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The bankruptcy of GFX Markets

Posted on26. Jan, 2010 by Bryan.

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This is a guest post by Bryan from www.forexfraud.com
Forex trading has more than its fair share of scandals, yet the average newcomer is hardly knowledgeable about the great dangers involved in the process of choosing a broker. In this article we take a brief look at the case of GFX Markets in order to remind [...]

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Optimize Trading Strategies

Posted on26. Jan, 2010 by admin.

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Traders often tend to look for highly complicated trading strategies, and end up with a cluttered screen which might make things more complicated than they truly are. Keeping things simple can be beneficial in many ways, but often simple trading strategies needs to be tweaked one way or another to be profitable. The owner of [...]

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14 Cool Forex Freebies you should Know About

Posted on24. Jan, 2010 by admin.

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I have posted about most of these before, but I thought I would sum it all up in one post. These are great resources for forex traders, and they are free. Check it out and throw a comment. Do you have any additional ones we should know about? Feel free to share your thoughts. [...]

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4xMillion – A 4xProject

Posted on13. Jan, 2010 by admin.

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4xMillion is a new website created by the founders of 4xProject. 4xProject is a website devoted to testing new expert advisors; they are testing a large number of different EA’s and the page is a good source of information, if you consider buying one. 4xMillion is a new project, where the goal is to turn [...]

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Random Noise

Posted on31. Dec, 2009 by admin.

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It’s the last day of 2009 and probably the last post of the year. It’s been an interesting year with a lot of new things taking place in the trading environment. In one of the upcoming days I will write more about what has been happening here at TradeProfits and some of my plans for [...]

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Investimonials – A Review Site from Timothy Sykes

Posted on25. Nov, 2009 by admin.

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Timothy Sykes is a well-known pennystock trader. I have mentioned him several times here on TradeProfits before. Last night I got an email from Tim about a new site called Investimonials. The site looks cool, and navigation is easy. At the moment, there are more than 3000 financial “products” added to the site, just waiting [...]

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Don Steinitz’s HAS MTF Hedge EA = ForexRobotNoLoss?

Posted on18. Nov, 2009 by admin.

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Casey Lim from Best Forex EA has made a great post about a new EA called No Loss Robot. He argues that this new EA shares many similarities to Don Steinitz’s HAS MTF Hedge EA. In fact they seem so similar that it looks like an exact copy! I love the way he outlines all [...]

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Build Your Own Expert Advisor

Posted on23. Oct, 2009 by admin.

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With new Expert Advisors coming out almost daily, it can be a rather tough task chose the right one. All of them claims to make you rich within the end of the week, and yet I am still to see one that consistently makes profit. Although some of them might be profitable, they often have [...]

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Contest over at ForexPeaceArmy – First Prize of $1000

Posted on20. Oct, 2009 by admin.

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The guys from ForexPeaceArmy are hosting a new contest where you have the chance to win some dollars. Here is the lineup of the prizes:
• First place will be $1000 (1 prize)
• Second place will be $500 (1 prize)
• Third-Fourth place will each be $100 (2 prizes)
• Fifth-Seventh will be $50 (3 prizes)
• Special Prize! will be $150 (1 prize)
[...]

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How many trades can you afford to Lose?

Posted on30. Sep, 2009 by admin.

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A common mistake by forex trader, specially news ones, is to underestimate the value of good money management. I sure did this for a long time as well. Using too much leverage on trades is something which will wipe out your account in no time! Often I even see traders apply some level of a [...]