When we decided to continue forex business, of course, we already know that the risks of forex. Already many of many of our fellow forex traders colleagues who first carrier and imagine much immediate benefit, but should eventually lead to bankruptcy.
Therefore those of us who were still actively negotiating, let us fortify us with a deeper understanding and ability to memandangbisnis this objectively.
here are understand forex basic business we have to defend
1. the company Forex
forex trading is not the game based solely on luck to make money. To be able to profit from the forex business we need to have the analytical skills, mental ability of capital management and stable in various situations.
2. Befriend the trend
This is to follow the flow of a general trend happening . If you look in general, the market is upward, then try to find the entry point is in line with the upward trend. Do not try to follow your feeling that the market will reverse direction quickly because there is a phase-phase that must pass before the market turned direction that is a weakness.
3. Determine the pros and cons
You can not withstand continuous losses up that you lack capital and you also do not expect a big profit continued every day. Therefore, we must determine the limits where we can accept the loss .Serta determining reasonable profit margins to reach. You must use stop losses and profit targets on each transaction.
4. Negotiation has a lifespan
If you think should make a lot of money night, then you will lose a lot of money that night. Make trading last a lifetime so you can pay for your life. If today you lost, is still a future that could be better.
By a understand true, you already have half to make a profit. Because if you understand that your trading mentality becomes more stable .especially withstand adverse conditions.
Now we just need to solve the technical problems of trading. Here are some tips on forex trading related to technical problems in the trade that you can apply in your daily business:
1. Determine the peak of the trend by Bollinger bands
2. Determine the lowest point and the highest point of correction
3. How to read a candlestick
4. Determination of target profit
5. Trick win forex with the convergence theory
6. Secret generate more profit from ordinary traders
7. Tips to make a profit from market conditions are not right
8. Read the tape movement Bollinger
9. Tips to avoid losses
10. Read a candle
11. trading Tips for beginners
12. Mechanical read a candlestick
13. the basic method to read the trend
14. Defining an accurate indicator of
15. 4-way analysis of market conditions
16. determining the direction of the market with the spring theory
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Tips trade Forex above will continue to be updated to increase the coffers of weapons of your analysis so that it can facilitate you to make a profit.
Furthermore the use of business advice above, you should also use your trading strategy in any negotiation strategy .Some discussed on page lain.Jadi make sure the read.
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