19 November 2009

Starting bid

Once you have started your first auction, the next major challenge will be the question: how to stay, to gain a foothold in the online forex trading currency market? If you trade currencies, you get out of the bidding as soon as possible after your entry, if something did not work. Most people who are successful in the ventures of another kind, it seems that such a concept is difficult to enforce.

Eg., These financial magnates have earned his fortune, safely moving the storm in bad times and selling during the boom. But the currency market exchange rate can not long remain at the same level, following a certain trend, and your margin will be destroyed until such time as the rate will revert to its previous level.

The other side of the coin - to stay in the trade, when everything works well. The most part of the trap can be called the closure of a winning position without a good reason. Again guilty fear. You will ask yourself: what if I come out now, it's bad news, and I'll stay with anything? But in reality most often appear positive news. Therefore, your fear will only annoy you. Do not try to overcome fear - take it.Laugh at yourself and move on.



No comments:

Post a Comment