ForexStars - ForexStars.com

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Dear clients of ForexStars!

An updated version of our website will be available for you in the nearest future. We have improved its view and made it more convenient. Now you can take part both in Freerolls you already like and in new Regular tournaments with large prizes!
Though the launch of the website new version is in prospect, you can try yourself in new Regular tournaments right now! The schedule of coming tournaments is here: http://forexstars.com/Tournaments?ContestTime=Current.

Join and win!
Good luck at ForexStars!

 

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Tips for traders-beginners:
Get rid of psychological attachment to the positions.
Evaluate the transaction according to its potential and current result. Sometimes novice traders adhere to their orders if such positions opened in similar positions brought good profit in the past. You have to remember that at first signs of adherence to a certain position and internal refusal to consider it impersonally you should leave the market. Positions are just a tool for getting profit. You shouldn’t feel an emotional involvement when opening and managing positions.

 

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Tips for trader beginners:
Remember that hope and fear are the mortal enemies for a speculator
In common life hope helps us to move further even when there are no objective facts which help us to do it. Fear is a natural defensive mechanism that helps us to avoid dangerous situations. For a trader these feelings are enemies. A hope that the market will turn towards your position will not let you close a losing position and the fear to get a loss in a further order will not let you participate in a significant market movement. Make decisions only on the base of objective facts; do not allow the feelings to interfere into your trading.

 

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Get real experience without risking real money!

Start your tournament career with real money without any risk – join a Freeroll Tournament today.

Our daily freerolls are opened for everybody and in more than 40 freeroll-tournaments held every month you can win a share of prize pool of $2000. Freeroll is a chance to win real money without deposits and buy-ins.

 

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Regular Tournaments
Tournaments for any purse, experience and trading system! Everyone will find his battle, competitor and a victory.
Regular tournaments are the most popular contests today. In these tournaments you will be able to show your skills! Become the best among Forex professionals!

 

[forexstars]

Tips for traders:
Don’t look for thrills in the market
Surely it will cost you much. If you look for entertainment – go sky jumping. Traders open positions not for thrills but to earn. If to get profit a trader needs to spend the whole day in front of computer and watch a sluggish market waiting for a probable movement, a trader must do it. Profitable trading is a rather boring and stressful thing connected with repeating the same actions during a long period of time. If you seek for thrills from trading – you already get what you want and you can’t get profit anymore.

 

[forexstars]

Tips for traders:
Always stay calm
Many successful traders advise closing positions at once if you lose your psychological balance and start being nervous. Anxiety turns into fear very quickly and it decreases your ability to think clearly and consistently. It is this ability that lets traders earn money.

 

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Tips for trader:
Always do self-education
Forex market changes faster and faster. It is proved by the fact that the systems which brought profit yesterday, today can turn out inefficient within new conditions. So, to stay among “profitable” traders, you will have to change together with the markets. It is impossible without new knowledge. Read books, study new markets, communicate with other traders – gradually you will learn to understand Forex market even better and you will feel that it starts changing and it is time to correct your system.

 

[forexstars]

ForexStars launched new tournaments!
The largest and independent portal for ForexStars traders started new tournaments with considerable money prizes!
Now, besides freerolls (free tournaments) traders can participate in regular tournaments with a large prize pool. You can find a more detailed schedule and tournament rules here.
More than 8 000 traders from all over the world have already shared prize pool of $100 761 in the tournaments of ForexStars.com.
Become a winner in new tournaments, register right now!
Best regards,
ForexStars

 

[forexstars]

Tips for traders-beginners:
Develop your intuition
Intuition is kind of experience processed and kept in our subconscious. During the process of learning trading we analyze a huge amount of information, see thousands of price patterns and kilometers of charts. All this information doesn’t go away; it accumulates in our brain and influences our future actions. Often a professional can’t understand his assurance of the market. However, often these subconscious signals give an opportunity to foresee what others just are not able to see. As you understand a right for intuition must be earned but it is never too early to start developing your inner self.