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IMPORTANCE OF STOP LOSS PLACEMENT IN FOREX TRADING.
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Feb 04, 2012 at 17:59
FOREX TRADING: IMPORTANCE OF STOP LOSS PLACEMENThttp://www.asiaforexmentor.com/webpages/stoploss.gifA lot of traders do not believe in stop loss placement.Some believe in mental stop loss placement. meaning that when they feel that a trade is not going their way, they will then cut it off.That is so terribly wrong. Stop loss placement is one of the most crucial key if you want to make forex trading profitable.Another mistake traders make is that they shift their stop loss. They shift it backwards, thinking that the trade will just go back a little more and will come back their way. And sure en...
Free Daily Price Action Forex Trading Strategies & System From Asia Forex Ment
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Jan 29, 2012 at 08:59
Forex Market: Mass Ratings Downgrades Fuel Debt Crisis ConcernFOREX MARKETMarkets are going to remain nervous for some more time as S&P ratings agency punished nine eurozone countries with downgrades and to striped France and Austria of their triple-A ratings. Even though S&P said that Germany’s rating is in excellent condition, the downgrading is likely to have direct consequences for country. EUR/USD had fallen sharply after the statement. FOREX MARKET investors should be cautious as the bad news will have more impact on the financial markets.S&P said “We have lowered...
The Main reason Why Forex Traders Fails.
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Jan 19, 2012 at 09:46
Forex Trading Psychology – The Main reason Why Forex Traders FailForex Trading PsychologyThere are many answers in the market to this question: Why do most forex traders fail?- Some blame it on over trading- Some blame it on emotions- Some blame it on revenge mentality- Some blame it on impulse- Some blame it on the market- Some blame it on bad luck- Some blame it on poor entry- Some blame it on not taking profits- etc etc etcAs you can see, there will be tons and tons of reasons that explains why forex traders fail.This is all that relates to forex trading psychology.But i strongly beli...
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