In this week's Forex blog review, I will be reviewing Forextradingblog.com. The site is maintained by Mike Conlon, who also writes and maintains the MyWealth.com/blog website, both very informative, professional, and relevant Forex resources.
The following is the review I conducted with Mike:
1. Please tell us a little bit about yourself including your name, your profession, and your location.
"Name: Mike Conlon, Location: New York City, Profession: Forex Instructor with FXEDU, independent trader. I also manage the myWealth.com blog, growing it to 15,000 subscribers, as well as writing daily for forextradingblog.com."
2. How long have you been involved in the Forex market?
"I have been involved in the forex market for a little over 2 years as a trader, having transitioned over from trading stocks, options, and futures."
3. How long have you been blogging?
"I have been blogging for about 6 months. I write macro-economic pieces on forex weekly for the myWealth.com blog, as well as my daily updates on forextradingblog.com."
4. Who is your primary audience?
"My primary audience is anyone with an interest in the forex markets and a penchant for learning “outside of the box”.
5. Why should someone read your blog?
"People should read my blog because I like to mix it up a bit. Some days there are fundamental trades, other days technical. Gives the reader an idea of what I look for when I trade, how the currencies relate to one another and other markets as well. Because of my background in stocks, options, and futures, I feel I can provide unique insights and provide more of a complete picture."
6. In your opinion, what are the main advantages of the Forex market?
"The advantages of the forex market are numerous; the most important advantages to me are the fact that you can trade 24 hours a day and the sheer size of the market. The forex market cannot be manipulated like the stock market can so the moves and the trends tend to be cleaner. Which is always nice as I tend to use technical analysis a lot."
Conclusion
Both of Mike's blogs are written on an extremely high level and offer traders of all levels important information about their trading. Both the blogs have a very simple design with the myWealth design sticking to a really basic and plain look, something that forces the reader to focus on the content, which in this case, is great.
Advantages
: Both sites are updated frequently, written in perfect English, and offer great content.Disadvantages
: The MyWealth blog does not offer short text to read before clicking through to the entire article. It would help readers if they could see a preview of the article. Additionally, neither of the blogs offer new traders information they can use such as tutorials or an introduction to the market.Final Words
It is very clear from both these blogs that Mike knows his stuff and he does a great job sharing it with his audience. Like I said, new traders might not find what they need to start trading, but clearly, that is not the audience Mike is targeting. On both of Mike's blogs, you can find up to date information on the market and its developments, so I will be bookmarking the sites and referring back to them on a regular basis, you should too.
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