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!

Miss Baro 'B1A4' ??? Baro Is Confirmed To Be Starring 'Luther' !!

Baro B1A4, will play MBC's new monthly drama "Luther" with Shin Ha Kyun.


According to a number of reporters on August 2, Baro (Cha Sun Woo) recently decided to appear in the drama 'Luther.' After leaving WM Entertainment, Baro is scheduled to play the role of junior criminal for Shin Ha Kyun.

Luther is a drama that was produced until season 4 because it was popular after season 1 was aired in 2011 on the BBC's British TV broadcast, describing a criminal investigation of brain games between detectors full of a sense of justice and psychopathic women of genius who do not care about death. There is a possibility that Shin ha Gyun will take part in this drama. Like the harmony of acting that will be shown by Shin Ha Gyun and Baro, it is highly anticipated.

Baro B1A4 who decided not to renew his contract with WM Entertainment has signed an exclusive contract with HODU & U Entertainment, making it an interesting actor. Baro said "For now, I intend to focus on being an actor." HODU & U Entertainment appreciates Baro's potential as an actor. They said, "Cha Sun Woo (Baro) has shown many possibilities as an actor through various activities, and we will fully support him to show more charm as a good job by signing an exclusive contract with HODU & U Entertainment." 'Luther' is planned to air in October after 'Bad Life Romance' and 'Bad Papa'. Baro debuted with B1A4 in 2011 and produced hit songs such as 'What's Happening?', 'Lonely' and 'Solo Day'. Baro said, "I'm sorry and grateful to the three members who have guarded B1A4, I will work hard, until the day I meet you as Baro B1A4 Please look at me"

Wish you have a great time and good luck for your new dama .. !!! 

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