Brandur Madrigal Posted August 13, 2011 Report Posted August 13, 2011 One of the most important part of trading forex, especially for beginners. For every single trade that you enter into, no matter what, always set a stop loss. Initially, you can set the stop loss for 20 pips below the entry price with a goal of taking profit when the price rises at least 10 pips. When the price does rise, you can make a decision, either you can sell the currency or you can move your stop loss to break-even. As the price rises you can move your stop loss up or sell if the trend indicates the currency might moves down. This way your bad decisions won’t cost you while you’ll get the maximum profit from your wins. trading automatique
bulastika Posted August 14, 2011 Report Posted August 14, 2011 Its better to always be defensive in trading and not aggressive. Forex trading is not form of gambling its a form of investments. That why we always must keep focusing on earning and not on trading.
Estella Posted August 17, 2011 Report Posted August 17, 2011 Automated FX trading robots have now made Forex trading a more attractive venture for those who are risk-takers and who are willing to face the uncertainties of foreign exchange to make huge profits out of it. Forex | Trade Forex | Forex Trading
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