How to avoid some Deadly Sins of Trading
Written by admin on April 23, 2011 – 12:18 pm -

Hello everyone! I hope you liked my previous post. Funny things are also a necessary part of our life, and that doesn’t matter if you are a trader or someone else. So today I try to share you with some information concerning forex trading to be more precise I am going to tell you 15 golden rules of forex trading. I do not want to be banal so I just systematize and summarize all the information which is available for every experienced trader and of course for every beginner. So, I guess it’s time to let it roll!

1.You should always try to know more about forex trading and look over the financial market. It must be a regular procedure.

2.Discipline is a root of the success. Being a disciplined forex trader you undoubtedly achieve a success. If you are an undisciplined trader, I am not sure that your results will be positive. It is simple.

3.You should always lower your size of the trade when you have negative results. All good traders follow this rule. Don’t use 3 or 4 lots, because you can lose a lot of money. One lot would be enough. If your next trades are profitable you can move your trade sizes back

4.If you achieve some profit don not be greedy. You should be satisfied with even a small profit. Practically all traders very often try to get into trade and they hope to gain a bigger profit. But they just see the market moving against them.

5.Choose and work out the right trading strategy. And stick with it. And don not change strategies every day. Let your strategy reveal its potential, if you are not satisfied with it change it and begin again!

6.Try to trade with one lot! If you have 10 or 20 successful consecutive trades it means that you now you can operate 2 lots for 10-20 next successful consecutive trades. And if you have losses with one lot, what makes you think that you have right to trade with 4 lots?

7.Remember, you are not a looser if you have a losing trade, you are a looser if you do nothing to prevent it again. Don’t give up, we are all mistaken! Drive away at yourself and your trading will be good!

8.Be yourself. Do not be someone. Choose your own style and keep on it! Don’t change your habits and system considerably just because some guy has good profits with these or that parameters. Just BE YOURSELF!

9.Small loss is the best loss. Exit the market as soon as you realize that market has changed and something is wrong. There will be no miracle. It is not a fairytale it is a financial market!

10.Do not hope and pray. If you do you will undoubtedly lose. I have already mentioned that it is a financial market. And your prayers are just wasting your time. There are no benefits from it.

11.Don’t rely mainly on news. It is just a history. Forex market is developing and history remains history.

12.Do not speculate. Be a trader. I do not know trader who will be a successful speculator. It is a nonsense.

13.Accept the fact that you will lose some money during your trading. It help you to concentrate on more important things. Losses? It is a normal for forex trading.

14.Try to avoid big losses. These one can make you pessimistic and you can lose not only your money but yourself.

15.Don’t procrastinate. Don’t overanalyze. Place the trade then manage it. If something is wrong, get out. But you cannot be successful if you are not in the trade.

Take note that many traders read these rules every time they begin their trading. And it is really true! Repetition is the mother of learning! Mind this and your trading will be much better. All traders are equal in the eyes of the market. Everyone has an opportunity to win and make money. Everyone. Just mind this! Good luck and good profits, my friends!


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Earn with professional Forex traders
Written by admin on April 21, 2011 – 1:15 pm -

It’s not a secret that Forex market is one of the most attractive and favorable ways for making money. All things that our service (GFSignals – Forex trading signals) does concerning Forex trading signals providing is only for your convenience and success. Every time we tell you about extremely successful and profitable Forex trading systems, so it makes you chances to increase your profits higher and higher. And I am happy to tell you about our best trading system suppliers again. They are ready to bring you high profits! Let me introduce them:

Stable trading

First trader I would like to mention is 68088680 and his forex trading system shows really stable results. Just look through his statistics – he has had positive results for 5 months! His win ratio is 86 %, he has a total profitability of +57.30 %. Subscribe, earn money and get rid of your worries!

Money-maker

The next forex trader I will tell you is Oleh81 whose forex trading system got +460 pips last week! And this week he has +178 pips by this moment. Win ratio is 94 %, total profitability is +43.34 %, profitability for 3 months. So, what are you waiting for? Subscribe right now, new profits are waiting for you!

Successful trading

And the last trader I am going to tell you is Kruz with forex strategy system which got +101 pips last week. Not bad, don’t you think? And its trading system has +53 pips by now. His win ratio is 78 %, total profitability is +51.20 %. And he operates only the 1 lot! Just subscribe and your earnings will undoubtedly increase!

Another thing I want to tell you is that one of our traders, who represents ForexSummit trading strategy wrote a post to our blog where he analysed NZD/USD and tell some words about himself. It is a good possibility clients to know more about a trader and to explain some details of your techniques and trading style. It is important for client when trader reveals his thoughts concerning trading, I think you will agree that all subscribers will be happy to know more about his trader. So, good job, ForexSummit and thank you!

That is all for today! Be prosperous!


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Another joke about traders and their activity
Written by admin on April 18, 2011 – 2:56 pm -

Another week has begun and we are waiting for new profitable results. Let me tell you a joke about traders in order to pick up you. I hope you will like it:

A priest dies and is waiting in line at the Pearly Gates. Ahead of him is a guy who’s dressed in sunglasses, a loud shirt, leather jacket, and jeans.

Saint Peter asks this guy, “Who are you, so that I may know whether or not to admit you to the Kingdom of Heaven?”

The guy replies, “I’m Bill Johnson, a forex trader from New York City.”

Saint Peter looked through his list. He smiles and says to the trader, “Take this silken robe and golden staff and enter the Kingdom of Heaven.”

The trader goes into Heaven with his robe and staff, and it’s the priest’s turn. He stands erect and booms out, “I am Jacob Silk, pastor of Saint Mary’s for the last forty-five years.”

Saint Peter looked through his list. He says to the minister, “Take this cotton robe and wooden staff and enter the Kingdom of Heaven.”

“Just a minute,” says the minister. “That man was a forex trader – he gets a silken robe and golden staff but I, a priest, only get a cotton robe and wooden staff? How can this be?”

“Up here, we work by results,” says Saint Peter. “While you preached, people slept, but his clients, they all prayed.

Have a profitable week! Good luck!


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IMPORTANT! Max drawdown for full amount
Written by admin on April 14, 2011 – 12:50 pm -

Hello everyone! Today I am going to tell you about one of the important parameter of our service (GFTraders – traders jobs). It is a Max drawdown for full amount. The necessity to describe this it in details has appeared after some traders violated this parameter.

What does this term mean

In order to operate this term in proper way you should clearly understand what does it mean. So, what is it, max drawdown for full amount? It is a maximum allowed drawdown for WHOLE account amount (see previous parameter) based on your strategy system. It is a maximal loss of client’s account which is accepted by him. This parameter shows an amount of probable losses even if your trading is positive.

How it is calculated?

Let us explain it by example. It is very important to understand and remember that this parameter is calculated for whole account amount, BUT not for 1 trade and so on. You declare an account amount of 1000$ and max drawdown of 20%. It means that your max allowed drawdown will be 200$. Thereby drawdown for 1 lot will be 200 pips and you are allowed only the 1 unsuccessful trade without breaking your parameters. If you have stop loss of 50 pips – you can admit 4 unsuccessful trades, if it is 100 pips – 2 such trades.

If you allow 10 probable unsuccessful trades, each by 100 pips, so your max drawdown for full amount will be 1000$. And you have declared max drawdown of 20%. According to this you minimal account amount should be 5000$ (1000$/20% = 50$, it is 1% of whole amount); 50$*100% = 5000$ (minimal account amount subject to max drawdown of 20%)

You should set max drawdown by yourself. For example for 1 trade it can be 5% but for whole amount of account it should be higher otherwise your system will be closed in case of even small loss.

Conclusion

Drawdowns are part of trading . We clearly understand, that the market is quite unpredictable at the moment. The key to success on Forex market is to see your strategy in proper perspective and to set your drawdown in proper way. If you violate this parameter your clients loose their REAL money. It is inadmissible to breach a contract with your client. So we want to protect both traders and clients from probable losses. If you break your max drawdown for full amount, we will end all subscriptions to your strategy and give money back to our clients. That’s just for preventing you and your clients from risk.


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Get profits with successful forex traders
Written by admin on April 13, 2011 – 4:39 pm -

Hello everyone! Today I am going to tell you about some pretty good strategy systems of successful forex signals suppliers of our service (Forex trading signals). They show stable and profitable performance and they proved to be reliable. It is important to mention that two of these forex traders operate only 1 lot and they show quite profitable results.

Earn with professional

First trading system I would like to speak about is Boly_Gu strategy system. He really knows how to make money. And his statistics proves it. Total profitability is +70.25 %. Win Ratio is 68%. Last week this trader got +114 pips I think it is a pretty good indicator! What are you waiting for? Subscribe and get profits!

Prosperous trading

The second trader whose name is Espar presents his own trading strategy which also shows good performance and good trading. If you want to make sure in it just look through his statistics. He has total profitability of +62.82 %, win ratio of 67 %. His clients got +277 pips last week and this trader has already brought them +67 pips this week! It is a real result and a real profit and it is only with one lot! Don’t lose this chance, subscribe and earn money!

Steady and profitable results

The third trading system I want to tell you belongs to forex trader Kruz who also operates only 1 lot. And his trading strategy brought +153 pips last week. It is only the beginning. By this moment he has +180 pips. Incredible result for this week, don’t you agree? Something else? Ok, his total profitability is +41.10 %, win ratio is 77 %. Don’t waste your time, earn money with this reliable trader

Good luck!


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Just a joke. How can a Forex trader loose everything
Written by admin on April 12, 2011 – 7:44 pm -

Ok, today I am going to tell you another joke about not actually about forex trading but about some occasion in life of trader. Life is life, so let us begin:

A trader sadly tells his friend who is also a trader about his problems:

- Everything has been arranged as I wished. I had everything. A luxurious car, a big house and a pretty woman who loved me. And then – Bang! – And a have lost everything!

- What has happened? A chain of extremely unsuccessful trades? – his friend asks him.

No, it is worse – my wife has known about all these things!

Good luck! Have a big profits this week!


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Get a respite from Forex. Amusing money facts
Written by admin on April 8, 2011 – 12:36 pm -

Almost every forex trader deals with US. And it concerns not only forex trading. Dollar is everywhere. The US economy is built on it. <.strong>The U.S. dollar is the currency most used in international transactions and is one of the world’s reserve currencies and so on and so on. So today I am going to tell you some interesting facts about USD and in general about money. Let’s begin:

- Over sixty communities in the United States have their own local currency. For example: Ithaca New York, Berkshire Massachusetts and Walt Disney World park. Most communities with their own local currency are situated in California. These communities also include some popular colleges.

-A quarter, I mean 25 cent coin has 119 mortises on its edge. It is one more than a 10 cent coin. The mint has begun to use such mortises to prevent fake and devaluation of this coin. In the past coins had been made of precious metals and the coin’s edges had been erased. Sellers started to measure the coin’s weight in order to define the true value of them. Although the mint no longer makes coins from precious metals, the coins still have 119 mortises , so everybody can easily find the differences between for example the dime and penny.

- A Penny weighs 2.5 grams and it is interesting that it is a weight of a humming bird.

- You can find all 50 The US states at the top of the Lincoln Memorial on the back of a 5 dollar banknote.

- There is an owl in the upper left-hand corner on 1 dollar banknote, There is also a spider in the front upper right-hand corner of the banknote.

- The United States began to issue a 5 dollar banknote in order to avoid the coin shortage at the Civil War time.

- There have been also in the past a $500, $1,000, $5,000 and a $10,000 banknote in the past. And the US mint has never produced a 1 million dollar note.

- The amount of Monopoly money which printed in a year, more than real money amount printed throughout the world. It is very interesting fact! The amount of Monopoly game money is $15,140.

- On a Canadian 2 dollar banknote, the flag above the Parliament Building is an American flag. May be Canadians don’t notice it? How do you think?

- There are 293 ways to make change for a dollar.

That is all for today! Enjoy your holidays!


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Successful forex strategies to increase your profits
Written by admin on April 6, 2011 – 2:50 pm -

Do you want to get a stable profit without nervousness? Do you know how to achieve prosperity and become successful forex market participant? Today I am going to tell you about very profitable trading strategies of our service (Forex trading signals) again. Their results really impress. These forex trading strategies brought big profits to their clients. And of course these Forex systems are ready to provide you with its signals now!

Record-breaker

The first forex strategy is Intermediate and intraday system of trading. It shows stable results which help its clients to get more profits and feel themselves confident in Forex market. Its total profitability is +10.04 % . This trading system of trader Braindust has win ratio of 53 %. And this forex trading system supplier brought +840 pips to his clients last week! It is a record of the week! Nad he has already had +113 this week! The only think you need is just to subscribe and increase your earnings!

BigBen_9 and Big profits

The second trading strategy is called BigBen_9 strategy system. It is considered to be prospective and it shows pretty good results. You can look over its statistics and make sure. Its win ratio is 65 % . The total profitability of this trading strategy is +21.90 %. Latest week gave clients of this forex trading system supplier +63 pips. This forex trader is a real professional. He knows how to make money, so subscribe right now and soon you will considerably increase you profits!

Stable and profitable. Boly_Gu trader

Also I think it is necessary to mention Boly_Gu trading strategy . This trading system is also quite successful and this trader is an expert of Forex trading. It is really true. Just examine his strategy system and its statistics. The win ratio is 64 % . Its total profitability is +64.55 %. The profit of the last week is +25 pips. Impressive, don’t you agree? Get a subscription to this trading system and make money without any worries.

So, these abovementioned forex traders are ready to make real money for you and with you. Be winners! Subscribe and get profits! Good luck!


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Not actually about Forex trading but…Enjoy this joke!
Written by admin on April 4, 2011 – 3:18 pm -

This is just a joke but it can happen with everybody, not only with traders. Take care! A forex trader and a blonde are sitting next to each other on a long flight from LA to NY. The trader leans over to her and asks if she would like to play a game. The blonde just wants to take a nap, so she politely declines and rolls over to the window to catch a few winks.

The forex trader persists and explains that the game is really easy and a lot of fun. He explains “I ask you a question, and if you don’t know the answer, you pay me $5, and visa-versa.” Again, she politely declines and tries to get some sleep.

The trader, now somewhat agitated, says, “Okay, if you don’t know the answer you pay me $5, and if I don’t know the answer, I will pay you $50!” Figuring that since she is a blonde that he will easily win the match. This catches the blonde’s attention and, figuring that there will be no end to this torment unless she plays, agrees to the game.

The forex trader asks the first question. “What’s the distance from the earth to the moon?” The blonde doesn’t say a word, reaches in to her purse, pulls out a five-dollar bill and hands it to the trader.

Now, it’s the blonde’s turn. She asks the trader: “What goes up a hill with three legs, and comes down with four?” The trader looks at her with a puzzled look. He takes out his laptop computer and searches all his references. He taps into the Airphone with his modem and searches the Net and the Library of Congress. Frustrated, he sends E-mails to all his coworkers and friends he knows. All to no avail. After over an hour, he wakes the blonde and hands her $50. The blonde politely takes the $50 and turns away to get back to sleep.

The forex trader, who is more than a little miffed, wakes the blonde and asks, “Well, so what is the answer!?” Without a word, the blonde reaches into her purse, hands the trader $5, and goes back to sleep.

Good trading this week!


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Forex trading. Why traders have so few subscribers?
Written by admin on March 31, 2011 – 2:41 pm -

Many forex traders try to answer the urgent question: We show successful results and make pretty good profits. Why they have so few clients? Ok, we will answer this question. Let us explain something to you:

Firstly, trading signals which are sent by forex traders, are executed by clients by themselves. What does it mean? Trader gave a signal, we sent it to subscribers and they receive it by their e-mails or by sms. SO they got a signal and they open a platform by forex brokers and operate these signals. Secondly, and this is very important, time for execution of signals takes 1-3 minutes!

Also it is necessary to mention that a substantial part of our subscribers uses Expert Advisor and also Automatic signals execution. But meanwhile there are some delays of 1 minute and may be even more.

So forex strategy suppliers should take into consideration these peculiarities of sending trading signals:

1. Your client can not execute trading signals immediately.

2. Some time must pass in order subscriber could operate signals in proper way

3. If you send many trading signals… one by one, one by one, it can spurn your clients ( potential and current) from your forex strategy.

That is why forex strategies which use scalping and movable active markets are not popular among our clients.

We recommend you to focus your attention on this article. It will be useful and profitable for your clients and for you.


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