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Saturday, August 21, 2010

Tip nTrick Trading

I want to share about Tips and Trick Trading:

Tips for Trader:

*.  Patient and Don't Panic, it's important.

*.  Don't make a Greedy, you lose if you are Greedy in Trading.

*. For the first Position, don't put a big Quantity. It's Better put a little after that you can put a middle and the last is high Quantity (This condition for your Lose Trade in the First Position) and CLOSED ALL POSITION when you PROFIT !!!

*. Put new Position in the Right Time, waiting the market Move Fast and take the Profit as you have.

*. You must know when the Market Open and When the Market Closed.

*. Read your Charts in Long Term (1 Hours, Daily) and compare with 30 minute Charts, don't forget to compare with NEWS too before you Put New Position.

*. Used your chart with Indicator, it's help you to put New Position (Compare with News)

*. Don't used more than 10% from your Capital, if critical you can used Max 12% from Capital.

*. Have a Target Point in Profit and Target in Lose, don't let it lose more is better Profit Position you Hold than Lose ... LOL ... :)

*. Focus in One or Two Pair, if you have NICE Capital better you playing in Commodities (Gold) or in Pair GBP/USD, EUR/USD.

*. DON'T EMOTIONAL, Closed your Computer when you Lose Much, and take a REST ... and RELAXED ...

*. You have a Money Management and Risk Management.

Trick For Trader:

*. Hit and Run when the Market Move Fast and Put the Midle or Big Quantity and Closed when you Profit.

*. Daily Target, it's important to you if you want to increase your Capital.


Good Luck and Take Care.







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