www.ForexAlerting.com

Sometimes, after a stint of trading every day, all day, most nights, it is worthwhile sitting back for a week and only take notes-take notes of all the calls made, and try to find the reasoning behind them, either data releases if you trade news and/or, relevant support/resistance etc. Read comments on the forum (and stick in a few sarcastic replies when required:-)) BUT, just chill and learn for a week. When you come back and trade again, it's different. A lot calmer, less trades but profitable (and sarcasm is more fulfilling) so all in all, less stress and trading is actually interesting and fun.
"Moonlight"

www.ForexAlerting.com

Wednesday, January 17, 2018

Wednesday, January 10, 2018

Simple rules if you want to make good daily profit

khidrgreen

Very simple rules if you want to make good daily profit:

1- if the price is under the daily Pivot sell and dont be afraid put small stop above the daily pivot
2-if the price is above the daily pivot Buy and dont be afraid put small stop under the daily pivot
3- wait the price to come to daily pivot and do the above
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Tuesday, January 9, 2018

If You Need Huge Profit

If you need huge profit, Then just deposit huge capital but follow the same rules above, otherwise No One will be able stay in Forex for long run with good condition. When your amount is 200 USD, just prefer to open 0.02 lot Or 0.01+0.01  ....when 500 USD prefer to open 0.05 or 0.1 (some time) ....And then one day One must see that His / Her account already been healthy with 10K or even 100K and sound good Equity is available in Account, And continue the trading with the same way according to the above rules. Increase your position lot size as per the same rule accordingly
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How To Calculate The Correct Lot

How to calculate the correct Lot as per MM :
Always before opening new position , Just divide the current Equity amount by 10000 , lets say your equity is 100 dollar ...then Your lot must be max 0.01 (10 cent per pip value) i,e 100/10000 = 0.01 ...like this way You should maintain the rules of MM and NEVER Do 
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Never Do Rules

NEVER Do ::: Besides our money management rules follow the ‘\'NEVER Do’\' rules too ::: \'\'NEVER Do\'\' Rules :: 1) Never be a greedy 
2) Never be a emotional Trader
3) Never try to catch every up and down
4) Never break the Money Management rules
5) Never Try to jump in more than one or two pairs
6) Never open multiple positions If your risk management percentage already cross with any existing position 
……..Note :  You just need to follow all these NEVER only :-) to be a successful Trader , if You can follow continuously then You will be able to earn money even in your sleeping time too :-)
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Money Management Rules

For an example by considering a good money management:
You deposited 100 dollars in Trading account ,What should be the risk management % for the professional and even new traders then ?? 5% risk is more than enough for the new position, and You wait for a good entry , You also consider this type of forum updates along your own chart analysis. When all are set same then You open a position Buy/Sell with 0.01 lot , per PIP value 10 cent (with 5% risk for 10% gain),If market goes opposite then You loss 5 USD but if Market favors you then You gain 10 USD. Like this way You open position 7-8 (Buy/Sell) weekly , then you will see  Your 5 position was with your plan and 3 was opposite. Then what’s the outcome (result). So Your positions outcome is 50 USD positive and Loss 15 USD negative, So the gross profit for the week is 35 USD which is 35% weekly (but it’s really too much profit as per money management but still you are is safe side. One month later your profit is 140%
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