1 Post No. Here are the reasons card players make such great Forex traders.

1. They are Patient

They wait for the right hand and only play when the odds are in their favour. Contrast this with the bulk of Forex traders who are always in the market or trying losing strategies like scalping. In Forex Trading you don’t get rewarded for trading often, you get rewarded for being right.

2. The Ability to Fold

A fabulous card player will pass hands by when the betting odds are non in his favour and he is also happy to fold when in a hand, if he doesn’t think he will win. He keeps his losses tight and he doesn’t mind dealing them, as he knows his time will follow.

Most Forex traders on the opposite hand simply can’t do this and run losses or get disappointed, as their emotions get involved.

3. Courage at the right Time

The fabulous card player knows when a great hand comes up, he needs to maximize his potential and will milk as much money from it as he can. They are prepared to bet huge amounts and hold on with discipline and win.

Contrast this with the average Forex trader who banks his profit early or bets 2% and thinks he is going to make a lot of money. In Forex trading, you need to hold and profit from long term trends and have enough riding on them to make a great profit.

4. discipline discipline discipline!

You have heard about how serious it is in Forex Trading and it is to take loss after loss as the market hurts your ego and makes you look stupid is hard. Most traders cant do - Professional card players know it’s the key to success and are mentally prepared to do this and know they will hit a home run.

Keep it Simple.

Forex trading is simple and always has been and the huge difference between winners and losers is the correct to keep losses small and bet big amounts when the time is right.

That’s why card players often become multimillionaire traders - there not interested in ego, being clever or Complex - but being able to make money and that’s why this group enjoy Forex trading success.

2 Post No. Forex Trading- Who Wants to be a Millionaire?

Forex Trading- Who Wants to be a millionaire?

We all want to make money from trading, and we all want to make millions from the stock market of the forex market. However it is a well know fact that over 90% of traders will in fact go broke and not become successful. So if we are to look at who does become successful there is a group of people that tend to become more successful than others.

There is a group of individuals who tend to make the better traders and their non mathematicians or College educated, they have a skill that anyone can actually learn and their very successful. The group of individuals I am referring to are…

Professional card players who are great at Blackjack and poker and the exact same skills you need in these games are the ones you need in Forex before we explain why lets dispel one of the greatest myths about Forex Trading:

One reason for this is if you watch all great card players, they will all have one common trait, which is patience. They also realize that they cannot win every hand, and as traders we cannot win every trade. If we understand this we are increasing our chances of success as a trader.

We also must realize there is more trading days to come, as there is more cards to be dealt. So if we miss a trade, don’t trade for trades sake.

Forex Trading is Complicated

To enjoy Forex trading achiever does not take you have a college education or have a complex Forex trading strategy or knowledge of maths and the reason is simple - Forex trading is simple and if you get a system to Complicated it will break in the ever changing brutal world of Forex Trading. Also as humans we like to complicate things and we believe that if they are complicated, then we are smarter therefore it makes us feel better. Quiet often though simple things will make us a lot of money. This can be also looked at with trading strategies, keep them simple.

Mathematics doesn’t aid, because markets don’t move to certainties, you are only trading with odds and probabilities and that’s why card players are so great at Forex trading

3 Post No. Financial Markets

Here is a quick little update on my FOREX results after a full business week, although the market is opened 24/7. If you don’t know what I am doing, then quickly check out, Diving into Forex. I somehow managed to make $15,189.00. The print screen of my report shows all the transactions I have done (Click here if you need a larger image).

Some people have asked me; what change determines the gain? Well, just like a change in stock price times the number of shares determines the gain/loss in the stock market, with Forex the changes in value of currency times the volume of currency that I have deteremines the the gain/loss in Forex.

For example we can take the first transaction listed on my report, EUR/USD. A change between currency is called “pip” and depending on what trading platform you use, the further decimal places they can go. On the report is seems like my platform goes 5 decimal points. So now we take the difference between what was bought (1.42020) and what was sold (1.42915), and then multiply that by the volume (100k). This gives us our gain/loss.

4 Post No. Forex Trader

What's Next for the Forex Trader?

Increased financial market indecision makes it difficult to predict what may happen next, and sharp gains in volatility expectations reflect that uncertainty. After falling sharply through the past week of trade, implied volatilities on EURUSD 1-week forex options have once again jumped through recent developments—surging to all-time highs.

5 Post No. money markets

Clear money market difficulties have led theUS Federal Reserve to increase liquidity provided to open markets, extending up to a staggering $225 billion in 84-day credit to ease end-of-quarter funding constraints. Such actions reflects the Fed’s belief that money market conditions continue strained despite its great efforts to relieve them, and it seems that central bankers are almost willing to take matters into their own hands if the US Treasury’s bailout does not come to fruition.

Despite the Fed’s efforts, money markets have since deteriorated and it is difficult to predict whether we can expect buy/sell rollover interest rate payments on forex positions to improve in the week ahead. As long as major financial institutions remain unwilling to lend to each other, forex market conditions may make for expensive rollover interest rate payments through even the most liquid of forex pairs.

Such financial market stress has likewise translated into elevated transaction costs in the EUR/USD currency pair itself. The difference between Bid/Ask rates in the Euro/US Dollar pair has actually worsened through overnight trading. EUR/USD spreads remain below the extremely adverse levels seen following the Lehman Brothers bankruptcy filing, but it nonetheless remains clear that markets are far from normal. The chart below shows Bid/Ask spreads available in FXCM retail trading accounts through 2008. Since FXCM uses prices provided directly by the world’s major institutions’ currency dealing desks, this represents accurate picture of spreads available in interbank markets. FXCM markups are accounted for in the below spreads.

6 Post No.

According to London Interbank Offered Rates, financial institutions are currently charging an average of 6.875 percent for overnight loans on the interbank markets—the worst levels in at least seven years. The net result is that borrowing costs in US dollars are actually above their European counterparts, and interbank traders are actually charging rollover spreads on EURUSD-long positions.

7 Post No. Stock Markets Recover, but Money Markets Remain Stressed on Failed Bailout, Euro Falls

Equity markets got off to a strong start to start the day’s trade, with the US Dow Jones Industrials Average up over 200 points soon after the New York Stock Exchange open. Yet it remains clear that markets remain stressed as of late, with the US House of Representatives rejection of the Treasury bailout bill forcing deterioration in global credit markets. We see that overnight US dollar borrowing rates climbed to their highest levels in over seven years—emphasizing banks’ unwillingness to lend to one another. Such developments likewise make it expensive for forex traders to sell US dollars, and forex rollover rates remain far from normal through the day’s trade.

8 Post No. Stock Markets Recover, but Money Markets Remain Stressed on Failed Bailout, Euro Falls

Equity markets got off to a strong start to start the day’s trade, with the US Dow Jones Industrials Average up over 200 points soon after the New York Stock Exchange open. Yet it remains clear that markets remain stressed as of late, with the US House of Representatives rejection of the Treasury bailout bill forcing deterioration in global credit markets. We see that overnight US dollar borrowing rates climbed to their highest levels in over seven years—emphasizing banks’ unwillingness to lend to one another. Such developments likewise make it expensive for forex traders to sell US dollars, and forex rollover rates remain far from normal through the day’s trade.

9 Post No. Tradesight Messenger 2.0…

This is something that is a long time coming. It takes a lot of money and programming effort to do something like this. We’re about to launch an all-new website, and the Messenger is part of that launch. In fact, I wanted it done first.

I’m going to walk you through how to use this new Messenger, what is improved in it, and talk about some of its “special features.” I have to say that I personally think that it is pretty darn cool.

The biggest complaint that customers have about Messenger 1.0 is that they have to have a web browser open to view the full message. This is no longer the case. Everything can be viewed quickly (much faster) and easily in Messenger 2.0. This includes the reports themselves.

The biggest complaint on MY end about Messenger 1.0 is that anyone can log in with a username from multiple computers. In other words, you can share the Messenger with someone else with your username. This is no longer the case. The Messenger only works on one machine at once. If you log in at home and then go to work and log in, the home version stops getting new messages. It’s that simple.

The nice bonus about this new Messenger 2.0 is that it isn’t just about Tradesight calls based on your subscription, although that is what you are paying for. Instead, it also is about news. You’ll see what I mean.

So, I’m going to walk you through step by step how this Messenger works. The old Messenger 1.0 no longer works, so please follow these exact steps to get rid of it permanently.

1) Right-Click on the Tradesight Eyeball in the lower right corner of your screen (in the system tray). Hit Exit.

2) Start…Programs…Tradesight Messenger…Uninstall.

3) Reboot. The Messenger should not come up.

OK, so you install the Messenger from this link:

10 Post No. Tradesight Messenger 2.0…

This is something that is a long time coming. It takes a lot of money and programming effort to do something like this. We’re about to launch an all-new website, and the Messenger is part of that launch. In fact, I wanted it done first.

I’m going to walk you through how to use this new Messenger, what is improved in it, and talk about some of its “special features.” I have to say that I personally think that it is pretty darn cool.

The biggest complaint that customers have about Messenger 1.0 is that they have to have a web browser open to view the full message. This is no longer the case. Everything can be viewed quickly (much faster) and easily in Messenger 2.0. This includes the reports themselves.

The biggest complaint on MY end about Messenger 1.0 is that anyone can log in with a username from multiple computers. In other words, you can share the Messenger with someone else with your username. This is no longer the case. The Messenger only works on one machine at once. If you log in at home and then go to work and log in, the home version stops getting new messages. It’s that simple.

The nice bonus about this new Messenger 2.0 is that it isn’t just about Tradesight calls based on your subscription, although that is what you are paying for. Instead, it also is about news. You’ll see what I mean.

So, I’m going to walk you through step by step how this Messenger works. The old Messenger 1.0 no longer works, so please follow these exact steps to get rid of it permanently.

1) Right-Click on the Tradesight Eyeball in the lower right corner of your screen (in the system tray). Hit Exit.

2) Start…Programs…Tradesight Messenger…Uninstall.

3) Reboot. The Messenger should not come up.

OK, so you install the Messenger from this link:

Below, you'll find extensive information on leading forex online day trading system articles and products to help you on your way to success.

Fx Solutions To Launch The Final Forex Trading Championship
FX Solutions, a leader in retail Forex trading, announced the Final 5 EMAs Forex Trading System.','5emas Forex System - Forex Scalping, Day-trading And Short-term Trading System')" onmouseout="hideuarxtip()"> Forex Trading Championship featuring the opportunity for a single trader to compete and win up to USD $10,000. The championship will run from April 1 to April 30th with the prizes being awarded by May 15th. This is the first trading championship run by FX Solutions, with all awards are based on percentage equity increase over the contest period and anyone with a live account with a minimum of USD $250 in equity prior to the contest deadline is eligible to win."We are pleased to introduce the Final Forex Championship because it gives new traders the chance to experience the excitement of True','The Forex Trading Course: A Self-Study Guide To Becoming a Successful Currency Trader (Wiley Trading)')" onmouseout="hideuarxtip()"> Forex trading along with the opportunity to use their trading skills to win up to $10,000" said Sam Carnahan, Chief of Marketing at FX Solutions "all this, while continuing to offer incentives to our current customers with innovative and exciting promotions"

Below, you'll find extensive information on the leading forex online day trading system articles and products to help you on your way to success.

Fx Solutions To Launch The Final Forex Trading Championship
FX Solutions, a leader in retail Forex trading, announced the Final 5 EMAs Forex Trading System.','5emas Forex System - Forex Scalping, Day-trading And Short-term Trading System')" onmouseout="hideuarxtip()"> Forex Trading Championship featuring the opportunity for a single trader to compete and win up to USD $10,000. The championship will run from April 1 to April 30th with the prizes being awarded by May 15th. This is the first trading championship run by FX Solutions, with all awards are based on percentage equity increase over the contest period and anyone with a live account with a minimum of USD $250 in equity prior to the contest deadline is eligible to win."We are pleased to introduce the Final Forex Championship because it gives new traders the chance to experience the excitement of True','The Forex Trading Course: A Self-Study Guide To Becoming a Successful Currency Trader (Wiley Trading)')" onmouseout="hideuarxtip()"> Forex trading along with the opportunity to use their trading skills to win up to $10,000" said Sam Carnahan, Chief of Marketing at FX Solutions "all this, while continuing to offer incentives to our current customers with innovative and exciting promotions"