Sedar tak sedar hari ini adalah hari yang ke 430 hari aku trade forex dan aku masih disini. Ini adalah satu pencapaian peribadi yang baik buat diri aku kerana aku telah melihat ramai orang trade forex 2-3 bulan bungkus dan balik. Ini kerana forex market adalah tempat yang amat berbahaya kepada harta modal dan wang anda.
Diawal pembabitan aku dalam forex aku sedar, Forex adalah sesuatu yang amat sukar difahami. Kerana 95% orang yang trade forex akan bungkus dan balik dalam 6 bulan pertama. Didunia ini cuma 5% sahaja manusia yang berjaya hidup dengan forex. Persoalannya, dah tau bende alah ni susah kenapa kau pegi susah payah lagi belajar. Jawapannya, yang susah itu adalah satu cabaran buat diriku. Lebih susah lebih aku suka.
Dalam setahun ada 365 hari lebih kurang. Bermakna aku dah trade forex live selama 1 tahun 2 bulan dan 5 hari genap pada hari ini dalam sejarah. Permulaannya aku meletakkan tempoh 2 tahun untuk aku mencipta sistem trade aku sendiri. Nampaknya aku hampa. Tempoh 2 tahun itu tidak tercapai oleh aku. Kerana aku memerlukan 1 tahun 2 bulan saja untuk mencipta sistem forex trading aku sendiri.
Dalam Forex ada 2 jenis market secara am iaitu trending market dan ranging market. Kedua dua market ini memerlukan pendekatan yang berbeza dari segi trade. Kalau trending market kita akan trade mengikut trend dan sekiranya ranging market kita trade pada harga siling dan lantai. Persoalan bilakah market uptrend, downtrend atau ranging? dan sekiranya market ranging dimana siling dan dimana lantai?
Rasanya persoalan itu telah terjawab. Sebenarnya jawapan itu telah ada sejak aku mula trade forex cuma aku tidak perasan. Apapun hasilnya akan dipost disini mulai dari hari ini. Harapnya memuaskan hati.
Forex Education - No Pain, No Gain
Forex trading breakthroughs have a lot to do with your ability to get comfortable with being uncomfortable. Success usually comes from staying in the here and now, as well as accepting the fact that the market literally can do anything at anytime.
Many of your actions now may seem frustrating - such as designing a trading plan, sticking to just a few currency pairs, learning the intricacies of a strategy. It can seem downright overwhelming too. Just remember that each step you take in the process is adding value to your eventual trading success.
Why is it that so many people are always seeking the easy way out? I guarantee the amount of time searching will be less than just digging in and climbing that learning curve as fast as possible. Just imagine where you're going to be a year from now with a little bit of effort and determination!
Here are some thoughts to get you through that learning curve at lightning speed:
1. Hard Work Now Will Pay Off Later
All the work you do now mastering the process of trading through Forex education will pay off. Will it pay off today or tomorrow? Probably not, however, the small things done consistently in the right places will pay huge dividends later.
2. Every Experience Is A Lesson
Learn from both your mistakes and your success equally. As the question - what lesson am I meant to learn from this and journal it!
3. Focus On The Positive
Losing is a part of trading. Except it and keep your self-talk 100% positive. You will find that at the end of your Forex Journey you were your own worst enemy.
4. Choose The Difficult Action Over The Easy
Doing this will make you a stronger person, not just as a trader. You will find that your characteristics follow you in trading. When you grow as a person you will enhance your ability as a trader. Ask yourself - what action would a profitable trader take and then do it!
Remember this when you get frustrated by learning a new trading technique or in transitioning from demo to live trading -- if you are uncomfortable you're growing as a trader -- and take comfort in being uncomfortable.
Happy Trading!!
Many of your actions now may seem frustrating - such as designing a trading plan, sticking to just a few currency pairs, learning the intricacies of a strategy. It can seem downright overwhelming too. Just remember that each step you take in the process is adding value to your eventual trading success.
Why is it that so many people are always seeking the easy way out? I guarantee the amount of time searching will be less than just digging in and climbing that learning curve as fast as possible. Just imagine where you're going to be a year from now with a little bit of effort and determination!
Here are some thoughts to get you through that learning curve at lightning speed:
1. Hard Work Now Will Pay Off Later
All the work you do now mastering the process of trading through Forex education will pay off. Will it pay off today or tomorrow? Probably not, however, the small things done consistently in the right places will pay huge dividends later.
2. Every Experience Is A Lesson
Learn from both your mistakes and your success equally. As the question - what lesson am I meant to learn from this and journal it!
3. Focus On The Positive
Losing is a part of trading. Except it and keep your self-talk 100% positive. You will find that at the end of your Forex Journey you were your own worst enemy.
4. Choose The Difficult Action Over The Easy
Doing this will make you a stronger person, not just as a trader. You will find that your characteristics follow you in trading. When you grow as a person you will enhance your ability as a trader. Ask yourself - what action would a profitable trader take and then do it!
Remember this when you get frustrated by learning a new trading technique or in transitioning from demo to live trading -- if you are uncomfortable you're growing as a trader -- and take comfort in being uncomfortable.
Happy Trading!!
Free Forex Signal 6 Julai 2007
Short Aud/Usd @ 0.8575 or better
SL : 0.8606
Target : 0.8525 and more
Long Usd/Chf @ 1.2146 or better
SL: 1.2105
Target: 1.2210 and more.
If the trade goes well and the 1st target is broken, follow through with trailing SL. Trade at your own risk.
SL : 0.8606
Target : 0.8525 and more
Long Usd/Chf @ 1.2146 or better
SL: 1.2105
Target: 1.2210 and more.
If the trade goes well and the 1st target is broken, follow through with trailing SL. Trade at your own risk.
Trade Review 2 July 2007
Last week was a good one. eventhough none of my target hit but my trailing stop loss put me in good profit + some position closed earlier. For this week trade:
Possible trade: (These are early signal with no confirmation yet)
1. short gbp/usd @ 2.0086.
2. short usd/jpy @ 123.42
today and tomorrow im not going to trade since going outstation. Just watch for the 2 trade above.
Possible trade: (These are early signal with no confirmation yet)
1. short gbp/usd @ 2.0086.
2. short usd/jpy @ 123.42
today and tomorrow im not going to trade since going outstation. Just watch for the 2 trade above.
Todd Judkins Uses Squidoo
Some of you have been asking, so here's my Squidoo site for Forex education:
http://www.squidoo.com/forexjourney
Enjoy,
Todd
http://www.squidoo.com/forexjourney
Enjoy,
Todd
Trade Review 28 June 2007
Short Gbp/Jpy @ 247.32
Stop Loss: 246.84
Target: 242.79 (28 June 2007)
Note: Huge correction happen. This maybe the final run.
Short Eur/Jpy @ 166.55
Stop Loss: 165.93
Target: 163.56 (29 June 2007)
Note: Huge correction happen. This maybe the final run.
Short Eur/Usd @ 1.3464
Stop Loss: 1.3466
Target: 1.3131 (13 July 2007)
Potential Trade:
Eur/Chf last correction broke the trend. Look for long entry on the next low. Possible entry @ 1.6501
Stop Loss: 246.84
Target: 242.79 (28 June 2007)
Note: Huge correction happen. This maybe the final run.
Short Eur/Jpy @ 166.55
Stop Loss: 165.93
Target: 163.56 (29 June 2007)
Note: Huge correction happen. This maybe the final run.
Short Eur/Usd @ 1.3464
Stop Loss: 1.3466
Target: 1.3131 (13 July 2007)
Potential Trade:
Eur/Chf last correction broke the trend. Look for long entry on the next low. Possible entry @ 1.6501
Forex Education Mastering The Forex Market
Forex Education is always king. That being said, I thought this was pretty interesting...
Investing in the forex, currency market even with small capital is very risky advanture. Before taking on the forex trading market, it's important to be armed with a good understanding of the market itself. This is what makes a good free forex education resource, invaluable to both new and veteran forex traders.
The forex, or Foreign Exchange, market is the largest financial exchange market in the world. Every day, more than 1.8 trillion dollars are traded on the forex market. In the past, it was often difficult for smaller traders to take part in this huge money market, due to a lack of contacts and resources. But that situation has changed. More and more, individuals and smaller banks and companies have the opportunity to invest in the forex market, particularly via the internet, making currency trading an exciting and lucrative enterprise for individual traders as much as for the banking industry. However, it's important to keep in mind that currency trading of even small amounts and modest investments can be risky.
Before taking on the forex trading market, it's important to be armed with a good understanding of the market itself, along with an overview of current market trends and risks. This is what makes a good free forex education resource, like free-forex-education dot com, invaluable to both new and veteran forex traders.
At free-forex-education website, established forex traders as well as those with a burgeoning interest in currency trading can learn everything there is to know about the market. Learn what world currencies are making the most money. Know what the risks are, and when and how to make the most money on a trade. Acquire all the knowledge you need in order to make anywhere from a dollar to a million on this highly liquid market, without leaving the comfort of your computer.
Along with using resources available at free forex education sites like Free-forex-education dot com, it's important to as much research as possible before doing any major forex trading. For a free forex ebook and various information on forex trading please visit. This amazing free resource will provide you with all the information you need to get started trading today.
About Author:Joe Karakas is the owner of the forex online resource found at http://www.free-forex-education.com . Our site help with informations and resources to learn to trade forex online. Check out the website for free forex education more details. Please note that our site is just for information purposes and not an advice whatsoever!Article
Source: http://www.BharatBhasha.comArticle Url: http://www.bharatbhasha.com/finance-and-business.php/62780
Remember the free stuff is a good start, but a Forex Coach will accelerate the process.
Happy Trading!!
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