It is important for traders to manage some good performance in the business. For all of the trades, you will have to manage some good signals. Whether you manage the signals with some good management of the support and resistance zones or use the Fibonacci tool for the right analysis, it will have to be done properly. There will be a lot of times when you will not feel good about the trades. This is because the right trends will not turn out to be a good one for your trades. Even the pro traders happen to get this kind of experience in the business. It is not right for the business. So, the traders will have to think in the right way for all of the trades. Even if you cannot manage to get some good pips from the signals, there will be some good control of the closing positions. And that can save a lot of investment in your business. That is good for all of the traders. In the following article, we are going to learn about some good ways to manage the market analysis…
If you are in the currency trading business, there will have to be a lot of dilemmas. It is true for all of the traders out there. Most of the time of the trading will not bring any good luck to the traders. And that is a real fact of this platform. The traders will have to learn about it and accept the fact every time of trading. Then, there will be some proper management of the trading approaches. And to be like that, the traders will have to forget about everything related to money making. There cannot be almost any kind of thoughts about money making. And my thoughts, it would be the greed of the novice traders. Some even think about covering up their losses from the trades. If you happen to come here to work like that, forget about Forex and join other platforms. The traders will have to spend most of their trades for saving their investment. Winning signals will come in randomly. In this article, we are going to learn about making the right management of the trading business…
If you want to improve your own performance, there’s no need to look elsewhere.Your own performance will define the quality of your work. In the case of the trading business, you will be working for the trading executions. When you concentrate on your own performance the weakness in it will be clear to your eyes. In this article, we are going to talk about it can stagnate. Many traders do not have the right kind of idea about analyzing their trading business properly. Thus they do not get the improvement which is required for the trading business. In the following parts of this article, we are going to talk about the necessary things to look up to for analyzing the trading business properly. We will also have some proper tips for the traders to maintain a very decent business overall.
Analyze the state of the risk to profit margins
For learning about their own performance in the trading business, traders will have to look at one thing.…
Land's End is mainland Britain's most south-westerly point and one of the country's most famous landmarks. From the 200 foot high granite cliffs that rise out of the Atlantic Ocean you can gaze across to the Longships Lighthouse, the Isles of Scilly twenty eight miles away and beyond that, North America. Which is a bit of a swim!
The Weather is a Third to Place and Time, a snap shot of a light house in Folkestone, summer 2018
Just thought I would share this snap shot of me and Billy on the beach on Friday, it was a really cold day but the light was amazing. Only Billy was brave enough to go for a swim though.
I am writing this post today with a heavy heart. Sadly we have received some tragic news regarding Major Magnum. We have been told by one of MM's closest friends that Major Magnum passed, back in July 2018 after being diagnosed with a serious illness at the age of 49.
Major Magnum's real name was Patrick and he was a prolific blogger at T2W and Forexmospherians.com just to name but a few websites. He was a brilliant Forex scalper and we were all lucky enough to call him our dear friend.
Sometimes, traders posts appear on the radar and they become our over night super stars within their own rights. Patrick AKA Major Magnum provided us all with on and off topic posts, brilliant trades and market analysis but moreover was a wonderful and dear forex friend. It's not uncommon for some traders to go quiet in the forums over time and their activity all but disappears. However, they can resurface years later and pick up were they left off. Sadly this will not…
Google is shutting down G+ over the next few months as you are probably aware but there is some good news.
The good news is we already have our very own website which has been made by traders for traders and we open our doors to all gplus members. If you are already a member of this gplus forexmosphere group then you can consider yourself a Forexmospherian trader.
When you begin your career in the trading profession, the only goal would be to make money. With time all traders will experience their desires are changing with time. Some traders will get on the right path. On the other hand, Traders who will be sticking with the same goal from the trading business will end up losing this profession. That’s because those traders will be making an improper goal from their business. That is ‘making money is the most important thing in the trading business.’ In this article we are going to talk on that. We will discuss the way to become the proper trader with the right trading setup. We are going to mention the proper tools and mindset needed for the trading business. We hope you will be enlightened by the information we are going to give you in this article.
You will have to be positive first
For any kind of profession, people will have to know what to like about it. Without that no one will be able to maintain…
Lets have another Poll, You decide:
Did Corbyn call May a stupid woman after more heated debates in Parliament today?
Oh no he didn't .......... Oh yes he Did !!!
After spending a certain amount of time in the world as an adult, you cannot be a simple minded human being. In that position, most human beings will not be getting too much support from others. They have to make their own decisions. Their career choice will be mostly according to your own preference. If you have a very cruel father and he will be paying your tuition fees, your case will be different. But, for others, it may not be that hard to make their own choice. Your professions will also run with your own decisions. So, they have to be solid for good results in every project. If it is a business, you have to be good with execution. In the trading business, it may be difficult for a trader to keep a straight mind. But, we are going to make it easy for you to create one in this article.
Losses are nothing but lessons
You have to remember, trading is a business. So, the phenomenon in this business will also be like others. You will win some…
There are a group of people who think they are playing in the Forex industry. The industry is giving them bad trends and they dodge the signals. If you have this thought, you are wrong. You cannot make a living out of currency trading if you are always dodging in and out of the market. In the long run, you will feel the necessity of strategy and it will make you lose all your money. You would not get the time and all your dodging will be wasted. This article will tell you why you should not do this. It is not only childish but it is also opposite of the basic of trading. You need to make a plan, place your trades and follow the plan and exit at the right moment to make money. You simply cannot make money by showing up at the right place at the right moments. You will still need your knowledge and skill to pull out the profit from the trades.
The mentality of the professional traders
The successful traders in Australia always love to think…
You would always hear about how pathetic naïve traders are! It is sad how they cannot trade the market like a pro. But don't you think that they have their own reasons? Have you ever thought why they cannot trade like a pro? What do they lack? What sets them away from the professional traders like Singaporean traders? Well, it is totally reasonable for you to have these questions. There are many things that make the trading journey of a naïve trader really tough. They may even think of quitting the market. Some naïve traders don't leave the market but they keep trading even if they lose, which is another huge mistake. Leaving the market would be much better than remaining in the market and making losses. So anyway, if you are a naïve trader you should learn why trading is tough. There must be valid reasons why trading is tough only for naïve traders but not for professionals. Actually, it is not about the market but it is about the traders. The way you see the market would be…
Online trading has become widely popular in the past few years. With the advancement of modern technology, the common people are more inclined to invest online for getting higher returns. Ontega is a reputed online trading broker site that allows safe FX and CFD trading with the help of their efficient online trading platform. This Cyprus based company educate the investor as well as to become a successful online financial trader. Their online platform is designed in a way, to guide the new as well as the experienced traders.
This article aims to provide you a well-comprehensive review about Ontega trading. The detailed illustration is given below;
Importance of Financial Trading
Online financial trading is an essential tool for those people who seekfinancial freedom and flexibility. Through online trading, you can choose whatever you want to trade and whenever you want to…
There are many traders in this industry that do not have the idea on how they could trade the market without emotions. Most of them get emotional in their trading and before they can make a profit, they have losses in their career. This is not going to work if you want to trade the market professionally with your emotions. The better you trade without emotions, the perfect you can become. This article will tell you why you need to trade like a robot. You may feel the thrill of trading with ups and downs when you are emotional but it will keep your account safe. This article will give you some tips that you need to follow in all of your trades.
Learn from the experience traders
Being a new trader, you should seek help from the expert traders in the United Kingdom. They will give you a clear overview of the complex nature of the Forex market. If possible try to find some expert mentor. Many novice UK traders have mastered currency trading profession…
I read a Forex post comment the other day written by Daniel Stasziek on a Sir Gissachance trading alert, the alert was bang on the money but Daniel's comment was really quite funny and equally on the money, inspiring me to send this one. Watching this clip reminded me alot of when Sir Gissachance unintentially but repeatedly traded against the expert panel at Forexstreet and their continued response to his posts over several years of trading there. Everyone used to watch that forum try to bully him constantly but it never worked. The whole FXStreet cover up story lead by the blind leading the…
Recently I've got back to one great book about Modelling and Simulations I read few years back. There is a basic model for economics mentioned, the Pólya urn model. It reminds me nothing but our lovely financial markets we trade everyday.
How does Pólya urn model work?
"objects are represented as colored balls in an urn. In the basic Pólya urn model, the urn contains x white and y black balls; one ball is drawn randomly from the urn and its color observed; it is then returned in the urn, and an additional ball of the same color is added to the urn, and the selection process is repeated. Questions of interest are the evolution of the urn population and the sequence of colors of the balls drawn out." (…
Presenting keyboard shortcuts which I find extremely useful in charting forex markets. Keyboard shortcuts will especially help in making trading alot faster, so why not begin to learn them all which enables extra speed putting a trader in front of trading competitors? (:
Provided by www.oanda.com. It is easy to see most of the traders around Forexmospherians.com trading forum using these tools. The most useful of all and used all the time by myself are marked in the red rectangle in the photo below.
Wash trading, tape painting, spoofing, pump and dump.
There have been so many people sentenced for these activities. Despite the fact they know it is illegal they keep trying.
Now let's imagine you are one of the people who want to make big money in the market, you can try one of the activity mentioned above, but you are facing the risk of going to jail. Well it does not sound so cool anymore, right? But wait... What if there was some kind of unregulated market with big cap and liquidity?
Aaaaand there is one =) In my personal view, all the market fraudsters are already there, rigging the crypto market with style.…
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