Sunday, 19 February 2012

YOUR BIGGEST LOSER CAN’T EXCEED YOUR BIGGEST WINNER

YOUR BIGGEST LOSER CAN’T EXCEED YOUR BIGGEST WINNER 


Keep a trade log of all your trades throughout the session. If, for example, you know that, so far, your biggest winner on the day
is five e-Mini S&P points, then do not allow a losing trade to exceed those five points. If you do allow a loss to exceed your biggest gain then, effectively, what you have when you net out the biggest winner and biggest loss is a net loss on the two trades. Not good.

NEVER TURN A WINNER INTO A LOSER

NEVER TURN A WINNER INTO A LOSER 



We have all violated this rule. However, it should be our goal to try harder not to violate it in the future. What we are really talking about here is the greed factor. The market has rewarded you by moving in the direction of your position, however, you are not satisfied with a small winner. Thus you hold onto the trade in the hopes of a larger gain, only to watch the market turn and move against you. Of course, inevitably you now hesitate and the trade further deteriorates into a substantial loss. Theres no need to be greedy. Its only one trade. Youll make many more trades throughout the session and many more throughout the next trading sessions. Opportunity exists in the marketplace all of the time. Remember: No one trade should make or break your performance for the day. Dont be greedy.

ALWAYS LOWER YOUR TRADE SIZE WHEN YOU’RE TRADING POORLY

ALWAYS LOWER YOUR TRADE SIZE WHEN YOU’RE TRADING POORLY :


All good traders follow this rule. Why continue to lose on five lots (contracts) per trade when you could save yourself a lot of money by lowering your trade size down to a one lot on your next trade? If I have two losing trades in a row, I always lower my trade size down to a one lot. If my next two trades are profitable, then I move my trade size back up to my original lot size. Its like a batter in baseball who has struck out his last two times at bat. The next time up he will choke up on the bat, shorten his swing and try to make contact. Trading is the same: lower your trade size, try to make a tick or two or even scratch the trade and then raise your
trade size after two consecutive winning trades.

BE DISCIPLINED EVERY DAY, IN EVERY TRADE

BE DISCIPLINED EVERY DAY, IN EVERY TRADE, AND THE MARKET WILL REWARD YOU. BUT DON’T CLAIM TO BE DISCIPLINED IF YOU ARE NOT 100 PERCENT OF THE TIME




Being disciplined is of the utmost importance, but its not a sometimes thing, like claiming you quit a bad habit, such as smoking. If you claim to quit smoking but you sneak a cigarette every once in a while, then you clearly have not quit smoking. If you trade with discipline nine out of ten trades, then you cant claim to be a disciplined trader. It is the one undisciplined trade that will really hurt
your overall performance for the day. Discipline must be practiced on
every trade. When I state that the market will reward you, typically it is in recognizing less of a loss on a losing trade than if you were stubborn and held on too long to a bad trade. Thus, if I lose $200 on a trade, but I
would have lost $1,000 if I had remained in that losing trade, I can claim that I saved myself $800 in additional losses by exiting the bad trade with haste.

THE MARKET PAYS YOU TO BE DISCIPLINED

THE MARKET PAYS YOU TO BE DISCIPLINED



Trading with discipline will put more money in your pocket and take less money out. The one constant truth concerning the  markets is that discipline =  increased profits.

The price gap has not trading ever

The price gap has not trading ever 
 
 
The price gap has not trading ever
Gaps are considered strong support if the downward arrow
Break corresponds to some difficulty
Gaps is strong resistance to upside of the stock
Penetration also corresponds to some difficulty
In attempts to break the arrow to penetrate support or resistance may fail the first time and falls back
But he must try again
Either to test the market power may reflect the familiar slippery slope that begins with boarding the downward
Gaps must be covered no matter how long
Only a matter of time
There are gaps that are not taken to be covered at all
Gaps resulting from binge buying or panic selling should be covered
And the gaps close, God willing,
return
 
 

Forex - Terminologies

 Forex - Terminologies

a-The opening price Open
b- the highest price called high
c - the lowest price called low
d - Average close  called close
g - and volume
The main source of the Data to us on the technical  analysis of any shares
And underwriting and distribution of cash and stock split of the important things that must be followed up




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the maker can move up and down the market

the maker can move up and down the market as he wish
It proved to us he  is always able to change the direction of the market
Whatever brokers  optimistic or vice versa
Is controlled completely in the audience so he calls the herd
as he want

 up     up . . . Stop stop

GBP/AUD 22 Feb

GBP/AUD :
Buy GBP/AUD 1.47325 
SL:1.46925 
TP:1.48125

GBP/AUD 22 Feb

GBP/AUD :
Buy GBP/AUD 1.47263  
SL:1.46463
TP:1.48663

GBP/AUD 22 feb

GBP/AUD :
Sell GBP/AUD 1.47242  SL:1.47642 TP:1.46442 2012.02.20 01:2

USD/CAD 22 Feb

 USD/CAD
Close(SL) Buy USD/CAD 0.99142  Loss:-202 pips

EUR/USD 22 Feb

EUR/USD:
Close(SL) Sell EUR/USD 1.32386  Loss:-152 pips 20
 

GBP/AUD 22 Feb

GBP/AUD:
GBP/AUD @ 1.47263  Buy GBP/AUD 1.47263  SL:1.46463 TP:1.48663 2012.02.20 02:45
 

AUD/JPY 22 Feb

 AUD/JPY :
 
 Close(TP) Buy AUD/JPY 85.822  Profit: 79 pips
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