It all depends on your strategy and psychological preferences. Some traders are interested in detailed analysis, so they choose mid-term or swing trading. At the same time, some of the traders could operate in rapidly changing market conditions, so ...

Position duration?

You are absolutely right! The first goal to any trader is to become consistently profitable. It doesn`t matter how much the trader earned to day, the more important is to be able to generate profits in the long-term perspective. Only after achiveing ...

What is money management? Is it martingale?

For sure, the trading in general is based on the effect of market inefficiency. It works best when the fundamental situation has changed substancially, the price just start to move. Such conditions create opportunity for the retail trader being able ...

Why 95% Of All Traders Fail

It is important to understand the difference between betting and gambling. In case we are placing bets on the probability of any outcome, we are betting. At the same time, if we are doing so without an appropriate analysis, we are gambling. We can ...

Are We All Gambling?

You can try Investing or SeekingAlpha, they are free. Briefing Invesor is also interesting, but it requires subscription and will cost you money.

Website for daily fundamental outlook

The regulators are going to impose additional restriction. Both FCA and ESMA, the most important youropean regulators will take special measures to protect retail clients and reduce their risks. So, Forex could face difficult times within EU. At the ...

Is Forex Trading A Scam?

One question regarding definitions: once I saw the definition of swing trading as technical-based overnight trades inside the consolidation. Is it right we can use "swing trade" to name any trade help more than 1 day? For example, if I trade on ...

Swing Traders Welcome

To my mind, "old" books, written by market professionals (or, it will be better to say "market veterans") are better, than new ones, created by Forex "gurus" or brokers` employees working for salary. Those books express the whole experience of ...

How good/reliable are Forex eBooks?

One interesting idea, shared by professional traders, is to set goals and measure results not in profit, but in progress. This mean that you are going not to earn specified sum of money, but to get necessary skills and habits. Even if your recent ...

The 5 Steps to becoming a trader

As it was mentioned before, the best way is to use both ways of analysis. Fundamental analysis is extremely important for swing and mid-term trading, while technical analysis is necessary for intraday trades. For example, you can look for ideas ...

technical analysis -or- fundamental analysis