4 Reasons Why Forex Traders Lose 

4 Reasons Why Forex Traders Lose 
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Forex trading has been seen by many as a form of gambling. It is often said that 90% of forex traders fail and only a mere 10% of these traders succeed in this career.  The question is, why do this 90% of traders fail? Why can’t they be as successful as the 10% of traders […]

China Seemingly Picking off Australian Industries One by One 

China Seemingly Picking off Australian Industries One by One 
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Among the latest to feel the wrath of China from the trade tensions are the Australian cotton growers.  Chinese spinning mills have been discouraged by authorities from using Australian cotton as reported by producers.  It is the second industry this week to raise an alarm about the stained relationship, with customs authorities allegedly telling companies […]

What are the Challenges that Home-based Traders Go Through? 

What are the Challenges that Home-based Traders Go Through? 
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Thanks to the advent of the internet, people now has access to almost everything even forex trading at home.  Trading before was different, people would line up on wall street. Meet their fellow traders and exchange information with each other that will benefit their trades.  Nowadays, everything can be done in the comfort of your […]

Is It Really Important to Keep Your Cool When Trading? 

Is It Really Important to Keep Your Cool When Trading? 
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Being rational and emotionally detached is essential if you want to consistently profitable.  Most new traders ride an emotional rollercoaster and feel like the odds are with them in a win, but feel completely down when experiencing a loss.   Meanwhile, professional traders stay calm and relaxed even after a series of losses. They have the […]

SA Model for Victorian Reopening by Treasurer Josh Frydenberg 

SA Model for Victorian Reopening by Treasurer Josh Frydenberg 
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Victorian Premier Daniel Andrews should look to South Australia and ease its strict restrictions on Sunday, Josh Frydenberg says. The federal Treasurer was in Adelaide on Thursday spruiking last week’s budget.  Mr Frydenberg commended the “military-style” operation at Adelaide Airport and the Marshall government’s work to suppress the coronavirus.  “My message to Daniel Andrews today, as my message to […]

Forex Liquidity and Volatility

Forex Liquidity and Volatility
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To a beginner trader, terms like liquidity and volatility can be intimidating.  You need to understand and comprehend these terms as well as apply them to your trades. If you have been trading for quite some time now, you already know these terms like the back of your hand.  Despite these, there are still some […]

China “may have announced” a ban on Australian coal imports

China “may have announced” a ban on Australian coal imports
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Australia is demanding answers from Beijing after reports Chinese customs authorities have been telling companies to stop importing Australian coal.  China launched an investigation into Australian wine imports which flared the trade tensions between the two nations.  The industry media reported that officials issued verbal warnings to companies to stop buying thermal coal from Australia.   […]

Best Forex Trading Tips and Tricks 

Best Forex Trading Tips and Tricks 
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Here is a list of the ultimate forex tips that can help in your trading performance.  Know the kind of trader that you are Every trader is different, just like the market. You have your own goals, personality, and emotional strength.  Some traders would like to go with low-risk positions while others are more daring […]

Will the Budget’s Cash Handouts Work?

Will the Budget’s Cash Handouts Work?
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The Budget splashed around billions in the hope of saving the Australian economy. But one expert says a more effective stimulus method was overlooked.  The Morrison Government should hand out shopping vouchers, not cash, if it wants consumers to immediately stimulate the economy during the pandemic, says a leading academic.  Under the Budget handed down […]

How To Create a Trading Plan 

How To Create a Trading Plan 
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A trading plan is a framework that guides traders in their trading process. This sets the conditions where the trader enters and exits a trade, identifies markets, and manage risks along the way. This helps the trader with accountability and keeps traders focused on their strategy.    Here are the following steps on how to create […]