Jumat, 01 April 2011
Currency Trading – Why It’s Harder Today Than it Ever Has Been Part 1
18.06 | 
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Currency trading deceptively simple, but only a small number of successful entrepreneurs.
This may be an odd statement is after all the communications and advanced information systems than ever before, available to more sound, but it is not help me actually hinder the search for forex trading success - here's why.
The speed of information processing
Today, all market participants to bring a large number of messages in seconds via the Internet, which creates volatility.
Of course, we all know that volatility is necessary to make money from financial markets, if there is no traffic there is no possibility of profit.
Price volatility and spikes
But the price increase is now an obstacle to the success of currency trading for many businesses.
How often does this happen?
You can take a position and moving in their own way suddenly stop hitting his rebounds and companies in the market.
Then we can really push the market back in the right direction did not think it will make big profits!
If that happened do not worry you're not alone, it happened that most sellers.
Information quickly reduced and spikes are more volatile price movements in the major trend, as never before.
So how do we cope with these problems?
The best way to avoid these common mistakes
Avoid Day Trading
The biggest myth is that currency trading success day trading you need to reach.
On the contrary, it is a guaranteed way to lose.
You can not predict short term moves, so do not try.
In addition, the inevitable losses are not covered by the profits, because you can not run. Add the cost of the transaction and you lose.
You need to trade longer term and limited, you are only trading the best opportunities and we must accept the risk.
Here's what you need.
- Sales of longer-term trends only.
- Be very selective in their listings - do not act in the interests of trade.
- Accept a higher risk!
Do not put a stop where everyone else is.
If you are unsure of your market, give the position a wide stop.
This does not mean a skin rash, but if you're in a trade to move to risk-taking is necessary to believe.
- Not really only to diversify trade transactions you think will be big gains and risk more about them.
- Do not move to leave the end to quickly return them to cope with the volatility.
- Have you reached a target income, then you can go or stop
You must be mentally able to accept big gains!
Traders who trade for small profits or trading day in most cases are bound to fail, and those who can not take the huge profits.
This may seem a strange statement, but true.
It takes a lot of courage, to the position in thousands of dollars and short-term volatility observed in the food sit in them.
If you believe in your way, talk to your trade and keep in mind that many denominations take several months or years.
They are professionals, currency trading is a success, so focus on them, and they risk to the extent possible so as not to knock the trend.
Part 2 we will detail how and how capturing large moves forward do big profits.
This may be an odd statement is after all the communications and advanced information systems than ever before, available to more sound, but it is not help me actually hinder the search for forex trading success - here's why.
 |
| Currency trading |
The speed of information processing
Today, all market participants to bring a large number of messages in seconds via the Internet, which creates volatility.
Of course, we all know that volatility is necessary to make money from financial markets, if there is no traffic there is no possibility of profit.
Price volatility and spikes
But the price increase is now an obstacle to the success of currency trading for many businesses.
How often does this happen?
You can take a position and moving in their own way suddenly stop hitting his rebounds and companies in the market.
Then we can really push the market back in the right direction did not think it will make big profits!
If that happened do not worry you're not alone, it happened that most sellers.
Information quickly reduced and spikes are more volatile price movements in the major trend, as never before.
So how do we cope with these problems?
The best way to avoid these common mistakes
Avoid Day Trading
The biggest myth is that currency trading success day trading you need to reach.
On the contrary, it is a guaranteed way to lose.
You can not predict short term moves, so do not try.
In addition, the inevitable losses are not covered by the profits, because you can not run. Add the cost of the transaction and you lose.
You need to trade longer term and limited, you are only trading the best opportunities and we must accept the risk.
Here's what you need.
- Sales of longer-term trends only.
- Be very selective in their listings - do not act in the interests of trade.
- Accept a higher risk!
Do not put a stop where everyone else is.
If you are unsure of your market, give the position a wide stop.
This does not mean a skin rash, but if you're in a trade to move to risk-taking is necessary to believe.
- Not really only to diversify trade transactions you think will be big gains and risk more about them.
- Do not move to leave the end to quickly return them to cope with the volatility.
- Have you reached a target income, then you can go or stop
You must be mentally able to accept big gains!
Traders who trade for small profits or trading day in most cases are bound to fail, and those who can not take the huge profits.
This may seem a strange statement, but true.
It takes a lot of courage, to the position in thousands of dollars and short-term volatility observed in the food sit in them.
If you believe in your way, talk to your trade and keep in mind that many denominations take several months or years.
They are professionals, currency trading is a success, so focus on them, and they risk to the extent possible so as not to knock the trend.
Part 2 we will detail how and how capturing large moves forward do big profits.
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Currency Trading
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