It 's always been very difficult to make money consistently trading FX currency. The basic rules of trade are very hard to keep. Normally new (and less new operators) make these mistakes:
or trade too often. It is not the number of contracts, but the success of your trades, which is important.
o Try to wait for a trade rather than to confirm a trend for the market to anticipate.
o Spread the risk through the tradesAt the same time, will hopefully benefit.
or work on the theory that if you have a losing trade, the best option is to double your next show. (A very simple way to repay the principal).
or no understanding of risk / return. It's not a good strategy to get more gain that you can win or you can risk. Most traders would look good in a 2:1 ratio, your gain is twice the risk of loss.
or the incorrect placement of stop loss or commercial purposes withoutone.
Fx Trading
The biggest change in currency trading FX market is the use of robots. When we tested, tended to have a good back-testing live trading, but it turned out a disaster.
Trade has always been 70% + mentally, with the discipline to work effectively with a system. Commerce under pressure and we are constantly making the right decision to stay is very difficult. So we were very interested in automated trading. If the systemworked to keep the robot only commercial that had most of the problems we had the results of the traders lack of discipline.
We only have one of the most recent generation of automated trading robots purchased and I am very interested to see how to continue. Of course, the result we were told, are really surprising, but as in most of the things that we like to try these things for ourselves.
One of the methods of trade, the dealer always has fresh appeal is made by a very short timeFrame, look at the screen constantly and often on the market. This is a very high risk because the market is very volatile and if the spread is too high and keeps you close to many of you losers, with the cost of adding to your broker very quickly.
The robot we are using two different methods of trading, scalping, with tables and 15 meters long term trading.
If you are new to trading, we recommend you try this robotRead our review on our website. Trading with a demo account is the only way to prove it. When these robots in order to eliminate human error, the trade is opening new opportunities for all. Visit our website where we are constantly updating our results and see if it is for you.
FX Currency Trading Tips
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