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The Danger of Excessive Ego to Your Forex Trading Business

March 16, 2010

photo_9510_20091105Is ego getting in the way of your trading?

After gaining a few successful trades under your belt, there is a tendency for you to think that you will no longer fail while trading. Your ego builds and you feel very much invincible. But if you want to have a long career trading Forex, you need to leave your ego behind.

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How to Choose Currency Pairs

August 26, 2009

There are two main factors for choosing a currency pair.

1. The average daily range of PIPS that the pair moves.

2. The clarity of the patterns produced by the pair.

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