About Day Trading: Beware the Retail Forex Broker
 | from Adam Milton
This week's day trading newsletter provides some valuable information that may help forex traders avoid being taken advantage of, including: - a discussion of retail forex brokers, with examples of why they should be avoided, - an explanation of trading multiple contracts, with two strategies that can significantly improve your profit and loss, - and the weekly economic calendar with volatility expectations.
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In the Spotlight |
Retail Forex Brokers
In theory, the forex markets are traded just like any other market, but there are some significant differences that need to be considered. Some of these differences are negligible, but some will make a big difference to your profit and loss, and need to be understood before the forex markets are traded ... read the full article
| | Trading Multiple Contracts
Beginning day traders should always start trading with a single contract (or group of 100 shares, or single forex lot), but as they become more experienced, they will be able to trade multiple contracts, and take advantage of the benefits that multiple contracts provide. When traded correctly, there are several advantages to trading multiple contracts, including increased profit, and improved risk to reward ratios ... find out more
| Economic Calendar with Volatility
There are less news releases this week than last week, but there are still a few news releases from each region (US, Europe, and Asia). Each region also has a couple of high volatility news releases, so markets throughout the world should experience some decent price movement this week ... view the full calendar
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