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Wednesday, September 14, 2011

How to trade in Forex


 

 
 
 
 
I have been a trader for quite a long while, and i have learnt much from my experience, until recently : Experience as everywhere in life and in all fields, teaches us not to repeat  the  same mistakes, instead we are taught how to be more successful, and get things better for us each time. For Forex, this cannot just be ''each time'' it would be ''any time''!

I remember it was Tuesday,, end of July of 2010, when it had been just a few weeks since my first day of experience on Forex..I was actually doing on that day,the transaction of EUR/USD (''buy''/''sell''), which I still find too profitable many times..So I saw that for one second I was earning while the next few seconds I was losing, then I lost about Eur 20.00 in a few clicks, but insisted on doing this, but in vain : I was losing, and being afraid some moment of losing even my invested funds- I withdrew all my funds by closing the table at that moment..To my surprise I saw, that I had lost nothing since all funds invested until then returned to me! So, if you se losing some moment, then, just withdraw your funds by ''closing'' the relative transaction, and get back at another moment, when things will be more favorable for you!..

Indeed, after three days, when I got back and invested this same money in another transaction I saw I was earning continously, till I stopped the transaction myself, as not being able to ''bear earning anymore'', if you can believe this..So, get best transactions, by discovering  them each time, and focus on best rates..My profits on that day, got Eur 80.00 net profit, within 15 minutes..Will you try?..It may be your turn this time!

Submitted by Katrina Kat
Student practicing forex trading
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