RISK WARNING: FOREX Trading carry a high degree of risk to your capital and it is possible to lose more than your initial investment. Only speculate with money you can afford to lose. This notice cannot and does not disclose or explain all of the risks and other significant aspects involved in dealing in such products. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering into and, the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.

Friday, July 6, 2007

Tips on trading: How to win at trade

1. Play a perfect waiting game - trader is like sniper, wait and wait and wait for a clear view to the target before fire.

2. There no 100% accuracy in Forex, dont put the apple in one bucket , SO NO big bets Please!!!

3. Cut loss and squeez the winner : winner they hold the profit position as long as they can, but looser hold the loosing position as long as they can and hoping a looser to become a winner.

4. Kill thrills attitude please.

5. Big loses are killer, so check your Risk/Reward ratio. use stops!

6. If u are a wave rider, always enter at your prefer wave.

7. Doa. :)