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07-10-2009, 08:01 PM
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What a great post!!!!!!!!!!!!!!!!!!!!!!!!!!! I specially liked the part explaining Elliot wave theory, when I first started trading I didn’t find that much info explaining it so clearly and specially, and it is a very important part of a traders analysis. This is an educational site, it is from my broker ACM, but it explains the market very good too. ac-markets.com/forex-education/forex.aspx Ciao  |
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07-15-2009, 12:40 PM
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True.... Lots of tips and guidence is embeded in this huge list! Well done! |
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07-20-2009, 08:37 PM
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I agree!!! All newbies should have this list bookmarked; it has a lot of info. It is a very good point you mentioned there, Sofia, you need the ability of start over with cold mentality. If you let emotions get in the way of your trading plan you’ll do pretty bad… |
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07-25-2009, 08:04 AM
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Thanks buddy.... You are absolutely right! its importnat to control emotions.
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01-22-2010, 10:03 AM
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Verify First, Then Trade Most people totally ignore me when I talk about testing. When I train people to trade, I focus most of the training on helping them do their testing. I have developed spreadsheets, methodologies, statistical models – all designed to help traders realize that they must verify that a system works before they commit to trading the system with real money. Don’t ever trade anything you’ve not tested first. What does it mean to test? It means that you propose some simple rules for trading. Then you go back in time, manually or mechanically, and you find out how those proposed rules would operate over the course of hundreds of trades. That’s right: hundreds of trades. Think about it for a moment: if you are not confident about your trading, it’s most likely because you have doubts about the outcome of the trades you are taking. And if you are doubtful about the outcome, then you need to do more testing until you have a better sense for what’s going to happen when you open a trade.
__________________ Forex ea |
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02-16-2010, 06:51 AM
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Very True!!! For this purpose only the Concept of Demo Trading Accounts was introduced in the market. After getting the theoretical knowledge of Forex trading, it is important for the Traders to test it practically. Demo account provides you a platform where you can use different strategies and select which one best suites you. Furnish your trading skills without investing any real money. Later you can start real forex trading with ample amount of Confidence on your trade decisions. |
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03-12-2010, 06:18 AM
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Forex Trading, Currency Trading, FX, Foreign Exchange are terms that have the same common meaning, that is trading of the world’s many currencies. A currency trade can be thought of as simultaneous buying and selling of currency. Forex Trading has a very wide scope. The Forex Market has daily trading that amounts to $3 trillion. Forex Trading is quite similar to Stock trading except the fact that there is no central market where you can trade. Trading is done on the interbank market which can be thought of as an Over the Counter market.
__________________ Bonuses and Reviews for Top Casinos |
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05-05-2010, 06:51 AM
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HI Mathew, From how much time you have been trading the forex market? |
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05-07-2010, 11:47 AM
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| Automated Forex Trading on AutoPilot
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