Error about Forex Trading

November 30 [Sun], 2014, 23:22
The creation of the result in the simulation trading profit is not enough to understand the causes and develop your own profitable operating profit generated by the way is equally important. Intuition transaction is very important, but only by intuition to do the transaction is unacceptable.

When you do business at the same time should be established loss tolerable range, use stop-loss trading, and avoid emergence of large sums of losses, loss account funds in accordance with the scope of the case, it is best to set in 3-10% of the total account, when the amount of loss you have reached the limits of tolerance, not a desperate attempt to find an excuse to wait for the market to swing, you should immediately open, even five minutes after turning the market really do not wan interest, because you have to remove the market continues to turn for the worse, the risk of loss of infinite expansion. You have to develop trading strategies, remember that you go to control transaction, transaction control and not let you, hurt myself.

Account should be measured according to the amount of trading volume, not excessive trading. If the account funds of less than $ 3000, suitable for a transaction; account funds ranged from $ 3000 to $ 5000, unless you can determine the current trend in your favor, otherwise the transaction port number should not be more than two; if the account balance has $ 8,000, the transaction port number not more than three. According to this rule, which can effectively control the risk, once the transaction an excessive number of ports is unwise, it is prone to uncontrolled losses.
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