Tag Archives: Forex Training In Pakistan

8 empty excuses for not saving

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554229_505310226193680_882306092_n8 empty excuses for not saving

‘I’ve never been able to save’
If you think you’re unable to save, you’ll likely sabotage your attempts at saving. The first step is to change your mindset and truly believe you have the ability to save money.

‘I don’t make enough to save’
Yes, it is harder to save when you don’t make much money. But unless you don’t have enough for a modest place to live and basic food, you probably have the ability to save a few dollars each month. Look to cut out small expenses, like lottery tickets and convenience-store soft drinks first. You may be surprised by how much you can save. Continue reading →

Forex Knowledge — 5 Things to Consider Before Trading

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4efaeba3-6436-4953-be70-6ea277363f79In certain aspects Forex has been around us, since there was no electricity in caves. Long ago people always traded currency they had: whether it was food, animals or some shiny minerals. With the creation of modern money (coins and then paper) different nations traded one currency for another. In modern times currencies are widely traded by the world’s major financial organizations. The birth of a retail market in mid 1970s allowed non-commercial players to trade Forex. However, the most crucial change to the industry came in 1996 when Forex trading was put online. Continue reading →

Forex Knowledge — 5 Things to Consider Before Trading

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4efaeba3-6436-4953-be70-6ea277363f79In certain aspects Forex has been around us, since there was no electricity in caves. Long ago people always traded currency they had: whether it was food, animals or some shiny minerals. With the creation of modern money (coins and then paper) different nations traded one currency for another. In modern times currencies are widely traded by the world’s major financial organizations. The birth of a retail market in mid 1970s allowed non-commercial players to trade Forex. However, the most crucial change to the industry came in 1996 when Forex trading was put online. Continue reading →

Forex and Stock Markets

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01Forex market and stock market (stock and securities market) are two independent markets with no relation to each other. They differ in trade instruments: currencies are traded on Forex market, and shares, on a stock market. Stock markets are often located at the stock exchanges. The largest stock exchanges are situated in New York, London and Tokyo. Another difference between Forex and stock market is the amount of money Continue reading →

Forex and Stock Markets

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01Forex market and stock market (stock and securities market) are two independent markets with no relation to each other. They differ in trade instruments: currencies are traded on Forex market, and shares, on a stock market. Stock markets are often located at the stock exchanges. The largest stock exchanges are situated in New York, London and Tokyo. Another difference between Forex and stock market is the amount of money Continue reading →

Trading Psychology

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12_6_origTrading is an activity that demands analytical and inference skills. It requires patience from the one hand and quick response with risk readiness from the other. Trading is an activity for those who understand psychology. These factors will largely determine whether you succeed or loose on Forex. Even if you switch to system trading, you will not avoid the emotional stress when making trading decisions. Forex traders are often inclined to believe that the less emotion, the better trade – i.e. emotions prevent a correct decision. But the sense of anxiety, fear of losing money, hope and belief in luck, regret, joy, frustration, and joy again – all these feelings inevitably associated with trading. Continue reading →

Trading Psychology

Posted on by
12_6_origTrading is an activity that demands analytical and inference skills. It requires patience from the one hand and quick response with risk readiness from the other. Trading is an activity for those who understand psychology. These factors will largely determine whether you succeed or loose on Forex. Even if you switch to system trading, you will not avoid the emotional stress when making trading decisions. Forex traders are often inclined to believe that the less emotion, the better trade – i.e. emotions prevent a correct decision. But the sense of anxiety, fear of losing money, hope and belief in luck, regret, joy, frustration, and joy again – all these feelings inevitably associated with trading. Continue reading →