Forex Trading and Family

When most people come to Forex trading they imagine a career where they can make buckets of money and also have all the free time in the world. What tends to happen is these same traders become obsessed with the markets and instead of having more free time, every waking minute they spend in front of a screen. They spend even less time with their families than they did before they came to trading.

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Important Reasons to Invest in Forex

Forex market is where currencies are traded. For multinational companies, this market provides a means of doing business in other countries, facilitating the payment of bills in the local currency. For traders, this market provides opportunities to take advantage of movements in exchange rates. Here are some important reasons to consider investing in Forex.

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Improving your Forex psychology

Psychology is one of the weirdest areas of Forex trading. You can be making perfect trades most of the time on your demo account but as soon as there's real money on the table - even if it's on the tiniest of trades - your system goes to pot and your bank starts to evaporate. If that's the case with you, it's time to examine your Forex trading psychology and see how you can improve it.

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Euro loses confidence on American data

In the unfolding battle of the central banks, euro continues hand over positions on expectations of a possible ECB rate cuts. In September, as it became known last Friday from the report, the inflation in the eurozone unexpectedly fell to 0.7% vs. 1.1%.

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