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Tips for traders beginners: There is nothing bad in frequent entrances to the market but if you use it clumsily, you can go bankrupt quickly. The main point of the strategy is that the trader increases the volume of a negative position assuming that the market would return to its former state and all the positions would be closed in profit. But if the currency rate goes far away from its former state, the losses will be enormous and that’s why it is better just to buy and maintain.

Tips for traders: Use cycle of results Many events in the world occur cyclically. Trader’s live also goes through periods of victories and defeats. By increasing the size of your positions during the synchronization with the market and decreasing otherwise, you can achieve a positive result of trade. A skillful money management is used by most successful traders (if not by all). "The idea is to lose as little as possible while you're in a losing streak" - Victor Sperandeo, fund manager.

Tips for traders: Don’t turn profitable positions into losing ones. Watch the market move. As soon as positive readings are reached, put a stop at the entrance to the market. It will help you to protect your money. Then move the stop after the trend so that the positions remained profitable for you.

Tips for traders: Understand your motives Before you start trading, answer the question: why do I want to do this? Are you seeking for a trill? Or do you like to solve tricky puzzles? Or perhaps, you want to become rich at once? Do you wish to master an extremely interesting profession (probably for whole your life) or you try to escape everyday life? Or maybe Soros laurels make you restless? A clear idea of your goals will help you to find the shortest path to reach them.

Tips for traders beginners: A common mistake made by traders beginners is an early closing of profitable positions. Don’t deviate from your plan. It will help you not to lose your potential profit.

Tips for traders-beginners: Trading system Every trader has his own trading system that he adjusts for himself. Some traders prefer a day trading system, others like longer periods. The main thing is not to deviate from the original plan of trading. A few bad operations do not make your system a fail.

Tips for traders: Your system is your advantage To win in a stock market game you need to have some advantage over other traders. Such advantage is your own trading system proved on historical data and showing a positive result. Your trading system must not be complicated, it should be easily adjusted to constantly changing market conditions. “The more complicated the system is, the more details it has, the more vulnerable it is”, - Dr. Alexander Elder.

Learn from your mistakes Make a thorough exam of both your profitable positions and negative ones. The grief of loss is much less if you understand your error and you are sure not to make the same mistake in future. A trader who can make an advantage of his mistakes is bound to succeed. "As long as you learn something from a loss, it's not really a loss" - Tom Basso, stock and futures trader.

Tips for traders beginners: Take your time! Traders-beginners often open several positions and then understand that they are not able to keep track of all of them. On Forex you can make profit both on the rise and on the fall of the exchange rate. Only one currency pair can be traded successfully. So, at first, focus on one currency pair and gradually master the rest.

Tips for traders beginners Trend is your friend Trade in the direction of the trend and your profit will increase!

Upcoming tournaments on ForexStars.com! http://forexstars.com/en/tournaments/tournament-schedule

ForexStars gives you 100% BONUS for you first deposit! Register on ForexStars.com, enter the promo code BONUS100 during your first transfer, and we will credit 100% of the transferred amount (not more than $ 1,000)! Full information is available here: http://forexstars.com/en/actions/a-actions

http://forexstars.com/en

Everyday from Monday to Friday we organize Forex tournaments for traders. ForexStars holds its tournaments regularly, so you don’t have to wait too long for the next tournament. You can participate in the tournaments every day! We offer you a large number of different tournaments, check them in the Tournaments section: http://forexstars.com/en/tournaments/tournament-types

If you have any questions about our work, tournaments, terms and etc, please contact us by email [email protected] or via LivaChat on our website http://forexstars.com/en/about/contacts. We are glad to help you!

http://forexstars.com/en

Everyday from Monday to Friday we organize Forex tournaments for traders. ForexStars holds its tournaments regularly, so you don’t have to wait too long for the next tournament. You can participate in the tournaments every day! We offer you a large number of different tournaments, check them in the Tournaments section: http://forexstars.com/en/tournaments/tournament-types

Upcoming tournaments at ForexStars 06.06.13

Remember, freeroll and regular tournaments are held every day for Forex traders. Register for the tournament and win its share of the prize pool $ 2000! http://forexstars.com/en

ForexStars gives you 100% BONUS for you first deposit! Register on ForexStars.com, enter the promo code BONUS100 during your first transfer, and we will credit 100% of the transferred amount (not more than $ 1,000)! Full information is available here: http://forexstars.com/en/actions/a-actions

Upcoming tournaments at forexstars.com

ForexStars.com is the first and the largest website which doesn't require having a trading account with any certain broker and offering its users to participate in tournaments involving in Forex trading. Register, participate and show who is the best! Upcoming tournaments at ForexStars:

If you have any questions about our work, tournaments, terms and etc, please contact us by email [email protected] or via LivaChat on our website http://forexstars.com/en/about/contacts. We are glad to help you!

ForexStars gives you 100% BONUS for you first deposit! Register on ForexStars.com, enter the promo code BONUS100 during your first transfer, and we will credit 100% of the transferred amount (not more than $ 1,000)! Full information is available here: http://forexstars.com/en/actions/a-actions