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80% - 90% of new forex
traders lose their money
This is a fact that
newcomers tend to lose their money rather than make profit in forex trading.
Only with APPROPRIATE resources, a person can make profit and earn
money from it.
Here we provide you with
latest information and free forex forecasting from many expert forex
analysts that will show you how to make profit in forex. and it's ALL FREE.
Check out our
latest free forex forecasting, we hope that we could
provide some useful information for you.
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Current
forex quotes
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Guidelines for
all forex traders :
Important tip : Always take
practice account before using real money. |
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1. |
Choose your currency pairs |
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2. |
Decide how much risk that you willing
to take and how much you want to gain |
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3. |
Track the time and date you placed the
trade |
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4. |
Keep notes describing your strategy
and why you chose to enter the trade |
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5. |
Decide how long you want to stay in a
trade (hours, days, weeks, months) |
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6. |
Why did you exit the trade? Was it at
your stated stop or limit level, or did you get out for other
reasons, etc.? |
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7. |
Experiment. Remember, you want to make
your mistakes on the practice account - not with real money! |
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Click here to
open forex practice account. It's all FREE.
Remember, the most important
thing if you want to trade forex is EXPERIENCE AND PRACTICE.
We provide you to open a free practice account, which you can
trade with VIRTUAL MONEY, but in the real market situation.
Click here and download the forex practice account FOR FREE.
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Today Forex Trading Tips: Shorting
Shorting in currency trading
One of the advantages of currency trading is the ability to
short. In forex trading, shorting is when you decide that a
currency will fall, rather than gain, on the FX market.
Shorting is done in a currency pair. If you are trading EUR/JPY,
and you think that the euro will lose to the yen, you short
EUR/JPY, speculating that it will lose in value.
More Tips >>>
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