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Foreign exchange market

Forex: Why do some traders win while others lose? Where to start training for free?

Forex: Why do some traders win while others lose? Where to start training for free?

 

These days you can see tons of catchy ads inviting you to become a Forex trader. They promise you financial independence. But in reality, very few people eventually reach the “Financial Olympus” (Bill Williams, Larry Williams, Alexander Elder etc.) Others go broke and leave Forex forever.
 

 

Why do some traders succeed while others fail?
 
According to Masterforex-V Academy experts (The secrets of trading art from a professional trader (or what Bill Williams, E. Naiman and others did not tell traders about Forex), Forex trading is one of the few ways to reach the financial independence these days. However, it is not as easy as various ads tell you. 
 
According to Forbes, the world’s richest people are:
·         The owners of corporations ( crude oil, brilliants, gold, hi-tech and innovation, internet, fixed property, automobiles)
·         Successful traders and investors: Soros, Buffet, Cohen etc.
 
How to become a rich, successful person? According to Eugene Olkhovsky, Masterforex-V Academy’s leading expert from Canada, you can become either a tycoon or a successful trader/investor.
 
Is it really possible to become a successful Forex/stock/commodity trader or investor? Warren Buffet made his first investment at the age of eleven. George Soros become a trader when he was 20. Ingeborga Moots, an 83-year-old retired woman from Germany, managed to earn 600K euro (almost a million dollars) trading Forex.
 
The bottom line: anyone can become a successful trader/investor. However, the sooner you start learning, the better.
 
Is it possible to learn the ABC of Forex/stock trading for free?
 
In order to help those people who want to learn the ABC of trading, Masterforex-V Academy started a free online school for beginners.
 
The students will learn:
·         What is Forex and how do millions of people earn trading it?
·         Fundamental analysis: What fundamental data form Forex trends?
·         Technical analysis: How to use technical analysis tools to earn stable profits trading Forex?
·         Trading volume
·         PAMM accounts for investors: How to invest in successful Forex traders?
·         Stock trading
·         Choosing a reliable broker basing on your trading approach
 
This is not the full list of those aspects that Masterforex-V Academy’s students are able to learn and master.
Over the last few years, Masterforex-V Academy has been recognized Europe’s best Forex training project. Its trainers and students have made over 100 discoveries in Forex and stock trading.
 
Making First Steps
Masterforex-V Academy’s training approach is fairly simple and effective. Thousands of students have grown into professional traders over the last 7 years. These are the first steps beginners need to take:
·         Visit Masterforex-V Academy’s forum for traders and investors, REGISTER and learn the ABC of trading FOR FREE at School for Beginning Traders. Ask questions and you’ll get answers from professional traders.
·         Sign up for Masterforex-V Academy’s online webinars to find the secrets of profitable trading.
 
What are the major benefits of Masterforex-V Academy’s school for beginners?
 
According to the instructors of Masterforex-V Academy’s school, unfortunately, most students think theory is enough to trade Forex successfully and neglect the importance of practice.
 
Nobody can become a professional without practicing and continuously mastering his/her skills. Moreover, only continuous daily practice with like-minded people and hard work under the guidance of skilled instructors can help you to become a professional within a relatively short period of time.
 
Masterforex-V Academy can help you with that… Mr. Lanbert once said: “The more I train, the luckier I become…”
 
 
Expert tips: How to become a successful trader?
 
According to Pavel Svantsev, a professional trader who manages ForexTrend’s biggest PAMM account, if you want to be a successful trader, first of all, you should treat trading as a real full-time job. Trading requires discipline. Moreover, beginners need professional help (Masterforex-V Academy can help you with that).
 
According to Maxim Gunn, Chief of the Market Volume Analysis Department of Masterforex-V Academy, these days most beginning traders want instant results. However, trading is not an easy job. There are no get-rich-quick schemes here. Such illusions are dangerous as they may lead to big losses. Trading, as any other profession, needs time, effort, skill and discipline. Yes, you can earn big money trading Forex or any other financial market as long as you are a real, skilled professional. Knowledge and experience are keys to becoming a successful trader.
 
Market Leader and Masterforex-V Academy would appreciate if you could participate in a survey. Please, visit the Academy’s forum for traders and investors and answer the following question:
 
In your opinion, why do some people succeed in trading while others go broke?
 

 

You are free to discuss this article here:   forum for traders and investors

 

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USDJPY Outlook

 

 

Stimulating the Japanese economy seems to be finally paying off. The real GDP in Japan grew by 3,5% in Q1 2013, which is the best performance seen over the last 12 months.
 
Publication date: 20 May 05:32 PM

EURUSD: Intraday Outlook

 

 

Today, on May 20th, Forex started a new trading week. There have been no radical changes in the market of EURUSD so far. The previous bearish move was elongated by some 200 points. The price keeps developing the ABC pattern of wave level Daily. The move hasn’t reached any of the given targets so far.
Publication date: 20 May 06:15 AM

Experts: EURUSD Will Drop Down To 1,15

 

 

It seems like more and more experts feel bearish on the near-term prospects of the common European currency. Some of them say that EURUSD may even drop down to 1,15 in late 2013. If this is the case, this will be the lowest level in 10 years.
 
Publication date: 17 May 10:35 AM

Japanese Yen: Market Outlook

 

 

The current weakening of the Japanese Yen was fairly predictable for investors. However, after USDJPY exceeded the 100 limit, experts got divided over the prospects of the currency pair.
 
Publication date: 17 May 06:27 AM

Trichet: Situation In Eurozone Gets Worse

 

 

Yesterday, on May 15th 2013, Eurostat published a eurozone GDP report, which reflects the economic dynamics in al the 17 countries. The figures turned out to be much worse than expected. In Q1 2013, the aggregate GDP dropped by 0,2% as compared to the previous quarter. At the same time, tere was a 1% decline year-over-year.
Publication date: 16 May 05:06 AM

Larson and Holtz: How to Trade with Zero Spreads?

 

Stability is a cornerstone of success. While standards can change, such things as quality, reliability and safety will always be of great value.  
 
There are hundreds of broking companies. However, few of them can actually boast premium-quality services and competitive trading conditions. Larson&Holz is one of such broking companies.
 
The company keeps evolving and improving the existing products and services while staying client-oriented and focused on innovation.
 
Not so long, the broking company offered even better trading conditions on NDD-based trading accounts. Let’s have closer look at the offer.
 
Publication date: 15 May 08:51 AM

Masterforex-V: Documentary on Forex – What Don’t We Know?

 

These days, few people do not know about Forex. Most people know that this is a currency market that gives everyone an opportunity to make money by trading currency pairs. Unfortunately, there are many people that treat Forex as some kind of a scam or bingo play… or they are sure that it is impossible to trade Forex profitably. Indeed, most traders do lose in the long run, but this is how it works. This holds true for any market.
 
This is a rather controversial issue that needs comprehensive analysis.
 
Publication date: 14 May 12:08 PM

FIBO Group: High Leverage – Good or Evil?



What is the key factor of successful trading? There is no universal answer to this question. Everyone can give his own reasoning. However, the most typical answers include:

Publication date: 14 May 09:49 AM

British Pound Keeps Weakening Without New Easing Steps

 

 

The Bank of England has left its policies unchanged. The MPC is probably not going to make any major changes until the new BOE Governor takes office.
 
Publication date: 13 May 07:11 PM

External Account Surplus Reverses USDJPY

 

 

Japan’s external account showed bigger surplus in March. The actual figures reached ¥1251bn. This was a major increase against ¥637bn in February.
Publication date: 13 May 06:57 PM