Home Newcomers to the market must be five moves

Newcomers to the market must be five moves

foreign exchange market fluctuations, sometimes even many experienced speculators can cashback forex calculator Onl cashbackforexpipcalculatore understand the newcomers ready to enter the army of speculation in foreign exchange, although theoretically may have been prepared, but really into the actual market, will find the word risk, it seems not as simple as the book A move: make good use of financial budget, cashback forex not remember to use the necessary funds for capital want to become a successful foreign exchange cashbackforexprofitcalculator If you want to be a successful forex trader, you must first have sufficient investment capital, if there is a cashbackforexcalculatorOnline, it will not affect your life, remember not to use your life funds as capital for trading too much capital pressure will mislead your investment strategy, increasing the risk of trading, and lead to greater mistakes Two: make good use of stop-loss orders to reduce risk when you make a trade, you should establish a tolerable range of losses, make good use of stop-loss trading, in order not to have a huge loss of losses The range according to the account capital situation, the best set in the account total 310%, when the amount of loss has reached your tolerance limit, do not look for excuses to try to throw in the towel, should immediately close the position Three strokes: learn to thoroughly implement the trading strategy, do not find excuses to overturn the original decision trading the biggest fatal wound is when you (in the loss has expanded when) began to find excuses not to admit the loss to close the position, thinking that the market may turn back in a moment in you in Remember one simple rule: dont let the risk exceed the original set tolerable range, once the loss has reached the original set limit, dont hesitate to close the position immediately. News, or other reasons, let you make a trading decision, do the transaction and then analyze, and record the profit and loss results if it is a profitable trading results, that your analysis is correct, when similar or the same factors reappear, you made the transaction record, will help you quickly make the right trading decision Five: operate with the trend, do not act against the trend to remember the old market general rule: loss parts, to be as soon as possible Another important rule is not to let losses occur on the original profitable parts, in the face of sudden market reversals, rather than closing positions in the case of no profit, and do not let the original profitable positions, into a loss situation  

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