It’s said that 85% of Forex traders are losing their money in the first three months of their trading, I think in some market cases it exceeds this ratio and may hits 95%, most of people say this loss is a result of trading while having no strong knowledge about Forex market, I don’t agree this all the way.
For me I think the most important reason is trading style including strategy, money management and risk management, another important reason is crowding up your mind with a lot of technical and fundamental tools and trying to apply all of them at once.
Theoretically all analysis methods “wither it’s technical or fundamental” are correct ways because they are only measuring tools, they differs in the accuracy of their results and this varies from time to time, they just give you inputs and you are responsible of applying these inputs that’s why I don’t mind which indicator you are using, just try not to crowd your mind with a lot of them.
To move yourself into the successful 15% you don’t need to know a lot in analysis field, you don’t need to have a big capital too. I wouldn’t encourage you to be calm, concentrate, look at your charts and go the way they tell you and such advices. We’ll be instead discussing the actual steps that you can take in order to get yourself out of loss and list your name in the 15% successful traders list. The best resource for FOREX trading is MoneyTec MoneyTec,  – Active Traders Community Forum, Chat. MoneyTec is an online trading community that promotes mature, intelligent & respectful discussion in a positive & safe environment for everyone.
My strategy depends on simplicity as it just includes 2 indicators for the technical part of it. Let’s see how would it work:
a)Â Â Â Money Management:
1.   First of all count your capital well and I mean by this the money you can afford to lose “this is rule no. 1 in investment as this will remove stress from you”.
2.   Decide your monthly return average expectation from this money : This will make you able to count the average weekly and daily return “Weekly and Daily Target”.
3.   Decide what will you do with your profits in case you achieve your targets, how much will you get out from it and how much will you re-invest : This will be enough to have a steady and stable trading strategy.
4.   Most important point, limit your trade size, this shouldn’t exceed 5% of your balance if you want to survive in this market.
These are all what we need from money management right now, it’s a huge subject to be involved in.
b)Â Â Â Risk Management :
1.   Limit your loss : The whole money you can afford to loss from your investment budget.
2.   According to your daily and weekly target, you could limit your daily and weekly loss, so if it touch that limit you stop trading till the other period of time, risking of $1 per $3 expected profit is good while 1: 2 still accepted.
3.   Keep in mind that “If you lost a day, it means you lost that day’s profit of the total month’s profit” don’t try and squeeze yourself the day after to get a double profit, otherwise you will be spoiling your trading system.
c)Â Â Â Technical Trading System :
This trading system is a common old system traders were used to use it randomly, we will be using it in a more modern way, it contains of :
1.   2 Exponential Moving Average (EMA) of values 7 – 15 .
2.   Relative Strength Index (RSI) as a confirmation tool.
Well, now as we have everything setup, it isn’t so hard to understand that system, the usual way was used by traders is : “once EMA-7 cross EMA-15 you go with it, so if it cross to up, you buy, otherwise you are selling”, this is completely true but you need to confirm this signal by another tool like “RSI”, once you get Moving Averages signal you check your RSI line direction and value, if it’s positive you can start trading, if not you should ignore till you get a positive signal that everything is fine, your stop loss would be if the EMA-15 returns to cross EMA-7 and your stop loss would be 20% of your daily affordable loss that you decided before, so you have a chance to trade for 5 times per day if you lost all trades.
Keep in mind that you shouldn’t put all trade size limit “which you decide before while setting up your money management section” in just one trade, you may need to support your trade later or add more fund to it.
Last thing to be said is the classical advice “Don’t be greedy and don’t feel panic”, this is the best feature we have in Forex, take profit and stop loss points.
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Stock Market Wisdom-Learning to Trade Like the Legends, Part 3
All the very best traders and investors have a method that will give them an edge. Having an edge means the odds, or probabilities are in your favor each time a trade is initiated. The method implemented depends upon the individual traders philosophy. It can be technically based, fundamentally based, or a combination of both. It can be short-term or long-term. There are very successful traders with methods that are completely different. You simply can not win unless you have a method that puts the odds in your favor. This includes the stock market, or any other trading venue.
Discipline is an absolutely crucial element. All the great traders and investors know that without discipline, it does not matter how good your trading plan or method is. You need discipline to implement your trading plan. You can not be second-guessing your entry signal, exit signal, and money management rules. Basically, you must have the discipline to completely follow every part of your trading plan. This will also help keep emotions out of your trading.
Top traders and investors fully understand that sometimes a trade you put on, is not going to work out. They realize that some trades are going to result in a loss. The key is to keep all losses small. There are fantastic traders in the stock market and futures market, who only win about 50% of their trades. The key is their winning trades tend to result in substantial profits, while their losing trades result in only small losses. The best traders know they will win over the long run. Taking a small loss does not bother a great trader at all.
Gucci Silver Watches Market March Towards to an International Way
30 years of reform and opening up, China’s watch and clock industry developed rapidly. According to industry research centers in China information, China has become the world’s largest producer of watches and clocks, world clock processing base, the product production largest in the world, diversified product varieties and series, basically meet different consumer groups in China needs.
Has many years of Watch contractor experience, Shenzhen Convention and Exhibition Culture Communication Co., Ltd general manager, Huang Po Shan profound said past 30 years, our watches production center from a few large state-owned enterprise production and management turned to the Pearl River Delta as Shenzhen the representative , a new watch processing base stand in China. Today, a variety of new materials create extraordinary creativity sections Gucci silver watches, not only indicates the time, but also decorated the room, decorated with human, going from a timing device to transform himself into a personal identity and a symbol of wealth. The “2010 China (Shenzhen) International Watch Fair” (“the Shenzhen Watch & Clock Fair”), for example, it is not only new release to show the brand, , the platform for developing business channels, but also is a fabulous fashion conferences; it is competitive field, also is show field.
Celebrity endorsement ,the way to establish brand
Quickly open the market with celebrity, is unique skills of business marketing. With signing well-known artists Louis Koo’s east, FIYTA in “Shenzhen Watch & Clock Fair” on the show dressed. The main push -the Triumph range, design ranges between business and casual, catered to the mainstream aesthetics of
Gucci silver watches Chinese consumers in recent years,. And just won the right “global industrial design Oscar” reputation- the German Red Dot Design Award- FIYTA creative space form masters series “Skywalker” will once again into the spotlight. Similarly, Hunan TV host Wang Han-masters put a gaya watch as a new form of image voice; famous film star Kenneth Chan of Hong Kong were invited to become the image, Porsche spokesman. Even the well-known economist in Hong Kong, Professor Lang was Renault appearances in fashion”model.”
Brand Exhibition International Development Road
Brand is the most important intangible assets of an enterprise, not easy to create a brand, is more difficult to establish a long-term brand. With high-end corporate brand building exhibition shows the importance attached to demonstrate the technological innovation and corporate R & D capabilities, open up a broader market space is a visionary entrepreneur wise choice.
According to exhibition organizers, Asia, Europe and the United States brings together more than 20 countries and regions, more than 500 companies in more than 1,400 booths, exhibits foreign brand watches, movement, clock, digital calendar, clock parts equipment, machinery attracted more than 20 countries and regions purchase nearly 4 million visitors. Fully shows China’s enormous market power and excellent production with the convenient ability. The exhibition, following the mechanical watches, quartz watches, the third generation after the timer – clock radio enterprises collective appearance, indicates that China is following in Germany, Britain, Japan, the United States has a wave form after the fifth technical States, some of the core China Watch technology has been with international practice.
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Volatile Market Conditions Affecting Exchange Rates – Gerardassociates
We continue our daily look at factors affecting currencies allowing some insight into market conditions affecting exchange rates. Cash and income timing for UK Pensions and QROPS should be considered to maximise the Pension, QROPS and investment income and benefits taken.
Investment market volatility and currency exchange remains a challenge. Things are still very volatile and we are in unique global influencing territory. In conjunction with investment returns, currency exchange continues to concern many expats with UK Pensions, QROPS and now QNUPS.
Sterling gained back some of its previously lost ground yesterday after high CPI figures prompted investors to hedge bets that the UK may increase interest rates sooner than expected to tackle rising inflation figures. A 1.4% rise in UK share prices also aided sterling.
Sterling’s gains were mainly evident against the US dollar which saw it rise to a 2 day high of $1.5189. Overall the pound was 1% up from the day low $1.4963 which was caused by the previous days comments from credit ratings agency S&P, which suggested that the UK’s Triple A rating was still at risk.
CPI data excluding energy, food, alcohol and tobacco was up 3.1% Year on year which was a 0.2% gain from May’s 2.9% and still way above the Bank of England’s inflation target which stands at 2.0%.
The figures will give strength to people like Andrew Sentance, who would argue that the UK is running the risk that inflation expectations will be de-anchored and will become a problem in the medium term.
Bank of England policy maker Andrew Sentence voted for a 25 basis point interest rate increase last month, and has been thought to have done so again this month.
An increase in interest rates would appeal to investors as it would increase the yield on sterling investment.
Against the euro sterling started the session around €1.1940 but gained ground shortly after, as CPI data was released and Moody’s ratings agency downgraded Portugal by two notches from AA2 to A1. By midday GBP/EUR briefly jumped back above €1.20 to reach a day high of €1.2020.
However these gains were short-lived, as Greece managed to sell six-month Treasury bills to the market in its first debt offer since securing emergency loans in May. This pulled GBP/EUR back down to around €1.1970. The positive news helped the euro to reach $1.2737 a two month high.
Other data showed that UK retail sales rose 1.2% in June from the previous month, their best showing since March.
Although the UK is showing positive data release in various sectors, some investors do worry that the economy may suffer if interest rates were to rise earlier than expected and Bank of England policymaker Adam Posen stated on Monday that the UK may slip back into recession due to looming fiscal issues and problems in the EuroZone.
Gerard Associates Ltd advises expats and people considering living abroad on the technical and currency options available for Pensions, QROPS, QNUPS and investments in a clear format allowing all customers to make an informed choice. Our service encompasses Pensions, investments, currency exchange and guidance on taxation in most popular ‘sunnier’ climates. This with the re-assurance and security of UK authorised and regulated advice – essential tools to avoid the offshore casino.