by Kirk Norwood | Mar 30, 2009 | Forex Brokers
Click Here for Previous Post Trading has been characterized as a zero sum game, and rightly so. If trader A sells a security to trader B and the price goes up, trader A lost money that they otherwise could have made. If it goes down, Trader A made money from trader...
by Kirk Norwood | Mar 12, 2009 | Forex Brokers
Click Here for Proceeding Post Each tier of the Forex market has its own inherent advantages and disadvantages. Depending on your priorities you have to make a choice between what restrictions you can live with and those you cant. Unfortunately, you can’t always...
by Kirk Norwood | Mar 9, 2009 | Forex Brokers
Click Here for Previous Post It is convenient to believe that in a $2 tril per day market there is always enough liquidity to do what needs to be done. Unfortunately belief does not negate the reality that for every buyer there MUST be a seller or no transaction can...
by Kirk Norwood | Mar 6, 2009 | Forex Brokers, Planning A Trading Career
Click Here for Previous Post ... This article is a continuation from a previous post from Darkstar at Forex Factory Market Structure: Now that we have established why the market exists, let’s take a look at how the transactions are facilitated: The top tier of the...
by Kirk Norwood | Oct 9, 2008 | Forex Brokers, Money Management, The Disciplined Forex Trader
I was speaking with a good friend the other day; about demo trading versus live trading, and how to make the transition smooth. He mentioned that he had not yet started trading live, and that he had been offered by a broker a free demo account with an initial...
by Kirk Norwood | Sep 8, 2008 | Forex Brokers, The Disciplined Forex Trader
When we refer to our broker we are referring to the people we talk to when we contact that broker. It may be someone in the funding department, the accounts department, the client services department, or a person placing a trade for us. In any event they are...