Trader of the 5 steps

Trader of the 5 steps :

Step 1 ( acetane incompetence )

It is the first step when you have just started to learn about forex . You know that the forex money easy road , because you heard a lot about forex trading Forex if that money does not matter . Unfortunately you do not think it is so much easier , just that you feel like you will first have to learn to drive a car is easy , most of all , how much longer will kathinaiba ?

But unfortunately you do not trade a lot and a lot more risk taking , just as you had first hand the steering wheel of the car , but did not know what you are doing. When you do a trade , and it is against you , then you are against it , and it can take to close the trade and doing the opposite will happen .

In the beginning you may have some initial success , but it will be worse for you , because it really is so easy that forex say your breinake and therefore you will begin to take on more risk .

Los meet your every trade size will be doubled compared to the previous one . Sometimes it will work, but most of the time will damage your account . Be completely oblivious to your incompetence .

This is usually one of the first steps - will last two weeks .

Step 2 - sacetane incompetence

The second step is to realize that you thought you wanted , just as Forex is actually , here's what you need to do more . You consciously realize that your regular skills or knowledge to profit .

Then , from the USA to Ukraine began to roam the various websites , you will find a variety of systems and e-books , and above all to begin searching for holi Grail . This time you will become a " system of passage " . You better check if a trading method is not working properly, day after day and week after week will see another from a trading method . As soon as you think you will see a new indicator that will change your whole trading and will bring you regular profit .

You will be able to test metatredare Expert Advisor . The moving average , phibonesi line Support - resisatyansa , pivot , fractal , Divergence, DMI, ADX , hundreds of such indicators will be taken to the game just started today in the hope that it will become your magic system . Searching the reversal point of the indicators hope to try to catch the top & bottom . See you finally beat chutatei staying behind the trade are even adding a new trade because you know you're right .

You go to the live chat room and see other traders making many pips profit . Why do you think you 're not . You will have millions of questions like how many rooms there are questions that other people will feel silly to you . Eventually you would think that those traders who are getting pip after pip lies and saying they are surely screenshot demo account . You 've done the research about the forex , you know , all of these successful traders know that , but you do not win , that means that those traders falsely . But day after day trade forex is that they are constantly increasing their account just lose your account .

You 'll like tinaejaradera . Free advice for everyone, but anyone sonena tinaejaradera . Forex will advise everyone , but you have to be stubborn like you think you know it all . To trade more than you might like . You do not follow other successful traders signal . But when it does not work then you might want to use the signals to buy from other signals provider . Will also work for you .

Some " gurus " who 's going to be willing to make you a professional trader , in exchange for some fee Whether or not the teacher is good , because you can not learn anything there is no substitute for time , and you 're still think you know everything .

This step may last for years . Indeed, personal experience and talking with other traders to ensure that this step can be easily adjusted to around 3 years to 1 year. Forex sheer frustration caused by this step you can say goodbye tredinke .

60 % of the first 3 months as the new Trader phareksake said goodbye , and it's good . Once Imagine , if trading was so simple , however we would have easily miliyaniyara . 0 % would then like another one- year deal with frustration due to the extra risk will blow up in their account .

You may wonder how that is going to live like the rest of the 0 % 3 years , and they imagine that they are safe . But after 3 years , only 5-10 % will continue and will consistently make a profit .

( By the way , these figures but real . Came in my head and I have not even been written . , So do not think that when the 3 -year straight from here you 'll be successful . Phigaragulo argue about this with me was a great multitude . Interesting thing they are not looking to trade anyone over 3 years . , if you think you know better then to ask that any forum that is trading for 5 years . ask people how to be 100 % efficient . slight exception , but I have yet to have I never saw anyone . )

Eventually you will start to come out from this point . Perhaps more time and money than you have done to your expectations , you have Zero 3 pm Live account , but in forex forex ...... now the blood flowing in your blood .

One day you come to the 3rd step .

Step 3 - Eureka ! !

Steps to get you on the way to the end , there 's really no problem , what you had in mind . You will begin to understand the simple moving average is shaving the money if you can apply the correct Money Management . You will begin to read e-books on a variety of Psychology and match different character will be those set out in these books . Finally came momente come to Eureka .

The Eureka Moment connections in your brain will create a new one . Why are you suddenly realize that you are in the world, one can not predict what the market will do in the next 10 seconds , from 0 minutes to the next .

What others are saying this because you stumble , the impact of this on the news or market events would occur that would worry them . Do you have your own method of trade .

You will begin to work with just 1 hour system that goes with you , you will begin to be happy , and you will begin to be defined loss .

You will begin to take each trade that looks good on your system . When trade is bad, then you will not be angry , because you understand that it 's not your fault . When you get a bad trade will close in early trade . You will better understand Further trade or maybe the next trade because you know your system works .

You have seen the results of trade -to- trade -off , and the weekly results will start to appear . 1 pm to 1 am bad trade because you know, does not make the system worse .

You suddenly understand just 1 hour of trading on the New , it is discipline and consistency to your system every trade , because you know there will be a probability on your side .

You better money management , leverage etc etc. You learn about and learn about 1 year ago, the advice you gave it to them mucaki Khulna Division . When you were making , but now that you create. Eureka Moment come when you understand that you can not predict the market .

Step 4 - sacetane qualifications

Trade only when you 're going to trade your system . You win as much sahajabhabei Los simply accepted . You can now keep your winning end tredake not close early . You know that your system supports more than Los trade more profitable to trade and when to close your trade when you put in Lacey ( not like the previous add more positions ) .

You are now at the stage where most of the time your account is Break Even ( Los gain equal ) .. So this week, next week maybe 100 pips 100 pips loss was obtained . In this stage, you do not lose money,  you 're Break Even . You know you 're a good trade tags and cyatarume and many signals you are getting the respect of other traders . You still have a long way to go and how you will move forward to gain so much more than you do in Los .

You will start the day at 0 pips gain , but not loss paraksanei 35 pips , but will have no effect on your mental state , because you know that she would return to the pips . You will now need to win the series every week , this week and next week at 5 pips 50 pips, thus it will go .

This step lasts for up to 6 months .

Step 5 - acetane qualifications

Now you 're driving . Every day you sit in your chair and do trade . You are now unconscious . You 're running on auto pilot . You are doing a great trade . 1 pip profit 00 pips profit per day , or equal , per se, do you have any joy / surge can create .

You can now see the forum natunara shouting "Go Dollar GO" horse race wager they have , between them, you can get yourself back many years ago .

It is the dream of trading . You have mastered your feelings , and you are now a trader whose account is growing constantly .

You now trading chat rooms and other traders STAR hear what you are saying . Many years ago , you put yourself in their questions , get back to the questions . You 're on your way to give advice , but do not know anyone who would listen to your advice because they are mostly those stubborn - tinaejara . Some of them will come to your location , some fast , some late . After dozens of them usually can not exceed dajanai Phase II , with the exception of a few .

Trading now, no surge / some of the joy , but somewhat annoying , as you have in your current job / education, trading becomes boring , so you got annoying . You are doing your job .

How do you hone your system is low riske bring more profit . If your system is being changed , just having a good day .

You can now speak up, " I am a currency trader " , but honestly you would not want to , because it's the same as you would any other job .

I think this " inside the mind of a trader Tour " was delightful , and perhaps you have found yourself a point here .

Remember , only 5 % tredarai can survive . Because it is not the eligibility , sustaining energy . Live quite big fruition . Hasti mammoth extinctions , but there is a small cockroach live now .

They are the people who are very quick to lujara rich (get rich quick) wanted to be .

I can happily say that the 'get rich quick' I hope this is the start of trading , but now I see trading 'get rich slow'.

If you want to leave the Forex can give you a tip -

You ask yourself - " You know how at the end of the school year to go to college at the University of million dollars a year salary job waiting for you ? "

Forex loss because

You may have heard , or if you have not heard before, here's Los eat Forex Trader 95 % . Statistics may not be entirely true . Trader is actually 95 % , 95 % bigenara traders in Los Angeles . But why ? Basic Rules of Forex because they do not adhere . Let's see what's in the Los Forex traders .
 1. Experience forex abhabah first glance , but it is easy to remember . Since the gain or loss , guess lots of people got into the trade . Then they will decide that the real trading . But when you realize you can not do that in Los those conditions , how you will deal with later . That is why you need to trade long demote seriously . But most people do not want to trade so much time to demote . He can trade the St. account . If you lose your first two deposits hold Forex . Try to understand the trade . It is easy to see that take a lot of trading .

2. The signal dependent on the signal nirbharasilatah most traders . In the words of friends or strangers to trade . I agree to an analysis by itself is not by anyone , put to the cell by cell . Los pariname . Some of the $ 100 - $ 00 if purchased with the signal . But think of , really of the signals were not always perfect , then why is the signal provider to sell it ? Bill Gates may be the trade by himself . So , anyone hear or see the chart does not trade on impulse . Understand yourself , try to trade with it . Try to learn more . Ask others .

3. An alternative method of trading that most traders do not know uddesabihina by the cell will not be able to. They think that it is once again a rise in price will decrease , while sitting in the cell trade . Thus, Los Eat ajibanai trade . Try to market analysis . See section some basic indicators forex indicators bidipipasa school has given me . With these and other indicators to research . Try to learn some technical analysis . Gradually , all things will become easier for you .

4. Trade : The attention of the big risk is that most people think phareksake Money Making Machine . Think Forex 1 day balance can be doubled . Much larger proportion of its Capital Risk Most traders trade . Seen account has $ 100 , but $ 1 pip value upon open trade . Just move your rated 100 pips, you will be poor . So you decide , start Money Management .

5. Do not strategy thakah You should have a trading strategy . How do you trade , not how to use pip Stop Loss or Take Profit , how to trade volumes , everything should already be set . And you should follow it all the tredei . Otherwise it can be seen in your Permit 50 pipase $ 5 a trade , to take another big risk trade Los 50 pipase $ 50 . So first create your trading strategy . Others see the strategy , which takes the change to create your own your own trading system .

6. self -confidence thakah Many traders are much more confident . Now they seem to increase or decrease the price and trade accordingly without any analysis . But people are the enemy of the people . Do not believe in yourself . See what the market is saying .

Careful when you trade in some thakabenah• Do not be tempted• Do not be Emotional• Do not trade your own personal conclusions• Do not trade with money management follow• comply with the trading strategy• Do not trade without analysis

Money Management

Money Management is a method of forex traders manage their accounts . Money management is very important for forex traders . A good Money Management helps to protect your account from byankaryaptasi. If you follow a good money management is a very low chance of losing your capital .

 Some of the best money management rules include:
1 . Account of the small risk parsenateja Steps
Why is it important to take account of small parsenateja Risk ? This is because you must keep your account alive . Maintaining your account first , and then the profits should be considered .Good traders who can survive on their accounts and are concerned about .If you trade with a low risk of any trade with your loss , but if you are more than able to hold your trade .
Low and high risk trade with your trading account total parsenatejera seen an example let down . See how your account is drawn 10 in Los trade can harm.
Clearly shows the difference between the % risk and 10 % risk . None of the 10 trade harena easily pulled . If you trade in the worst , even if you're 10 % of the trade for Risk Capital for Harley you lose 17 % , where 10 % risk per trade if you trade 10 Harley you will lose more than 60% of your Capital . Thus , to understand the importance of money management . If you can not make a proper money management , you can be facing a massive loss .
The. Capital recovery kathinah lose
If someone loses a portion of its accounts , how difficult it is to recover ?
If you lose 50% of your account , you can gain loss will recover 100% of your new balance . And if you lose 75 % , just before the new balance will be 300 % profit to recover loss . Once you do so , then the enormous Los engage with the Los recover , but who will profit ?
The challenge here . Try a demo account for at least 300 % , or 100 % profit on your real account can not. It is not so simple . Money management is important to support this .
3 . Risk ahrioyarda before trade : the ratio of
To profit from the possibility of a trade to Los ones , and refrain from trading . There are no words that will always make a trade .
Example: 1 . Los vs 30 pips 40 pips profitThe. 20 pips 20 pips profit vs loss
Udaharanai two o'clock example risk management .
Make sure it is open before making a trade risk : reward ratio of at least 1 : II ( 1:3 ratio or greater good ) .This means that you should open a tredai which will tataguna likely to profit from the size of your loss . For example, you can gain 30 pips to 100 pips Pursuant to Los sensible to make trade entry .
If you follow the Rules of Money Management , but it will later help you to get out and get stable profit .

Risk : reward resiora See the chart below . Here's a 1:3 risk : reward ratio of the trade was 10 .Los trade for a while , he lost $ 100 dollars . But the $ 300 dollars of profit each has trade profitably .
So , it turns out , if a trader 1:3 risk : reward ratio is 50 % if the trade is successful , but they can gain a good amount .

What is Skyalpim

You may have heard the term skyalpim . In order to make a small trade is largely skyalpim . Skyalpim a few minutes , depending on the trade is small . This trade could be the 1 - 0 pips . 0 pips profit in the lexical scope can not be called when skyalpim him . Is it normal trade . 

The market is always up - to get out . Utilizing the opportunity of some pips in a few minutes you can enjoy . But skyalpim but risky . Many people do not understand something seen by skyalpim of risk . But should skyalpinyeo analysis . Tredei should be entered without any analysis . The trend toward skyalpim trade meant well. If trade is to gain more sambhabanata compared.
 Skyalpim since less time is , so we should trade taimaphreme less time. There are a lot of skyalpim Rules . When you trade skyalpim M1, M5, M15 timeframe can follow . But if you follow the H4 timeframe will not benefit , because the change in the market is at -1 , it is easy to understand that you can not see the H4 chart.

The timeframe of minutes skyalpim more helpful.

Many skyalpinyera are many indicators that follow. But skyalpinye indicators do not work much. Mubhamentagulo because they no longer adhere to the rules of the market is small. 

There are some brokers who do not support skyalpim . Rules of the minutes at many brokers have skyalpim.

The minute you close the trade before the broker keeps the right to cancel it. So you 're trading with the broker, the broker skyalpim Check whether there are any rules.

Deposit and Withdrawal

   We suffered a lot in a matter of Bangladeshis . Our country does not have paypal . So we can bring in easy money online . Bangladesh does not have permission to send money outside the bank transfer . So according to the instructions of Bangladesh Bank, the country will not be able to deposit the money . How to Deposit Forex ? You can deposit ecurrency Forex through . There are many online payment processor like paypal . For example MoneyBookers / Skrill (MB), Neteller (NT), Webmoney , etc. . Through all that you can trade online Forex deposit . The International MasterCard / Visa card to deposit . In the absence of rules for sending money to Bangladesh bidipipasa outside only to trade them to suggest that people who work online e - currency earnings . 

You Free - lyansim or to earn from online e - Forex Currency Deposit / Invest can . 

Which is better for the deposit ? 

MoneyBookers / Skrill: To deposit Forex Moneybookers / skrila a payment processor as well . Many brokers Moneybookers / skrila support . Moneybookers is an advantage , but different . Moneybookers allows you to withdraw from the bank directly . Bank Swift Code and the account number you want to withdraw the money within a few days they will send to your bank account . Even your debit / credit card may withdraw from Moneybookers .
Neteller: One of the best Forex NETELLER is a payment processor for deposit . Most regulated broker that supports NETELLER . NETELLER Net + MasterCard to provide their own . To withdraw money from the ATM Booth MasterCard you can take . You may withdraw your NETELLER account directly from the bank . Bank Swift Code and the account number you want to withdraw the money within a few days they will send to your bank account .
Mastercard: MasterCard many brokers offer their traders . To withdraw money from the ATM Booth MasterCard you can take .
Forex brokaragulora rule is that you will deposit the payment processor , you will need to withdraw the payment processor and the accounts . But some will deposit with the broker , whatever that means , to withdraw through bank or MasterCard .