Losses in Forex trading

It is necessary for the exchange of good knowledge, guidance and training to succeed in currency trading. It 's a fact that over 95% of people who are losing the market because of lack of experience and expertise. More than profit, you must first learn to stop losses in Forex trading.

This form of negotiation can be very lucrative if you take time and try to learn the ropes. After developing the skills and you can easily earn a stable income with minimal effort outside of your normal work.

If you want to avoid losing the original never make the mistake of negotiating directly with your money on the market alive, without any previous experience. Most traders to offer bogus account with which you can participate in the exchange without investing money. This will give you a clear idea of the process and flow of commerce and learn many aspects of Forex.

Try to learn to not go according to your instincts, while trading. You should never buy or sell just because your heart says! Never open or close a position, if you have no reason and have obtained reliable information to do so. Trading based on emotions can be dangerous and can lead to huge losses.

Do not try to go against the market. Learning to go with trends. Most of the time when a trend starts to evolve in the same direction for some time. You must learn to come and go between these trends. Going against the market usually leads to losing.

FOREX SCAM

A forex scam is any trading scheme used to defraud individual traders by convincing them that they can expect to gain a high profit by trading in the foreign exchange market. Currency trading "has become the fraud du jour," according to Michael Dunn of the U.S. Commodity Futures Trading Commission. But "the market has long been plagued by swindlers preying on the gullible," according to the New York Times "The average individual foreign-exchange-trading victim loses about $15,000, according to CFTC records" according to The Wall Street Journal.The North American Securities Administrators Association says that "off-exchange forex trading by retail investors is at best extremely risky, and at worst, outright fraud."

“In a typical case, investors may be promised tens of thousands of dollars in profits in just a few weeks or months, with an initial investment of only $5,000. Often, the investor’s money is never actually placed in the market through a legitimate dealer, but simply diverted – stolen – for the personal benefit of the con artists.”The forex market is a zero-sum game , meaning that whatever one trader gains, another loses, except that brokerage commissions and other transaction costs are subtracted from the results of all traders, technically making forex a "negative-sum" game.

These scams might include churning of customer accounts for the purpose of generating commissions, selling software that is supposed to guide the customer to large profits,improperly managed "managed accounts", false advertising, Ponzi schemes and outright fraud.It also refers to any retail forex broker who indicates that trading foreign exchange is a low risk, high profit investment. The U.S. Commodity Futures Trading Commission (CFTC), which loosely regulates the foreign exchange market in the United States, has noted an increase in the amount of unscrupulous activity in the non-bank foreign exchange industry.

An official of the National Futures Association was quoted as saying, "Retail forex trading has increased dramatically over the past few years. Unfortunately, the amount of forex fraud has also increased dramatically..." Between 2001 and 2006 the U.S. Commodity Futures Trading Commission has prosecuted more than 80 cases involving the defrauding of more than 23,000 customers who lost $350 million. From 2001 to 2007, about 26,000 people lost $460 million in forex frauds. [CNN quoted Godfried De Vidts, President of the Financial Markets Association, a European body, as saying, "Banks have a duty to protect their customers and they should make sure customers understand what they are doing. Now if people go online, on non-bank portals, how is this control being done?"

HEAVEN & EARTH TECHNIQUE II

After you activate the pending order is completed. Monitor continues to chart ahead of news out until 2 minutes after the news came out. There are 2 possibilities:

1) If the market moved quickly after the news was announced it is normally one of the two orders will be executed. Once one of the orders are executed, IMMEDIATELY WITHOUT cancel another order waiting to see if you have an open position profit.

There are 2 possibilities:

A. TARGET you will be exposed to and profit in less than 1 minute after the announcement (for example, U.S. news came out at 20:30, then usually not until 20:31 of the second order one would be touched or even profit).

B. TARGET you are not yet affected but those of you who executed the position was still open. If the distance hi low before the news was 100, then you should close even though your profit / loss less or a maximum wait until up to 1 minute. But when the daily low hi before the news was announced is still below 70 points (ideal) then you can leave to a maximum of 2 minutes. (For those of you who understand the fundamental news, it's best if you can find out the results of actual news, if the difference between actual and forecast results news big enough then you can wait up to 2 minutes or even more because of the possibility prices will keep moving)

Once the order is touched by one, wait until 1 or 2 minutes. When in 1 or 2 minutes have not touched the target, then you can manually close

Especially for Non-Farm Payroll unnecessary dicancel after one touched because if you buy a position turned the loss because the price was not long before you sell the position will profit, so at least your loss can be minimized.

2) If the market is moving slowly or not moving and the two orders are not touched until 1 minute after the news was announced, immediately cancel both.

HEAVEN & EARTH TECHNIQUE I

The basis of the technique of Heaven & Earth is to use a Stop Order Stop Order Buy and Sell just before the announcement of certain important economic news in the hope that if a high enough price movement, either up or down, then you still profit.
The technique is different forex forex technique because we have similar modifications in order to minimize loss and generates a constant profit. Return On Investment (ROI) around a minimum of 10% to 50% per month.

This technique can only be used on the following forex brokers. We will not be responsible if your loss because of using this technique in other forex brokers.
(Click here to register an account on the broker forex trading especially for the technique of Heaven and Earth)

How To Step by Step trading using the technique of Heaven & Earth www.BelajarForexPro.com exclusive property, namely:
Open in forexfactory.com Economic Calendar for the weekly schedule of economic news that matters. Economic Calendar Set time in your timezone forexfactory.com appropriate (eg you can set to GMT +7 GMT). Save the page economic calendar by clicking "File" then "Save As". To be more practical, you can check the schedule of important news under this article.

Download and install software atomic clocks (the world's most accurate clock) http://www.qlock.com website. This software is very important in forex trading using the technique of Heaven & Earth. After you install it, then do not forget you set it to your local clock and the new york times (2 hours at a time). Use the format hours, minutes and seconds, because it defaults to only hours and minutes only.

Use the GBP / USD (for news of U.S. and UK) and USD / CAD (for news Canada). Before you can check the range of trade HIGH LOW daily currency concerned what was in the top 100. If you have above 100 is better you set a small target or no trade. To ideally is under 70 points.

Use 30X to 50x your capital (with no record of other positions that you open). Example if your $ 3,000 capital, you can use a 100K or 150K standard lot. If your capital $ 300 you can use 10K or 15K mini lot.

Set the chart to 1 minute timeframes. Messages pending orders Buy Stop and Sell Stop 13 points (except for Non-Farm Payroll should be 15 points or more for example 16-18 points) in UP and the DOWN RIGHT PRICE THEN in 1 minute or less before the news came out (less than 1 minute if you using a robot). (Example: the current price Bid / Ask 1.1950/55, attach Buy Stop at 1.1955 + 0.0013 = 1.1968 and Sell Stop at 1.1950 - 0.0013 = 1.1937).

It is strongly recommended to use stop loss 20 to 30 points (max) and while the target can be adjusted rate kepetingan news that will be out for example from 10 to 25 points (15 goals set just to be safe if the distance from the current price is 13 points, because usually the news usually important enough to move a minimum of approximately 20 points. Remember what is important is a safe trading! Especially for Non-Farm Payroll can be set to target 20 to 30 points). To a certain broker targets Perhaps you think "why a very small target?" The answer: because we are prioritizing "Konstanitas" and "Security"!

But let your account. Let's say 1 month you can get at least 70 points. If your $ 1,000 capital, then the lot you are using (eg, 40 times capital) is 40 x 1000 = 40K Lot. For Gbp / Usd value per point is $ 4 when using Lot 40K. So your profit per month at least 70 x 4 = $ 280 or 28%. Simply amazing. Maybe the other techniques can produce hundreds of points per month. But the question is whether the result is constant each month? It's useless if the profit a few months hundreds of points but the next month or even the loss of hundreds of points affected by the Margin Call.

DOUBLE IMPACT TECHNIQUE II

To minimize the risk

Doing the CUT LOSS ALL POSITIONS by closing down of (A) or (D) if the position (D) has touched and continues to grow minusnya (Cut loss at the position D is not raw, but you can change up to the position C so that loss is not too large).

Using GAP larger example 50, 60 or according to your taste with the consequences of knowing the character of the movement of the currency used, and do not forget to adjust the level with GAPnya TP. To be more safe, you can use a combination of increasing such orders Gap 1 Gap 30 points, 2nd order 40-point gap, 50-point gap order 3, order 4 gap 60 points, etc.

PLEASE NOTE:
Illustration of the calculation (A) through (E) above shall be used as just understanding. Do NOT put into practice because if your fund can not withstand the loss and was forced to close when the position (A) through (E) has been open, then the amount must be very BIG LOSS. Better you close all open positions when the position (A) through (C) or (D) because the lots are relatively small, the loss incurred is not too large.

Because of that, has been described above that the way to reduce the most risk is the discipline doing the CUT LOSS TO ALL POSITIONS OPEN from (A) through (C) or (D) at the time: The position with Largest Lot (C) or (D) is not immediate profit, and showed a tendency to getting worse (minus the more enlarged).

Once the position (A) through (C) or (D) dicut loss. Please repeat orders from Step 2. Another tip is to reduce the risk of not mengorder position (E). Enough (A) through (C) or (D) alone. Unless you already understand and adept at using this technique.

You do not have to worry about when doing cut loss and a loss, because all successful traders also suffered losses. The difference is how much your total profit compared to the losses suffered. If the total gains far exceed the total losses then it certainly will not be Manjadi problem. Without your mental readiness will not likely succeed in forex.

Indeed at first you feel heavy to cut loss and losing a percentage of the funds, but this way is much safer than the risk of Margin Call. Remember do not be greedy! You need not worry because if you are consistent, the loss will return within a short time and even generate extraordinary profits.

DOUBLE IMPACT TECHNIQUE I

This technique uses average techniques simultaneously. Only suitable for a currency that has a daily range was too large and stable. Example: USD / CHF, etc.. Ideally used pair also has a small spread and combined with a broker to feature trading robot (Expert Advisor).

Double Impact basis of this technique is applicable balance principle in the universe, as if there is a good example of course there are bad, there is day and night, the men and women. Likewise in the forex, if any increase would have decreased, probably not a Trending market (bullish) will rise and so on remain bearish on the contrary, if, at some point would be turned away.

This is also due to the fear (fear) from human (trader), so if they Long (Buy) and have obtained certain benefits that are considered adequate, so they tend to sell for fear that if prices come back down (loss). Besides many other factors that affect, for example news / news (fundamental analysis), predictive indicators (technical analysys), pivot points, and others.

Factors you should consider in using this forex technique is as follows:
Currency you use MUST have a High-Low Daily Range not too large and stable.
Example: USD / CHF, etc.

Number of lots you use and your capital adequacy
Make sure you understand very well the calculation of leverage, margin, and capital strength that you have.

If there is an important News related to currency ditradingkan, you should be more careful or close positions before the news was announced (or even no trading on that day).
Example: When trading the USD / CHF will have to be careful with the news of U.S. and Switzerland.
If you're still a beginner and want to know the schedule of important news from the market worldwide, please read the news (news) from "economic calendar" on the website http://www.forexfactory.com
Double Impact techniques should be used in our forex broker recommendations:

How To Step by Step trading using the technique's exclusive Double Impact www.BelajarForexPro.com namely:
Customize your existing capital with a minimum lot your forex broker, ie your capital is at least $ 500 if using a micro lot (1000).

Buy OR Sell Open orders (choice) at Market Prices (current price) with 1 micro lot (1000) $ 500 if your capital (especially for those who trade in Broker Forex (FX) Professional, Account MICRO).

Use Contract size (number of lots) 2x capital.

Example: capital $ 500 then use 2 x 500 = 1000 units or micro lot (per pip is worth $ 0.1). On Platform Forex (FX) Professional (MICRO-type account), is a volume of 1 micro lot. If your $ 1,000 capital it can use a lot 2 or 1 (more secure).

To account type Standard, suggested minimum $ 5,000, and open a mini lots (0.1 volumes). Please read the difference in the calculation of lot at Broker Forex (FX) Professional.

You also can use any indicator to predict than the first time that such an open intersection with the 13 EMA 50 EMA, MACD, etc.. For the record, you need not think should be open-reel buy and sell because the principle of balance which is the basis of this technique. So please you open any position because the technique will still be profitable even if you mistakenly select the Buy or Sell.

For example the first time is open Buy 1 Lot at a price of 1.3000, TP at 1.3050 50 points. Then you can order pending order "Buy Limit" Lot 2 at a distance of 50 points at the bottom that is at 1.2950, TP 1.3000. Next order again "Buy Limit" Lot 4 at 50 points below the previous order at 1.2900, TP 1.2950 and so on till about 5 positions in total, (consisting of 1 and 4 positions open pending order). Five positions are not absolute but you can adjust itself to the needs of the margin and the rest of your funds. Remember! Do not get hit by Margin Call.

IMPORTANT!
Especially for users Latest Trading Software Forex Broker Professional, on a particular currency should be added 1 0 digits behind the comma, because they use a 1 digit more. As an example of currency AUD / USD, EUR / CHF, EUR / GBP, EUR / USD, GBP / CHF, GBP / USD, NZD / USD, USD / CAD, USD / CHF which generally have 4 digits behind the comma into 5 digits behind the comma. To order at the price you can enter 1.30000 1.3000, TP 20-point mean 1.30200 (Remember! 0.00200 is not 200 points but 20 points!)

While for the pair EUR / JPY, GBP / JPY, USD / JPY which generally have 2 digits behind the comma be 3 digits behind the comma. To order at the 120.00 price can you put 120,000, TP 20 points means 120,200 (Remember! 0200 is not 200 points but 20 points!)

Important points of technique Double Impact:

Double Impact does not use the technique when there are important economic news. To determine if an important news, you can do the surveys and compare with the economic calendar on the website http://www.forexfactory.com. Great Economic News For list of which you should avoid you can see on the Earth and Sky Engineering
Total Lot is folded 2x previous orders, namely: 1, 2, 4, 8, 16, and 32 (Professional Forex Broker). Or you can use a number of lots of other combination of safer, for example 1,2,3,4,5 or 1,2,3,6,12,24.

Gap distance between orders is 50 points or more (bigger is more secure, and consequently takes more time Take Profit touched her and takes more time to monitor). You can use a combination of increased instance Gap order 1 gap 30 points, 2nd order 40-point gap, the gap 50 points 3rd order, orders, 4 60-point gap, etc.. (This method is preferred because it is more secure)
Take Profit Level Gap of at least equal to, or can also be more than the Gap. That means if your 50-point gap is at least 50 or more TP. For the 60-point gap, TP is 60 or more, and so on. (This applies if you use a lot that is 2x the previous lot)
Stop Loss 0

If Take Profit (TP) with untouched BIGGEST LOT you should close all positions simultaneously.
Examples A and B if the position is still open (loss or BEP), but the position has been touched TP C then you can close all positions simultaneously. You do not need to worry because if the position with the lot has been exposed BIGGEST TP loss from the previous positions (positions A and B) will be covered and you still profit because it was 2X Lotnya lot earlier position. The logic of this technique is that if you use a 50 point gap, and you are only able to fund up to 4 levels of pending orders is B to E, then the distance the cover of this technique is only about 200 points. In a sense when the market plummeted as much as 200 points without any increase of TP you (50 points) then your funds can be exposed to Margin Call! (Click here for an explanation of a margin call)

The advantages Trading Forex (Valas) Online trading compared with the traditional (offline).

Many online brokers provide commission-free facility, while in Indonesia offline brokers usually charge $ 50 each settlement charge and open to close position.
You can monitor your positions directly open and the decision to buy or sell 100% in your hands. Whether you want to close a position when, how much you'd like to play, plug in what position, etc..

You can learn forex directly without using a broker practices are often less responsible for the profit / loss of clients (because even though win or lose, eventually your broker will still get a commission).

You can use a flexible number of lots (very helpful of you who have limited capital).

Spread (the difference between the buying and selling prices) are small (the smaller the better) so the higher possibility of your profit.

Proximity message position (pending orders) are relatively small (10 points) and closed position is usually only 1-5 points only. Comparing with the offline broker must order at least 30 points pending from running and minimal closed position in order to break even 10 points.

You can trade directly with service providers (brokers) without an intermediary (middleman, often misinterpreted as a broker in Indonesia).

You will gain valuable experience through practice and the practice of trading directly with how to open a free demo account and use the trading software is widely available on the Internet.

There are lots of indicators, analysis, and trading software is very comprehensive on the Internet.


What is required to start trading Forex (FX)?


Personal Computer (PC) (for those of you who travel frequently, there are certain brokers who have a trading facility with PDA).

Internet connection is stable and fast enough (preferably broadband such as ADSL, Cable, etc.)

Capital, we recommend a minimum of $ 300 or at least we highly recommend the $ 500 for Lot mini trading. Unless the broker forex (foreign exchange) of your support micro lots then you can trade with small capital for example $ 100 or $ 200.

Broker Forex (FX) a safe and reliable, so you are assured of security funds.