Vectors and 3D Models
Local Search - Finance
Weather Information
Get the App for Smartphones and Tablets

Go Back

WhmSoft Free Articles Directory
Free Articles for Reprint
Free Articles to Publish
Free Articles for Newsletters
Videos to Watch

Page Generation Date and Time:
06/04/2020 16:21:44

Free the Animation VR / AR
Play to reveal 3D images and 3D models!
Demonstration A-Frame / Multiplayer
Android app on Google Play
vlrPhone / vlrFilter
Project of very low consumption, radiation and bitrate softphones, with the support of the spatial audio, of the frequency shifts and of the ultrasonic communications / Multifunction Audio Filter with Remote Control!

Alexa Data

Go To Articles Directory Home Page

To get the current article, - See Below (at the bottom of the page) -.
For top news titles, see below.
Web sites and videos listed in this page are frequently updated.
If you find that this page is useful (quality of web sites, images and videos, ...), you can add it to your favorites.
Bookmark Page !

Tell a Friend:

With your mobile phone (WAP / I-Mode / iPhone / PDA), for free:
The Top News -
The Daily Files -
All the Directory Files -

Web version of feeds:
Podcast Music -
Daily Files -

You can play the Guitar Drum Revolution game (flash game) by following the link below:
Play Guitar Drum Revolution Game

You can play free online games (flash games) by following the link below:
Free Online Games

Play the samples below:
Egg FighterSamsam RaceAmong The CloudsLe Petit ChatonSift Heads 0

You can view the people (celebrities) news and the front page news (with videos, images and constant updates) by following the link below:
View Recent News
or by visiting the WhmSoft Service blog:
News Photos Slideshows

Article Keyword Videos to Watch
Click on the image to start the video.

Related Topics
Images - Links - Articles


Related Images

Article Category Videos to Watch
Go to the Videos Pages

Ultimate Guide To Become Good Forex Trader - Part 1

Forex Tips - Part 1 of 3

Trade pairs, not currencies - Like any relationship, you have to know both sides. Success or failure in forex trading
depends upon being right about both currencies and how they impact one another, not just one.

Knowledge is Power - When starting out trading forex online, it is essential that you understand the basics of
this market if you want to make the most of your investments.

The main forex influencer is global news and events. For example, say an ECB statement is released on European
interest rates which typically will cause a flurry of activity. Most newcomers react violently to news like this and close their positions and subsequently miss out on some of the best trading opportunities by waiting until the market calms down. The potential in the forex market is in the volatility, not in its tranquility.

Understand that prices move by trends. Forex has a popular saying, "The trend is your friend." there are certain
movements that have been studied over many years in order to identify a pattern in the trend. These trends need to
be understood in order to understand a good trading strategy. For small accounts that are ,000 and under, trading
with a trend may help improving your odds when compared to bi-directional trading. Most newbie’s will look to trade
in any direction, when they should be trading with a trend.

Unambitious trading - Many new traders will place very tight orders in order to take very small profits. This is
not a sustainable approach because although you may be profitable in the short run (if you are lucky), you risk
losing in the longer term as you have to recover the difference between the bid and the ask price before you can
make any profit and this is much more difficult when you make small trades than when you make larger ones.

Before you take any position, look over the top five currencies to make sure you’re not missing something.
The top five foreign in forex are: USD/Yen, Swiss franc/USD, Euro/Yen, Euro/USD and Pound/USD.

Over-cautious trading - Like the trader who tries to take small incremental profits all the time, the trader who
places tight stop losses with a retail forex broker is doomed. As we stated above, you have to give your position a
fair chance to demonstrate its ability to produce. If you don't place reasonable stop losses that allow your trade
to do so, you will always end up undercutting yourself and losing a small piece of your deposit with every trade.

There is no one strategy that will work for all the traders, each individual trader will need to develop their own
approach to the market. While some traders may relay solely on technical analysis, others may prefer a more
fundamental approach, while the more successful traders use a combination of both. Each individual trader will
need to learn the best approach for them selves in order to gain a more comprehensive overview of the forex
market in order to prepare for any entry and exit points.

Independence - If you are new to forex, you will either decide to trade your own money or to have a broker trade
it for you. So far, so good. But your risk of losing increases exponentially if you either of these two things:

Interfere with what your broker is doing on your behalf (as his strategy might require a long gestation period);

Seek advice from too many sources - multiple input will only result in multiple losses. Take a position, ride with
it and then analyse the outcome - by yourself, for yourself.

Tiny margins - Margin trading is one of the biggest advantages in trading forex as it allows you to trade amounts
far larger than the total of your deposits. However, it can also be dangerous to novice traders as it can appeal to
the greed factor that destroys many forex traders. The best guideline is to increase your leverage in line
with your experience and success.

Letting your emotions rule your decisions can hurt your trading in several different ways. It’s the reason that most
experienced traders tell novice traders that they need to develop a system – and stick to it no matter what. The
system tells you when to buy, what to buy, when to trade and what to trade for. By sticking to your system even when
you want to fly in the face of accumulated data, you’ll maximize your profits.

No strategy - The aim of making money is not a trading strategy. A strategy is your map for how you plan to make
money. Your strategy details the approach you are going to take, which currencies you are going to trade and how
you will manage your risk. Without a strategy, you may become one of the 90% of new traders that lose their money.

Trading Off-Peak Hours - Professional FX traders, option traders, and hedge funds posses a huge advantage over
small retail traders during off-peak hours (between 2200 CET and 1000 CET) as they can hedge their positions and
move them around when there is far small trade volume is going through (meaning their risk is smaller). The best
advice for trading during off peak hours is simple - don't.

About the Author: Adam Taylor, a successful forex trader with over 5 years of experience, has helped countless beginning traders to become successful. Now, you can find more information at Learn Forex Trading and learn Forex like you should.

Recommended Web Site(s):

Easy Articles Home Page - Articles Directory

Recommended WhmSoft Web Sites, Feeds and WAP Address:

WhmSoft Software Home Page - Software
WhmSoft Services Login Page - Music and Images
WhmSoft Moblog Home Page - Blog - Photo Gallery
WhmSoft Free Online Games Home Page - Flash Games
WhmSoft Services RSS Feed - Daily Music, Image and 3D Flash Animation
Classical Music with Drum RSS Feed - MIDI and MP3 Files
Classical Music with Drum Podcast Feed - MP3 and MP3 Files
WAP / I-Mode / PDAs - Daily Music, Image and Flash Animation

Home Pages:

WhmSoft Free Articles for Reprint Home Page
WhmSoft Services Home Page - Music and Images
Copyright (C) 2006-2020 WhmSoft - All Rights Reserved.