 |
| Forex Danger |
Forex Trading
Is trade currencies in the spot market or the derivatives market, not the same as a physical currency exchange rates at moneychangers or banks, we must understand this and must understand the difference. If your risk of physical money exchange is a decrease in the exchange rate, but you still have physical and you only experience the risk of loss is worth the money, then the different forex trading on the spot market, you have a chance of tens of times greater than the physical or cash trading forex exchange rates, as well as the risks, you will be faced with the risk that tens of times bigger.
Bitter Experience,
80% more forex investors especially in Indonesia suffered destruction, it is a reality that must be studied and discovered the cause, if not believe, you can on a small market survey, ask a friend or relative you who've been trading forex, how's it going, there you will get the real information and what it is. This information is presented not to make us afraid or derail plans for forex trading in the derivatives market, but as the image so that we are not wrong in forex trading, which perceives may be only potential piece or we receive only and is in no way offensive to the risks.
The Worst Risk, Should Be Ready
Ready not that will meet, as investors already are supposed to we have the intention and the great hope to profit from forex trading business, but we should also be prepared to face the worst risk that suffered losses or even the endless capital eaten market. A person's negligence in preparing the risk tends to make a person uses its own capital for trading forex, and it is very dangerous to the survival of the family, when the risk of the worst hit. So, make sure you use funds absolutely free, because this business is diversified land classes with hopes of achieving aggressive economic acceleration.
Set Goals With Clear,
Life is choices, could not vote. Similarly with forex trading you must specify clearly your goal in front before starting forex trading.
IF YOUR GOAL is a HUGE PROFIT (up to several hundred percent in a month),
Then there are only a few ways to get it, namely:
1. If you're trading using stop loss,
Then you have to enter the market with a large number of lots anyway, and in this case you have to be ready to hit the stop loss or risk of loss in bulk and if repeated time and time again you have to ready your funds run out, unless you limit the maximum loss from the total Fund.
2. If you are trading without using stop loss,
Then you have to enter the market with a smaller number of lots instead of using stop loss, and you have to set up a reserve fund to follow the movement of the market, trading with this style tend to provide opportunities often profit because there is no stop loss, but if you do not have a clear concept and plan then this style can take you on a very severe destruction Why is this so? First, because there is no single person on this earth who can ensure market movement, one that certainly exists, and so an error occurs then equity must be preserved, because if not, when we are experiencing a huge minus equity at less than the requirement, it will be forced by the company's liquidation, and it means that your funds were depleted. And if you do not want a position in the forced liquidation by the brokerage firm then you must add funds, how to add funds? Depending on the conditions of minus suffered, more and more of the wrong position then the greater the additional funds that must be entered, If the concept is unclear, ten times the capital awalpun will not be able to save your funds, unless God gives succor by returning prices to its original position or at least get close to him.
The bottom line is that if your purpose is non-profit, large (up to several hundred percent in a month), then you enter the area of the gambler or excessive speculation, it is legitimate and permissible-is okay, but you have to be ready, with all the consequences.
IF YOUR PURPOSE is NON-PROFIT, medium (up to tens of percent in a month),
Then you have the same way with the PURPOSE of PROFIT just BIG Lots his scaled down, various possibilities are also not much different just the potential profit and the "possible risk is also much smaller than the LARGE PROFIT GOALS.
IF YOUR PURPOSE is NON-PROFIT, small (less than 10% in a month)
Then you also have the same way with the two options above destination, just Lots of his scaled down, various possibilities are also not much difference depending on the selected way, just that the potential profit and the likelihood of risk is also much smaller than the two options above.
Specify The Principles Of Trading,
As a man you definitely have the principle, you can choose one of these two principles which we will explain.
The first principle is no Term add funds, or capital, then enter once only that you will use. If that principle is you, then you should use the concept of trading by using Stop Loss. Tradng using stop loss does not require additional funds, even with this concept, it is still a very wise man there if you limit the maximum number of errors, for example if trading 10 times hit the stop loss constantly then you decide to give up or quit, unless you are driven by lust and curious to try and try again.
The second principle is "the Name Business Reasonably If any additional Funds".
If it is your principles, then you may choose the concept of trading without a stop loss, and ready to follow where the movement of the market, with a record you have a reserve fund that is ready in Add, regarding how the funds should be prepared, all depending on how your concept or trading. If you let your position is wrong without any re transaction either buy or sell, then you do not need to provide a lot of reserve funds, but you must be prepared not to get profit in time could not be determined because you wait for prices to come back, and if you want to more quickly complete the position with the results of profit, then you have to maneuver and it requires you to prepare a reserve fund that was doubled.
Specify A Budget For Trading,
Make sure your home since it determines how the maximum budget that you will use for trading. In this case we could not give clear advice because of different regulations, different from brokerage firm to brokerage that value per point per lots = $ 10, we could elaborate on the following: If your capital is less than $ 100, 000.00 and you open an account at a broker that minimal entry market is 1 Lots, or funding of less than $ 10,000 and you open an account at a broker that minimal entry market is 0.1 Lots , or your funds less than $ 1,000 and you open an account at a broker that minimal entry market is 0.01 Lots, then never trading without using Stop Loss, unless you are ready with all the consequences that its worst risk is running out of capital. Once again the information in this paragraph is not as simple as our description of this, too much to be prepared and planned. The bottom line trading that not too many terms to be prepared is trading by using stop loss, but unfortunately, trading by using stop loss, is a trading system that is very difficult, too many destructive diseases, especially if you're trading in control of local brokerage trader can revenue from commissions, trading or in control or supervision of the representatives of the foreign brokers (IB) which can be revenue of the rebate. Neither the Commission nor the rebate, they were determined from the number of times you enter the market, and is in no way affected by the profit or loss in your trading.
Select The Option Trading Participants,
Make sure from the beginning you have decided whether you are going to trade on your own or would pass them to a trader, if you plan on trading it yourself then make sure you've mastered the techniques and make sure the investor as the owner's ego Fund bersi from your heart. And if you would submit on a trader, then make sure you control your traders with tight, because the Commission and or rebates per lots, can encourage people to be good is not good, we are a trader so we know exactly what moves in our minds when we are dealing with an account that has the potential to provide large revenue deriving from the Commission and/or rebates. The Commission in some of your funds by brokerage company and given to traders depending on regulations of part or all of the broker, while the rebate is not on some of your funds, but in some of the spreads is the right portion of the small brokerage firm that supplied on the IB, whatever that is, both potentially encourage people to work more actively and sometimes not uncommon to set aside the presence or absence of opportunities.
Especially If You Plan To Use A Trader,
Trading is not an easy thing, if easy, surely thousands Indonesia's already filthy rich from forex trading, that's what you have to understand, therefore if you have not experienced it should pass on the trader, but previous sempatkan to inquire what the concept will be used, use the stop loss and take profit or not, if sharing how point, and after you ask the concept make sure you took note of the concept in the pass by the trader , then ask to be made a demo account on your behalf with the same capital with your plans to open an account. Observe at least one month, please make sure that what is done in the demo traders, similar to what you tell in the beginning, if early in your trader said his concept of using stop loss, then if the demo trading trader you don't use stop loss, then it is not true and is not worthy of such traders in give the responsibility of trading. Make sure the number of demo login and password you also hold, so you can control the demo done trader, because if not, then it's going to happen is, the trader opens a demo then crushed, open again, destroyed again, open again destroyed again, open again destroyed again, open again destroyed again, open again and the new print is nice, and delivered to you.
So while we could write it as important information that you must read before you decide to trade, make sure you really understand the above information, and feel free to reread with more thoroughly if you do not already understand it.
No comments:
Post a Comment