Risk in life comes in many forms. You wouldn’t be sitting here trying to learn how to trade if you didn’t understand the basics of what that means. Of course in trading, we are exposed to various forms of the word in our day to day actions. But today, I...
A few weeks ago Omar Eltoukhy showed you this excellent, reliable & best of all, low cost visual trading console & trade manager for metatrader 4. The trade manager is awesome. You can preset stops, move stops to entry, take off profit in stages, add to...
Do You Think at Winning Forex Is a Magic Trick? You Shouldn’t……… Before we go any further, make sure the kids aren’t reading this because I may have to resort to killing Santa Claus before the article is over if it comes to that 🙂 ! Now...
Now let’s talk about a major aspect of trade management that needs discussing:  Whether to scale or not. What the Heck is “Scaling”? Scaling in essence means breaking up your order into separate pieces or “trades” within the dynamic of the entire move you are trading....
Hi, our forex robot test pilot and expert Omar Eltoukhy has been trading and using forex robots (sometimes know as forex expert advisers or ea’s) for many years. He has tested and binned over a 100 forex robots in that time and there are very few that pass his...
Our algorithmic trading & ea specialist Omar Eltoukhy has posted his mini review of a very interesting piece of software whose verified accounts suggest that it made 202% account growth last year with less than 7% drawdown. If its true then these are truly...
Happy New year to everyone. Here is a copy of the analysis I provided to members of my forex mentor program in the members area on the 29th December 2013. Already the Cad has shot off a few 100 pips in the direction I was expecting woohoo! 🙂  unfortunately it missed...
Here are some words of wisdom from a long term member of my forex mentor program, Stephen Cole. Steve has been trading for over 5 years now. He is from a tech background and has tested loads of different programs and strategies, his conclusion: I thought I’d venture a...
Competing in the congested Forex market – like competing in any sphere of life – is a discipline. It is a discipline that requires not just a knowledge and appreciation of what you are doing, but an innate psychological mastery; an ability to conquer fear,...
This is a post from ex hedge fund trader & senior analyst Fotis Papatheofanous, originally posted in the members area of our www.forexmentorpro.com membership site: Hello my friends! You must have heard it all over the news, the last couple of days, that the FED...
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Risk Disclosure Statement: Trading currencies on margin involves a high level of risk which may not be suitable for all investors. Leverage can work against you just as easily as it can work for you. Before deciding to trade currencies you should carefully consider your trading and financial objectives, level of experience, and appetite for risk. The possibility exists that you could sustain a loss of some, or possibly all of your trading capital. Therefore, you should not fund a trading account with money that you cannot afford to lose. It is recommended that you seek advice from an accredited financial advisor if you have any doubts as to whether currency trading is right for you. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. Any losses incurred by traders unsuccessful in applying these ideas or methods are the sole responsibility of the trader and not ForexTrainingAcademy.com and its principals, contractors and assigns will be held safe from prosecution in any form.Ok
