable if applied diligently. What causes a bad trade to morph into a... Continue Reading
Do Forex Brokers hunt your Stop Loss?
By Forex Signals
Let me try and guess what brought you to this page. You were recently stopped out in a trade by a fraction of a pip, only to see price rebound off that your stop level and head back in your intended direction? Crazy how that happens isn’t it… It’s a fair assumption that there is someone, or something out to... Continue Reading
Things successful traders all have in common
By Forex Signals
I’ve been making money from the markets for over 30 years, and during that time I’ve seen hundreds of colleagues come and go. Many have become multi millionaires several times over, whereas some have dusted their accounts and given up. In preparation for this blog post, I’ve reflected on my own experience and why it is that I’ve been successful.... Continue Reading
Is Trading a Demo Account the Same as Live Forex Trading?
By Forex Signals
Is trading demo account the same as live forex trading? Let me ask you a different question. When you buy a house in the board game Monopoly, do you get excited or stressed? How does that emotion compare to when you buy an actual property? Pretty different aren’t they! I appreciate this is an extreme example, but the premise is... Continue Reading
Do Trendlines Work in Forex Trading?
By Forex Signals
“The trend is your friend” Have you heard that saying before? If you’ve been trading the forex market for more than 15 mins you should have. My favorite part is the often forgotten second verse: “The trend is your friend until the bend at the end!” For those of you that know me, you’ll know I’m a huge fan of trading in the... Continue Reading
Why Do Traders Use a Forex VPS?
By Nick McDonald
If you’re asking yourself, “do I need a Forex VPS?” then I’m guessing you’re relatively new to the trading world and someone you trust has suggested you need it. So… should you get a Forex VPS? The answer depends on what sort of trading you do. In case you wish to buy and hold financial assets, then quite frankly, a... Continue Reading
How Do Forex Indicators Work?
By Forex Signals
If you’re asking the question, how do forex indicators work in forex trading, I’m going to make a couple of assumptions about you. You’re new to the forex market. You see forex trading as an avenue to improve your lifestyle by making money. You want someone, or something, to tell you when to enter or exit the market because it seems like the easiest... Continue Reading