Finally I am back to forex site that I have created since 2006.
Now I can offer to people who interested to invest in forex
3% monthly on your investment
4% monthly on your investment
5% monthly on your investment
If interested personally skype me: mygoldvest
I will let you know how to go about it.
The whole process is very safety.
Tuesday, August 25, 2015
Friday, June 29, 2007
Forex Trading Tips
TIP 1 Read both the books by Mark Douglas which cover trading psychology BEFORE you read or do anything else. If you don’t, I’ll say I told you so when you hit a failure barrier and don’t know why.
TIP 2 Stop loss policy - you MUST have one and practice, more practice and even more practice at sticking to it. It will not be easy but it is an essential discipline to profitable trading.
TIP 3 Trading plan / system. Again, you MUST have one! Then you must practice sticking to it. Do not try and second guess or trade against your indicators - wait until they give you a concise signal before acting on it.
TIP 4 TRADE WITH THE TREND. DO NOT trade against the hourly trend of the market unless you are VERY certain the market has turned. Check this by watching a long term moving average (say 80 SMA on 15 minute chart)
TIP 5 Learn to sit on your hands and not trade! It’s better to wait for good quality trades than take a mediocre one and loose money. A day of no trades is better than a day with one loosing one. If you don’t like the market, just walk away. It will always be there later.
TIP 6 Don’t set yourself false targets and expectations. Trading is not an EXACT science and if you do you will only become frustrated by your failure to meet them. Take what the market gives and be satisfied. Greed will kill you as a trader, both mentally and monetarily. .
TIP 7 The market is rarely your friend in a trade that goes against you. Cut your losses quickly and accept them as an inherent part of trading. You will not be able to trade without some loosing positions. Manage them well!
TIP 8 Try hard not to get out of profitable trades too early. Try operating a trailing stoploss of say 15 to 20 pips behind the trade (on 5 minute timeframe) and maximise your good trades by letting them run. Be patient!
TIP 9 Ensure you fully understand how to generate and use pivot points and camarilla points on your trading platform. These are crucial decision points for daily trading and you will struggle without them.
TIP 10 DO NOT overtrade your account. Read up on money management in trading to make sure you fully understand why this is important and develop a strategy which fits with your personal trading capital. NEVER risk wiping out your account because believe me, it can happen. I’ve done it twice myself!
TIP 11 Learn about FIBONACCI levels and how to apply them to your charts.
TIP 12 Keep your trading system simple. Do not have too much information on your trading screen. It is unnecessary and will only cause you to be confused and delay you making your trading decisions.
TIP 13 Always think in terms of probabilities. Trading is all about thinking in probabilities NOT certainties. You can make all the “right” decisions and the trade still goes against you. This does not make it a “wrong” trade, just one of the many trades you will take which, through probability, are on the “loosing” side of your trading plan. Don’t expect not to have negative trades - they are a necessary part of the plan and cannot be avoided.
TIP 14 Ensure that the candle is fully formed on the timeframe you are trading BEFORE you enter your trade. Trade what you see, not what you would like to see.
TIP 2 Stop loss policy - you MUST have one and practice, more practice and even more practice at sticking to it. It will not be easy but it is an essential discipline to profitable trading.
TIP 3 Trading plan / system. Again, you MUST have one! Then you must practice sticking to it. Do not try and second guess or trade against your indicators - wait until they give you a concise signal before acting on it.
TIP 4 TRADE WITH THE TREND. DO NOT trade against the hourly trend of the market unless you are VERY certain the market has turned. Check this by watching a long term moving average (say 80 SMA on 15 minute chart)
TIP 5 Learn to sit on your hands and not trade! It’s better to wait for good quality trades than take a mediocre one and loose money. A day of no trades is better than a day with one loosing one. If you don’t like the market, just walk away. It will always be there later.
TIP 6 Don’t set yourself false targets and expectations. Trading is not an EXACT science and if you do you will only become frustrated by your failure to meet them. Take what the market gives and be satisfied. Greed will kill you as a trader, both mentally and monetarily. .
TIP 7 The market is rarely your friend in a trade that goes against you. Cut your losses quickly and accept them as an inherent part of trading. You will not be able to trade without some loosing positions. Manage them well!
TIP 8 Try hard not to get out of profitable trades too early. Try operating a trailing stoploss of say 15 to 20 pips behind the trade (on 5 minute timeframe) and maximise your good trades by letting them run. Be patient!
TIP 9 Ensure you fully understand how to generate and use pivot points and camarilla points on your trading platform. These are crucial decision points for daily trading and you will struggle without them.
TIP 10 DO NOT overtrade your account. Read up on money management in trading to make sure you fully understand why this is important and develop a strategy which fits with your personal trading capital. NEVER risk wiping out your account because believe me, it can happen. I’ve done it twice myself!
TIP 11 Learn about FIBONACCI levels and how to apply them to your charts.
TIP 12 Keep your trading system simple. Do not have too much information on your trading screen. It is unnecessary and will only cause you to be confused and delay you making your trading decisions.
TIP 13 Always think in terms of probabilities. Trading is all about thinking in probabilities NOT certainties. You can make all the “right” decisions and the trade still goes against you. This does not make it a “wrong” trade, just one of the many trades you will take which, through probability, are on the “loosing” side of your trading plan. Don’t expect not to have negative trades - they are a necessary part of the plan and cannot be avoided.
TIP 14 Ensure that the candle is fully formed on the timeframe you are trading BEFORE you enter your trade. Trade what you see, not what you would like to see.
Sunday, May 13, 2007
Tuesday, November 21, 2006
Saturday, October 28, 2006
The Way To Trade
The Way To Trade cuts to the essentials. I might summarize these essentials as follows:
You may think that the market exists somewhere out there.
??
How you think of the market is unique and exists only in your head. To win you have to ensure that your version of the market is "useful" and then make use of it.
You may think you see your version of the market clearly.
??
What you see is shrouded within an emotional whirlwind. The whirlwind may get a lot faster when you have a trading position in place.
You may think that trading is an easy function involving buying low and selling high.
??
In fact trading is not difficult, although nor is it easy, but the emotional problems we bring with us to the market mean that few win.
These three statements summarize what you are getting into.
In normal walks of life these sort of things either do not happen or we soon learn to stay away. The market is different. It does not do the same things all the time.
So one day a particular tactic will work, the next day it won't. Compare this with a normal everyday function like walking down the street. If you walk into a lamp post, you soon learn that you need to walk round them.
But in the market-place, the lamp posts keeps moving as you approach them, you can never be sure that you can get round them.
Can You Do Anything About It?
But what you can do is develop the mental discipline so that even when you do bump into them it's OK.
Apart from the analysis technique you should use, you also have to learn trading skills, which ultimately are about 95% of this game. This takes time.
Do not expect to be an instant success at trading, you have to learn this business as you do any other. Whilst you do so you have a simple task and this is the first secret of trading.
Like all great secrets it is well known, because that is the best way to keep something a secret, make everyone think it is not a secret at all. But this is where most traders fall down, this is where they knock themselves out of the game.
You may think that the market exists somewhere out there.
??
How you think of the market is unique and exists only in your head. To win you have to ensure that your version of the market is "useful" and then make use of it.
You may think you see your version of the market clearly.
??
What you see is shrouded within an emotional whirlwind. The whirlwind may get a lot faster when you have a trading position in place.
You may think that trading is an easy function involving buying low and selling high.
??
In fact trading is not difficult, although nor is it easy, but the emotional problems we bring with us to the market mean that few win.
These three statements summarize what you are getting into.
In normal walks of life these sort of things either do not happen or we soon learn to stay away. The market is different. It does not do the same things all the time.
So one day a particular tactic will work, the next day it won't. Compare this with a normal everyday function like walking down the street. If you walk into a lamp post, you soon learn that you need to walk round them.
But in the market-place, the lamp posts keeps moving as you approach them, you can never be sure that you can get round them.
Can You Do Anything About It?
But what you can do is develop the mental discipline so that even when you do bump into them it's OK.
Apart from the analysis technique you should use, you also have to learn trading skills, which ultimately are about 95% of this game. This takes time.
Do not expect to be an instant success at trading, you have to learn this business as you do any other. Whilst you do so you have a simple task and this is the first secret of trading.
Like all great secrets it is well known, because that is the best way to keep something a secret, make everyone think it is not a secret at all. But this is where most traders fall down, this is where they knock themselves out of the game.
PETROSUN DRILLING
PETROSUN DRILLING (P.S.U.D.)
Current Price: 1.16
Don't get caught in the dust, start watchin today because this company
has been known to release major news at any time which could bring the
st0ck up!!
Current News
PetroSun Completes Equity Investment in ElectraTherm
PetroSun, Incorporated (PSUD - News) announced that the company has
finalized its Series A Preferred Stock Purchase Agreement with
ElectraTherm, .....
Check your stock source for full press releases on this exciting stock!
Don't miss out !
Current Price: 1.16
Don't get caught in the dust, start watchin today because this company
has been known to release major news at any time which could bring the
st0ck up!!
Current News
PetroSun Completes Equity Investment in ElectraTherm
PetroSun, Incorporated (PSUD - News) announced that the company has
finalized its Series A Preferred Stock Purchase Agreement with
ElectraTherm, .....
Check your stock source for full press releases on this exciting stock!
Don't miss out !
Sunday, October 22, 2006
Saturday, October 21, 2006
FOREX explained.
What is it?
On the FOREX exchange you can buy and sell currencies. For example, you might buy Japanese yens (by exchanging them to the dollars you had), then, after yen / dollar ratio goes up, you sell yens and buy dollars again. At the end of this operation you are going to have more dollars, then you had at the beginning.
The FOREX market has much higher liquidity, then the stock market, as much more money are being exchanged. Also, it does not have "exchange places", like stock market does. FOREX is spread between banks all over the world, and as the result, it is open 24 hours, during the business week.
Unlike stocks, FOREX trades are performed with high leverage, usually it is 100. It means that by investing $1000 you can control $100,000, and increase potential profits accordingly. Some brokers provide also so called mini-FOREX, where the size of minimum deposit equals $100. It makes possible for individuals to enter this market easily.
Important note: Trader software comes with indicators, that are configured to assume margin (leverage) equal 1 stock operations and 100 for FOREX.
The name convention. In FOREX, the name of a "symbol" is composed of two parts - one for first currency, and another for the second currency. For example, the symbol usdjpy stands for US dollars (usd) to Japanese yen (jpy).
As with stocks, you can apply tools of the technical analysis to FOREX charts. Trader's indexes can be optimized for FOREX "symbols", allowing you to find winning strategy.
What is it?
On the FOREX exchange you can buy and sell currencies. For example, you might buy Japanese yens (by exchanging them to the dollars you had), then, after yen / dollar ratio goes up, you sell yens and buy dollars again. At the end of this operation you are going to have more dollars, then you had at the beginning.
The FOREX market has much higher liquidity, then the stock market, as much more money are being exchanged. Also, it does not have "exchange places", like stock market does. FOREX is spread between banks all over the world, and as the result, it is open 24 hours, during the business week.
Unlike stocks, FOREX trades are performed with high leverage, usually it is 100. It means that by investing $1000 you can control $100,000, and increase potential profits accordingly. Some brokers provide also so called mini-FOREX, where the size of minimum deposit equals $100. It makes possible for individuals to enter this market easily.
Important note: Trader software comes with indicators, that are configured to assume margin (leverage) equal 1 stock operations and 100 for FOREX.
The name convention. In FOREX, the name of a "symbol" is composed of two parts - one for first currency, and another for the second currency. For example, the symbol usdjpy stands for US dollars (usd) to Japanese yen (jpy).
As with stocks, you can apply tools of the technical analysis to FOREX charts. Trader's indexes can be optimized for FOREX "symbols", allowing you to find winning strategy.
I find 2 interesting free tools.
Forex currency converter - Looking for a currency converter? You can find everything here. Description of most popular currency converters.
FinRise. Free Forex Trading Signals - FinRise provides Free Trading Signals. Buy/Sell Signals. Forex traders using our free forex signals with specific entry and exit. At www.finrise.com you can find a lot of useful information, which can help you to achieve profit goals in the Forex market. Use it in your trade! Forex forecasts, technical analysis, forex signals
http://forexhint.blogspot.com
Forex currency converter - Looking for a currency converter? You can find everything here. Description of most popular currency converters.
FinRise. Free Forex Trading Signals - FinRise provides Free Trading Signals. Buy/Sell Signals. Forex traders using our free forex signals with specific entry and exit. At www.finrise.com you can find a lot of useful information, which can help you to achieve profit goals in the Forex market. Use it in your trade! Forex forecasts, technical analysis, forex signals
http://forexhint.blogspot.com
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