Sunday, May 13, 2007

What are the recommended limits per trade, if I want to do online spot forex trading? -

Would appreciate if you could advice on the limitations of market-makers and ECN brokers Hi solvent! I have a couple of months trading currencies with excellent results, however, i don t know too much about forex :S i use a software that most of my relatives use to trade in forex, it s a bless for me and my family, here s the web page so you can see what i m talking about, i fully recommend it http://www.robot4trade.com have a good day! some months ago i checked out a website from Mr. Abe who has more than 18 years experience in forex trading and teaching. Therefore, I found out many forex trading tips and strategies on his forex blog. you may take a look to his site for more detail here http://www.secretsofforextraders.com or his blogs at http://blog.secretsofforextraders.com. best wishes! Setting limits is as important as knowing where the price is going. That s what some call money management and is healthy for you both physically and finance. How to set your limits? That would depend on your strategy. You can either use indicators like fractals, SMA 200, Bollinger Bands, or you can just trade without any limits at all. The key issue here is to be aware of how much can you win and how much can you lose.

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