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The 80 – 20 rule was not devised for Forex trading - however if you apply it in your trading, you’ll instantly increase your profit potential. The rule is simple to understand and apply - and all Forex traders should use it.

So, what is the 80 – 20 rule, and why is it so powerful in terms of making Forex profits?

The Logic of the 80 – 20 Rule

In the nineteenth century, Vilfredo Pareto, an Italian philosopher, observed that a small section of the population held most of the money and power. He postulated that in most countries, 80% of the money and power was controlled by around 20% of the people. Therefore, 20% of the participants accounted for 80% of the results. Read the rest of this entry »

You might not know that you can actually make a lot of money doing forex trading. Forex trading combines margin leverage and a low minimum investment amount; this can be ideal for small investors.

However, in spite of its immense potential for profit, most forex traders lose their money within a year.

The reasons for this, I have found, can be summarized thusly:

1. Investors have unrealistic expectations.

Too many beginning investors read about how easy it is to make money doing forex trading, so that they can easily jump in and lose everything before they realize what has happened.

In fact, forex trading is not a way to get rich quick. You can indeed get rich, but you need to work hard and do a lot of research to be successful. Even then, every trade will not be profitable. Even experienced traders lose on some trades. What’s most important is that you know when to cut your losses and get out of something where you’re losing money, while you focus on what’s making you a profit. Read the rest of this entry »

There are many forex trading courses and educational material that a person can find online. However how does someone go about finding the best Forex trading education information? Certainly there are huge amounts of information that will educate you about Forex trading, but not all of it will help you to achieve your goals of making a profit rather than losing.

Below are some guidelines which should help you to find the best forex trading education course

Point 1 - Avoid Day Trading Systems

Many people when starting out in Forex trading will be enticed into thinking that the best way of making money is through day trading. Certainly if you were to ask a person who is selling a Forex trading course for details relating to their real time track record with regard to profits relating to day trading they will not be able to provide one to you.

So if you are looking to produce an income from your trading then do not waste your time on day trading.

Point 2 - Real Time Profit Records Read the rest of this entry »

In this series of articles I am going to share my 25 years of experience with you – I am not an article writer I am a trader, so my views are based upon experience, not just talk. Forex trading success is not easy, but it’s not hard either, it simply requires application in the right areas to succeed.

Let’s get started and look at what you need to do to become a successful forex trader.

If you want to do it you need to do it on your own and not trust the gurus and mentors who tell you they can give you success – the only person who can do that is you. Read the rest of this entry »

Trading the forex may sound scary but it doesn’t need to be. Trading currencies can be extremely lucrative if done correctly.

What is the key to success with the Forex?

Find a system that has proven to be successful and stick with it.

Here is the system that we use:

Always enter your primary trades on Wednesday. Wednesdays pay triple the amount of interest than any other day of the week. As long as you get in before 5pm est on Wednesday they will pay you the interest for Monday, Tuesday and Wednesday - how sweet is that!

When is the most active time to trade?

The really active trading begins at 10 am because the US and London markets are open.

How can you minimize your risk and increase profits? Read the rest of this entry »

When considering investing for the first time, you may have run into several different types of ways of gaining profits, each with their own advantages and disadvantages. While Forex may be the lesser known type of investing, it is seemingly the one with the most advantages.

The Forex does not actually have a physical address. Instead, the Forex market is a network of central banks and investors all over the world that handles currency.

Traditional trading markets around the world follow what you would call typical bankers hours. Trading only happens during the day, and very rarely on the weekend. This makes trading in traditional markets a pretty easy process, as long as you are not a night owl. Read the rest of this entry »