Technical Analysis in Forex Trading

Along with fundamental analysis, technical analysis is one of the two main methods of informing oneself and building a stronger position to profit from the Forex...

Trading from the news

Making trading decisions based on live news is a popular way of trading. It is also one of the most difficult trading methods. As a beginner trying to trade on live...

Disadvantages of Expert Advisors

Following on from my advantages of expert advisors post here are the disadvantages of trying use expert advisors for automated forex trading. Curve fitting Because...

Practice and Improve CFD Trading With a Demo Account

Before you start risking your money with a live CFD trading account you will probably want to try some demo accounts from different brokers. Practice accounts will...

How Does Forex Compounding Work?

Many people see forex as a way of getting rich fast. One of the ways they hope to get rich fast is by compounding their winnings. This means they will place a trade,...

Advantages of using Forex Expert Advisors

For most people trading forex  involves watching charts, indicators, and the news. They then have to work out in their head whether it is a good time to buy or...

Can trading Forex make me rich?

Many people are attracted to the idea of trading forex (or other financial instruments such as CFDs, shares, or spread betting) because they think it is an easy...

How to use Stop Losses

Every forex trader likes to think he is able to think swiftly on his feet and respond to any which way the market turns. However the truth is that when caught with...

Book Review: The Naked Trader by Robbie Burns

Although this book was written many years ago, it was still a very interesting reading, so here is my book review. The Author is focused more on short-term trading...

Five tips for winning at Forex trading

I will share with you here, my five rules that I always follow when I trade Forex. I’ll starting with the one that I consider it to be the most important. 1....

Always have a stop, and ideally a limit

When trading financial derivatives such as forex, CFDs should you always use a stop? Short answer: Yes! Long answer: Yes you should always have a stop in place –...

Live vs Demo trading account

If you are new to trading then you may be wondering whether to start with a live trading account or a demo (practice) trading account. A live trading account is...

Trader, investor, gambler – which one are you?

If you have any sort of involvement in shares, commodities, currency, or derivatives of these, then you will probably fit into one or more of the ‘investor’,...

How to avoid getting screwed by your CFD / Forex trading broker

If you read trading forums such as trade2win and babybips then every so often you’ll come across someone who is asking for advice as it appears that they have...

Four common trading mistakes to avoid

I’m Thomas, the founder of the Ongoing Profits website. I first opened a CFD trading account about three months ago. In that time, I’ve already made...