There
are a lot of traps in Forks, especially for novice traders. A lot of people do
not understand fully the risks associated with forex trading. Like any kind of
types of trading, the Forex trading is difficult and needs to be up to date
constitute a pattern in order to achieve good profits through trading. Here are
some things that the novice traders to be aware of so as not to fall into traps
in the Forex:
1.
Beware of automated trading in Forex: I'm not saying that these programs do not
yield results, but I say that the vast majority of them do not yield good
results, and that the effects of such results are the result of considerations
cautious and insight by the people who use them. So, if you know how to manage
settings for automated trading in Forex and its programs and in the appropriate
markets to him, you will be to have the potential to achieve good profits too
will help you not to fall into various traps Forks.
Automated
Forex trading is very similar to convert the flight deck to the autopilot, it
is a brilliant idea, that Jasper fire in one of the engines. In that case, the
pilot skillful landing the plane safely be required, as will require a market
trader skillful to manage and overcome market conditions volatile that could
occur during the robot (the machine) to trade. Remember that automated trading
in Forex is one of the most horrific traps in the Forex and can destroy your
account exactly like a human being.
"The
first rule of any technology used in a business is that automation applied to
the efficient operations will swell efficiency. The second rule is that
automation applied to the non-efficiency of operations will amplify
incompetence" Bill Gates.
2.
Be careful of the deliberative ability and margin calls in Forex: Forex trading
is one of the most trading with deliberative capacities in the financial
markets types. But with this you have to know very well that this trading is
one of the most important fisheries in Forks, and while this is, of course, is
good for people who make a good trading operations and are making profits of
smart trades, with this regarded as a trading nightmare for people who carrying
out a losing trading operations, especially without good risk management.
For
people who do not understand the deliberative capacity in Forex, it is simple.
Most sites offer a deliberative system capacity by 100: 1 and is you can
control the $ 100 for every dollar you check, or $ 10,000 for every $ 100, and
so on. This means that any transaction back, you usually profit margin of 1%,
return you now profit margin rate of 100% or 100% loss.
So
you need to beware of the amount of the deliberative power available in your
account, and put points stop loss so you do not risk more than 2-5% of the
value of your account in any transaction, and make sure that the money that is
risked in fact, the capital, in other words, money you can afford to lose, and
nothing provided throughout your life or allocated for your children's education
savings.
3.
Beware of excessive trading: Traders see freshmen in Forex trading operations
all over the place, and see the height indicators on the screen and say that it
is high time the trading, but this is one of the traps in the Forex possible to
cost you a lot of losses. Where excessive trading is one of the easiest ways to
destroy the account and the loss of all your balance in Forex. There are a lot
of false movements in the financial markets that could destroy you that were
not careful.
What
are you doing?!
Labeled
as a trap trading in Forex or dig a trap for the price in order to act in a
certain way. Put regimentation followed and provided the necessary discipline
yourself to follow through trading when prices become in areas that only you want.
من قسم :-
الفوركس