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The trading rules of my life

1. Cut losses
Protecting your capital is your primary job as a trader. Making money comes second. Embrace trading losses. That means accepting a loss the moment the market invalidates your trade idea. If you make the mistake of hoping for the market to turn around in your favor, you’ve already lost. The best way to embrace trading losses is to have a plan. Combine that with small bets and you’ll be light-years ahead of other Forex traders.
2. Ride Winners

Trading isn’t about having a win rate o…
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Day Trading Forex | Top 10 Forex Beginners Trading Tips

Day Trading Forex and the Top 10 Forex Beginners Trading Tips

The standard use of the term "Day Trading" refers to short term market positions where the trader opens and closes a position within the same day. Rather unfortunately, this term along with the original concept received bad press in the 1990's when it earned the reputation of liquidating many beginners Trading accounts. However, the fact remains that no one whether beginner or seasoned trader, should simply jump into the markets with
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TRADE 2 WIN

FOREX TRADE >WE SHOULD TREAT THE FOREX TRADE AS OUR BUSINESS ACTIVITY. WE HAVE TO UNDERSTAND THE MARKET DYNAMICS WHICH ARE CAUSED BY BIG PLAYERS LIKE BANKS ALONG WITH BROKERS AS MARKET MAKERS. BESIDES FUNDAMENTAL AND TECHNICAL FACTORS ALSO AFFECTS IT OUR PRIMARY AIM SHOULD BE TO PROTECT OUR CAPITAL AND MINIMISE LOSSES WE HAVE TO CAlCULATE OUR RISK REWARD RATIO AND DIVERSIFY OUR OUR INVESTMENT. WE HAVE TO ADOPT PRUDENT MONEY MANAGEMENT AND RISK MANAGEMENT TECHNIQUES
IN OUR TRADES. BESIDES ENTERiN…
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Is dollar going to retrace?

Election week past. Market behaved positively on US economy contrary to expectations. Analysts think market may retrace this week.
What is your opinion about this ?
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rivan avatar
rivan 14 Nov

before more USD strength, corrective moves are due in EUR/USD and USD/JPY.

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ALERT: YEN Positions Tonight

The following is a friendly advice for USD/JPY Traders for tonight and the next 24 hours.
A substantial price move is ahead, especially the YEN
The following charts are for JPY/USD and NOT USD/JPY.

So we are buying and selling YEN. A bit confusing, apologies, but I use the dollar as standard unit of account.

  • Current Market Price: 103.3 (Yellow Line).
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Nihad avatar
Nihad 2 Set

Trade ID (28621878)
NY-S-010916:

anna_n avatar
anna_n 2 Set

YEN position tonight sounds nice ))))

Cremelady avatar

yes, Yen seems worth to try!

CharmingRimma avatar

very attractive YEN :)))))))))))) VERY

Julia_Zhulinskaya avatar

woow-position...

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