Skip to main content

Forex Invest


Many noive trades gert taken out and the market goes back in the direction they predicted.

So how do you prevent yourself getting stopped out in Forex trading and saty with the longer term trends.

 Hare are some tips:

  1. Use a breakout method to trade
 Trade only significant, valid breaks of critical support or resistance.

Stop placement is obvious on these trades and the odds are I your favour, If momentum goes with the breakout.

  1. Don't trail your stops to soon.

Another common errror is for trades to trail stops up to quickly and try to lock in profit, however all they do is manage to get stopped out.

The above are some ways to get around getting stopped out to soon.

Any trader trading the Forex markets needs to have an in depth understanding of volatility and how to deal with it.

You need to know about standard deviation of price and will be the subject of part2 of this article, combined with some indicators you can use to enter when reward is high and risk is low.

Please share and care


Comments

Post a Comment

Popular posts from this blog

Water the Elixer of life .

  Water the elixer of life. Summary of the lesson. This lesson has been written by Sir. C.V. Raman. He has emphasized on the importance of the world's most common liquid. Man has been searching for an  imaginary elixir  of life for ages - but the true medicine is very near to our hands; it is the simple  water . He draws example of the  Nile valley  civilization to show how one side is the most fertile land on the earth while the other is a sea of  billowing sand  without a speck of green. Nile river is the life-giving waters that has created and sustained the whole country of  Egypt .   Water adds beauty to the countryside, be it a small stream or the  rainfed tanks  that are a common sight in South India. These tanks store the silt-laden water full of nutrients and minerals which are  precious  to the crops. But they are often  neglected  and not properly maintained. Swiftly f...
Post a Comment
Read more

Develop your personality.

                                                                                   DEVELOPE YOUR PERSONALITY           Personality is nothing but the aggregate conlomeraton of memoris and incidents in an Individual's entire life span. Enviromental factor,family bqackground ,finacial conditions, genetic factors,situtions and circumstances also contribute to an individual's personality.   In a laayman's language,how we behave in our day lives reflects our personality.How an individual behave with a trubled chilhood would not up easily. He/she would always hesitate to open his heart in front of others.Some kind of fear would always be there within him.An individual who never had any major problems in l...
Post a Comment
Read more

Examples of Personality Traits

Before you can define who you are, you have to first understand some examples of personality traits. These can be determined by our actions, attitudes and behaviors. To help you discover your own personal traits ask yourself the following questions. . How would I described myself? . What brought me joy as a child? . What brings me joy now? . What's my biggest accomplishment? . What's my biggest dream/ . What's my biggest fear/ By popping open your journal and recording the answers to these questions, you can use the information to discover your true personality. Let's dive a little bit deeper.   Examples of positive Personality Traits   Some, if not most, of your personality traits are likely to be positive. For example: . Being honest and taking responsibility for your actions are admirable qualities. . Adaptability and compatibility are great traits cab help you get along with others. . Drive and determination will help you ...
Post a Comment
Read more