forexstars

Tips for traders beginners: Make sure that Forex trading is really what you want to do. Many people spend much time on studying Forex, analysis of information and practicing trading on real trading accounts of Forex brokers and in result they understand that it is not what they need.

Tips for traders beginners: Don’t trade with many currencies at a time You will do yourself harm if you try to find necessary information and a “feel” at several markets. Learn to understand your limits and trade within these limits. Few traders operate both successfully with the yen and the mark at a time as they are moved by independent factors.

Remember, at 14:00 ( UTC +0:00 ) freeroll tournament will start for Forex traders. Register for the tournament and win its share of the prize pool $ 2000! http://forexstars.com/

Tips for traders: Trading difference between correlated goods Watch for the “families”: mark, sterling or swiss. When you see a wide difference in the group, it can be a signal of trade opportunity.

Remember, at 14:00 and 21:00 ( UTC +0:00 ) freeroll tournament will start for Forex traders. Register for the tournament and win its share of the prize pool $ 2000! http://forexstars.com/

Tips for traders beginners: Trade during the most active months Concerning currency - the beginning, the end and the middle of the year are very good and also the months that close a quarter.

Tips for traders beginners: Try to avoid market orders Stop-order for Buy or Sell at the market may indicate a lack of discipline. However, it happens that when it wants to eliminate a position immediately, market order can help. Your aim should be decreasing market orders, traders say.

Tips for traders: Don’t form new opinions during trading hours Determine your course of actions and then don’t let ups and downs spoil your plan. Decisions taken during a trading day and based on price movements or news are usually disastrous. Lucky traders prefer making their own opinion before market opening and then they look for a proper moment to execute their decision that was taken without any extra emotion at the current market. When a trader totally changes his direction during a trading day, it can confuse him and result in losses in commission and small profit.

Remember, at 08:00 ( UTC +0:00 ) freeroll tournament will start for Forex traders. Register for the tournament and win its share of the prize pool $ 2000! http://forexstars.com/

Tips for traders beginners: Separate your trade from the desire to make profit Don’t hope for promotion if your trade is based on hope. A successful trader can separate trading from emotions. “And though hope is a big virtue in other fields of life, it can be a serious obstacle for a trader”. Hoping that the market will turn to their side, novice traders often break basic trading rules.

Remember, at 08:00 ( UTC +0:00 ) freeroll tournament will start for Forex traders. Register for the tournament and win its share of the prize pool $ 2000! http://forexstars.com/

Tips for traders beginners: Don’t overdo One rule of a thumb is that you have to keep three times more money on your account than it is necessary for a certain position. Reduce your positions if it is necessary to prove this rule. This rule helps you to escape trading decisions based on the sum of money on your account. If you take a bigger position than a sum on your account, you can be made to close it early and you will have big losses which could have been avoided.

Remember, at 14:00 ( UTC +0:00 ) freeroll tournament will start for Forex traders. Register for the tournament and win its share of the prize pool $ 2000! http://forexstars.com/

Remember, at 14:00 and 21.00( UTC +0:00 ) freeroll tournament will start for Forex traders. Register for the tournament and win its share of the prize pool $ 2000! http://forexstars.com/

Tips for traders beginners: Use the money that you can afford losing If you speculate on the currency with the money which you need for some family needs, for example, to buy a new car, a fur coat for your wife or to pay for the college of your children, then you are sure to fail as you will not be able to enjoy real freedom to take sober-minded trading decisions. Your speculation funds must be considered as money which you want to lose. Your state will be thoroughly examined that’s why you don’t risk losing your other funds or assets. One of the keys to successful trading is your internal independence. “You have to trade within a minimum factors of exterior influence and it means that your trading freedom must not be influenced because of the fear to lose money which you have saved for a certain need”, - says a trader. “The market is not an arena for “scared money”.

Remember, at 14:00 and 21.00 ( UTC +0:00 ) freeroll tournaments will start for Forex traders. Register for the tournament and win its share of the prize pool $ 2000! http://forexstars.com/

Tips for traders beginners: Choose your type of account and leverage according to your needs and expectations. Continuing the above-mentioned advice it is necessary that you should choose a type of trading account which meets your expectations and knowledge most of all. Various types of accounts offered by Forex brokers may be confusing at first but a common rule is that the lower the leverage, the better. If you have a good understanding of leverage principles and trading in the whole, you will be satisfied with a standard account. If you are an absolute beginner, you better practice trading at Forex with a mini account. In the whole, the lower your risk, the higher you chances for successful trading. So, make you choice in the most conservative way especially when you start your career.

Remember, at 14:00 an 21:00( UTC +0:00 ) freeroll tournaments will start for Forex traders. Register for the tournament and win its share of the prize pool $ 2000! http://forexstars.com/

Dear client of ForexStars.com! We are glad to announce that we have launched a new website version http://forexstars.com/. We tried to make it as convenient for you as possible. You can enter your account in forexstars.com using your former registration data – email and password. Join forexstars.com, participate in our daily tournaments and win! Good luck in ForexStars.com!

Tips for traders beginners: Know yourself. Determine your risk appetite. Understand your needs. To get profit from trading you have to understand the market’s behavior. To understand Forex market, you must at first understand yourself. The first step of getting knowledge about yourself guarantees that your inclination to risk while investing and trading at Forex is not insufficient or over sufficient. It means that you need to examine and analyze your financial goals before trading at Forex.

Remember, at 14:00 ( UTC +0:00 ) freeroll tournament will start for Forex traders. Register for the tournament and win its share of the prize pool $ 2000! http://forexstars.com/

Tips for traders: Remember about a Stop-Order. A common cause of losses is a wrong money management. To prevent huge losses use a stop-loss order.

Remember, at 14:00 ( UTC +0:00 ) freeroll tournament will start for Forex traders. Register for the tournament and win its share of the prize pool $ 2000! http://forexstars.com/

Dear client of ForexStars.com! We are glad to announce that we have launched a new website version http://forexstars.com/. We tried to make it as convenient for you as possible. You can enter your account in forexstars.com using your former registration data – email and password. Join forexstars.com, participate in our daily tournaments and win! Good luck in ForexStars.com!

Dear client of ForexStars.com! We are glad to announce that we have launched a new website version http://forexstars.com/. We tried to make it as convenient for you as possible. You can enter your account in forexstars.com using your former registration data – email and password. Join forexstars.com, participate in our daily tournaments and win! Good luck in ForexStars.com!