Forex Trading Coffee

Although coffee is a commodity, the humor here is that you don't trade it on the Forex, but have you tried trading the Forex while having your morning coffee?

Warning... consuming coffee while trading may cause you to become too anxious to either enter the Forex market, or to make your exit. You may find yourself opening and closing trades at the wrong time simply because you're running on coffee - lol. Just a fun thought for the day.

Forex Traders Under Capitalized

Some of you know that I've been experimenting with Forex demo accounts, and that I'm in the process of determining which Forex Broker I'll go with - or not at all. During the process of learning from the demo accounts, I've come to understand that under-capitalization really is a killer! I've blown multiple $3,000.00 and $5,000.00 dollar demo accounts due to the fact that it is simply too little money to trade with. At the same time, I'm fairing well with a $10,000.00 forex demo account. (Good thing those were only demo accounts and only play money that I blew! LOL!)

If you're learning how to trade the Forex and think that you're a bad trader, perhaps it's really about being under-capitalized. It's very important to understand account values and lot sizes before you open a live Forex account, so you begin with the proper leveraging! Happy trading - or Happy Demoing!