All you need to Know about Fund management !

Fund management is the art of breaking even , if you're within the game long enough the dotty can notice you if you lose cash and are shown the door, somebody else can gather them .
the primary step to being around for nut time is breaking even . most traders lose ; if they stone-broke even they'd stillbe within the game . if you're not within the game you'll be able to not win !
although profit maximization ought to be a crucial part in your Fund management plans , it's clear that risk dodging is a lot of vital . a true loss carries a lot of weight than a possible profit .

Of the all trading components , Fund management is maybe the foremost importante . sadly , it's not given such standing by most traders , nor will the literature accurately indicate its place in thriving trading . if you have got a mediocre trading technique , sensible Fund management will build it thriving , or a minimum of keep you from obtaining hurt . however if your Fund management is poor , the simplest technique out there won't prevent from ruin within the long-term .


to some extent , Fund management must be subjective , the markets do strange things .
because most ancient traders specialise in trading techniques , Fund management is just too typically a commercial hoc effort. Fund management is usually a group of rules in Entry and Exit , most frequently comprised just of stops to induce out of a nasty trade before an excessive amount of capital erosion has occured . profits area unit taken once it feels right or once the dealer gets nervous . intuition is okay , however it ought to be solely supplemental to your outlined trading codex .


Risk : 

The first thing you should do it before Entring a trade is to determine a Stopp-loss to protect your funds , All you need to know about Stop loss and how to set it you can consulte this link allowing you to set step by step a Good stop-loss by differents methods : ( Click here )

Entry Management :

- What are tools you use to set an Entry point ??
- do you make positions according to your technical analysis ??
- Does your trade position follow your profile trading Name ( More about the profile trading and his impact on your trade positions )
- Do you set a respectable trade Ratio ( Trade ratio = ( Stopp loss / profit goal ) * 100 ) ?
- What's your relation with Fear & Greed ?

Don't Enter a trade if you can not responds To these questions !!

Exit Management :

- Once your trading strategy tell you to Exit a trade , do not hesitate . Especially when you make profit or you doubt that the market can reflecter against you According Only to your trading tools Exit the trade immediately .

And the Most important thing I advice you to use it , is Stop loss , Remember all the time " Never Enter a trade without Stop loss "

Thank you for reading ,,
Amalric josef !

Tags : Fund management , money management , how to manage funds , how to manage money ,forex management , trading management .

What's your profile trading name ??

Hello
The profile trading is important for every forex trader , You must know who you are when you trade currencies for example , Select the best one that make you profitable and pragmatic in the same time , the adequate question you should ask yourself  is what's the trading level do I feel good at Home ??
after you answer this question you can determine your profile trading easely , when you select it you choose to trade very short-term ( Guerilla ) ,short-term ( Scalper ) , intermediate-term ( day-trader) or long-term (position-trader) .

Guerilla :

Guerillas are called also Frequency traders , they trade using the short-term , they put les than 20 pips as a goal 0-20 and they look for the quickest Entry and Exit point , but pay attention unless you trade giant numbers and receive very tiny bid-ask spreads , the guerrilla goals are not counseled !!

Scalper :

Scalpers set ther profits near than Guerrilas , they look to scalp 10-35 pips , If you trade forex with small account and you want to trade using scalping strategy choose always to trade majors pairs which liquidity is strong and spreads are less than 4 pips .
Caution : More you trade the greater Fear & greed will become to you so respect your profile trading and account parameters .

Day trader :

 " day traders " set as profit more than 35 pips , they make significant benefits selecting one currency pair,  also ther positions stay at less 5-20 hours live , the advice can I give you if you choose to be a day trader is to stay Online when you make a position or set a High professtional Stop-loss !!

Position trader :

 " Position traders " , they put as profit the biggest profits at less more than 100 pips !! , their positions can stay live 2 or 3 trading days , they need to set a Stop loss order or stay in the market as long as possible , because News can swiftly destroy your trade !!!

Thank you for reading
Josef Amalric  :)

Tags : Trading profile , Scalper , Guerrilla , day trader , position trader , what is profile trading , find profile trading , my profile trading .

How to determine Stop-loss ? step by step

How to determine SL ?
There are a thousands techniques to define a SL order , for me I'm not using any methode to set SL , just because I use already Scalping strategy so I don't need more then 10-15 pips as SL
but I have used sometimes those ways to determine SL action :
1 - below or above support or resistance lignes ( this methodology is famous but pay attention for price reflection !! )

( despite the variety of support and resistance methods , traders cluster in very similar price area . professional traders use those areas to make contrarian trades , they are buying and selling when your stops are being hit , if resistance is broken professional trader will buy , if support is broken he will sell , Really genius astuce !!)
2 - you can also set your SLs depending on your trade profile , this is the easy way to determine a SL:

- If you are a guerilla , set for each 1 profit pip 2 pips for your SL
- If you are a scalper , set for each 3 profits pips 1 pip for your SL
- If you are a day trader , set for each 5 profits 1 pip for your SL

Thank you for reading :)
amalric ,,

Tags : how to set stop-loss , stop-loss , stoploss, forex stop-loss , how to determine stop-loss , support and resistance .

Fundamental or Technical analysis ?

Hello ..
I woult to talk today about something very important for all traders whatever was their trade profil ..
A lot of forex traders use TA to trade ( Indicators - Trends - Price action ....) , it is more correct and objectif for the short run because on the long run there is a high probability that the equation may turn , news can disturbe your TA !!!
FT factors ( consumer confidence , personal income , trade balance , employment situation , national product ... ) drive prices on the long run , So if you like to trade using TA try to avoid trading in the long run and trade only in the short term or we can say that FA is for the long run and TA is for the short term , keyns confirme that when he said " we are all dead in the long run " .
I'm sure that News , national or international trade statistics , political events can drive forex market , but the problem that make me choosing TA is how can I interpret FA datas ? , for the long term and short term ? How can I for example convert a balance trade statistics to a price value ? and let us assume that I can convert this FA data for a price value there is a lot of fundamental informations how can I make an homogeneous decision using them ?
In my account I'm with TA but fundamentalists has there opinions concerning my preference is that the datas we use are already history by the time we do calculations and they don't have any impact on the future prices ..
If you choose to trade using FA , how much time you will stay when you open a position ? At what price Can you scalp your profit , how much pips you will consecrate for your stop loss ? I don't know if the fundamentalists can respond these questions !!
NOW choose what is the best for you TA or FA !!


Tags : What's the best fundamental or technical analysis , technical analysis is the best , fundamental is the best , trade using technical analysis , trade using fundamental analysis , fundamental analysis , technical analysis .

How to avoid fear & greed In forex trading ?

Hi ...
In this article I woult to talk about some thing very important for every Forex trader its fear & greed  , and how they can destroye trader profits ..
Some of traders have the attitude of winning naturally so they are not touched about frear & greed , some others do not have, so there chances of success in forex market are not suffisantes , the solution is to develop there own methode to put out there emotions when they trade forex ..
psychology in Forex trading is in the first keeping your emotions in restraint ( fear & greed) , the first emotions of any market are fear & greed , the move leveraged and volatile a market , the faster these emotions will hurt your results  , if you trade forex while you have a low leverage , these emotions might not have an effect on your trading results . in forex i will tell you that they're going to come back to you in each position you create ..
Also Whenever you are not a nervous trader , Whenever you will profit more from the market , in generaly negative emotions are not good for a trader ..
 if you are a nervous trader I advice you to trade using Scalping strategy to avoid waiting a long time , the position duration is little then make you nervous . ( if you are interested about learning how to trade with Scalping you can show this article : http://tradingg.blogspot.com/2013/03/how-to-trade-with-scalping-strategy.html) .
One other solution is to trade using black boxes ( I don't advice you to trade using black boxes they are more difficult and enigme just I try to give you some examples )  , or Robots ( they are easy and if you have found a good useful robot don't hesitate to use it ) , fear & greed have no place here ..
The humain just he develop and program a Code to trade and the robot applicate at end literally without using fear & greed emotions ..
I can Swear that fear & greed have a big impacts in the market , some forex expert said that they move 95 % of the market , When the market is represented by an uptrend then buyers are greedy and therefore sellers are fearful , and when the market is trending down the buyers are fearful and therefore sellers are greedy ,
price chart = fear & greed ,, profit = greed , loss = fear .
whenever she is your personality fear & greed will play a part of your trading system , you will suffer from them when you make a decision to open a trade position and when you follow it , and also when you close it ..
If you want to avoid fear & greed follow this methodology :

1 - Knowing who you are is the most importante question you must ask your self to determine your personality ( nervous , calm , passionate , + , - ...)
- If you follow your emotions use robots as I tell you above .
- If you are nervous trade using scalping strategy .
- try to monitoring your emotions .
- Use demo account at less for 6 months to diagnose yourself .
- don't let losses discourage you and don't let profits make you greed .
So try do develop your trading style , for me I'm negative/calm and its Good for me , just do not be excitable because the market want you to be that ..

Thanks a lot
Josef amalric :)

Tags : fear & greed , How to avoid emotions in trading , forex emotions , trader psychology , forex trading basics , how to trade , when to trade and when not to trade .

The best trading times and when not to trade !!

The forex market is open 24/24 hours and 5/7 days but time trading is a very important thing for a trader , so If you are really ready to be a professtional trader you must choose the adequate time trading to trade in forex market , there are times that you should not trade in there , naturally these times would come with once there's very little momentum in either direction and therefore the market is stuck in neutral . in these comparatively inactive times trading , there ar generally reaching to be larger than traditional spreads , therefore you'll lose right off the bat , paying to abundant for a wider unfold of larger than ever 5-7 pips .
The great time to trade is when the market is very active and in the same time has a good volume of trades , more the currency is in the active condition and in good volume , and the market is strong more you can make a profitable trades , remember this rule will keep you out from the market with a good benifice .

As you look those are trading times :

( Source : http://forex.timezoneconverter.com/index.cgi?timezone=GMT&refresh=5)
I advice you primary to avoid trading on Friday, and to Trade only when two forex sessions overlap if you want to make money , So do not be greed to trade every time .
For example trading GBP/USD currency will give his best results at the time trading between 8:00 am and 12:00 EST when two markets are actives for those currencies , at this time trading I assume you will get a high results and benifices .
forex timezone : http://forex.timezoneconverter.com/index.cgi?timezone=GMT&refresh=5

My respects
Josef amalric :))

Tags : when to trade , when not to trade , how to trade , best times to trade , forex trading times , what's the good time to trade forex , time in forex .

Scalping strategy ? ( Step by Step )

In this Article I will teach you my methode of trading using " Scalping " strategy , For me I don't believe Really  on trading with indicators (Trend is your friend ) but I assume that Scalping is the only one indicator strategy I can tell you , you can make some pips with it .
If you wanna make cash within the forex market you'd need to open a position with either a buy or a sell order and so close that position at future purpose in time ,as a result you will make a profit or a loss of funds in your account , So the most important thing that make difference between a profitable trader and a trader who loss his money it's his forex strategy  .
OK I will give you an easy example , we suppose you place a sell order solding the GBP/USD at 1,2000 , you anticipate that the price will decline in his action , the price decline as you anticipate and you close your position at 1,1960 you will make 40 pips as a profit or 400 dollars with 1 Full lot size and 40 dollars with 1 mini lot size . but if the price rises then you will make a loss , To avoid this loss be sure to make 15-25 pips for account security ( Never ever trade without Stop loss order ) .
You will not making money without practise a lot of strategies and then choose and develop your own strategy at the end , for me I have practise Scalping strategy for 4 months with a virtuel account , now I make 20-40 pips at less per Day with real account .

L'et us learn the scalping strategy Step by Step :

Open a New chart as you look at the image and choose GBP/USD currency pair

You choose 5 minutes as a Time Frame (TF)

 

Then Choose japanese candelstick as a bar and click at Zoom Out (-) , put it at maximum then click 3 times at the icon Zoom in (+) , it's allow you to analyse 3 hours of the price past history action .

Now you must Open 7,3,50 Of Moving average indicator as you look on the next image (1) and (2) :
2 ways to open the MA

Or

Then you choose differentes colors , and you choose periodes ( for our scalping strategy we choose three periodes 50,7 and 3 MA )

 As results you must have like this chart :

Ok right now it's great as you look I explain to you step by step ...
Now we must using the  3 and 7 and 50 moving averages to trade GBP/USD currency
( This strategy is available to all pairs currencies not only for GBP/USD pair , we take it just as an example )

Notice (1) : You can use Support and resitence lignes to determine your profit and your stopp loss order , but in general we choose 8-10 pips (8-10 pips are a great profit for a scalper ) as a profit and 10-15 as a stopp loss .
Notice (2) : We pay attention to 3 and 7 MA crosses , we Use the 50 MA to see if the market is bearish (uptrend) or bullish (downtrend)

 Notice (3: Sell Order ) : when the fifty MA is declining we'll enter the market ( we enter with sell order ) once the three MA has crossed the seven MA to the downside at the top of the five minutes candelstick and not before ( pay attention : and not before .)  then we'll keep within the market until the three MA starts crossing the seven MA in Associate in Nursing upward motion and Close our position using the button " close order " .

 
Notice (4 : Buy order ) :  if the fifty MA was in upward trend we have a tendency to place a buy position once the three MA crossed the seven MA to the face at the top of a five minutes candlestick and not before and close our position once the three MA starts to cross the seven MA to the draw back.

 Right now you have the basics Let's us make some Online positions : Open your plateforme and make your analyse using the rules that I have explain to you above .

Notic (5) : Never make position if the 50 moving average is in a Sedline condiction :

Example of a position :

As result I make 10 pips in 3 minutes ,, :)

more results :

In next Topics I will share with you my own methode to trade without Indicators and specially trading following the trend price action using a high time frames like H1,H4,D1,W1 , To get high profit 70 pips per day at less and Also the best times to trade forex and when not to do that to be a profitable scalper and more ...

Thank you for reading :)

Josef Amalric,,

www.tradingg.blogspot.com

Tags : Scalping strategy , How to trade , trade using scalping , Scalping , strategy trading , forex trading strategies , profitable forex trading strategies , high probability forex trading strategies .

Why Forex World ??

Hi ..

I wrote this Article just to convaince you that the best home business is Forex , before sharing with you my methode  to make money in forex world ..

a lot of reasons make me Greed to choose trading forex world :

- no selling , no recruiting ,no network promoting

- you can work 24/24 , five days per week (Monday to Friday )

- Can profit in a very sensible or dangerous economy

- over four trillion greenbacks daily international income , high liquidity results in  several daily profit opportunities .

- gives a lot of free time for family and friends

- master of your own destiny

- year finish statement is shipped to you , No paperwork

- can work from home any wherever within the world

- No intervention in your work ( you feel liberty )

- Healthy work ( No unhealthy actions )

Bref , Forex world in my opinion is the best area to invest and I purpose these reasons intent on you as a result of there's no alternative legal , legitimate business out there which will treat you to a more robust fashion ...

Ok right now I imagine I convaince you that Forex world is a good domaine to invest your money but you need to learn the basics then you can make money from it , don't worry you need to invest just some few months to make a medium knowledge to pervade forex area ..

Really it's very nice at the end of a day to discover in your platform that you have maked some good pips , Wonderful emotion !!! , also I feel good when I share my knowledge with others , not only in forex world !!

your job is to stay feeding your hunger for data and with the passage of time , be sure you will succeed just never give up , forex world need to try and try , in the first time maybe you will  fail , Do not give up your dreams not only in forex but furthermore in your life ... 

In forex world you don't need to market products , marketing is not a useful science in forex , buy or sell is back to you , wherever time you choose to do a position , you will find that's it's very easy because 24/24 in forex market you have a thousands of  people ready to buy if you choose to sell , and ready to sell if you want to buy .(No customer will disturb your day or call you to ruin your mood ) .

forex market is disponible 24/24 five days per week so more time with family and friends , It's so cool to spend all your day near family , there is a lot of businessmen hope to spend some few minutes with there families but they don't have time .

You need just a simple internet and computer to debute your own business , and wherevere you are you can work .

Josef  :) ,,

Tags : Why forex is the best home business , home business , home jobs .