It's possible to trade profitably on the Forex, the nearly $2 trillion worldwide currency exchange market. But the odds are against you, even more so if you don't prepare and plan your trades. According to a 2014 Bloomberg report, several analyses of retail Forex trading, including one by the National Futures Association (NFA), the industry's regulatory body, concluded that more than two out of three Forex traders lose money. This suggests that self-education and caution are recommended. Here are some approaches that may improve your odds of taking a profit. Prepare Before You Begin Trading Because the Forex market is highly leveraged -- as much as 50 to 1 -- it can have the same appeal as buying a lottery ticket: some small chance of making a killing. This, however, isn't trading; it's gambling, with the odds long against you. A better way of entering the Forex market is to carefully prepare. Beginning with a practice account is helpful and risk-free. While you're trading in your practice account, read the most frequently recommended Forex trading books, among them Currency Forecasting: A Guide to Fundamental and Technical Models of Exchange Rate Determination, by Michael R. Rosenberg is short, not too sweet and highly admired introduction to the Forex market. Forex Strategies: Best Forex Strategies for High Profits and Reduced Risk, by Matthew Maybury is an excellent introduction to Forex trading. The Little Book of Currency Trading: How to Make Big Profits in the World of Forex, by Kathy Lien is another concise introduction that has stood the test of time. All three are available on Amazon. Rosenberg's book, unfortunately, is pricey, but it's widely available in public libraries. "Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude," by Mark Douglas is another good book that's available on Amazon, and, again, somewhat pricey, although the Kindle edition is not. Use the information gained from your reading to plan your trades before plunging in. The more you change your plan, the more you end up in trouble and the less likely that elusive forex profit will end up in your pocket. Diversify and Limit Your Risks Two strategies that belong in every trader's arsenal are: Diversification: Traders who execute many small traders, particularly in different markets where the correlation between markets is low, have a better chance of making a profit. Putting all your money in one big trade is always a bad idea. Familiarize yourself with ways guaranteeing a profit on an already profitable order, such as a trailing stop, and of limiting losses using stop and limit orders. These strategies and more are covered in the recommended books. Novice traders often make the mistake of concentrating on how to win; it's even more important to understand how to limit your losses. Be Patient Forex traders, particularly beginners, are prone to getting nervous if a trade does not go their way immediately, or if the trade goes into a little profit they get itchy to pull the plug and walk away with a small profit that could have been a significant profit with little downside risk using appropriate risk reduction strategies. In "On Any Given Sunday," Al Pacino reminds us that "football is a game of inches." That's a winning attitude in the Forex market as well. Remember that you are going to win some trades and lose others. Take satisfaction in the accumulation of a few more wins than losses. Over time, that could make you rich!

BTS Has Inviting by Grammy

The Grammy Museum will soon host a special event with BTS. On Friday (08/24/2018), the Grammy Museum announced via its page about an event entitled "A Conversation With BTS" or a talk with BTS.


Located at The Clive Davis Theater, Los Angeles, BTS will be guided by the Artistic Director of the Grammy Museum, Scott Goldman. In the event that will be held on September 11, 2018, BTS will conduct deep talk there.

On its website, the Grammy Museum also gave comments about BTS.
"BTS is an acronym for Bangtan Sonyeondan or" Beyond the Scene ". They are a South Korean boy band that takes the hearts of millions of global fans. Members of BTS namely RM, Jin, Suga, J-Hope, Jimin, V, and JungKook have gained recognition for their authenticity and their ability to produce music, "the Grammy Museum said describing BTS.



The Grammy Museum also writes about various achievements of BTS that have been internationally recognized.
"From the high performance quality and the way they interact with fans, BTS has become a global phenomenon since its debut debut in June 2013. They have mobilized millions of fans around the world called 'ARMY' to top the leading charts and sell out world tours and has been recognized with prestigious awards such as the Billboard Music Awards, "added

Established since 2008 along with the 50th Grammy Awards, the Grammy Museum has four floors featuring various objects related to music history, rooms for interactive musical instruments, recording rooms and a theater called The Clive Davis Theater with 200 seats. BTS will give talks in the theater.
BTS just returned with the repackage album 'Love Yourself: Answer'. The album was recorded successfully ranked 1st on the iTunes album chart in 65 countries shortly after its release.

Congratulations BTS , i think Suga will got his vission again 😍

BERITA LENGKAP DI HALAMAN BERIKUTNYA

Halaman Berikutnya

Subscribe to receive free email updates:

0 Response to "BTS Has Inviting by Grammy"

Post a Comment