Tips by John Gaines
When the market is on its way up, the market is on its way up. When the market is going down, the market is going down. That's it. There are many...
There are no real "bargains" in trading foreign exchange. Trade in the direction the price is going in and you're results will be almost guaranteed to...
When you make money on a well thought-out strategic trade, don't go and lose half of it the next time on a whim; stick to your strategy and invest...
Each currency pair is unique, and has a unique way of moving in the marketplace. The forces which cause the pair to move up and down are individual to...
Tags: currency pairs, crosses
Like any relationship, you have to know both sides. Success or failure in forex trading depends upon being right about both currencies and how they...
Tags: forex, trading pairs
The bottom line on your account balance doesn't tell the whole story. Consider individual trade details; analyze your losses and the telling losing...
One cross is all that counts - EURUSD seems to be trading higher, so you buy GBPUSD because it appears not to have moved yet. This is dangerous. Focus...
Tags: forex trading, crosses
The aim of making money is not a trading strategy. A strategy is your map for how you plan to make money. Your strategy details the approach you are...
If you are new to forex, you will either decide to trade your own money or to have a broker trade it for you. Your risk of losing increases...
Fantasizing about possible profits and then "spending" them before you have realized them is no good. Focus on your current position(s) and place...
