레이블이 Forex Trading Education인 게시물을 표시합니다. 모든 게시물 표시
레이블이 Forex Trading Education인 게시물을 표시합니다. 모든 게시물 표시

2013년 11월 29일 금요일

About 'learn forex technical'|Learning Forex Trading -Part 5 - More Technical Tools







About 'learn forex technical'|Learning Forex Trading -Part 5 - More Technical Tools








Forex,               which               stands               for               foreign               exchange,               is               an               extremely               liquid               market.

It               is               much               more               liquid               than               the               stock               market,               as               a               matter               of               fact               it               is               the               most               liquid               market               in               the               world.

What               does               liquid               mean?

Well               this               means               that               there               are               far               more               transactions               than               any               other               market               in               the               world.

There               are               well               over               1.5               trillion               dollars               flowing               through               the               forex               market               everyday!

This               means               that               there               are               ample               opportunities               to               make               money               in               the               forex               market.

It               takes               a               lot               of               hard               work,               as               well               as               countless               hours               trading               on               a               demo               account               before               you               should               even               think               about               trading               on               a               live               account.

Even               after               following               these               guidelines,               many               forex               traders               lose               their               entire               account               the               first               time               they               try               a               real               live               account.

There               are               different               reasons               for               this,               but               two               of               the               main               reasons               people               lose               at               forex               trading               is               that               they               are               undercapitalized               and               they               don't               have               the               proper               mindset               or               psychology               of               trading.
               When               we               talk               about               capital,               we               are               talking               about               money               in               your               forex               broker               account.

Many               people               start               their               forex               career               with               not               enough               money               in               their               account.

What               is               enough               money?

That               depends               on               your               trading               strategy.

If               you               are               looking               at               trading               on               long               term               charts               such               as               the               daily               or               weekly               charts,               you               will               need               a               lot               more               starting               capital               than               if               you               were               to               use               the               fifteen               minute               or               sixty               minute               charts.

You               always               need               to               be               able               to               absorb               losses               and               not               lose               half               of               your               account               on               one               trade.

Money               management               is               very               important               in               any               kind               of               trading.
               When               we               talk               about               psychology,               we               are               talking               about               the               stress               and               mindset               that               affect               us               during               trades.

This               is               hard               to               work               on               while               trading               on               a               demo               account               because               there               is               no               real               money               involved.

This               is               why               you               must               treat               a               demo               account               as               if               you               trading               with               real               money.

So               many               traders               can               not               handle               the               stress               of               being               in               a               losing               position               and               deciding               whether               to               get               out               of               it,               or               give               it               time               to               turn               around               and               go               in               a               favorable               direction.
               You               must               realize               that               the               direction               of               the               market               does               not               move               in               straight               lines,               it               moves               in               waves.

So               there               will               be               price               fluctuations               you               will               need               to               endure               to               reach               your               desired               profit               target.

Many               traders               exit               positions               early,               and               they               do               not               see               the               amount               profit               they               should               have.

On               the               other               hand,               some               traders               keep               a               position               open               too               long,               thinking               the               market               will               turn               around,               and               they               lose               more               money               than               they               can               afford               to.
               When               it               comes               to               forex               trading,               it               can               be               a               really               exciting               career               and               it               can               also               be               a               nightmare.

Not               everyone               is               cut               out               for               it.

Practice               makes               perfect,               which               is               why               most               people               suggest               having               a               demo               account               for               at               least               six               months               before               trading               one               dollar               of               real               money.

Proper               technical               analysis,               fundamental               analysis,               money               management,               and               psychology               are               essential               in               having               a               successful               career               in               the               world               of               forex               trading.

Good               luck!






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    2013년 11월 28일 목요일

    About 'free forex courses'|Welcome To Idea Forex Free Articles Source







    About 'free forex courses'|Welcome To Idea Forex Free Articles Source








    Looking               for               a               great               work               at               home               business?

    Consider               learning               how               to               trade               in               the               financial               markets.

    There               are               a               variety               of               markets               to               trade.

    Stocks,               options,               futures,               or               forex(currencies)               are               the               main               ones               available               to               trade               on-line.

    There               are               many               methods               that               can               be               learned               that               apply               to               trading               virtually               any               market.

    Creating               your               own               trading               method               is               also               a               possibility.

    It               is               a               not               that               difficult               once               you               do               some               research               and               experimenting.

    Trading               is               just               like               any               other               business.

    It               requires               time               to               learn               how               to               trade.

    You               need               to               have               a               plan               formulated               before               you               open               your               business.

    Take               the               time               to               do               some               research,               study               the               markets               and               learn               a               trading               method.

    Becoming               a               successful               trader               can               offer               rich               rewards.

    This               business               is               very               easy               to               start.

    Use               your               on-line               connection,               open               a               trading               account               and               add               some               trading               capital.

    There               are               no               employees,               no               travel               and               no               boss               to               worry               about.

    Work               right               from               home               during               market               hours.

    Trade               anytime               during               the               day               you               want               or               on               any               day               of               the               week.

    You               can               leave               the               weekends               free               to               do               whatever               you               want               or               get               in               a               little               research               if               you               want               to.

    Well,               that               is               the               easy               part.

    Banking               profits               on               a               consistent               basis               is               the               harder               part.

    This               takes               some               real               life               trading               practice.

    There               is               absolutely               no               substitute               for               live               trading               experience.

    But               that               is               part               of               working               this               business;               and               you               will               want               to               treat               it               as               such               by               keeping               good               records.

    Also               keep               a               journal               of               some               kind               that               details               your               experiences.

    It               will               help               you               to               improve               along               the               way.
                   The               nuts               and               bolts               of               trading               can               be               summed               up               in               three               words:               method,               money,               mind.

    There               is               the               trading               methodology,               the               money               management               plan               and               the               mental               aspects               to               consider.

    Methodology               is               the               actual               system               you               will               follow               to               make               buy               and               sell               decisions.

    Money               management               will               involve               taking               losses               and               profits               and               deciding               how               to               use               your               trading               capital.

    The               mental               side               of               trading               is               how               you               will               treat               your               trading               results.

    Overcoming               your               fear               and               greed               tendencies               will               go               along               way               toward               improving               your               trading               outcome.

    Plan               on               spending               some               time               and               money               getting               acquainted               with               the               markets.

    Read               some               books               and               explore               various               sites               on-line.

    Do               not               pay               attention               to               all               the               hype               and               promises               of               quick               returns.

    That               is               only               a               selling               tactic.

    This               is               a               real               business               and               it               is               fun               when               done               properly.

    It               can               be               used               as               a               supplemental               income               source               or               even               as               a               full               time               occupation.

    But               not               until               you               have               mastered               your               emotions               and               learned               a               profitable               trading               system.

    If               you               have               the               slightest               inclination               to               become               a               trader,               take               the               time               to               find               out               what               it               involves.

    Anyone               with               a               little               desire               can               learn               how               to               become               a               profitable               trader.
                   The               biggest               mistake               you               can               make               is               to               jump               in               expecting               to               reap               huge               rewards               from               the               start.

    Taking               the               time               to               learn               about               the               markets               can               pay               huge               dividends               if               you               decide               to               become               a               trader.

    This               is               a               list               of               some               quality               resources               to               check               out.

    Many               of               these               books/sites               cover               all               aspects               of               learning               to               trade.

    The               listed               trading               courses               offer               a               variety               of               methodologies               and               money               management               techniques.
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                   John               J               Murphy...Technical               Analysis               of               the               Financial               Markets
                   Van               Tharp...Trade               Your               Way               to               Financial               Freedom
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                   Bill               Johnson...Investor's               Guide               to               Understanding               and               Mastering               Options               Trading
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                   Dave               Landry...Dave               Landry's               10               Best               Swing               Trading               Patterns
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    The               course               is               expensive               and               geared               toward               the               serious               trader.

    Worth               the               price               when               you               consider               all               the               other               methods               you               might               end               up               trying.
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    Lots               of               information               and               resources               at               this               site               by               Alan               Farley.
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    Wide               variety               of               related               information.

    Features               courses               from               Dave               Landry               and               Kevin               Haggerty.

    His               course               featuring               the               RS5               method               is               reasonably               priced.
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                   and               reasonably               priced               monthly               subscriptions.

    www.optionsxpress.com               Stock/options/futures               broker               with               discount               commissions               and               excellent               service.

    More               sophisticated               trading               ability               than               others.
                   There               are               hundreds               of               other               books               and               sites               to               explore.

    With               the               Internet,               you               may               become               overwhelmed               and               overloaded               with               information.

    However,               if               you               keep               a               limit               on               the               number               of               resources               you               choose               to               explore,               you               will               have               taken               the               right               first               step.

    Do               not               be               overly               impressed               with               all               the               hype               you               will               find               during               your               research.

    Make               it               a               point               to               discover               for               yourself               what               is               truthful               or               not.

    If               you               become               determined               to               learn               to               become               a               successful               trader,               let               nothing               or               no               one               dissuade               you.

    Decide               from               the               start               how               much               you               might               be               willing               to               invest               in               starting               your               trading               career.

    Learn               a               good               method,               stick               to               a               trading               plan               and               move               confidently               forward.

    You               don't               need               to               spend               a               fortune               to               be               successful.

    I               would               stay               away               from               the               many               packaged               trading               systems               that               offer               back               testing.

    These               include               Metastock               and               Omnitrader.

    Trading               is               not               as               easy               as               they               would               want               you               to               believe.

    Most               of               the               trading               systems               you               might               backtest               will               not               work               in               real               time.

    If               it               was               that               easy,               everyone               would               buy               these               systems               and               become               instant               millionaires.

    Pass               by               the               infomercials               on               TV               as               well.

    The               rock               bottom               truth               is               that               you               can               be               successful               as               a               trader.

    It               will               take               time,               planning               and               real               life               trading               experiences.

    And               your               own               heartfelt               determination!






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    2013년 11월 26일 화요일

    About 'forex trading learning'|Learn Forex trading and increase your wealth







    About 'forex trading learning'|Learn Forex trading and increase your wealth








    If               you're               completely               clueless               about               what               Forex               trading               is               -               don't               worry.

    Most               ordinary               people               who               read               something               about               Forex               feel               as               if               they're               reading               a               foreign               language.

    In               fact,               many               people               feel               as               if               Forex               trading               and               similar               fields               are               completely               out               of               their               league.

    You               might               even               feel               as               if               only               a               certain               type               of               individual               can               make               money               in               this               way               -               but               you're               wrong!

    In               fact,               anyone               can               learn               about               Forex               trading               and               how               to               make               money.

    However,               if               you'd               like               to               learn               exactly               what               Forex               trading               is,               keep               reading.

    You're               going               to               find               out               how               to               decipher               that               'foreign               language'               and               more.

    You               can               learn               Forex               trading               with               just               a               few               dollars,               a               brokerage               account               and               determination.
                   It               can               be               very               frustrating               to               know               that               there               is               money               to               be               made               in               a               field               you're               completely               brand               new               to.

    However,               this               guide               will               show               you               the               simple               steps               you               can               take               in               order               to               learn               all               about               Forex               trading               and               even               become               an               expert.

    It's               all               easy-to-understand               language               so               you               don't               have               to               know               the               'lingo'               in               order               to               continue               learning.
                   You'll               not               only               get               information               on               the               mechanical               steps               you               should               take,               but               you'll               learn               what               actions               you               should               avoid               and               which               ones               are               perfectly               acceptable.

    For               instance,               a               great               Forex               trader               must               learn               the               fine               art               of               patience               and               avoid               gambling               with               money               that               isn't               available.
                   Forex               trading               is               exciting               and               can               actually               help               you               gain               the               wealth               that               you               just               can't               gain               with               other               methods.

    If               you               think               this               information               sounds               valuable               and               interesting,               you're               in               the               right               place.
                   So               What               exactly               is               Forex               Trading?
                   Even               tiny               children               are               fascinated               by               money               -               have               you               ever               seen               a               child's               eyes               light               up               when               you               show               him               a               handful               of               shiny               pennies?

    The               great               thing               about               Forex               is               that               many               people               are               part               of               the               market               and               don't               even               know               it.

    Forex               is               all               about               currency               -               the               comparison               of               one               form               of               currency               compared               to               the               other               currencies               around               the               world.
                   Forex               trading               can               easily               be               compared               to               someone               who               visits               another               country               and               exchanges               his               currency               for               another               form.

    In               fact,               this               person               is               part               of               the               Forex               market!

    Banks               in               the               international               market               do               the               same               on               a               different               level.

    Because               of               today's               economy               and               outsourcing,               most               products               are               not               fully               created               in               one               specific               country.

    International               trade               is               one               of               the               main               creators               of               global               Forex               volume.
                   Also               increasing               the               size               of               the               Forex               market               are               global               financial               interactions,               partnerships,               buyouts               of               firms,               international               loans               and               more.

    Forex               could               be               compared               to               the               blood               of               political               or               economic               events               because               it               is               a               part               of               them               and               they               influence               the               market.
                   However,               in               order               to               experience               success               with               Forex,               you               must               have               patience               and               diligence               -               and               the               desire               to               learn               this               'foreign'               language.

    If               you               can               do               this,               you               may               experience               the               vast               rewards               of               Forex               trading.

    Investors               all               over               the               world               bring               in               millions               of               dollars               every               year               due               to               the               Forex               market               -               including               George               Soros,               who               was               said               to               have               broken               the               Bank               of               England.

    In               just               one               week,               Mr.

    Soros               brought               in               a               billion               dollars               with               the               Forex               industry.






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