Forex No Deposit Welcome Bonus

MASTER FOREX

No deposit bonus: Unprecedented grand promotion from MFX Broker. $100 bonus directly to your trading account!

Register in the personal cabinet of MFX Broker, submit request for the bonus from the personal cabinet and get $100 to a trading account as a starting bonus without any requirement regarding additional depositing!
No deposit bonus is brilliant opportunity to start Forex trading successfully. . $100 bonus will be given only to the first 1000 of new clients. Hurry up to enjoy unique conditions! Register in the personal cabinet of MFX Broker right now and become one of the lucky owners of no deposit bonus!

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PEPPERSTONE ( RECOMMEND BROKER)
Very Low Spread
Equip yourself with the Pepperstone Forex Trading advantage, featuring:

> Spreads from 0.1 pips
> Leverage to 400:1
> 7 Online Trading Platforms

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CORSA CAPITAL

Fixed Welcome Bonus from Corsa Capital
Dealing center Corsa Capital offers its customers a matchless opportunity to receive the Fixed Welcome Bonus on their trading account. Every client of Corsa Capital has the right to get the Fixed Welcome Bonus worth $100.

Taking advantage of the Fixed Welcome Bonus from Corsa Capital, everyone can start trading on the international Forex market with no need to invest his own funds.

In order to get the Fixed Welcome Bonus, you need to:

1. Open live trading account with Corsa Capital
2. Verify your account in the Client Cabinet. In order to complete the verification process, you need to upload a copy of your identity document in the relevant section of the Client Cabinet. The application will be considered within one day. Then you will receive an email on successful completion of your account verification.
3. When your account is verified, you will need to follow the link in the menu to activate your Fixed Welcome Bonus.
The Fixed Welcome Bonus cannot be withdrawn, but the whole profit withdrawal is allowed with no restrictions.
If you have any questions or problems related to the Fixed Welcome Bonus receipt, please contact support@corsaforex.com.

FOREX METAL
Free $ 100

Get $100 Instant Cash Bonus With New Account!

Real Time Tight Spreads Starting From 0.2 Pip

No-Requotes, No Dealing Desk Forex Trading

60+ Forex Pairs, 1:600 Leverage

24 Hour Dedicated Support Staff

Free News, Charts & Education Material

Get 40% First Deposit Bonus
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CAPITAL ONE FOREX LTD
Free $ 100

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Open an account 'No Deposit Bonus' and send request to (support@capitaloneforex.com) with your account number to get 100$ (within 2 days).

• Get No deposit Bonus 100$. Bonus not withdraw able.
• Leverage for No Deposit Bonus will be to 1:20
• Client has to Close 5 LOT to withdraw generated profits
• Bonus will be available in your account for 60 Days and after this 60 days bonus will be removed from your account balance.
• In case client make deposit before end of the Bonus Validity (60 Days)
• If deposit Profits available in the Balance will not be removed. these profit withdraw able after closing 1lots/$10 (if not abel to trade 5 lots within 60 days) ***
• Profit generated from deposit can be withdraw able immediately.
• In Case Client fail to complete 5 LOTS in two month or didn't make deposit in two month the bonus and profits will be removed from the account.
• If IB holder refer any bonus account then he will get clients closing 1 lot/$1.***
• If we will find out any scam trader then we will Banned this Account. And he will get back only his deposit money.
• Your account need to verify with your legal documents and mobile number.
• Minimum withdraw from bonus account $25.

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FORMAXMARKET.COM
Free $ 100
New users receive lottery bonus of $ 100 or $ 500.
Copy the best top trade master share the profits together.

CLICK HERE

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INSTAFOREX

Step 1. Live account registration
To register trading account, please go first to the Opening a live account page.

Step 2. Verification
The verification procedure is quite simple. All that you need is to upload the scanned copy of your passport or other document proving your identity in the Verification section of Client Cabinet. After uploading, you will be notified within 72 hours whether your account has been assigned the status of greater credibility.

CLICK HERE

Step 3. Bonus request
After the completion of registration and verification, your account will be assigned the second-level verification status. Then you will be offered to submit an order for receiving the No Deposit Bonus. You will need to enter your trading account details. In case your account was not verified, InstaForex reserves the right to refuse to credit a fixed No Deposit Bonus amount to your account.

Step 4. Bonus Withdrawal
The No Deposit Bonus is allowed for withdrawal provided that the trade volume of both buy and sell trades are equal to X*10 InstaForex lots where X is the total amount of the bonuses received  (all the bonuses ever gained are taken into account, including cancelled or partially lost ones).
Only the whole bonus amount is allowed for withdrawal, there is no possibility to partially withdraw the bonus.

To withdraw bonus funds from your trading account, please send your request to bonuses@instaforex.com.
Register Now !!!

DF MARKET

Click here

Start trading on the financial markets and get €40 Free Bonus

How to start:

1. Open a live account with our DFTrader platform and claim your Bonus.

2. Use the Bonus for trading Gold, Oil, Indices, Shares and Forex for 30 days.

3. Withdraw any profits made or continue trading.

AYONDO MARKETS
FREE € 100
To get € 100 starting capital must pass a quiz and register ayondo To Get € 100 Starting Capital must Pass A Quiz and register ayondo Quiz

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APEX FINANCIAL SEVICES
Free $ 100.
Open a new account now and make profit from our free $100 welcome bonus! You will get a free $100 bonus in your new account and you can trade to generate a lot of real profit.

CLICK HERE

GKFX - YOUR GLOBAL TRADING PARTNER
FREE € 100
Complete our easy trading course and apply for €100 trading capital at GKFX.

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Pengenalan FOREX

Pasaran tukaran mata wang asing adalah satu pasaran wang antarabangsa. Nama FOREX ditubuhkan daripada nama operasi pertukaran matawang asingnya : Pertukaran Asing, atau ringkasannya FOREX. Forex adalah salah sebuah pasaran kewangan termuda dan telah mendapat tempat sejak 1970s. Disebabkan oleh isipadu pasaran wang, forex adalah pasaran yang berkembang paling dinamik.

Pusingan harian forex mencapai 4 trilion USD, iaitu 30 kali lebih daripada isipadu am keseluruhan pasaran tukaran di AS. Seperti pasaran lain, peniaga-peniaga berdagang hanya barang-barang tertentu. Dalam kes pasaran wang, barang-barang ini mengandungi mata wang asing negara. Pada dasarnya, kadar matawang ditentukan oleh institusi kerajaan serta syarikat- syarikat komersial di seluruh dunia yang perlu untuk menukar aliran untuk dagangan mata wang di negara-negara asing. Mereka membentuk 5% pusingan isipadu aliran pasaran umum. Selebihnya, 95% datang daripada dagangan spekulatif di mana peniaga-peniaga cuba mendapatkan keuntungan berjual beli mata wang pada kadar-kadar berubah-ubah. Ciri penting pasaran wang adalah keunggulannya.

Risiko utama pasaran kewangan datang daripada kejatuhan mengejut, atau indeks saham merudum. Bagaimanapun tidak seperti pasaran saham, Forex tidak jatuh. Apabila nilai saham-saham menyusut, bermakna kejatuhan akan berlaku. Tetapi kejatuhan dollar, hanya bermaksud bahawa sesetengah matawang lain menjadi lebih kuat.

Mari kita lihat contoh matawang Yen. Dalam masa beberapa bulan pada akhir 1998 harga hasrat bertambah 25% berbanding dengan dollar AS. Pada hari tertentu, Penurunan USD diukur dengan nisbah persepuluh satu peratus. Bagaimanapun kejatuhan matawang USD, sebagaimana matawang lain, tidaklah menyebabkan pasaran kewangan merudum dan dagangan tetap berjalan seperti biasa. Ini adalah kunci utama untuk keunggulan pasaran dan juga perniagaan-perniagaan lain. Aliran matawang adalah dagangan yang paling cair dan selamat.

Spekulator selalunya berminat besar dalam dagangan yang dipanggil matawang cair atau asas. Pada masa sekarang, lebih 85% semua urusniaga adalah dalam mata wang asas, kebiasaannya adalah matawang-matawang berikut: Dollar AS (USD), Yen Jepun (JPY), Euro (EUR), Pound British (GBP), Franc Switzerland (CHF), Dollar Kanada (CAD) dan Dollar Australia (AUD).

Perkara penting di dalam menguasai perdagangan matawang adalah pemahaman terhadap sistem notasi kadar pertukaran. Ini adalah agak mudah jika anda mengambil kira bahawa semua pasangan-pasangan matawang menggunakan cara yang sama. Dua simbol matawang ditunjukkan dengan tanda "/" disetiap belah. Korelasi kos antara setiap pasang matawang melambangkan kadar pasangan matawang tersebut: EUR/USD (Euro untuk kadar dollar AS), GBP/USD (Pound British untuk kadar Dollar AS), USD/JPY (Dollar AS untuk kadar Yen Jepun) dan seterusnya.

Apabila mendefinasikan simbol-simbol pasangan matawang, tanda palang ("/ ") biasanya tidak ada dan notasi pasangan mata wang ditulis: EURUSD, GBPUSD, USDJPY.Konsep operasi pasaran wang adalah agak jelas: anda memperoleh keuntungan daripada pergerakan kadar satu jenis mata wang berbanding dengan kadar matawang lain. Pasaran matawang seluruh dunia terdiri daripada kadar-kadar pasangan matawang, di mana setiap satu mencerminkan hubungan kos antara satu matawang dengan matawang negara lain. Sebagai contoh, apabila orang mengatakan bahawa untuk 1 euro ia adalah mungkin untuk 34 sen, ini bermakna bahawa kadar pasangan matawang EUR/USD bersamaan 1.3400.

ITCFX - 100% First Deposit Bonus

PROMOTIONS

100% First Deposit Bonus

Make your first deposit with ITCFX today, and enjoy a 100% bonus instantly in your account.

ACCOUNT TYPES

Classic

ITCFX offers several accounts types for different traders. The standard account is aimed at beginning traders, and those who want to test the ITCFX trading platform. Beginners are advised to start trading in a mini account, while gaining the important knowledge and experience that can help achieve success in Forex trading.

Benefits of opening a Classic account at ITCFX include a personal Account Manager, who will assist you along the way with any questions or inquiries you may have. Classic account holders also receive access to educational tools, including online courses, daily market analysis, weekly market analysis, and webinars. 

Minimum Deposit: $100

Fast Execution

The Fast Execution account is designed for experienced traders, although its benefits can apply to a range of traders with various trading strategies. These accounts emphasize the speed of execution of all positions. Traders who want to trade without re-quotes can opt to open a Fast Execution account, which allows for immediate execution of the position in real time. Contrary to a Standard Forex account, Fast Execution accounts have a floating spread, which can reach as low as 0.6 pips. ITCFX does not charge commissions on any trades in Fast Execution accounts.

The following conditions apply to FE accounts:

Instant Execution

No Re-quotes

Floating Spread as low as 0.6 pips

No Commissions

No Fees

No Dealing Desk

Leverage 1:400

Micro Trading Available

Wide Variety of trading instruments

Islamic Accounts available

To open a Fast Execution Account, go to the registration page and select the Accoutn Type that best fits your needs. 

For more information on Fast Execution accounts, please contact us

Islamic Account

ITCFX offers the possibility of trading with an Islamic account. The nature of Islamic accounts stems from the religious belief under Shariah Law, which states that earning or paying interest on a loan or any other financial transaction is prohibited.

These swap-free accounts allow clients to trade without the implementation of interest on overnight positions. Islamic accounts are available to all ITCFX clients, who are of Islamic religious belief. For more information, please contact us VISIT BROKER

FREE SIGNAL

Forex Affiliate Programs

FxNet Affiliates
At FxNet we want to help you help us. For all of the solutions below, our dedicated team of marketing professional  will be on standby to assist, be it in custom creatives, website development or SEO assistance. Find below the ways in which you may collaborate with FxNet and start maximizing your potential earnings:

Web Masters (Affiliates)

Promote FxNet through your website and be remunerated for the trading activities of your introduced clients! All Web Masters are welcome and anyone with a website may become an affiliate, irrelevant of the site's topic. We will be here for you to assist in any way we can to help drive traffic to your site.

Register it NOW !!!

FXTM Partner

Our partnership programs are set on offering you a unique package of benefits that have yet to be seen elsewhere on the forex scene and are much anticipated in the industry. The programs offered will cover an array of partner types including Introducers, Affiliates and Tied Agents. Each program opens a window of opportunity for one to become part of one of the world's most significant financial markets, and each has been developed with the intention of perfectly matching the needs of different partner types.

Register Now / Visit FXTM Page

INSTAFOREX

We provide the best opportunities for cooperation and are ready to prove our words with figures and certain advantages. Partnership with InstaForex is:

1.5-5.3 pip commission for Forex and up to 20-26 pips for Gold;

Additional reward for Introducing Brokers;

Anytime online access to the affiliate statistics;

Free statistics of your affiliate link traffic;

Free ready-made website with an administration option;

Free Forex news feed for your clients;

Wide choice of promotional and educational materials;

Plenty of marketing instruments;

10 types of partnership with InstaForex Company and partner growth prospects;

InstaForex MasterCard bank card;

0.1 pip affiliate commission charged from all customer trades of subpartners;

Opportunity to receive bonus points from the trades closed by the referrals.

Register it NOW !!!

PEPPERSTONE

Pepperstone highly values the business that you introduce and we generously reward this as an ongoing commission for each and every trade that a referred client makes.

As a leading forex trading firm, Pepperstone sets a highly-competitive IB commission rate and offers the most cutting-edge tracking tools for introducing brokers in the forex marketplace.

The program includes:
A competitive IB commission structure.

Advanced cookie tracking and reporting web admin panel.

Track every click, impression, download and sign up.

Free marketing material including banners, links and widgets.

Commissions paid into a MT4 Trading Account each month.

A personal IB Account Manager who is always there to support and assist you.

REGISTER NOW!!!!

PEPPERSTONE AFFILIATE

Personal Info

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CountryAfghanistanAland IslandsAlbaniaAlgeriaAmerican SamoaAndorraAngolaAnguillaAnonymous ProxyAntarcticaAntigua and BarbudaArgentinaArmeniaArubaAsia/PacificRegionAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBoliviaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBrunei DarussalamBulgariaBurkina FasoBurundiCambodiaCameroonCanadaCape VerdeCayman IslandsCentral African RepublicChadChileChinaChristmas IslandCocos (Keeling) IslandsColombiaComorosCongoCongo, The Democratic Republic of theCook IslandsCosta RicaCote D'IvoireCroatiaCubaCyprusCzech RepublicDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEthiopiaEuropeFalkland Islands (Malvinas)Faroe IslandsFijiFinlandFranceFrance, MetropolitanFrench GuianaFrench PolynesiaFrench Southern TerritoriesGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuamGuatemalaGuernseyGuineaGuinea-BissauGuyanaHaitiHeard Island and McDonald IslandsHoly See (Vatican City State)HondurasHong KongHungaryIcelandIndiaIndonesiaIran, Islamic Republic ofIraqIrelandIsle of ManIsraelItalyJamaicaJapanJerseyJordanKazakstanKenyaKiribatiKorea, Democratic People's Republic ofKorea, Republic ofKuwaitKyrgyzstanLao People's Democratic RepublicLatviaLebanonLesothoLiberiaLibyan Arab JamahiriyaLiechtensteinLithuaniaLuxembourgMacauMacedoniaMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMartiniqueMauritaniaMauritiusMayotteMexicoMicronesia, Federated States ofMoldova, Republic ofMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNetherlands AntillesNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiueNorfolk IslandNorthern Mariana IslandsNorwayOmanOtherPakistanPalauPalestinian TerritoryPanamaPapua New GuineaParaguayPeruPhilippinesPitcairn IslandsPolandPortugalPuerto RicoQatarReunionRomaniaRussian FederationRwandaSaint HelenaSaint Kitts and NevisSaint LuciaSaint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSatellite ProviderSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth Georgia and the South Sandwich IslandsSpainSriLankaSudanSurinameSvalbardand Jan MayenSwazilandSwedenSwitzerlandSyrian Arab RepublicTaiwanTajikistanTanzania, United Republic ofThailandTimor-LesteTogoTokelauTongaTrinidad and TobagoTunisiaTurkeyTurkmenistanTurks and Caicos IslandsTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUnited States Minor Outlying IslandsUruguayUzbekistanVanuatuVenezuelaVietnamVirgin Islands, BritishVirgin Islands, U.S.Wallis and FutunaWestern SaharaYemenZambiaZimbabwe

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FOREX TIME

GET IN THE TRADING LOOP &

RECEIVE A 200% REBATE *

EU Regulated Forex Broker

FOREX TIME (FXTM) TAKES REGULATION AND TRANSPARENCY VERY SERIOUSLY
Regulated by CySEC
Governed by MiFID
Protection of funds under Investor Compensation Fund (subject to eligibility)
Segregation of client funds
Client funds kept in prominent banks

Forex Time (FXTM) believes in rewarding clients for trading with us and we will constantly find ways to return your devotion through refreshing schemes and campaigns.
As of January 1st 2014, you can make a deposit with Forex Time and get a 200% forex rebate up to $10,000 on your initial deposit! Take advantage of the offer now by following these easy steps:

1. Register for a live account
2. Make a deposit
3. Start trading

The offer is valid for thirty (30) days from the moment you make your deposit!
 Terms & Conditions apply

 

Trading Platforms

• MT4 | MT5
• MT4 for iPhone-iPad
• MT5 for iPhone-iPad
• MT4 for Android
• MT5 for Android

DEPOSITS & WITHDRAWALS

 At Forex Time (FXTM), making deposits and withdrawals is simple and straight forward and hardly takes up any of your time. We are constantly striving to offer you even more deposit and withdrawal options and to make the process even easier.

If you have any queries just contact our Client Support Team.

 Deposit methods 

Withdrawal methods

20 THINGS TO BE A SUCCESFUL TRADER

Forex Trading Tips - 20 things you need to know to be a successful trader

Forex has caused large losses to many inexperienced and undisciplined traders over the years. You need not be one of the losers. Here are twenty forex trading tips that you can use to avoid disasters and maximize your potential in the currency exchange market.

1. Know yourself. Define your risk tolerance carefully. Understand your needs.

To profit in trading, you must make recognize the markets. To recognize the markets, you must first know and recognize yourself. The first step of gaining self-awareness is ensuring that your risk tolerance and capital allocation to forex and trading are not excessive or lacking. This means that you must carefully study and analyze your own financial goals in engaging forex trading.

2. Plan your goals. Stick to your plan.

Once you know what you want from trading, you must systematically define a timeframe and a working plan for your trading career. What constitutes failure, what would be defined as success? What is the timeframe for the trial and error process that will inevitably be an important part of your learning? How much time can you devote to trading? Do you aim at financial independence, or merely aim to generate extra income? These and similar questions must be answered before you can gain the clear vision necessary for a persistent and patient approach to trading. Also, having clear goals will make it easier to abandon the endeavor entirely in case that the risks/return analysis precludes a profitable outcome.

3. Choose your broker carefully.

While this point is often neglected by beginners, it is impossible to overemphasize the importance of the choice of broker. That a fake or unreliable broker invalidates all the gains acquired through hard work and study is obvious. But it is equally important that your expertise level, and trading goals match the details of the offer made by the broker. What kind of client profile does the forex broker aim at reaching? Does the trading software suit your expectations? How efficient is customer service? All these must be carefully scrutinized before even beginning to consider the intricacies of trading itself.Please refer to our forex broker reviews to find a reliable broker that suites your trading style.

4. Pick your account type, and leverage ratio in accordance with your needs and expectations.

In continuation of the above item, it is necessary that we choose the account package that is most suited to our expectations and knowledge level. The various types of accounts offered by brokers can be confusing at first, but the general rule is that lower leverage is better. If you have a good understanding of leverage and trading in general, you can be satisfied with a standard account. If you’re a complete beginner, it is a must that you undergo a period of study and practice by the use of a mini account. In general, the lower your risk, the higher your chances, so make your choices in the most conservative way possible, especially at the beginning of your career.

5. Begin with small sums, increase the size of your account through organic gains, not by greater deposits.

One of the best tips for trading forex is to begin with small sums, and low leverage, while adding up to your account as it generates profits. There is no justification to the idea that a larger account will allow greater profits. If you can increase the size of your account through your trading choices, perfect. If not, there’s no point in keeping pumping money to an account that is burning cash like an furnace burns paper.

6. Focus on a single currency pair, expand as you better your skills.

The world of currency trading is deep and complicated, due to the chaotic nature of the markets, and the diverse characters and purposes of market participants. It is hard to master all the different kinds of financial activity that goes on in this world, so it is a great idea to restrict our trading activity to a currency pair which we understand, and with which we are familiar. Beginning with the trading of the currency of your nation can be a great idea. If that’s not your choice, sticking to the most liquid, and widely traded pairs can also be an excellent practice for both the beginner and the advanced traders.

7. Do what you understand.

Simple as it is, failure to abide by this principle has been the doom of countless traders. In general, if you’re unsure that you know what you’re doing, and that you can defend your opinion with strength and vigor against critics that you value and trust, do not trade. Do not trade on the basis of hearsay or rumors. And do not act unless you’re confident that you understand both the positive consequences, and the adverse results that may result from opening a position.
8. Do not add to a losing position.

While this is just common sense, ignorance of the principle, or carelessness in its employment has caused disasters to many traders in the course of history. Nobody knows where a currency pair will be heading during the next few hours, days, or even weeks. There are lots of educated guesses, but no knowledge of where the price will be a short while later. Thus, the only certain value about trading is now. Nothing much can be said about the future. Consequently, there can be no point in adding to a losing position, unless you love gambling. A position in the red can be allowed to survive on its own in accordance with the initial plan, but adding to it can never be an advisable practice.

9. Restrain your emotions.

Greed, excitement, euphoria, panic or fear should have no place in traders’ calculations. Yet traders are human beings, so it is obvious that we have to find a way of living with these emotions, while at the same time controlling them and minimizing their effect on our lives. That is why traders are always advised to begin with small amounts. By reducing our risk, we can be calm enough to realize our long term goals, reducing the impact of emotions on our trading choices. A logical approach, and less emotional intensity are the best forex trading tips necessary to a successful career.

10. Take notes. Study your success and failure.

An analytical approach to trading does not begin at the fundamental and technical analysis of price trends, or the formulation of trading strategies. It begins at the first step taken into the career, with the first dollar placed in an open position, and the first mistakes in calculation and trading methods. The successful trader will keep a diary, a journal of his trading activity where he carefully scrutinizes his mistakes and successes to find out what works and what does not. This is one of the most importance forex trading tips that you will get from a good mentor.

11. Automate your trading as much as possible.

We already noted the importance of emotional control in ensuring a successful and profitable career. In order to minimize the role of emotions, one of the best of courses of action would be the automatization of trading choices and trader behavior. This is not about using forex robots, or buying expensive technical strategies. All that you need to do is to make sure that your responses to similar situations and trading scenarios are themselves similar in nature. In other words, don’t improvise. Let your reactions to market events follow a studied and tested pattern.

12. Do not rely on forex robots, wonder methods, and other snake oil products.

Surprisingly, these unproven and untested products are extremely popular these days, generating great profits for their sellers, but little in the way of gains for their excited and hopeful buyers. The logical defense against such magical items is in fact easy. If the genius creators of these tools are so smart, let them become millionaires with the benefit of their inventions. If they have no interest in doing as much, you should have no interest in their creations either.

13. Keep it simple. Both your trade plans and analysis should be easily understood and explained.

Forex trading is not rocket science. There is no expectation that you be a mathematical genius, or an economics professor to acquire wealth in currency trading. Instead, clarity of vision, and well-defined, carefully observed goals and practices offer the surest path to a respectable career in forex. To achieve this, you must resist the temptation to overexplain, overanalyze, and most importantly, to rationalize your failures. A failure is a failure regardless of the conditions that led to it.



14. Don’t go against the markets, unless you have enough patience and financial resilience to stick to a long term plan.

In general, a beginner is never advised to trade against trends, or to pick tops and bottoms by betting against the main forces of market momentum. Join the trends so that your mind can relax. Fight the trends, and constant stress and fear will wreck your career.

15. Understand that forex is about probabilities.

Forex is all about risk analysis and probability. There is no single method or style that will generate profits all the time. The key to success is positioning ourselves in such a way that the losses are harmless, while the profits are multiplied. Such a positioning is only possible by managing our risk allocations in accordance with an understanding of probability and risk management.

16. Be humble and patient. Do not fight the markets.

Recognize your failures, and try to accommodate them if they can’t be eliminated completely. Above all, resist the illusion that you somehow possess the alchemist’s stone of trading. Such an attitude will surely be ruinous on your career eventually.

17. Share your experiences. Follow your own judgment.

While it is a great idea to discuss your opinion on the markets with others, you should be the one making the decisions. Consider the opinions of others, but make your own choices. It is your money after all.

18. Study money management.

Once we make profits, it is time to protect them. Money management is about the minimization of losses, and maximization of profits. To ensure that you don’t gamble away your hard-earned profits, to “cut your losses short, and let profits ride”, you should keep the bible of money management as the centerpiece of your trading library at all times.

19. Study the markets, fundamentals, and technical factors leading the price action.

That we have placed this so low in the list should not surprise the experienced trader. Faulty analysis is rarely the cause of a wiped-out account. A career that fails to begin is never killed by the consequences of erronerous application or understanding of fundamental or technical studies. Other issues that are related to money management, and emotional control are far more important than analysis for the beginner, but as those issues are overcome, and steady gains are realized, the edge gained by successful analysis of the markets will be invaluable. Analysis is important, but only after a proper attitude to trading and risk taking is attained.

20. Don’t give up.

Finally, provided that you risk only what you can afford to lose, persistence, and a determination to succeed are great advantages. It is highly unlikely that you will become a trading genius overnight, so it is only sensible to await the ripening of your skills, and the development of your talents before giving up. As long as the learning process is painless, as long as the amounts that you risk do not derail your plans about the future and your life in general, the pains of the learning process will be harmless.