Forex Singapore Blog

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How I Lost USD1,000 In One Day

I am a walking, living, advertisement for what not to do when you trade Forex. I want to share today about how I lost $1000 in one day trading Forex. Before this big one day loss, I was trading fairly small and mostly breaking even. I thought that I could swing...

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Forex Scalping For Beginners

Forex Scalping, at least in trading, is a term used to denote the “skimming” of small profits on a regular basis, by going in and out of positions several times per day. Scalping is not unlike day trading in which a trader will open a position and then close it...

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All About Guerrilla Trading

The world of Forex is a fast-paced market based on trends, trading and skill. While there are all kinds of strategies for Forex traders of all skill levels, there are some that are reserved for the more experienced. These types of trading involve an advanced knowledge of the ins and...

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I’m Learning Forex Trading

I’ve always wanted to learn how to day trade but I never had enough money to afford the high deposit amount that the SEC requires to fund a day trading account. I was lucky to find Forex where brokers allow anyone to open a demo account where they can trade...

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Is Forex For You?

Where to learn Forex trading is a question that many investors would like to know. Learning to trade in a registered forex account may seem a bit daunting; however it is not as bad as one might think. Lets first take a look at some of the various ways that...

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Why Forex Is The Best Market For New Traders

It is my belief that Forex is hands down the best market for new traders. When everyone thinks about trading, they automatically think about the Stock exchange. What they don’t understand is that it cost a lot of money to actively day trade the stock market. By law, the SEC,...

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A Managed Forex Account

These are forex accounts that are not traded by you, but by a money manager on your behalf. This is a similar situation to employing an investment advisor to trade equities and bonds on your behalf. It is suitable for use if you do not have sufficient knowledge or time...

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How To Be A Successful Forex Trader

Many have tried, many have failed. Forex is the Floyd “Money” Mayweather of financial trading. It suckers in neophyte traders with promises of riches and then quickly gives them a beating. Although, the biggest competitors in Forex are the major banks, it is ourselves and our need for instant gratification...

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Stop Loss / A Traders Best Friend

You see the picture above? That’s how YOU WILL look like if you don’t practice Stop Loss. Stop Loss – A Traders Best Friend A lot of traders do not believe in stop loss placement. Some believe in mental stop loss placement. Meaning that when they feel that a trade is...