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DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR
Know Your Win Loss Ratios
Every business has its numbers, every business has its Income Statement. Remember the old formula Assets – Liabilities=Working Capital from accounting 101? Well trading is a business your assets are your trading Capital, and your liabilities are your off trades (losses). Your liabilities are also every thing you do to produce those losses. Yes you do produce those losses, so take responsibility for them, so you can choose to do better…Candlestick Charts – Best for Predicting Change of Momentum in Forex Trading
Candlestick Charts help you tell what’s most likely about to happen in the price movement of currencies. It doesn’t take a lot of technical analysis to understand them, and you rarely will go wrong too far by depending on them. Traders the world over depend on the patterns they’ve learned in the candlestick charts to know when to get in and out of trades. Why is this, and how does it work?How to Get the Best Currencies Trade Robot
There are a lot of currencies trade robots on the market today and you can use the best of them to trade effectively in the forex market without the experience as these programs handle every aspect of trading on your behalf. I’ve used dozens of these currencies trade robots over the years and the best of them all had these three things in common.What You Need To Know Before You Rush Out And Exchange Your Money
It is always a good idea to convert Euro money to American money before you travel, rather than purchasing traveler’s checks. Unlike traveler’s checks, cash is accepted by all businesses as long as it’s in the correct currency.Converting Your Money – Exchanging Your Euro Money For American Money
Before you travel between Europe and the United States, you’re going to need to convert your Euro money to American money. This will make purchasing everything you need much easier while you’re abroad, as opposed to traveler’s checks which are only accepted by a limited number of retailers.