TEKNIK CSR100 - "Trade with the Trend"

Semuga blog ini akan memberi manafaat kepada kita semua. Segala cadangan, pendapat, idea maupun kritikan amat di alukan-alukan untuk memantapkan lagi "TEKNIK CSR100" dan saya dahului dengan ucapan ribuan terima kasih. Jom kita kongsi ilmu forex.Terima kasih kepada Sifu JGV100 kerana sudi meluangkan ilmu-ilmu forex kepada kita semua. KISS - KEEP IT SIMPLE n SMART

Saturday, May 16, 2009

8 Rules for successful Forex trading

8 Rules for successful Forex trading

If you want to succeed in Forex
, you need to experience what your doing and do it right. This is not like going up on a bike and starting to cycle. It's more like get in the driver's seat of a motorcar with an teacher at her side, help them understand the rules of the road while moving safely through the traffic. successful traders live by the 'road rules and avoid heading in the wrong way for access to the examples of the past, sometimes yes, sometimes more.

When you get a chance to go to a seminar where the success of Forex traders
are talking about, jump on the opportunity to learn all the details on what led to their succeeder. Meanwhile, follow these guidelines to get the engine and mind into the busy road of exchange operations.

1. Advice. In That Respect are thousands of people who have gone before and not so much the succeeder or seen a amount of both. Read books, collect information, the formation of free trial. The more you know and understand about the foreign exchange, the better their potential for success.

2. Not enticed to trade more than they can afford. Forex is dangerous and even the most seen brokers and traders may have unforeseen losses. The main trouble is not going beyond their means and then risk turning a loss the money needed for life, either now or in the future.

3. It is not used outsmart the market. Interpreting and forecasting of trends in the movement is something that even the professionals and had to spend years, if not decades, fathoming. Always sell to markets that are not performing and which are signs of weakness. Trying to be intuitive and make rash predictions only lose money.

4. I understand that in world is just a game. It may seem like a wrong comment, but it is necessary to obtain results that are not too serious. Considering that the next one million dollars because the man has only one triumph, and feelings can lead to more skills that you become the next Pedro Pinch cent. Have the high and low trying to avoid.

5. Draft victory away. Whatever happens in the short term must be good for the long term. Low may help you understand where it has failed, while high can help you determine what to duplicate next season. Trading
in the Forex market, you will see a multitude of changes in the market on a daily basis. What really matters is the long-term results. You must keep Chipping away from them and reinvesting its "champion" toward greater succeeder.

6. Ending loss positions. Not continually throw money into a hard trade is expected to improve. Probably not. experience out while you can. Are you sure you lose money, but the loss of "some" is better than losing everything.

7. Be controlled. When you finish your homework, stick to your system. Do not try to outdo yourself for being cocky and throwing more money into the market and just watch closely.

8. Keep a cool brain during services. Before making a transaction, you use and the assessment to decide what to do.

When trading begins, it may be attractive to include the flow of adrenaline and do more than what was planned. Stick to the plan and avoid trying to do under pressure. If you participate in exchange operations and see that it is not for you, but persevere is keep awake at night. Market volatility in foreign exchange trading
can be so intense that it could send a dizzying. Note that There are other forms of trade that is not so involving her immediate attention.

1 comment:

  1. Hey Everybody,

    "Which Forex pair and time frame is best to trade" is the frequently asked question and I want do give you the EXPLICIT ANSWER in this comment.

    Are you expecting that I am going to say something like EUR/CHF on 10-minute time frame or GBP/USD on weekly...? No, it is not so simple, but SIMPLE ENOUGH we can figure it out!

    The "PROBLEM" is that markets change over time. If GBP/USD was a well trending currency pair a few years ago, today it is another one.

    I actually want to let you know about a SPECIAL TOOL that I use to find the BEST TRENDING PAIRS among all the Forex pairs.

    START NOW: ForexTrendy

    The instrument examines 34 Forex pairs on all time frames from minute to monthly. This way you choose the best trending pair and time frame at the current time.

    GET THE SOFTWARE: ForexTrendy

    ReplyDelete

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