Tips on Using the Scratch Trade

Wednesday, July 21st, 2010

The scratch trade is probably the single most important key to success in short term scalping of the UK horseracing markets on Betfair. Being able to Lay and Back at the same price without loss, and without even having to pay commission on the round-turn, is such a benefit that it has to be used […]

Understanding Currency, Both As A Trader And Investor

Tuesday, July 20th, 2010

It wasn?t until I started trading currency full time that I fully appreciated just how much movements in these markets can impact on our everyday lives. The most obvious is, of course, whenever we travel abroad and have to buy foreign currency. Regular travellers will probably be more aware of the fluctuations in […]

10 Common Mistakes Made by New Traders

Sunday, July 11th, 2010

1. Predicting and trading in different timescalesYou must make sure that you match the timescale of your prediction of the price?s direction with the amount of time that you hold your position. For instance, a classic mistake would be if you are trading the favourite?s price 3 minutes before the race is due to start […]

What E-Currency Program Is Right For You?

Friday, July 9th, 2010

There are a number of different e-currency programs that can be found online to help you gain the necessary knowledge. It is vital that you know as much about e-currency trading as possible if you want to have success. Obviously you are not going to become an expert right away, but the harder […]

Money Management, Part 2

Wednesday, July 7th, 2010

FEARING LOSSES

There is a huge difference between being risk averse and fearing losses. You must hate to lose. In fact, you can program your brain to find ways to not lose. But not losing is a logical thought-out process, rather than an emotion-based reaction.

Two human-based tendencies come into play. The first […]

Market Liquidity - Foreign Exchange vs The Stock Market

Monday, July 5th, 2010

Is Slippage a Problem?Let?s face it, every trader on the Planet has wished at some point during their career that slippage did not exist. I for one have cursed at the top of my voice, let alone under my breath, at slippage on an entry or exit. However, every successful trader on the Planet has […]

Betfair Trading: Turn Insider Betting To Your Advantage

Wednesday, June 30th, 2010

Let?s face it, racing isn?t exactly whiter than white. There has always been an accepted culture of insider betting by trainers, jockeys, owners and people in the know on UK horseracing.

It?s inevitable, and horseracing provides a lot of opportunities for someone in the know to profit from, for instance, a horse not running quite as […]

Foreign Currency Trading

Sunday, June 27th, 2010

Foreign Currency Trading, or FX trading, is the art of buying and selling foreign currencies in order to make money when the exchange rate fluctuates. Nearly two trillion US dollars are traded on the Forex market every day. FX trading can be an exciting way to turn a small investment into a big reward. […]

How to Achieve Currency Trading Success: Part 1

Thursday, June 17th, 2010

Currency trading success can be achieved by anyone, as everything about trading currencies can be specifically learned, by any trader wishing to put it in the time and effort to do so.

Trading currencies successfully is a combination of two factors:

Firstly, you need a successful trading method for long term currency trading success to predict market […]

Forex Brokers - What You Want From Them and What You Don't

Tuesday, June 15th, 2010

Choosing a forex broker is simple and there are services that you want and don?t want so let?s look at how to choose a forex broker that can increase your chances of forex trading success.

Your broker?s role

Your forex broker?s role is simply to transact your forex trading signals in the market smoothly and efficiently. Many […]