레이블이 Learn Forex Currency Trading Online인 게시물을 표시합니다. 모든 게시물 표시
레이블이 Learn Forex Currency Trading Online인 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 26일 화요일

    About 'i learn forex'|I Need to Learn Online Forex Trading and Make Enough Money to Provide Financial Independence







    About 'i learn forex'|I Need to Learn Online Forex Trading and Make Enough Money to Provide Financial Independence








    Have               you               heard               about               something               like               Forex               Trading               Expert               Advisors?

    If               you               are               in               the               trading               business,               you               are               supposed               to               be               updated               on               the               technological               happenings               that               could               boost               your               business.

    If               you               have               not               heard               of               Forex               Trading               Expert               Advisors,               then               it               is               high               time               for               you               to               get               educated               on               the               same.

    Forex               Trading               Expert               Advisors               are               otherwise               often               called               Forex               Trading               EAs.

    These               can               be               great               tools               to               enhance               your               business.

    Forex               trading               EA               is               a               trading               platform               that               will               render               your               trading               process               automatically.

    This               will               help               you               to               free               yourself               a               bit               from               continuously               monitoring               the               market.

    Forex               system               will               separate               the               emotional               and               psychological               aspects               of               trading.

    The               whole               system               is               drafted               according               to               the               preferences               made               by               the               trader.

    Nowadays               you               can               find               plenty               of               forex               trading               robots.

    These               are               undoubtedly               the               best               way               to               enhance               your               business.

    There               are               many               different               kinds               of               forex               trading               EAs.

    You               can               choose               the               best               one               that               can               uplift               your               business               or               trade.

    Here               are               some               great               tips               that               may               be               useful               while               choosing               a               forex               trading               EA.
                   1.

    Make               sure               that               the               forex               trading               EA               that               you               purchase               works               round               the               clock.

    That               means               24               hours               a               day               and               seven               days               a               week.

    This               will               ensure               that               you               do               not               miss               any               trading               opportunity.
                   2.

    Ensure               that               the               forex               trading               EA               you               intend               to               buy               is               the               best               available               one               in               the               market.

    You               have               to               update               your               software               if               the               installed               one               is               old.
                   3.

    While               purchasing               a               forex               trading               robot               make               sure               that               you               do               not               spend               too               much               money               in               it.

    It               should               be               affordable.
                   4.

    Many               products               offer               a               demo               period.

    You               could               check               the               software               without               paying               for               it.

    Once               you               are               convinced               with               the               performance               then               only               you               need               to               buy               it.

    You               can               make               a               research               on               the               internet               before               purchasing               the               product               as               well.
                   5.

    You               should               check               with               the               experts               before               taking               any               decisions.

    Forex               trading               experts               will               offer               guidance               for               the               beginners               in               the               business.

    You               have               to               consult               an               expert               before               buying               the               product.
                   To               wind               it               up,               forex               trading               software               can               bring               in               a               huge               profit               overnight.

    There               are               no               two               ways               about               this.

    However,               it               can               also               bring               you               a               fair               amount               of               loss               also.

    There               is               always               an               element               of               risk               involved               in               the               process               of               trading.

    With               a               forex               trading               EA,               you               could               minimize               the               amount               of               risk               involved               in               the               business.






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    2013년 11월 23일 토요일

    About 'learn forex options'|Learning Forex Trading







    About 'learn forex options'|Learning Forex Trading








                   There's               a               numerous               choices               of               technical               analysis               trading               software,               however               don't               assume               that               every               software               provides               traders               with               effective               and               trust-able               trading               features               and               options.

    Among               several               trading               platforms,               one               shines               out               the               most:               MetaTrader               4.
                   Forex               Technical               Analysis               Trading               Software
                   Metatrader               4               offers               you               strategy               testers,               expert               advisors,               together               with               indicators,               which               allow               fx               traders               to               conduct               evaluation               tests               on               their               personal               trading               systems               with               past               historical               market               info.

    Advanced               traders               who               know               programming               will               find               themselves               able               to               write               their               trading               system               into               a               program               and               run               their               system               on               the               past               data               to               see               how               well               their               trading               system               performed               in               the               past               by               just               a               press               of               the               button.
                   To               make               things               far               more               convenient,               the               open               sourced               software               metatrader               4               have               a               lot               of               developers               creating               apps               for               the               application.

    Introducing               a               type               of               software               range               we               find               it               extremely               useful               are               tools               which               allow               the               trader               to               draw               lines               on               the               chart               and               to               instruct               the               lines               to               perform               trade               entry               and               exit               executions               automatically               when               price               touches               or               breaks               through               them.

    This               software               is               commonly               mentioned               in               the               community               called               trendline               EA               or               trendline               break               EA.

    The               drawing               of               line               is               all               that               is               required               for               the               trader               to               automate               his               trading               work.
                   Explaining               in               more               detail,               you               draw               lines               in               the               chart               manually               by               hand,               and               when               price               breaks               across               or               touches               the               line,               will               instruct               the               technical               analysis               trading               software               to               make               trade               entries               or               exits.

    This               will               effectively               frees               up               the               forex               traders'               time               to               look               at               the               computer               screen               while               waiting               for               the               signal.
                   The               drawing               of               lines               now               serves               two               functions,               to               perform               technical               analysis               and               also               to               execute               trade               entries               and               exits               from               there.

    Lines               on               the               Mt4               charts               are               not               just               a               visual               marking               tool               but               also               the               traders'               automated               technical               analysis               trading               software.

    In               other               words,               they               made               most               of               manual               forex               trading               systems               to               perform               automated.
                   Look               at               the               possibilities               of               how               one               can               trade               forex               market               in               spite               of               having               a               day               job.

    Trading               this               classical               chart               patterns               in               the               past               requires               constant               monitoring               of               the               market,               but               now               trading               these               technical               chart               patterns               on               automation               are               made               possible.
                   Time-tested               and               commonly               mentioned               in               most               of               technical               analysis               trading               reports.
                   1)               Breakouts
                   2)               Support               Levels               And               Resistance               Levels,
                   3)               Envelope               Patterns               Or               Channels               Trading
                   4)               Triangles               Chart               Patterns-               symmetrical               triangle,               ascending               or               descending               triangles
                   5)               Trading               based               on               2               stochastic               lines               and               other               oscillators               (as               a               trade               filter,               entries               or               exit)
                   6)               Fibonacci               levels               -               application               of               these               indicators               enable               forex               traders               to               make               a               profitable               entry               into               the               market.
                   Technical               Analysis               Trading               Software               Offers               Trade               Versatility
                   There               are               many               more               indicators               for               forex               traders               to               incorporate               into               their               manual               fx               systems               and               made               automated.

    Whether               you               want               them               to               work               as               a               trading               filter,               entry               signal               line               or               exit               signal               lines,               it               is               now               possible               with               the               many               automated               technical               analysis               trading               software               on               metatrader               4               or               Mt4.
                   Most               importantly,               automated               technical               analysis               trading               software               must               be               able               to               consider               the               unique               experiences               and               personality               of               the               trader               putting               on               the               trade               position-               the               'edge'               that               enables               the               trader               to               combine               objective               chart               information               with               his               own               understanding               and               experience               so               that               these               crucial               information               will               be               passed               onto               and               used               by               the               software               to               perform               key               trading               processes               like               trade               signal               recognition,               trade               entry               and               exit               and               trade               management.
                   This               technical               analysis               trading               software               will               make               forex               trading               in               mt4               works               in               a               similar               fashion               just               like               an               actual               manual               trader               trading               the               markets               (and               if               not               even               better).
                   Author:Warren               Seah
                   What               if               you               just               couldn't               trade               forex               effectively               with               a               day               time               job?
                   This               method               is               simple               to               pick               up               and               it               automates               most               of               manual               forex               systems.

    Yes,               it               can               automate               your               personal               forex               system.

    You               can               read               how               to               do               it               in               my               free               report               here:Forex               Charting               Software
                   Don't               give               up               hope,               it's               NOT               impossible.

    Technical               Analysis               Trading               will               expand               your               trading               capabilities               to               greater               trading               success               learn               more               by               clicking               the               link.









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