Monday, January 14, 2013
12 issues that need to be known in the trade.
I know this will not be taken down in order to get people to read it. Sorry if this post is a repeat post.
One. Basics.
It is to be mentioned. Speaking to new traders. I often overlook the basics to understand. Then jump into the full course, it results in serious to them. If you are a beginner. You need to learn the basics of the trade!
Two., You will not get rich quick. The experience will make you rich.
If this is your thread because I want to get rich quick. You are showing no compass. But not naive. Trading is a matter of experience that you have much experience. You will trade better. There is a frequently asked questions such as how do you gain 90 points to 70 points, although I do not like to trade? It is because of our experience in the trade for 5 years as a powerful trading. We shall see what I see. Because of the experience. Path is the path length of the traders, so we have to prepare for the 1-3 years that we can continue to profit.
Always remember that Forex is a professional one. No quick way to get rich quick.
Three. Professionals who cheat.
Listen to the expert opinions were that good, but the problem is that money is a topic everyone likes to think of themselves as professionals, and many others who are experts in age from 30 - 60 years is not that. to be a man or a woman who likes to wear a suit to the segment that you want to be a professional trader. And ask you to buy their books, most of these people are all traders fail. Which will make money from teaching other people's threads. What a loss.
They claim to be a professional. Are as follows:.
One. Liked the old information repeatedly, it does not work.
Two. They often say that they are rich and professional traders trying to sell the book for you.
Three. They say they do not like what he did for the first one thousand dollars to a million dollars in one week or something like this.
4th. Trying to prove that they are trading at a profit. By posting your picture by photoshop.
5. I use math in order to see if it is a success. More than that, he is actually talking about, for example, but in order to gain some time. But I would say at a loss to orders.
Therefore, expert or professional a joke. Be careful not to believe what they say.
4th. Analysis yourself.
As per Article 3 of the way by other people. Will make you blind sheep. Your goal. Is to be successful traders by someone not very heavily. Manto will not let him go. As traders. You need to have a way. Steps for market analysis. And can be analyzed by itself. This will bring you closer to a professional level.
Analysis by itself will make.
One. Allow you to have confidence in yourself.
Two.'ve Learned in the trade.
If you meet someone who says he is a professional. Very heavily. What you did not play with the streaming. How do you turn a profit. If one of those professionals. Any tips. Or it does not work for him anymore. You will know whether or not they tell you why? Now they do not tell you anymore?
Five. Legendary demo.
If you want to be a professional boxer. You need to buy a boxing game I play on the Play 3 is a boxing trainer. Read it and feel it? It's like trading a demo. Then you hope. To become a professional trader.
3 months demo trading is not suitable for two reasons.
One. Demo that I made a mistake and give them a bad habit of trading.
Two. Account trading demo, we usually always better than a real money account. The option is a better example, he sent orders faster and more sensitive than many other factors.
The solution is.
Use the demo to learn the basics on how to trade. When you are ready to trade. You should only trade with real money. Which to this day. You can open an account with just $ 10, so why not trade with real money.
If you are not able to afford $ 10 a trade. I do not have to trade it better ....
6. Trying to solve the problem of loss attached to it.
This statement should be the most important in the trade. If this law say that. Traders who have not experienced success if you lose three times in a row the same distance from the chart to the laundry room and then come back with an empty brain. Trading is a very dangerous thing there is. And can lead to a big loss. This is explained clearly enough. Do not repeat any more.
7. Follow others.
Ever heard of that? Most 90% of new traders fail to know, however, it is true to say that most of your new mobile traders. Into the market. Have failed.
The secret is to think differently from most people's mouths. And trade on your own. But that does not mean that You stay away from the topic, but it means you should do everything yourself.
Learning experience. In order to be free. From the ideas of others. Try one of these ideas.
One. Traders, mainly as a rookie. But all failed.
Two., If we follow the majority. It will be part of the majority.
Three., If we were part of the majority. It will fail.
To be independent. Not a follower.
Eight. Adhere to their own.
How to trade that in any way. There's more to it. No trading method or trading how to earn 100% as to how such a average profit of 80% at some point during the year should be able to gain 60% or perhaps in the rest of the year the Ravens. I 100% washing one or two months. Should know that each year. I will have the worse. And must pay more than ever before. We must not lose faith. And also trade it anyway.
But the problem is that I will give up after only First week only. Do not leave your system when it comes to bad.
9th. Tried to make it simple as possible.
This is easy and simple!
Trading does not have to be complicated or complicate the relatively simple method of trading. The performance takes 2 -5 hours per week in a trade with the most normal life.
How to Trade the complex. And difficult to understand, which makes it easy to make.
One. Available more efficiently.
2. A must for good.
Three. Makes learning faster.
If you remember anything about this article you can not remember 10.
10th. Trading just one pair only.
The key to the door of the change itself. From amateur to professional is to make your trading. Is most common.
The easiest way is to make your trading is the most common. By trading just one currency pair and the common good. I do not believe that. I do not have it. Trading just one pair to help us since it will enable you to concentrate. And trying to learn. Those with money, so it will make you understand that. It moves me?
If you try to tough trading 5 pairs at the same time. Learning to trade will be difficult.
You will need to learn the effects of money you will need for each pair.
1. A reaction to the news. The value of money.
Two. Ratio of each pair of runs, some of them were slow, some fast-moving.
Third. Double time for different movements in one day.
4th. Need to manage in order to open vary.
As a rookie. To jump into multiplayer with this. To high pressure. And slow to learn.
So it began with a single thread when you have gain. You can trade several pairs. As you can get.
11th. Trading just Time Frame (TF) only.
Trading Time Frame same as conventional system.
Time Frame only have to look as follows:.
One. Makes you concentrate on the lessons learned in the Time Frame, so it will help minimize confusion. That comes with Learning to use a Time Frame.
Two. Allows you to view the chart. And concentrate on the analysis chart Time Frame only, so you can analyze. Effective And qualitative analysis.
Three. Helps reduce excessive analysis by viewing the Time Frame causing conflicts.
4th., It makes life easier.
Always keep in mind that all of this to make a very simple trading Trading Time Frame If you are single and double for single. As a rookie. You should not have to adhere to the above chart. Trading should be a single chart. Unless you are profitable.
12th. Chart clean.
I will put the full Indicator in their graph. When trading Indicator allows you to trade. So if we put it. This means that it is better?
Or is it, anyway?
When more experienced traders. They found that Less is better Indicator that will make you more confused the more you will make much Indicator.
One. Making messy chart. Difficult to analyze graphs.
Two. Require you to think more than usual. Your decisions and worse.
Three. Increasing conflict between the signal Indicator.
d / offer (ask).