I understand alot of things in this world But in this thread, I don't understand what you are trying to tell. That sounds like trading during news Even though I never trade using the news. I have read that the Bank Traders or the forex traders who actually trade with big amounts using the money from the actual bank use the news. The secret for their success are services which provide the news to the bankers before they are publicized.
So the bankers who trade forex with the banks money, actually already get to know the news before even they are on tv or newspaper. I dont know more about it but if somebody know any services like that please let us know It could be an experiment for a very skilled trader to prove something.
But again why should he do that? Most of us will never achieve this high level of trading and the few that get there will not throw away one year of hard work of their life. Dunno just my two cents. You need money to make money.
Investing is not gambling. Do yourself a favor, do not try with a k account before you fully understand money management.
There are many softwares systems which can intelligently make timely decision automatically based on the Forex trading. As Forex trading system has become so complex so that these are developed to take control your business 24 hours a day and 7 days a week. It makes the trading more efficient and more risk resistant. And my trades are verified on this website with my broker: I want to do the same thing with forex.
In my opinion, it is much harder than penny stocks, but nonetheless it's possible. Anyway, I have a chatroom on Skype if you or anyone would like to trade penny stocks with me - my username is andrewwlapp.
Just add me on there. We can do some forex trading in there too. It'd be fun to get a group of traders together for penny stocks and forex! Waiting for the right time is the hardest part imo, it's a cousin of discipline knowing what signs give you comparative advantage and waiting for those signs over 12 months would lead to decent profit. However, emotions of loss, fear, anxiety, etc or if your getting better at implementing your strategy the emotions of profit, mostly greed will lead to over trading, sleeplessness, "you might be missing something," will lead to abandonment of your hard practiced strategy in those heated moments in the trenches late at night or early morning The other important trick is to build small losses into your strategy and cutting off losers and letting winners run, easier said then done obviously.
Negative Emotions come from neediness and fear, do not quit your day job. Good luck everyone and happy holidays. I just feel that the number 6 will give a speedy heartbeats. And , How to see the high fluctuation? It is like a motivation book saying "never give up if you want to be successful". Which is true, but easier said than done. Free Forex Trading Systems.
Trade when pip fluctuate rate is high. Trade when currency pair quickly up and quickly down and up-down continuing. The first thing you need to do is open a live account with 8, or 10, This is the unfortunate fate of the newbie trader who doesn't fully understand forex.
How do you get involved in penny stocks? Where do you buy them Also is this real money or demo money? Just my thought, Fivefoottraders.More...