“Nothing venture, nothing have” and “Fortune favors the daring¨ might be good mottos, yet not the best ones to apply when it comes to Forex trade. In their willingness to risk many traders go overboard. The statistics confirm harsh reality: only 3-5% of all traders succeed in making good profits on Forex. Analysts and professional traders are unanimous in their belief that one of the common mistakes of the market newbies lies in the desire to have it all as soon as possible. Whereas any professional knows that your way to the stable income is determined by two basic factors: education and practice. The latter doesn’t need to be explained. It is obvious that the more time one trades on a demo-account, the less money he or she will lose on the real one. As for education, it usually requires much more consideration. If we take a step back and take ... Read the full article →