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简体中文 There are few important criteria that one has to adhere to make money in forex trading. Firstly, one has to be emotionless with money as the money as treating the money as in a demo account. How many of you can make money trading forex while practising with demo account? I guess almost 70% of [...]
Archive for the ‘Personal Finance’ Category
Money management insides
Money management deals with the question of how much risk a decision maker should take in situations where uncertainty is present. More precisely the percentage or the part of the decision maker’s wealth should be put into risk in order to maximize the decision maker’s utility function. Money management also evaluates the reward of a [...]
Six Steps to Financial Security
If you’re like most people, having enough money for a decent and secure life is one of your major concerns. Those on fixed incomes may be especially worried about creeping inflation, the rising costs of goods and services. The threat of unemployment or job loss (or business failure) also causes the jitters. Perhaps you’re a [...]
Tips in Choosing a Forex Broker
There are few important criteria you need to list out when you want to choose a forex broker. Which jurisdiction are you in? Is the forex broker regulated? Which platform are you familiar with? How much do you plan to invest? Forex Tax issue need to be considered? Is the broker an IB or a [...]
Tips in Choosing a Forex Broker
Tips in Choosing a Forex Broker There are few important criteria you need to list out when you want to choose a forex broker. Which jurisdiction are you in? Is the forex broker regulated? Which platform are you familiar with? How much do you plan to invest? Forex Tax issue need to be considered? Is [...]
Forex Technical Analysis
EUR/USD EUR/USD has stabilized between approximately 1.3600-1.3900 after the on-again/off-again Greek bailout drama looks to have finally come to a conclusion. Today, the Greek unity government will announce the new prime minister and cabinet, so there may be some final upside on short-term euphoria that a disorderly Greek default will be avoided. We think the [...]
Why Do Forex Traders Need Forex Brokers
Light years ago, in a galaxy far, far away…. financial institutions, banks and international monetary funds were the only participants in the trading of foreign exchange instruments. Thats a fancy way of saying forex! Forex brokers at the retail level did not exist because these institutions monopolized the foreign exchange due to their abilities to [...]
Choosing a Good Forex Broker
Forex broker is an intermediary between a trader and a currency market. Retail trading isn’t possible with Forex brokerage. Finding the right Forex broker among hundreds of the online firms isn’t an easy task. That’s why you need to inform yourself on the specific broker that you will want to work with and collect important [...]
American Clients are Moving Forex Account to Offshore Forex Brokers
The online forex trading industry is one of the most dynamic online industries. Most online forex traders are US citizens so the recent events regarding the top poker rooms active on US market also affected the forex market. The events on the Black Friday were totally unexpected and no one saw it coming. This unprecedented [...]
Stemming the Malaysian Exodus
Stemming the Malaysian Exodus Recently, YB Teresa Kok asked me “Why are Malaysians so keen to leave this country? Life overseas is not necessarily easier!” I agree that life overseas is not necessarily. In fact my cousins living in Hong Kong, Singapore and London tell me regularly that they miss the food and that things [...]
