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"FX-Fusion Trading"-The best way to trade.
Welcome to FOREX NEWS and VIEWS
Our aim is to provide information and knowledge that will help you to trade successfully in the Forex markets. Trading currencies can be an exciting and rewarding endeavor. At ForexNewsandViews we believe there is a good opportunity to make profits by trading the Forex markets. We want you to succeed, so we will post information and news that can help you along the way.
Important Characteristics of a Successful Trader
Submitted by fxnv on Sat, 05/09/2009 - 01:40.First of all the reality is that not everyone who takes up trading will become a star. That is true in golf or snow skiing or any other sport too. It is also true that while one can learn to trade by following the rules that may lead to success, bad habits die hard. Changing one's existing mindset to that of a mindset required to be a successful trader requires more than a paradigm shift. It requires a complete reorientation of one's habits. Habit formation is the process of making a response automatic or instinctive. There is a difference between reacting and responding.
Are you afraid to trade?
Submitted by fxnv on Thu, 03/19/2009 - 02:48.What is the opposite of Fear? The conventional wisdom on Wall Street and in trading circles says that the opposite of fear is greed. These are supposed to be the two dynamics of trading. The markets, say the pundits, is an oscillation between fear on the one hand and greed on the other.
Another Student Finds Success
Submitted by fxnv on Thu, 03/19/2009 - 02:37.First a big thank you for my valuable induction into the world of forex. I have been making profitable trades for more than 2 weeks now and am confident of ongoing success. This is in no small part due to the education you have provided.
10 Outrageous Claims for 2009 - Courtesy Saxo Bank
Submitted by fxnv on Sat, 12/20/2008 - 02:46.These claims are presented by the research team at Saxo Bank. I submit them for your reading pleasure. At least they will make you think.
Iranian Revolution
A happy student says "thank you!"
Submitted by fxnv on Thu, 07/17/2008 - 14:21. "Selwyn,
Please accept my sincere thanks for your course on Forex trading. I've taken quite a few classes on trading and have found that they don't all deliver what they promise. But your course does; it delivers "the goods". In fact, I learned more from you
Do you commit to your trade when it sets up?
Submitted by fxnv on Tue, 06/03/2008 - 19:37.Many traders have good methodologies for determining an appropriate time to take a trade. Their system actually signals when to get into or out of the trade. Then, they second guess the system and don't do it. This is a lack of commitment. And it stems from a lack of confidence.
Commitment means going for it, even if there is a chance of losing money.
Do you remember the story of the Chicken and the Pig.
Good trading depends on good habits
Submitted by fxnv on Sat, 05/31/2008 - 12:27.Most traders experience similar emotions. Exhilaration when a trade goes your way, disappointment or stress when it goes wrong. No matter how many times you trade, these emotions are hard wired into your psyche. Whenever a negative emotion is experienced your confidence takes a hit. When trades go your way the natural reaction is to want to trade more often. Both these experiences can induce wrong trading habits.
CitiFXPro
Citibank is now offering online trading opportunities. Their product is called CitiFXPro. Their online trading platform is powered by SaxoBank's technology, which is easy and comprehensive to use.
They offer fixed pip spreads and 50:1 leverage. Minimum account size is $10,000. The Citibank brand almost assures one of good liquidity on most traded currencies and ethical market making practices.
The trading facility is currently only available in the USA but according to a Citi spokesperson, it will be rolled out to Asia and Europe within the next year.
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