hi,can you teach me how to use forex arbitrage calculator?thanks for helping,best regards,ahmad?
Sunday, January 26, 2014
, Posted by Ryanita at 1:00 PM
ahmad k
hi,
can you teach me how to use forex arbitrage calculator?
thanks for helping
best regards
ahmad
Answer
You can download a free step-by-step guide at http://www.forexfromscratch.com - just type your name and email and they will email you the book.
Basically, the book is a 5 step guide to starting in forex, covering everything from the basics to live trading accounts.
It's a VERY interesting read... and it's free!
You can download a free step-by-step guide at http://www.forexfromscratch.com - just type your name and email and they will email you the book.
Basically, the book is a 5 step guide to starting in forex, covering everything from the basics to live trading accounts.
It's a VERY interesting read... and it's free!
How to pyramid on forex?
Prince
Hi all!
I wonder,how and when to pyramid as soon as I see that trade is profitable.
Is there any kind of indicator,calculator,tutorial,etc which can help me?
Thanks
Answer
What do you mean by Pyramid? You mean adding on to a position or you mean compounding your account to increase it's size.
For adding on, I don't recommend it unless you are confident with the strength of the trend to drop a little more risk in. It's a good idea to lock in profits of your already profitable position with a +ve stop loss as well.
I don't recommend compounding either, at least until you have withdrawn your profits up till the stage where you have taken your initial capital back so all you are left with is pure profits as risk capital. For instance, you deposited $10k, don't compound until you withdraw at least $10k again. My personal habit is to withdraw some or all of the week's profits on Fridays. After all, aren't we trading to make a profit and reap the benefits of those profits by restocking our bank accounts?
What do you mean by Pyramid? You mean adding on to a position or you mean compounding your account to increase it's size.
For adding on, I don't recommend it unless you are confident with the strength of the trend to drop a little more risk in. It's a good idea to lock in profits of your already profitable position with a +ve stop loss as well.
I don't recommend compounding either, at least until you have withdrawn your profits up till the stage where you have taken your initial capital back so all you are left with is pure profits as risk capital. For instance, you deposited $10k, don't compound until you withdraw at least $10k again. My personal habit is to withdraw some or all of the week's profits on Fridays. After all, aren't we trading to make a profit and reap the benefits of those profits by restocking our bank accounts?
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