Menu Content/Inhalt
Home arrow News arrow Latest arrow Trader?s Folly
Trader?s Folly PDF Print E-mail
Written by Administrator   
Monday, 12 April 2004

ImageMost of the time, traders lose money because of the mistakes that they incur due to the following reasons: a tendency to avoid risks, undercapitalization, too little discipline and patience, impossible expectations, and very little understanding of the dynamics of forex trading.

Last Updated ( Saturday, 26 August 2006 )
 
< Prev

Newsflash

Warren Buffett (the world’s second richiest man, Berkshire Hathaway Inc. chairman) said on CNBC televesion "Over time unless we have a major change in trade policies, I don’t see how the dollar avoids going down… I don’t have any idea whether it will be this month or this year or next year, but we are force-feeding dollars on to the rest on to the rest of the world at the rate of close to a couple [1.8] billion dollars a day, and that’s going to weigh on the dollar."

Are you thinking about launching a career in forex trading? Forex trading is serious business that can you very well off or bankrupt. Deciding to delve into this kind of business means that you are prepared to risk something in exchange for quite a bit of earnings. Thus, it is crucial that you know what factors separate the winners from the bigger chunk of losers in the trading game.