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Forex-trading---95--of-novice-traders-lose---could-you-win-
By kelly price
There is one fact that you need to consider carefully before you engage in FOREX trading and if you do, you could save yourself a lot of money, so here it is: If 95% of novice currency Read more...

Be Wary Of Penny Stocks
By Darren McLaughlin
This warning goes out to newbie investors, and more times than not, it falls on deaf ears. But I'll repeat it one more time just for posterity's sake: if you're new to investing, be very careful of Read more...

Futures Versus Forex (foreign Exchange Market)
By Jeff Slokum, Thu Dec 8th
Todays current futures market is quite unlike the futures of the19th century. Todays future market is a worldwide one thatincludes manufactured goods, financial currencies and treasurybonds, and Read more...

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Below, you'll find extensive information on leading currency trading training articles and products to help you on your way to success.

The-best-forex-trading-strategies
By Andrew Daigle
So, you've done your homework, researched your favorite pair, found the perfect setup and executed your trade according to your forex trading strategy. You know this is one of the best forex trading strategies you've seen because you've been paper trading and back-testing it for weeks. Now it's time to go live. You're ready to start trading your hard earned cash with this puppy.

You feel assured because you've seen this setup many times before and know the odds are in your favor. You execute the trade and let it run. A few hours later, you get stopped out for a loss. No big deal. You knew the risks. You're a little surprised this trade didn't work out, but you look forward to the next trade. You know losses are a part of this business and part of the overall winning process. Your next trade should make up for this loss.

You're still very confident in your forex trading strategy so you make your next trade and you rack up another loss. This one made you feel a little worse than last time because you were sure this would be a winning trade. Moving on, you find another trade setup and get into a new trade. It's going great and you're moving your stop loss more into profit. You're 20 pips from your ultimate take profit price, but out of nowhere, the Euro zone makes a surprise news announcement that they may cut interest rates earlier than expected. Just like that, your trade moves in the other direction and stops you out for a measly 5 pip gain!

You feel the trading gods are against you. Worse than that, you start getting down on yourself and second guessing your forex trading strategy. You know this trading strategy works. You tested it and tested it again. You promised yourself you would trade at least

Canada's Airlines Helped By Strong Canadian Dollar
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://online.wsj.com/article/BT-CO-20100318-714485.html?mod=WSJ_latestheadlines" style="font-size:1.2em">Canada&#39;s Airlines Helped By Strong Canadian Dollar</a> <br> <span style="color:#888888;">Wall Street Journal</span> - <span style="white-space:nowrap">7 hours ago </span> <div style="width:80%;">By Caroline Van Hasselt Of DOW JONES NEWSWIRES TORONTO (Dow Jones)--Canada&#39;s airline industry is one sector of the country&#39;s economy that benefits from a strong currency, given that fuel, their ...</div> </div>
| EXCHANGE RATE
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.dailynews.lk/2010/03/19/ExchangeRate.asp" style="font-size:1.2em">| EXCHANGE RATE</a> <br> <span style="color:#888888;">Ceylon Daily News</span> - <span style="white-space:nowrap">8 hours ago </span> <div style="width:80%;">Exchange Rates on 18.03.2010 The average rates of the following currencies quoted by commercial banks in Colombo for Telegraphic Transfers (TT) at 9.30 am are as follow: Currency Buying Rate ...</div> </div>
Fund Managers Don&#39;t Fret Canadian Dollar At Par; Some Even Like It
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201003181514dowjonesdjonline000762&title=fund-managers-dont-fret-canadian-dollar-at-parsome-even-like-it" style="font-size:1.2em">Fund Managers Don&#39;t Fret Canadian Dollar At Par; Some Even Like It</a> <br> <span style="color:#888888;">NASDAQ</span> - <span style="white-space:nowrap">8 hours ago </span> <div style="width:80%;">By Stuart Weinberg, OF DOW JONES NEWSWIRES TORONTO -(Dow Jones)- Peter Hodson won&#39;t stop investing in US equities now that the Canadian dollar is near par with the greenback, but he does offer the ...</div> </div>
CANADIAN DOLLAR MAKES ANOTHER NEW CONTRACT HIGH. NEW BUY SIGNAL FOR THE POUND
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.forexhound.com/article/Fundamentals/Daily_Reports/CANADIAN_DOLLAR_MAKES_ANOTHER_NEW_CONTRACT_HIGH_NEW_BUY_SIGNAL_FOR_THE_POUND/192500" style="font-size:1.2em">CANADIAN DOLLAR MAKES ANOTHER NEW CONTRACT HIGH. NEW BUY SIGNAL FOR THE POUND</a> <br> <span style="color:#888888;">Forex Hound</span> - <span style="white-space:nowrap">9 hours ago </span> <div style="width:80%;">CURRENCIES: 03/18/10 Higher closes yesterday for the Canadian Dollar, Swiss Franc , British Pound, Japanese Yen, and Aussie Dollar while lower for the Euro Fx and dollar index. The euro continues ...</div> </div>
Canadian Dollar May Soon Reverse Against US Dollar
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.dailyfx.com/forex/technical/ssi/usd-cad/2010-03-18-1554-Canadian_Dollar_May_Soon_Reverse.html" style="font-size:1.2em">Canadian Dollar May Soon Reverse Against US Dollar</a> <br> <span style="color:#888888;">Daily FX</span> - <span style="white-space:nowrap">11 hours ago </span> <div style="width:80%;">USDCAD ? Continued USDCAD declines have left the pair&#39;s SSI ratio in strongly net-long territory, but it is interesting to note that said ratio has not hit further extremes as the pair drops to ...</div> </div>
Canadian Dollar at Risk of Pullback on Turn in Forex Sentiment
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.dailyfx.com/forex/technical/ssi/table/2010-03-18-1536-Canadian_Dollar_at_Risk_of.html" style="font-size:1.2em">Canadian Dollar at Risk of Pullback on Turn in Forex Sentiment</a> <br> <span style="color:#888888;">Daily FX</span> - <span style="white-space:nowrap">12 hours ago </span> <div style="width:80%;">Interested in building your own SSI-based strategy? Request SSI data on our forex forum. Strong declines in the US Dollar/Canadian Dollar currency pair have persistently been met with crowd buying ...</div> </div>
Good Numbers In UK
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.istockanalyst.com/mobile/viewarticle.aspx?articleid=3957634" style="font-size:1.2em">Good Numbers In UK</a> <br> <span style="color:#888888;">istockAnalyst.com</span> - <span style="white-space:nowrap">20 hours ago </span> <div style="width:80%;">Some good news out of UK, for a change. After recent avalanche of doom and gloom reports, employment numbers turned positive today. Unemployment count for January was revised down, but February ...</div> </div>
Canadian Dollar Tiptoeing Towards US Dollar Parity
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://blogs.wsj.com/marketbeat/2010/03/18/canadian-dollar-tiptoeing-towards-us-dollar-parity/" style="font-size:1.2em">Canadian Dollar Tiptoeing Towards US Dollar Parity</a> <br> <span style="color:#888888;">Wall Street Journal</span> - <span style="white-space:nowrap">Mar 17, 2010 </span> <div style="width:80%;">By Don Curren The US dollar/Canadian dollar cross is consolidating around the $1.01 mark after a sustained push lower resulted in a 20-month low at $1.007 on Wednesday. ?The focus is now on a USD ...</div> <a href="http://www.examiner.com/x-32127-Toronto-Headlines-Examiner~y2010m3d17-Canadian-Dollar-inches-toward-parity-with-US-hits-99-cents">Canadian Dollar inches toward parity with U.S., hits 99 cents</a> - <span style="color:#888888">Examiner.com</span><br> <a href="http://www.rttnews.com/Content/CurrencyMarket.aspx?Id=1243702&SM=1">Canadian Dollar Surges Up To New Multi-year High Versus Euro</a> - <span style="color:#888888">RTT News</span><br> <a href="http://www.citytv.com/toronto/citynews/news/national/article/72592--high-canadian-dollar-here-to-stay-economists-say" style="color:#009900">CityNews</a> - <a href="http://forexblog.oanda.com/20100318/canadian-dollar-closing-in-on-20-month-high/" style="color:#009900">OANDA Forex</a> </div>
Dollar Falls On Renewed Risk Appetite
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.istockanalyst.com/mobile/viewarticle.aspx?articleid=3954642" style="font-size:1.2em">Dollar Falls On Renewed Risk Appetite</a> <br> <span style="color:#888888;">istockAnalyst.com</span> - <span style="white-space:nowrap">Mar 17, 2010 </span> <div style="width:80%;">3/17/2010 04:30 am: EUR/$..1.3778 $/JPY..90.51 GBP/$..1.5215 $/CHF..1.0536 AUD/$..0.9201 $/CAD..1.0128 Asia Pacific markets were stronger today after the Fed announced yesterday that it will ...</div> </div>
Will CAD Reach Parity With USD?
<div style="padding:0px; margin-bottom:1.5em;"> <a href="http://www.istockanalyst.com/article/viewarticle/articleid/3953912" style="font-size:1.2em">Will CAD Reach Parity With USD?</a> <br> <span style="color:#888888;">istockAnalyst.com</span> - <span style="white-space:nowrap">Mar 17, 2010 </span> <div style="width:80%;">With US Dollar taking a beating again, USD-CAD exchange rate is becoming interesting. As of this writing, it is 1.0140, not far from parity. Question is, will it happen? For the better part of ...</div> <a href="http://www.fxstreet.com/news/forex-news/article.aspx?StoryId=8572b5ef-b57a-4944-9a59-d2df104cb655">Forex: USD/CAD falls to 1.0100, fresh 19-month low</a> - <span style="color:#888888">FXstreet.com The Forex Market</span><br> </div>

10 trades, but since things haven't been working out as you planned, you decide to sit the next trade out and just watch it. Sure enough, it's the winner you've been waiting for. It would have easily made up for your previous losses, but you weren't along for the ride.

So what's going on? Your emotions are starting to get the best of you and you're out of control. Almost every trader has gone thru this at one time or another.

Winning traders take control. They start working on their discipline and stop letting their emotions get the better of them. They stick to their forex trading strategies because in the long term, they know they make more money than they lose. They don't focus on one single trade. They focus on the longer term. Losing traders give up too easily and let their emotions rule them. They jump from one forex trading system to another, wondering why they can't make profitable trades. They're destined for failure. What kind of trader do you want to be?

Article Source: http://www.upublish.info

About the Author:
Andrew Daigle
Andrew Daigle is the owner and author of many successful websites including ForexBoost, a free Forex educational site to learn Forex trading strategies and a Free Forex Training blog for keeping online Forex trading records.

We strive to provide only quality articles, so if there is a specific topic related to currency that you would like us to cover, please contact us at any time.

And again, thank you to those contributing daily to our currency trading training website.

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