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    • Forex Tips

    Simple forex trading tips by Imran at ForexFactory

    Saturday, March 15th, 2008

    Money Management & Trading habits:
    Maximum 5% risk per pair.
    Your risk to profit ratio has to be minimum 1:2. That means if you are taking a 5% risk on a trade make sure your profit target would be at least 10%.Always have realistic targets.
    More trades you take the more you expose your account for losses. No […]

    45 WAYS TO AVOID LOSING MONEY TRADING FOREX

    Friday, January 11th, 2008

    45 WAYS TO AVOID LOSING MONEY TRADING FOREX

    by Jimmy Young, CTA

    1) Knowledge Deficiency – Most new FOREX traders don’t take the time to learn what drives currency rates (primarily fundamentals).
    2) Overtrading - Trading often with tight stops and tiny profit targets will only make the broker rich. The desire to “just” make a few […]

    [Tutorial] How to install MT4 Custom Indicators

    Saturday, August 25th, 2007

    Step By Step
    1) Download the MQ4 file into your C:\Program Files\MetaTrader 4\experts\indicators folder
    2) Close your MetaTrader application (assuming it’s currently open … Ignore this if the application hasn’t been launched)
    3) Launch your MetaTrader application
    4) On the left hand side, look for the “Navigator” window
    5) Under the “Common” tab, look into the “Custom Indicators” directory
    6) Locate […]

    List of keyboard shortcuts for Metatrader Platform

    Wednesday, August 22nd, 2007

    Hot keys (accelerating keys) are keys and their combinations that allow to execute various commands fast and without using of menus or toolbars.
    ï — chart scrolling to the left;
    ð — chart scrolling to the right;
    ñ — fast chart scrolling to the left or, if the scale is defined, chart scrolling up;
    ò — fast chart scrolling […]

    How to Profit Trading Forex

    Saturday, August 18th, 2007

    Basic yet important things every trader should know.
    If you hear from anyone that making money in Forex is easy, do not believe it. It is a myth. The truth is – being profitable in Forex requires a lot of work, dedication, practice, more than a good discipline, sharp knowledge of money management and understanding […]