There is an old saying on Wall Street, never to check the price of the stock which has been sold.
“Forex is the same, as long as thought that this currency market whether has the next stage or not and it will rise tomorrow , that is enough.
Investors often think that after sell the position which in their own hands in high price, the prices continued to rise, but also not willing to sell than their own place covering the highest positions, so the hearts of remorse, and then hope the …
The forex market is like a big stadium, it does not create any value by itself, it is the constant transfer of wealth.There are three situations in forex transacions: to make money, lose money, peace accounts.The money which some people earned is from the one someone lost, then there should defence and attack. As is well known in athletic competitions,the team will never be able to win the final victory if it has no defence, although the offensive is the ultimate deciding factor to win, but the defense is its …
Businessmen have their own set of business secret of success, some people take every step according to plan, some people based on intuition. In general,these two kinds of people can not be wrong if they do business like this.The people who do business in ntuition without seeking the books, but those who do business according to the plan had better read this chapter.
There are many principles and rules of forex business, but the simplest elements, it is nothing more than to work out an entry and exit of the starting …
With the similarity of the futures market, foreign ordinary investors to participate in foreign currency transactions, most of them the way the use of margin trading. Be different from firm offer transactions,it can use the smallest margin of funds to maximize the amount of profit, of course, with increased risk.
Choose what kind of currency to trade,it plays a vital role in the success or failure. Some of the losses incurred by investors,they often think it was because of their wrong judgement, in fact, maybe due to the currency is not …
Some people say that forex transactions is similar to driving a car, I think the analogy is very image. Because the car must have driver’s license, did not undergo a rigorous training and examination can not can not get licenses to drive cars, or harm others and ourselves. Forex transactions is the same, but how to get the “license” has the problem that who presented it.
If have not in the banks, investment companies done deal, and not the state, enterprises pay for your tuition fees,so for individual investors, they had …
In fact, in the guidance of price in recent weeks is clear that many investors clearly feel that our trading strategy has been relatively more conservative than the past, because in the forex ideas the most important principle is that transactions are not transactions. So when prices are more difficult to determine,to see more and take less is necessary. Of course the collation of the market does not mean the market is difficult to judge, but “difficult to judge” market will be a little more, the collation of the euro …
