FOREX — Dealing With Your Losses

Keep your losses as small as possible it is one of the most important part of forex trading. With small Forex trading losses, you can take more than the time when the market goes against you, and good if the trend will be placed on hold. A proven ability to absorb losses is small, to determine the maximum loss before you even open a Forex trading position.

The maximum loss is the largest amount of capital that is easily lost on a trade. With your maximum loss as a small percentage of the cost Forex trading, a number of losses will not stop the trading for some time. This is in contrast to 95% of forex traders lose money because they started to have money management rules to use their forex trading system, you will do with this money management rule.

To use an example, if I had a Forex trading float of $ 1000 and began trading with $ 100 per trade, would not experience a lot of sense to me three defeats in a row. That would be my Forex trading capital will be reduced by $ 400th It was then decided to go the next bet $ 200 because they have a better chance to win, after losing three times to think.

If the trader has $ 100, a race that will cover the next show, he would win, their capital could be reduced to $ 250 dollars. The ability to earn money are now virtually nil, because I have to make 150% on the next show, need only break even. If the maximum loss was determined, and stopped, it would not be in this position.In this case, the reason for the failure, because the dealer is probably too much money and do not apply good money management to the game. Remember, the goal here is to keep our losses as small as possible, while ensuring that capitalize on a sufficiently large profits and minimize losses to open. With your money management rules in force in your forex trading system, you will always be able to do so.

The Costs Of Trading

You may have relatives or friends who act in the markets. To do may in stocks, futures, options or currencies have. You may have heard stories of their trading partners, exciting and perhaps have aroused your interest and you wondered if you trade too much. One of the first questions that you could before the exchange: What are the costs of trading.

The trading costs depend on several factors, including the instrument and the market to trade. Most costs will be paid to your brokerage firm. You have to make their livelihood in exchange for their services.

In general, one would expect that the following costs:

  Commissions

  Slipping

  Spread

  Platform Fees

  Expense

Commissions

These costs are charged by brokers. The commission you pay is usually calculated as a percentage of the size of your company. For example, if you buy or sell $ 10,000 worth of shares, the broker may charge 1% of it. You can also charge levels: for example, if you buy or sell shares for a total market value of less than $ 10,000, then your broker can give you $ 30 If it's less than $ 20,000, the $ 50 charge can. So, if you bought $ 5,000 worth of shares, you would still pay $ 30 fee. And if you do $ 12,000 worth of shares purchased would have to pay the Commission $ 50.

Slipping

The price of a commodity is always in motion, open up the market. Therefore, if the price quoted at $ 10 a share now, does not mean that if you decide to buy, you buy these shares at $ 10 each. If you put in order and it is filled, the market price has already changed. If you had to buy the shares on your order filled at a price of $ 10.25, and you have 100 shares, then the entire cost of shelter is $ 25 (including 100 shares * $ 0.25). If you had the same spin, as you are selling, then slide the entire cost of entering and exiting the market would be $ 50 (the $ 25 * 2 trades is).

Spread

The spread is the difference between the tender offer to purchase and sale of such goods. If the buyer is willing, more eager to buy for each U.S. Dollar Australian $ 0.7500, but the more eager the seller is willing to order it for $ 0.7510 per sale in Australia, then there is a spread of 10 pips. These 10 points are referred to as a spread. If you bought 100 000 USDS, the distribution cost would be $ 100 Australian. (Pips are discussed in the book. Part-Time Currency Trader)

Platform Fees

Some brokers will charge you monthly to use their trading platforms.

Expense

These include costs associated with your business training, how to buy books, commercial software, data subscription, and so on.

Some people can 'brush', as these costs are due to the low cost of fun, as well as the coins are put into slot machines. However, if you want to trade as a business look, you need to reduce to a minimum and ensure that you spent for every dollar in order to secure the long-term survival.

How To Get Started In FOREX Trading

Great players such as national central banks and corporations involved in Forex trading in the Past. But In 1980 the rules were changed so that small investors to participate with margin accounts. Margin accounts are the reason why Forex trading is becoming popular. With a 100:1 margin account, you can control $ 100,000 investment of $ 1,000.

Learning curve

Forex is not easy, though, so you need to make some wise decisions about investment. While it is relatively easy to start trading in forex, there are risks.Your first step for a beginner should learn a lot on the market before risking a dime.

Find Broker

Forex traders usually require a broker to handle transactions. The brokers are reputable and large financial institutions such as banks. Reputable agents will be registered as a Futures Trading Commission (FMC) Commodity Futures Trading Commission (CFTC) as protection against fraud and misuse of registered trade practices.

Open an account

Open a Forex account is as easy as filling out a form that is also detected. The form includes a margin agreement that the broker is working with the state trading as too risky. This is in the interest of the broker, as is the transaction with the money.

Once you have an account, you can start to trade and finance.

Many providers offer different accounts that the individual investor needs. Mini accounts allow you to trade Forex for only $ 250 to participate. Standard Account, a deposit of at least $ 1000 to $ 2500, depending on the broker. Leverage depends on (how much money you borrow, you can use) the type of account. Conti lever at the top will give more money to a trading investment.Trades are commission free, meaning that you can do a lot of shops in a day without worrying about high costs for a medium of. Brokers make their money on the "extension" the difference between buying and selling prices.

Trade Paper

Since traders are strongly advised to become familiar with FOREX doing "paper trades" for a while '. The card transactions are transactions that exercises the royal capital. They allow you to see how the system is learning to work with different software tools most Forex brokers.Most of the online broker demo accounts that allow a to be exchanged on paper up to 30 days. Every investor should use the new forex demo account at least, consistently show profits.

Forex Software

 For making transactions evaery broker has their own set of software tools, but some tools are common to all Forex brokers. Real-time quotes, news feeds, charts and analysis, and profit and loss analysis are some features that you see on the Web, you can expect most of the online brokerage sites.Almost every broker operates on the Internet. To access online brokerage services, you need advanced computing, high-speed internet connection and operating system updates. When you set up your account, you can access them from any computer simply enter your username and password. If for any reason you can not get on the computer, most brokers use the telephone company.

Forex Trading Platform

As the name suggests, the Forex trading platform, a place where you can sell and buy the forex. It can also be called the forex trading stations. All forex trading financial companies, banks, traders and brokers will have its own shopping center. These currency trading or forex trading hubs use sophisticated software that can perform different types of analysis, such as technical and fundamental analysis. At the same time generate data that are both numerical and statistical bases, such as graphs, pies, regression data etc.

Ticker This line is constantly updated and gives the buy / sell exchange rate of major currencies in pairs.In most cases the trading stations and platforms, real-time streaming of stock online.  Forex dealers or traders also maintain fixed spreads on major currencies around the world that are constant, regardless of the changing financial markets. Most commercial stations offer the following

Real-time streaming of major currencies in pairs.

Prices that are competitive

Fixed spreads 3-5 pips

Security prices in the currency buying and selling signals position

Another factor in the forex trading is that the greater the credibility of the institution, or forex, they have better access to market information and competitive prices. It is also in business meetings, participants and investors prior to use. They should have better access to interbank prices and therefore the costs of implementing trading currencies would be better. Currency trading software offers the following in most cases

Real Time Streaming rates currency pair. You have access to appropriate boxes to confirm the sale or purchase of the required currency.

Allow connection to the margin account currency, which means that you can have more purchasing power means less investment.

Immediate confirmation of the purchase / sale of foreign currency. Of course, the cost would be deducted from your account. It is almost the same time and in real time.

This currency trading software that displays real-time gains / losses that you have made in the currency of the transaction.

Investors must make sure that if you subscribe to these currency trade software, they are the terms most trades can be subject to rules and agreements that can be drawn between the client and Web / currency trading company.

There are options which can reduce or even stop the open orders. It may also be repealed or amended later in the forex trades. Reports on all foreign exchange transactions in foreign currencies and may also be generated. These reports may take the form of monthly / out of the week. You can print these records or download them for later. There are many combinations and permutations that are possible. Depending on the forex trading packages that provide for each forex trader or financial company, the stations are located in the forex trading positions that are different.

Trading Currency Through Online Forex Brokers

The forex market is the largest market in this world.In agent on the market and can also advise on strategies for forex trading. This advice to clients often extends to technical analysis and research approaches to improve the institutional forex clients are generally aligned trading.Financial more influence in the foreign exchange market by the volume of high value and long-term currency trading Forex. Historically, banks have a monopoly on access to foreign exchange markets, but through the internet and the exchange of each speculator can also enjoy 24-hour access to the market through a forex broker.

Secure web connections today allow many forex traders from home and decide what information is available to do the news and technical advice to other sites such as FX. Similar steps are also brokers who move to the banks and other traditional instruments.

Needs influence the choice of brokers in the foreign exchange market. Online forex brokerage known as the home to learn the news forex market with detailed research, consulting and simulation and the use of tools for trading in foreign currencies. Dealing with currency traders advanced online is by brokerage firms other, with good advice, but in the forex is not for the forex trading and education on the assumption that an informed decision based hit, is you try the Internet different many of the tools and Broker Forex Trading the best solutions for your needs.

Forex deadly mistakes that ensure failure

if you are going to engage with Forex trading  you should be aware of some things, do you think if you fail, can it be? This Forex training guide will help you track the most costly mistakes Forex traders.

First, make sure you do not need the trading system. When the trading system can increase the chances of success. If you have a system, you have a goal to get in and out of the market. If the merchants of the trading system created by them to think objectively, because there is no stock at that time. If there is no work, no money at risk, if there is money involved, think objectively and are open to all possibilities, so we will be able to find business opportunities in low-risk. So make sure you do not have the trading system and the random approach.

If you have already created their own system and not followed, undisciplined. If you run, there is a chance that you have made the foreign exchange market based on market opportunities to profit. If you're not your job, it is unruly.Not to get educated. Successful companies have a very good market they trade (stocks, forex, futures, etc.) If you're trained, you could with the knowledge and experience needed training will acquire control over the foreign exchange market. Reading do not register the foreign exchange market, forex training programs, and does not even look at historical maps.

Do not use all the means of money management. Goal of money management is to avoid the risk of loss, but at the same time, it will help you increase your income grows geometrically. For example, when there is no money management technique is a way to lose 10 trades in a row, you can clear the business accounting. Easier On the other hand, using the techniques of money management, you can avoid it. Therefore, make sure you do not want, do not even consider money management.

Forget about psychological problems. You need to get all of the companies will win. Successful companies know they must win all the shops take advantage of the market. This is a feature that hard to understand and really apply. Why? As we have learned as a child, that all the figures are less than 70% of the wrong number. In currency trading environment, this is not true.

Do not even consider the risk of (RR) is greater than 1-1. If you use the (willing to do twice the risk of the trade) RR ratio of 1-2, you only need a system that is 50%, the money is. If you (willing to risk three times the amount of trade) RR 1-3 ratio to happen, so we need a system, which is 40% of the time to make money. So be sure to be a RR ratio of 1-1.Described each item in this Forex training guide, you will almost assure you that your forex trading journey. Do the opposite and you can get what looks for all operators: consistently positive results.

Choosing the Right Forex Broker

Sometimes it is hard to open a decision on the forex broker on our trading account, it is easy to make too many of them. Most of them have different qualities, abilities, weaknesses and benefits for this reason, I can use a checklist to help you in your forex broker adventure has created.
1st Is it regulated?

The first question one must ask: Is the broker I would like to use regulated? There should be no doubt about the first point. All regulated brokers are required to submit financial reports to regulators, and if they do not, the authorities have the right to terminate their membership or a fine. This will force Forex brokers to keep transparent financial reports.Regulates brokers by their local regulatory authorities, should be, for example, for brokers in the U.S., they must be regulated by the NFA (National Futures Association) and CFTC (Commodity Futures Trading Commission), based in Switzerland must be covered by broker FDF (Swiss Federal Department of Finance) and so on.

Even if a forex broker is regulated, it allows investors to any conflict, the rise in investor protection.
2nd Terms and Conditions

This point relates to functions trading platform and the terms and conditions with the selected broker. Has been key factors:

Spread - Obviously, the smaller the spread on currency pairs, the better conditions for investors and traders.

Broken Trading - Some brokers may at a fraction of investors and traders based on trade, instead of trading full lots "100,000 units" or "300,000 units" so you can "163 345 units" or "325 911 units of" trade . This is very useful to the risk of trading certain percentage of their balance on each trade.

Execution Platform - Trading Execution refers to how quickly and consistently carry out business. Some brokers provide a fast and transparent execution in normal market conditions.

Security of funds - We must ensure that our trading partners means in a segregated account or at least is assured with.

Six Steps to Success in Forex

Step 1 Choose an online Forex Firm
What are you looking for an online Forex Firm:

1st Low spreads.
In Forex Trading the 'spread' is the difference between bid and
The sales price for each currency pair. The lower the spread saves
dealer money. Most firms offer 4-5 pip spreads in the Major
Currency pairs. The best companies offer clients 3-5 pips.

2nd Low minimum account openings.
For those who are new to the industry and for those who do not
Thousands of dollars in venture capital to trade, to open
Mini trading account with only $ 200 is a great feature for new
Dealer.

3rd Instant automatic execution of your orders.
This is very important when choosing a Forex firm. To immediately
To view your orders and the price and "click" is the price
You should get. Do not settle for a company that you re-quotes when
At a price or a firm price for the "drop", then made possible. This is
very important when trading for small profits.

4th Free mapping and engineering analysis
You need a company that gives you the best mapping and technical access
Analysis available to active traders. The company I recommend is
Customers free professional mapping services and even allows traders
Trade directly on the charts!

5th High leverage
You want high leverage-the ability to deliver a large volume with a small trade
Margin Deposit. Some of the best firms offer .25% or 400:1 leverage.

6th Hedging Capability
They want the flexibility to open positions in the same currency pair in
opposite directions without them eliminating each other, and without
Increasing margin!

Forex Market hours

Time zone New york GMT

London open 3:00 AM 8:00
London close 12:00 PM 17:00

New york open 8:00 AM 13:00
New york close 5:00 PM 22.00

Tokyo open 7:00 PM 0:00
Tokyo close 4:00 AM 9:00

Forex strategy

System strategy used by professional trader

1. System name : Daily swing
Time Frame : 15 and 30 minute
Indicator : EMA 5
EMA 10
RSI 14
Stochastic 10,3,3

Buy signal if : EMA 5 Cross over and above EMA 10
RSI must above 50
Stochastic Turned up

Sell signal if : EMA 10 Cross over and above EMA 5
RSI must <50> 50
MACD Crossed and must >0

2. System name : MACD strategy
Time frame : 5 minut dan 15 minut
Indicator : WMA 5
WMA 13
Slow stochastic 8,3,3
RSI 13
MACD 3,34,7

Buy signal if : WMA 5 cross over and above WMA 13
stochastic turned up
RSI > 50
MACD Crossed and must >0

Sell signal if : WMA 13 cross over and above WMA 5
Stochastic turned down
RSI <50>
MACD and histogram intersection <0 3 System Name: chandlestick strategy, did you just chart can tell you when to buy and sell with simple clicks. When I look I look thr chandlestick table, if the card is upward, and this trend will be advertised. the chandlestick show you the pattern. only 3-chandler you can buy or sell before telling your ad. If you want the strategy to understand you and to save, use your memory to some of the patterns. chandlestick download e-book e-book download area. enjoy ....... All trading strategy to make profit if you use discipline, this strategy because decipline is a key to being a succses have. 4th This strategy was essential strategy to avoid using too tehnical analysis, but the fundamental analysis used alone. This strategy is useful only if the message is that this message may be changes in the market (basic message) to do. News has two prospeck good and bad news. But that message is one you have been given good news. The first step is that you can read messages from the currency in which you shop. For example, USD rural America, you must read, an American news. Bloomberg, forex factory, and the other is a site that you have some news (Forex Calendar / routine news) have on that day. But you must understand that news, bad news or good news for the Currence. the same function of moving messages to the market, you can download at this point in the download area. but the small buttons are: 1 Interse second rate Unemployment Reports 3rd 4th Fed Speeches Consumer Price Index (CPI) 5 Gross domestic product (GDP) 6 monetary 7th Treasury Budget eighth Producer Price Index (PPI) 9 Retail 10th Internatonal Trade

Is it possible to return 100% on Capital

What is your opinion on this issue. Is it possible to get a return of 100% each month on your capital by trading forex.For Example: You have $ 1000 in your forex account. Each month, your profit is $ 1000 + +. Is it possible to do this by trading in foreign currency. If any of you out there can do, you should here.Just after your result to see if it is possible to do or to get them every month.

Forex Free Signal

Everyone likes free stuff. So for me, but I would like free stuff too. In the future I will put Forex signals free in this blog. Before buying any person in the free forex signal, I would caution not liable for any winning or losing with everybody signal.If Forex for free here wanted to see what signal I give here is an example . Indeed, in the sign of GBP / USD gave more than 300 pips. Trade happy.

Momentum,Timing and Trend

Technical analysis of currencies. Three factors must be properly identified and their use. These trends, impulse and momentum.

trend
The trend is the tendency to strive for real. If the trend is the growing price increases, and vice versa.

Momentum.
Momentum is the power of motion. The stronger the stronger the urge to move. After the pulse is the opposite.

synchronization
The moment of entry. Write only if the benefit-risk ratio as well. Otherwise, stick to the better.

How To Make Money from Forex

In the foreign exchange market to buy or sell currencies. Place a trade in the foreign exchange market is simple: the mechanics of a trade are very similar to those in other markets (like the stock market), took place so if you have experience in business, you should be able to pick up pretty quickly.The purpose of trade is to exchange one currency for another in the hope that the price change so that the currency you have bought, the value is compared to the selling of you enhance.

How to Read Forex Quote

 Always Currencies trading take place in pairs like EUR / USD or USD / CHF. The reason they are quoted in pairs, because in every foreign exchange transaction simultanesouly you buy one currency and sale of another. An example of an exchange rate of sterling against the dollar:

GBP / USD = 1.7500

Currency on the left side of the slash ("/") is the base currency is called (in this example, the British pound) and on the right side as a free quote currency or currencies (in this example, the dollar is American).

When you are buying, the exchange rate, how much you pay in units of the quote currency to buy one unit of base currency. In the above example, you have to pay $ 1.7500 to buy one pound.

When selling, the exchange rate specifies how many units get the quote currency to you on the sale of one of the base currency. In the above example, you get 1.7500 U.S. dollars when you sell 1 British pound.

The base currency is the "basis" for the purchase or sale. If you are EUR / USD buy this simply means that you buy the base currency and simultaneously selling the quote currency.

You buy the pair if you believe the base currency will appreciate against the quote currency. They sell the pair if you think the base currency will depreciate against the currency count.
Long / Short

First you must decide whether to buy or sell.

If you buy (which actually means buy the base currency and sell the quote currency) want, you want the base currency to rise in value and then sell them at a higher price. Tell dealer, it's called "going long" or a "long position." Long = Buy Remember.

If you sell (which actually means sell the base currency and buying the quote currency) want, you want to drop the base currency in value and then buys it back at a lower price. This is called "going short" or a "short position". Short = sell.
Bid / Ask Spread

All Forex quotes include a two-way price, the bid and ask prices. The offer is still less than the asking price.

The auction is the price at which the dealer is willing to buy the base currency in exchange for the quote currency. This means that the offer is the price you sell to dealers.

The installation is the price at which the dealer sell the base currency in exchange for the quote currency. This means that the demand the price that the dealer you buy.

The difference between bid and ask price is popularly known as the spread.

Let us look an example of a trading software:

    In this quotation EUR / USD, the price is 1.2293 and the ask price is 1.2296. Watch how the broker makes it so easy to sell for you, get out your money. If you wish to sell in Euros, click on "Sell" and you sold Euros at 1.2293. If you want to buy the Euro, click "Buy" and you can buy euros at 1.2296.

In the following examples, I use fundamental analysis to help us decide to sell or buy a particular currency pair. If you are still asleep during your economics class or just skipped class just full-throttle economy, do not worry, we address basic analysis in a later lesson. At the moment, try to pretend you know what happens.

What is Forex?

Foreign exchange (Forex) is the arena where a nation's currency is replaced by another. The forex market is the largest financial market in the world with the equivalent of more than $ 1900000000000 changes hands every day, more than three times the amount of equity along U. S. and Treasury markets. Unlike other financial markets, the Forex market has no physical location and no central exchange. The company has a global network of banks, corporations and individuals trading one currency against another. The lack of a physical exchange enables the Forex market on a basis of 24 hours lasted from one area to another in all major financial centers.

Forex is gaining popularity because of its availability via the Internet and the latest high-speed Internet. Some people have a life out of currency trading. It is not easy, but we all have to start somewhere. Here you will find information on forex trading, forex broker, forex signal, forex chart, technical studies and the baseline study on foreign exchange and be much more.