There are more e-books and advice on FOREX day trading than on any other method of trading currencies. Can you become a successful day trader? Lets find out, by looking at the facts. The answer is you probably wont make money FOREX day trading and if you dont believe me …

Fear…implies anxiety and usually the loss of courage. This definition of fear is useful in helping define the issues that traders face when coping with fear. All traders have fear, but winning traders manage their fear while losers are controlled by it. Winners take positive action in spite of their …

Studies have shown that you should never risk more than 2% of your float on any trade. Why 2%? Well, in fact, many day trading professionals will tell you that 2% is too much. Theyll risk 1% or even as little as a quarter of a percent on any trade. …