Sabtu, 26 Maret 2011
The Best Forex Advice
12.20 | 
Diposting oleh
Admin
If a trading strategy that makes money, you will find all the information you need online for free, but you also have the mentality of a winner. In Forex trading, it is your mindset that determines whether you are a winner or loser, will - yes, where did you get the best advice forex mentality of a winner get?
Instead of buying automated systems that do not work, learn all the basics for free and then buy some books from major retailers and the true reality of what is necessary to succeed in forex trading to see.
A great couple of books every trader should be read Market Wizards and New Market Wizards, who are Jack Shwager. These books have interviews with some of the best traders in the world and explain how they make money. If you read the books, you see the reality of trading and what it takes to find for the win, is quite different from most of the materials you read online says - Forex trading is simple and you can make large profits without losses.
As one of the largest exchange operator Aliens (Bill Lipuschutz) said - you know how to make money only 30% of your transactions and to make it because of the work to win the majority of forex traders best less than half of their trades. Instead of winning the most of your transactions, the real goal is to be - compared to the size of winners and losers.
The real reason why forex trading is so difficult - you need to take more losses than gains, and for this reason that you should keep small losses. This causes problems for many retailers simply no discipline.
All those interviewed by Shawager, you win the point, but only with the right attitude, keep a decrease of market forces and the possibility of losses under control at all times, can.
You can not beat the market and as true today as when the books were written. You need to guard against the market and take your losses and leave. Every trader knows, however, the market will also give you good gains and the minority of winning trades easily cover your losses, because it is so large compared to your losers.
Instead of buying automated systems that do not work, learn all the basics for free and then buy some books from major retailers and the true reality of what is necessary to succeed in forex trading to see.
A great couple of books every trader should be read Market Wizards and New Market Wizards, who are Jack Shwager. These books have interviews with some of the best traders in the world and explain how they make money. If you read the books, you see the reality of trading and what it takes to find for the win, is quite different from most of the materials you read online says - Forex trading is simple and you can make large profits without losses.
As one of the largest exchange operator Aliens (Bill Lipuschutz) said - you know how to make money only 30% of your transactions and to make it because of the work to win the majority of forex traders best less than half of their trades. Instead of winning the most of your transactions, the real goal is to be - compared to the size of winners and losers.
The real reason why forex trading is so difficult - you need to take more losses than gains, and for this reason that you should keep small losses. This causes problems for many retailers simply no discipline.
All those interviewed by Shawager, you win the point, but only with the right attitude, keep a decrease of market forces and the possibility of losses under control at all times, can.
You can not beat the market and as true today as when the books were written. You need to guard against the market and take your losses and leave. Every trader knows, however, the market will also give you good gains and the minority of winning trades easily cover your losses, because it is so large compared to your losers.
Label:
The Best Forex Advice
Langganan:
Posting Komentar (Atom)
0 komentar:
Posting Komentar