bisnis online

Saturday, August 6, 2011

FOREX (Foreign Exchange)

Forex trading is a kind of a trade or transaction currency of two country whose values ​  change every time,currency values ​​that's change between the two countries that has became the basis of obtaining  trading profit,Forex trading an investment in the sector financial are classified as the high risk-high return investment,if you don't like risk then Forex trading isn't suitable for the type of your investment, this is because Forex trading is an investment that has a very rapid movements in liquidity as well as the movement of price.
the logically, Forex trading can bring you earn a profit of tens to hundreds of percent in one day but it can also bring you lose the same amount.
if you are a risk taker, then the Forex trading is the type of investment that fits with you, in the sense to earn large profits, so he must be ready to bear the potential losses that large equal,but we can minimize the potential risk loser,with risk management and analysis capabilities is a good key to avoid losses.
if you run the risk management and analyze the movement of market prices,can smaller the potential loss that can ensue,because Forex is a business that requires patience, practice analyzing the market, and risk management,if you often more practice,you will be more proficient in analyzing market, you will not work for money,but money will work for you.
continue to learn and Increase your knowledge in Forex trading, learn strategies from forums and other traders, learn money management, trading psychology, and others, although you always succeed in your trading.
for Forex trading, make sure the funds you invest more funds that are unused because if you lose that investment funds will not disrupt the stability of your life, because Forex trading has the possibility of losing funds 100%. in trading used at most 10% of the equity you have, for example money in your account is US$ 2000, use at most US$ 200 for trading, the remaining US$ 1800 to keep your capital, if the price moves in the opposite direction lest your margin is close to zero,because if it reached zero all your open positions one by one will be closed automatically or forcibly exposed to margin calls by brokers, that means you will lose big if the funds / margin isn't sufficient.
Always use a stop loss facility (cut loss) and the limit to limit the losses and gains, stop loss to limit losses that might occur in our position when things go wrong in predicting price movements so as not to cause even greater losses, with no set stop loss then all your funds will be depleted due to a margin call, always put a stop loss of 2% or a maximum of 5% of the equity to limit losses, for example, if the money in your account is US$ 2000 put a stop loss of 2% (40 points) or below it depending on the risk management you and a maximum of 5% (100 points). while the limit is useful to determine at what price we want to take profits.
use the facility demo account for sufficient period of time before starting the real account, until you feel proficient and ready to real accounts, demo accounts provided by brokers with the goal of providing an opportunity for you to learn Forex trading with virtual money but with the actual values ​​just like trading FOREX real, on a demo account you will be given a large sum of money in order to perform sell-purchase or any other facility in provided a platform,select a trading strategy that suits you, first test (back test) with a demo account for a month, see the results whether to give a high probability profit or even loss probability is very large, the key to success in trading is, patience and discipline to the strategy that you have believed, avoid self-aggrandizement, fear, and sense of impetuosity to immediately avenge the defeat.

No comments:

Post a Comment