Companies, exporters and importers are also very much involved in the forex market as buying and selling of products takes place all over the world thus buying and selling of currencies to facilitate and complete all these transactions are needed. An exporter in the USA might have sold his products to a company in Europe [...]
Options are riskier to trade than stocks. That’s fairly well known. And we’ll get into why.
Since options have an expiry date the investor has to make a choice within a relatively short time frame. This adds risk and complexity to the trading scenario.
Also, since options are derivatives, they have no inherent worth. Their value is [...]
Over 90% of traders fail to reach any success simply because they are not equipped for success, especially in key components such as money management and emotional control. This is true for most things in the civilized world. We are programmed for failure and as such as easy prey for the trap that is the [...]
If you’ve been trading for a while, I bet you have had situations where you just felt beaten. You then either came close to quitting, or you tried to re-assure yourself with positive affirmations which at the time felt like a waste of time. If you’re a novice trader this is bound to happen, as [...]
Trying to make money from the markets even armed with a set of rules is likely to be met with failure. Over 90% of traders fail to make consistent money in the markets because their expectations are beyond their skill levels and their resources. Ill-equipped they are easy prey for the trap that is the [...]
If you have no idea what it is you want from trading; then the markets will give you just that, nothing! Over 90% of traders fail to reach any success and a large part of this is because traders refuse to set any sort of goal or objective. Floating aimlessly, they are easy targets for [...]
Hello, this is week eight in my ten week series on how to trade options successfully. This week we are going to discuss saving.
Savigs is one of the most critical parts to any successfuly financial strategy; if you spend your gains as soon as you have them you will never reach true wealth. It is [...]
Fact: If 100 people were to start trading for the first time today,only 20 of them would be trading after 1 year.
After 5 years there would be 5 left.
Why: Because the single most difficult decision a trader must make is when to pull the trigger [...]
You may think you know what a CFD, a currency pair, or an option is, but you probably don’t know anywhere near as much as you should. For example, trading a CFD and an option using the same outlay can result in two completely different scenarios; the CFD can take out your initial outlay, plus [...]
Seeking support from others is actually a natural process, and also a reciprocating affair. You should seek others support with the intention of having a mutual friendship, but also to make yourself accountable.
If you know what you’re supposed to be doing with your trading but you aren’t because you lack discipline, then you may [...]