레이블이 Learning Forex Trading Free인 게시물을 표시합니다. 모든 게시물 표시
레이블이 Learning Forex Trading Free인 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 'learn forex trading online with tutorials'|Forex Trading Tutorial For Newbies: You As A Retail Trader







    About 'learn forex trading online with tutorials'|Forex Trading Tutorial For Newbies: You As A Retail Trader








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    2013년 11월 27일 수요일

    About 'how to learn forex trading online free'|How to Learn Currency Trading







    About 'how to learn forex trading online free'|How to Learn Currency Trading








                   The               launch               of               the               MT4               platform               for               forex               trading               has               made               trading               so               much               easier               and               accurate.

    Because               of               the               MT4               trading               platform               and               its               accompanying               MT4               Expert               Advisor               function,               a               trader's               job               is               made               much               easier               as               certain               trading               procedures               can               now               be               automated               with               mechanisms               like               MT4               trailing               stop               EA.

    The               degree               of               trading               system               flexibility               has               now               risen               as               the               mq4               language               of               MT4               can               be               used               fashion               out               additional               automated               strategies.

    The               consequence               of               this               is               that               a               trader               would               have               time               for               other               tasks               like               finding               better               trading               strategies               instead               of               just               observing               the               market               all               of               the               time.
                   A               number               of               advantages               are               attached               to               having               one's               own               MT4               trailing               stop               EA.

    It               helps               to               automate               most               of               the               tasks               that               would,               otherwise,               have               been               done               manually.

    MT4               trailing               stop               EA               assists               a               forex               trader               in               the               perfect               execution               of               his               trading               strategy,               and               makes               it               possible               for               a               trader               to               verify               the               workability               of               his               trading               strategy               by               doing               back-testing               against               historical               charts.

    It               also               helps               him               to               think               rationally               when               making               trading               decisions               rather               than               to               rely               on               emotions               for               decision               making.

    There               are               more               advantages               of               MT4               trailing               stop               than               the               ones               stipulated               earlier.

    The               MT4               Expert               Advisor               puts               a               trader               in               a               position               where               he               would               be               able               to               learn               the               essentials               and               develop               appropriate               trading               strategies               fitting               for               automation               purposes.
                   When               it               comes               to               discussions               about               forex               trade               management               and               exit               strategies,               most               retail               traders               do               not               take               long               to               lose               interest               in               such               discussions.

    This               is               how               MT4               expert               advisors               comes               into               the               picture               to               solve               the               problems               through               automation.

    But               a               trader               would               still               need               to               put               in               a               minimal               effort               to               fashion               out               his               MT4               trailing               stop               EA               that               would               take               care               of               all               other               things;               entering               and               exiting               forex               trades               at               appropriate               times.

    It               would,               however,               cost               some               money               to               create               the               MT4               trailing               stop               EA               if               the               trader               does               not               have               any               knowledge               of               programming.

    But               MT4               trailing               stop               is               well               worth               paying               for               because               of               its               usefulness.

    As               some               people               would               say,               you               have               to               invest               a               little               money               to               make               more               money.
                   Traders'               communities               provide               another               cheaper               means               of               putting               together               a               trade               management               EA.

    From               these               online               communities,               a               trader               can               get               expert               views               that               they               could               use               to               put               together               a               viable               MT4               trailing               stop               EA.

    Through               these               communities,               retail               traders               would               find               it               pretty               easy               to               have               their               own               MT4               trailing               stop               EA               developed               and               also               make               a               little               money               by               sharing               with               other               traders               in               the               community.

    You               can               easily               learn               from               the               experience               of               traders               who               are               using               trailing               stop               in               their               forex               strategy               and               seek               their               opinion               on               which               exit               strategy               is               best               to               use               in               the               current               market.



                   Author:               Warren               Seah
                   What               if               you               just               couldn't               trade               forex               effectively               with               a               day               time               job?
                   I               know               how               hard               it               can               be               to               trade               forex               manually,               but               if               you               want               to               really               be               successfully               trading               your               own               unique               manual               system,               you               need               to               learn               a               single               method               that               works               amazingly               well.
                   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:Trailing               Stop
                   Don't               give               up               hope,               it's               NOT               impossible.

    Mt4               Trailing               Stop               will               expand               your               trading               capabilities               to               greater               trading               success               learn               more               by               clicking               the               link.






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