Frequent guest blogger, Bill Poulos, presents his latest article below which looks deep into a number of major issues within the Forex markets, as well as provides a number of excellent tips for you to use on a daily basis. Please check out Bill's site here, and as always he's excited to read and respond to your comments so let's not let him down.
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Recent events have brought the dollar back into focus – both as it continues to slide, and as it made an unusual, event-related rebound last week. Because of that, many traders, my students included asked me for my take on why Forex traders are struggling right now.
I believe there are three reasons that are deeply affecting traders of foreign currencies. They are:
• Overexposure on trades
• Little or no attention to risk management
• Stuck in a black hole cycle of dependency
Let me elaborate:
Continue reading ""Weird" Events Are Frustrating Forex Traders"
