Speaking about Forex trading efficiency, people often mention teamwork. Who is more efficient on Forex: individual trader or a team of traders working in a synch? Traditionally, every private investor is for himself on Forex. However, teamwork may vary a bit, being formal or informal. Traders have not agreed on teamwork efficiency though. Some say… Read more
At the end of 2011, InstaForex official representative office in Lagos (Nigeria) has summarized results of the first stage of the Lucky 150 contest. The ceremony was attended by more than 80 guests and complimented by an amazing music and comic show. A cheerful Pre-New Year atmosphere mantled the event and gave the guests a… Read more
“The bodily felicity consists in health, and that of the mind in knowledge” – Thales Many traders, especially beginners, often wonder where they can get the knowledge required to succeed. Many of them study trading by reading specialized literature. Others consider it no good and rely on their intuition. The rest lose their money once or… Read more
Is there any sense in recording your observations and conclusions? This question is answered affirmatively by many traders. They believe that keeping a trading journal contributes to self-discipline and helps to systematize the experience gained. Apart from a traditionally used journal, there are other ways to record your observations. It is a well-known fact that… Read more
After the gold standard was cancelled, the world economy switched to the floating exchange rates. Since then every currency price is the result of the free interaction between its demand and supply. The demand for the currency is formed under the influence of such factors as the necessity for goods import, investment attractiveness of the… Read more
