Forex Trading Tips pursue safe, Loss Avoidance (losses)

For online entrepreneurs in the field of Forex-trader trader especially a beginner like me there are few tips to avoid loss or loss plus reduce larger at play especially in Marketiva Forex trading. Indeed there is no guarantee of profit and loss when trends, all went back to luck factor, why do I say so, because a lot of evidence that the expert trader, or an expert in analyzing whether it is fundamental, technical and using forex robots do not even dare to guarantee that says conclusively that their analysis was correct and accurate. But that does not mean the analysis is not correct or not needs to be done, I mean the forex market here can not be predictable and always changing. Therefore, in analyzing the KTA must be smart at the right time order.

Given the currency movements continue to run in real time which in essence we should be able to predict through this analysis, not just guessing. If this was tantamount to gambling. Important factor to consider is the psychological need to be controlled do not lust, will hold emotions because the negative impact that will be causing your income, debt, poverty, stress, and finally after that crazy.

Here are some basic tips avoid loss / losses play a greater role in the Forex:

1. Always put a stop loss order at the time, a precaution to avoid bigger losses.
2. Before the order note the release / announcement of the latest news about the Forex market. You can see on the site www.forexfactory.com. As a reference for fundamental analysis. Later I will explain in a special article about the meaning of the terms and intent of such news affect the movement chart (Forex Market).
3. Do not ever order (enter market) exceeds 20% of your capital, because the remaining loss can be used to detain at the time of currency movements opposite the direction we will put.
4. Play in the currency that has spread (the difference between the selling price / purchase) the lowest. For example the Euro currency with U.S. dollar (EUR / USD), the difference is three points / lots. Its function is to maximize profit and minimize loss.
5. Do not be too trusting and relying on charts / chat / graphics, because it could have happened GAP (drastic movement, can suddenly rise or fall).
6. We recommend using a setting with a time frame chart indicator / scale 15 minutes. Usually when the market release about this time that there was a sign of the movement began.
7. Note also the movement of currency / currency of other countries. For example, say we’re trading the EUR / USD. And see also the USD / CHF it is meant as a comparison, so if they move together, then we should not fight the market direction.
8. If you can avoid playing Day of Friday, because according to personal experience predictable movement very difficult and often occur GAP. Might be due to the closing of the market.