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Topic: Here are two main advices, for forex traders< Next Oldest | Next Newest >
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Posted on: Feb. 18 2007,21:12   Ignore posts   QUOTE

Here are two main tips for Forex brokers and traders how to avoid typical pitfalls and start making more money (if you of course need any advices):
1. Trade pairs, not currencies - Like any relationship, you have to know both sides. Success or failure in  forex trading depends upon being right about both currencies and how they impact one another, not just one.
2. Knowledge is Power - When starting out trading forex online, it is essential that you understand the basics of this market if you want to make the most of your investments.


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