As a real trader...

[mohdashraf]

As a real forex trader...

1. If you cannot quickly recite the daily, weekly and monthly support & resistance values for any pair you're planning to trade with an EA, you shouldn't be trading.

2. If you can't manually calculate the currency exchange conversion values for any pair you're planning to trade with an EA, you shouldn't be trading.

3. If you cannot read and understand the code of an EA you're planning to trade with, you shouldn't be trading with it.

4. If you haven't learned to successfully trade manually for at least a year or two, you shouldn't be mechanically trading trading with an EA.

5. 99% of all EA's are destined to fail. Some sooner, some later.

6. Technical indicators don't work. They're a big fib to appease retail traders.

7. Knowledge of only price action, a few key patterns, and support/resistance is necessary to trade.

8. If you cannot quickly name the 10 key news events and their dates/times during the upcoming month, you shouldn't be trading.

9. You're worst enemy in trading is your broker.

10. Broker Pip spreads are only a portion of your trade cost. You are regularly gouged by slippage costs. If your EA has a default slippage value of 3, guess what your typical slippage will be? If it's set to 4, guess what your typical slippage will be?

11. The only EA's that will be profitable are the ones that are cleverly designed to out-fox the brokers and other insideous market forces by resorting to tricks, gimmicks, and smoke & mirrors tactics.

12. Any EA's freely available publicly will lose your trading account.

13. 95% of "traders" on public forums are as uneducated as you are about trading. Be wary of free advice.

14. The average trader who is persistent and lucky enough to eventually become a profitable trader regularly will first lose $20K - $30K in the markets and spend another $10K on books, lessons, eBooks, subscriptions and software. The rest will perish somewhere along that path.

15. The amount of time you are "exposed" in the market through active trading, either manually or mechanically, is inversely proportional to your profitability success rate.

16. Two high probability trades yielding 15 pips each and using a lot size of 50 is all you need each week.


Amacam,ada faham punye???



(COPY N PASTE DARI FORUM LAIN)

 

[car_they]

fuh= orang putih lak-- tak der edisi bahasa melayu ker?hehehe

 

[mtx_69]

Forex trading can it be really made simple, when 95% of traders lose? The answer is yes because the people who lose don't understand what's required to win in terms of FX education and mindset and it's a fact, anyone can learn to win if they want to and this article will show you how.

Let me start with a story and its to do with a famous experiment conducted by Richard Dennis he believed that anyone could learn to trade with the right guidance and he proved his point by, teaching a group of novices to trade in just two weeks and the rest is history as they went on to make several hundred million dollars. Were these guys nerds or geeks? No, they were just ordinary people - a security guard a lady clerk and a kid fresh out of high school, to name just a few.

Now before we look at how they made money, lets look at what a huge group of novice traders do which is to trust their money to a cheap Forex robot. This group of losers, believe that by spending a hundred dollars or so and making no effort, they will become rich and they all lose. These systems cost so little because they don't make money and if they really did win, 95% traders wouldn't lose money.

Of course as in any profession, you need to make an effort and while some study is necessary for the amount of time you have to put into your trading, the rewards are enormous, as the students Richard Dennis taughtm showed in terms of their trading results. More good news is that the best Forex trading systems are simple not complex; if you make a system to complex it will have too many elements to break. <


The system Dennis taught was a simple long term trend following strategy which was based on breakouts and it's easy to understand but quite hard to apply and the reason for this is it has far more losing trades than winners and it takes courage and discipline to cut losses and run profits.

Most traders can't take losses and let them run and over ride their trading signals and lose but if you can't follow your system with discipline, you don't have one. All the traders taught by Dennis said learning the system was far easier than applying it and this is true for most traders.

The reason 95% of traders always lose is really down to the wrong mindset but the good news is getting the right mindset is a choice and it's one you can make; if you combine the right mindset with a simple Forex trading strategy, you can make big profits.

Many people, try to make Forex trading much more complicated than it really is and hence the article title Forex trading made simple - it is! As you can see from this article, anyone has the potential to win at Forex and you don't need a college education to do so.

 

[Actifast]

aiyok...

selak kamus camnie...

 

[rusydi1988]

good info...thanks...