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Whether you are new to Currency Trading or a seasoned trader, you can always improve your trading skills. Education is fundamental to successful trading. Here are some steps to improve your currency trading. Successful professional traders do three things that amateurs often forget. They plan a trading strategy, they follow the markets, and they diarize, track, and analyze each of their trades. Successful traders start with a strategy and they stick to it at all times. Some currency pairs are…

What steps to avoid investment frauds? I see too many investors who might have avoided trouble and investment frauds if they had asked basic questions from the start. It doesn't matter if you are a beginner or have been investing for many years, it's never too early or too late to start asking questions. Fraudsters are counting on you not to investigate before you invest. It is not enough to ask for more information or for references. Take the time…

Three trillion pounds a day is traded globally, making it larger than all the world’s stock markets added together. If the suspicions of rate fixing and other manipulations turn out to be correct, it could turn out to be a bigger scandal than that surrounding the exploitation of the Libor, the interbank borrowing rate. Before signing up to a Forex broker make sure you do your due diligence so as not to lose your hard-earned investment funds. Start by asking…

Ponzi schemes are a fraudulent investment scams operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned by the operator. What is the lesson for forex traders? There are several things that could be said. The first lesson is fairly basic—if it sounds too good to be true, it probably is. This is easy enough to see with investment funds, but the…