Currency Trading Tips: 2 Reasons Why Currency Trading Can Help You to Achieve Financial Freedom

Over the last few years many so called “business gurus” have been sharing thousands of tactics to achieve financial freedom. An imperative thing to always remember is that several of these people you hear about are unique incidents and a lot of times what worked for them might not work for you.

In this section of my currency trading tips series I would like to discuss with you 2 reasons why I believe Forex can form a number of “unique” success stories and can allow you to achieve true financial freedom.

Online Trading Reviews: 4 Good Reasons Why You Should Really Have a Foreign Currency Exchange Trainer

Trading the fx market takes quite a lot of determination, effort, planning, and quite a few times even a bit of luck. In the years that I have as a full time trader I have met tremendously successful traders and after talking to them I found out that about 90% to 95% of them have had a coach that helped them to become lucrative.

In this section of my online trading reviews I would like to provide you with 4 reasons why you should have a Forex mentor who can direct you and help you accomplish your goals.

Foreign Currency Exchange Trading tips: Why Do 90% of All FX Traders Lose Money?

Foreign Currency Exchange Trading can be one of the most money-making investments any individual can make. There are a lot of rewards of trading Forex… it is a 24/7 market, most of the trading is automatic, you can use a significant amount of leverage to enhance your potential earnings, and much more.

Nevertheless, there are common mistakes that seem to be made by every single amateur foreign currency trader and sometimes even the professionals.

Forex Strategy Trading Hints: How to Utilize Forex News to Trade the Foreign Exchange Market

Fundamental analysis is the investigation of how the worldwide events and news alter the currency markets.

In this edition of my Forex strategy trading Helpful Hints I will be teaching you how I you can implement fundamental indicators to help you take better trading conclusions.

The use of fundamental analysis in the currency market is done by utilizing economic indicators. These fundamental indicators provide you with economical components of a country that can assist you to evaluate the robustness of a country’s currency.

Forex Strategy Trading Tips: The Forex Trading Every Trader Should Use.

As I was planning to trade the currency markets today I followed my regular pre-trading routine. I follow really the same routine each day and it allows me to become more prepared and proficient as a trader and as a businessman.

As part of my Forex strategy trading hints I would like to share with you a checklist that every Forex trader should use in order to be more profitable, more organized, and boost your return on investment.


Check your open trades and track their performance: This should be the first step you take once you get to your computer. Check all of your open positions and
track their performance.

In several occasions stop losses need to be moved to break even or you want to take profit early because of an incoming event (such as non- farm payroll).  One of my mentors once told me that “everything that matters should be measured”, this undoubtedly applies to spot trading.


Study the market before you place any brand new trades: I cannot stress enough that you need to analyze the market before you open any trades. When you are in a trade you are not the same. You are thinking about the trade all the time and you are more likely to make non-sense decisions.

What's more, you will be hitting your head if you see something in the market that creates a conflict with a trade you already took.

Read the news or read a news calendar: I am most of a technical Fx trader than a fundamental spot trader; nevertheless, I still try to stay up to date in what is going on all over the globe.

One of the resources that I employ to analyze the fundamentals of the foreign exchange market is the news calendar. A news calendar provides you with an overview of all the important events that are happening in the internacional economy. A number of them also tell you the expected influence that each specific news event will have on the currency market.



Check your risk, stop loss, and tale profit variables: little things can make a big difference in FX trading and minor mistakes can produce large losses. This is the reason why I always check my risk, take profit levels, and stop loss levels. That’s the only way for me to make sure that that everything is working properly and that I am going to meet my trading plans.


Never let a small mistake become a large loss: I made a decision to include this one as part of the Forex trading checklist because I have seen a number of traders lose money this way. We are all human and we will commit mistakes from time to time.

One of the most common mistakes traders commit is taking a trade by mistake. I have done it and all pro Forex traders have. This is not that big of a mistake unless you let run and become a larger loss. My advice to you is that if you ever take a trade mistakenly close it immediately, never let a small mistake turn into a big and unnecessary loss!


I Hope you enjoyed my Forex strategy trading secrets please check back frequently as we post several times every week.

Forex Strategy Trading Tips: The Forex Trading Every Trader Should Use

As I was planning to trade the Forex market today I performed my regular pre-trading routine. I follow precisely the same routine day after day and it allows me to become more organized and productive as a trader and as a businessman.

As part of my Forex strategy trading suggestions I would like to share with you a checklist that every spot trader should use in order to be more productive, more organized, and expand your return on investment.

Forex Currency Trading Software: How to Find the Best Trading System For You

The Forex industry is full of  tricks and so called Forex “gurus” who don’t even trade themselves! For that reason many traders are fooled and have a incredibly hard time finding the best Forex currency trading software.

 In this article I would like to share with you a list of advantageous tricks on how to find the best Forex currency trading software for you.

Always back test a new trading strategy:  Manual backtesting is far more effective than automated backtesting. the sole reason why I say this is because when you manually back test a strategy you learn the strategy more profoundly and you become one with the strategy.

What's more, you will also be able to spot mistakes and imperfections within the system that automated testing software cannot spot.


Do your homework before you put that credit card out! : This is an crucial step. Before you purchase any trading system you will need to make sure you do your homework and shop around for other trading systems.

Be very careful with the really low-cost trading system because as they say “You get what you pay for”, regularly the $97 trading robot will not do anything but lose you money.

When you make a decision to invest in a trading system be sure to get in touch with the seller as soon as you purchase it. This way they will notice that a new customers just joined. This will make their customer service make up and stand by in case you have any concerns.

Get to know the person behind the Forex currency trading software you intent to buy: Whenever I buy a product I always expect to know more about the company or the creator of the product. Simply because I want to know the level of expertise of the creator or creators.

4 Simple Tips On How to Use Free Forex Software To generate Up to 185% Return on your investment

Within the last few months I have been building several trading systems that are produced by utilizing a set of very simple trading indicators. The good thing of it is that many of them are very profitable and simple to use. Last week I back tested a collection of free Forex software tools that have made a total of 185% in the last Twelve months by trading only 1% per trade.

Online Trading Reviews: 4 Simple methods to Combine Automated and Discretionary Trading

There's always been a debate about what kind of trading is better, automated or discretionary. People within the Currency trading community read online trading reviews , trading articles, watch trading videos, and are always trying to find as much information and tools as they can. 

Free Forex Software: How to Use Free Software for Profit

Investing has been for hundreds of years the easiest method to maximize one’s capital and wealth. It is technically impossible to become wealthy by just having a job.

The basic principle behind employment is that you trade your time for a preset sum of money. The problem with this is that you only have 24 hours a day you can exchange for income. 

Even if you're a CEO or company owner who makes $20,000 to $40,000 a month you'll never be truly free, because you don’t own your time or life, the board of directors or your company does. In this trading article will teach you how you can use free Forex software to make money.

Currency Trading Tips: 6 Significant Benefits of Trading Forex

Today I would like to share with you 6 reasons why the Foreign exchange should truly be a part of your investment strategy and trading portfolio. Forex is very unique in comparison to any other financial market in the world and I'm going to explain to you why; let’s get started with this release of our currency trading tips.

Forex Secret Trading Tips: How I Fired my Boss & Started to Trade From the Seashores of Florida

Society tells us that we need to go to school, obtain a secure job, get married, and then be happy forever, correct? Well, the fact is that this life model is very obsolete and I recognized this flaw is our system since my first years in college. Later on my life I also decided that if I wanted to get anywhere I was going to need to take my future on my own hands, so I did.

 At the time I was working full-time as a business developer for a “Forex guru” who was running a trading software business. I liked my job but I was working myself to the bone and didn’t have any free time.

Although I didn’t want to admit it I knew it was a dead end job. The only way for me to obtain true financial freedom was to take my future on my own hands. In this edition of my Forex secret trading tips I would like to share with my readers 4 tricks that helped me to fire my boss and start to trade from the beaches of Florida.

Opening up your own trading business:

 Selecting to run my very own Forex business was the best decision I’ve ever made. I finally was having the ability to select my schedule, choose how much money I want to make, and particularly I can trade and make a living from any place in the whole world. In the last years I’ve been trading from the tropical beaches in Costa Rica, Miami, Siesta beach, Tampa beach, the Caribbean and many other places.

Expanding your options and opportunities:

 Ever since I decided to have my own Forex trading business I have connected with lots of people and traders from all across the globe. Furthermore, I have been able to develop trading strategies, partners, and a community of FX traders that otherwise wouldn’t be achievable.

Never put all your eggs in the same basket

: When you only have one income source (for example a full-time job) you are at risk. You are a disposable asset for the enterprise you work for and if they find someone who is faster than you, less expensive than you, or more qualified than you they won’t hesitate to replace you. This is why you need to create a second income stream from Forex trading to have a fall back plan in case the unanticipated happens.

How you can fire your boss and secure your financial situation:

 Most of the people depend on a job to make a living and support their own families. The problem is that when you work for a business you are only a disposable asset to your boss.

 Many individuals will not agree with me but as a company owner I understand the way other company managers and owners think. This is not personal, is just business. Company owners focus their efforts on lowering operating expenses and increasing revenues and employees are in the expense column. Due to this you need to secure your family’s economical future by trading the FX market and putting your money to work for you.

A lot of people even choose to take it to another level and become full-time traders. In Forex the sky is the limit and you are the only person that decides how far you want to go. Make sure you check back soon to get more Forex secret trading tips.

Regards,

Jay Molina

Pro Currency trader & Educator

Online Trading Reviews:4 Tips on how to Evaluate a Forex Mentorship Program

One of the things that changed my trading career was the Forex mentors I had at the start of my career. This also allowed me to learn from the greatest traders (folks who had been managing millions) and cut the learning curve to a few months, instead of years.

I read hundred of online trading reviews and I even bought several trading systems however they always performed poorly. This is when I decided that if I was going to get anywhere as a Currency trader I was going to have to take my financial destiny on my own hands.

Foreign Currency Exchange Trading Tips: 5 Easy methods to Make the Most Out of Trading Losses

Quite a few books have been written on how to make money in the market. Many of these books can be very useful when you are trying to learn new techniques to profit from the Forex. However, what you don’t see often are books or articles that educate you on how to react and take losses.

Foreign currency exchange trading can lead to become a very thriving trader as long as you educate yourself and reinforce your trading skills. Learning how to take a loss is one of the most significant lessons you will learn as a trader. In this trading article I would like to share with you 5 ways to make the most out of your trading losses.

Currency Trading Tips: How to Find the Right Trading Style for You

Everyone has diverse needs and standards of living and therefore, trading is not a one-size fits all business. Today I'm going to be going over the various trading styles within Fx trading and how they might fit your life and investment specifications. I hope you find my currency tradingtips helpful.

Currency Trading Tips: 5 Things Most Unprofitable Forex Investors Don’t Know

In the last couple of years I have learned that nearly all unprofitable Forex traders commit precisely the same mistakes and lack the same amount of information. The problem is that to put it together and become profitable a Forex trader needs to develop several different skills. In this currency trading tips article you will learn 5 things that most unprofitable Forex traders don’t know.