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Tuesday, 21 October 2014

Learn Forex Trading

Learn Forex trading easily, you need not think about how many pips you are going to earn, the market will tell you how much opportunity you have , how many pips to earn. Suppose you sit on your chair to trade. Now if I ask you how much you can earn today? I know you do not have  the answer. Not only you but also we do not know how much we can earn today. So what is the solution? I know you are thinking if any one tell you how much pips the market will move. Let's say we know EURUSD will move 60 pips up today. Then what will we do? We know we will BUY and catch the 60 green pips. Wooow! nice. But the realty is that we do not know that. So what can we do? We need to learn the market behavior well. We need to learn about candle sticks. How they forms, How many pips a daily candle and a weekly candle can be long. If we experience this we will be able to count how much pips we are going to get everyday or every week.

Sunday, 5 October 2014

The importance of earning 250 pips monthly.

Hey ! When we are  in Forex market we all want to earn huge money by trading daily. And finally we earn zero. I have traded for about three years. So I am calculating today how much I have earn from Forex market. I can say I only learn it but I do not earn anything. Today I am about to sell my shirts. I want to leave or not in Forex market, I am already out of the market. Because I do not earn any money. Where did I get money to invest in Forex market? Actually I did not invest a dollar from my pocket. I earned the money by forum posting, winning contests, writing poems and from no deposit Forex bonus. But I lost all money into Forex market. I think there are many traders like me. Can you remember how many times you have blown up your money in Forex market, how many times you cried, how many times you decided to leave Forex market? Is there any Forex trader who can talk to me? Please comment below. Why do we lose? According to my experience I lost most of the time due to using a bigger lot. Many of my winning positions could not win due to big lot when market went a little against me. So I think we must use a comfortable LOT SIZE which can bring us a good profit but not risky too. Take a paper or diary and sit on your chair easily and think and calculate how you can grow your account only earning 250 pips per month. When you calculate you will understand The importance of earning 250 pips monthly. Earning 250 pips is very easy, so there is no hurry. Thanks for reading.