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ForexStars - ForexStars.com

New design of ForexStars

The design of the largest independent portal of tournaments www.forexstars.com is totally updated. Creating a new interface we considered the wishes of our constant clients.

Now the website is even more convenient and functional. Forexstars team developed intuitively obvious tournament rating lists and an easy registration form. Besides, there is a detailed schedule of free and paid tournaments on the website.

Estimate a new design of the portal and join new tournaments!

Best regards,
ForexStars
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Tips for traders:
Forex trading is not an entertainment.
Many people believe that the life of a successful trader is full of bright events, expensive things and much time to spare. Successful trading is disciplined and even in most cases has a trade plan which must be worked out according to you analytical work. You must hide your emotions during trading at Forex, a professional trader is seldom surprised by his result – whether he won and lost. He is ready to any result because there was a plan before he started trading.
As soon as you reach a level when you turn off your emotions from trading and when you feel that losses and failure don’t have a negative impact, you will be on the right track.

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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

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Tips for traders beginners:
Trading should be started from one currency pair. Traditionally EUR/USD is considered the most predictable and stable pair. Trading other more volatile currencies lets you earn more but the probability to lose also rises.

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Tips for beginning traders:
Practice!
It means trading on a demo account and after a successful testing of your trading system (TS) – on a cent one. Really, trading on real money even if it is not big you feel absolutely different rather than you know that you risk virtual “unreal” money.
Using a demo or a cent account, a trader:
• keeps himself/herself up;
• develops a “feeling of market”;
• can test new trading strategies;
• can examine trading mistakes on real terms;
• expands comfort zone enlarging deposit.
Don’t underestimate cent accounts even if you are an experienced trader – using new trading methods you will significantly lower the risk of losing money. After you make sure that everything works ok, shift to a dollar account and enlarge your deposit.

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ForexStars Launches New Tournaments Sit&Go!
Dear clients!
In the nearest future Forexstars.com will launch new tournaments which many of you waited so long! Sit&Go tournaments! Opening time of such tournaments is not predetermined. A tournament starts next hour after the last participant has registered.

ForexStars.com offers Sit&Go tournaments which will suit everyone:
- limit of participants up to 10 people with different buy-ins
- prize fund up to $100
- minimum risks

In Sit&Go the number of participants is limited, which means high chances to win with low risks. Only a chance will determine future rivals! More risk – more luck! Follow the news!

Best regards,
ForexStars
 
Tips for traders beginners:
Don’t trade against the crowd
Understanding “market mood” you should open most positions to one side. Trend is always our friend. Don’t catch short movements- it requires experience and skills. At first, try to learn getting small profits at strong movements.

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Tips for traders:
No schedules
You must have a trading plan but you cannot make a fixed profit every day – it is market and it changes. If the situation is not clear, if currency movements don’t meet your understanding of the market – don’t trade at such moments. You also shouldn’t enter the market only because you’re tired of waiting. As traders say: “Being out of market is also a position”.

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Tips for traders beginners:

Profit and loss ratio
At least they must be equal, after that you can try to increase your profit decreasing your losses at the same time. A novice trader fixes the profit just after reaching a small profit; an experienced trader lets the profit rise. Putting stop-orders try to make your possible profit higher than loss. Otherwise your deposit will be fading slightly. If you see that the market is against you – surely close a losing position, don’t let the losses to increase.

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