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Welcome!
Written by Web Master   
Saturday, 12 June 2004

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."

ImageAre 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.

Last Updated ( Tuesday, 22 May 2007 )
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Why Trading?
Written by Administrator   
Friday, 25 August 2006
In the first place, why would you even think of getting into this business? Compared to other types of trading instruments, the forex market is unmatched in terms of profit potential, liquidity, and its round the clock environment.
Last Updated ( Tuesday, 05 September 2006 )
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How to survive?
Written by Administrator   
Friday, 25 August 2006
Majority of forex traders conduct deals frequently in the market since they believe that conducting trades in the market a lot will keep them on track to the big hit. Unfortunately, this is not the case. The big deals in the forex market usually happen just a few times every year. Thus, you should not trade too much to avoid unnecessary losses. You should be able to identify potentially big earning deals and focus on these ones.
Last Updated ( Thursday, 07 September 2006 )
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Newsflash

Most 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.

 

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