No one is born into this world by having ability to invest in themselves. All the ability to invest with the birth of the learning process in a consistent and focused.The advantage never fell from the sky itself.
Some people open a real account without sufficient practice time just because they made a few times their profits in the demo account! We will learn later what it is
demo account and why it's important. What is clear, open a real account without
good practice with the same fighting without a gun. Suicide.
To that end, Learn Forex understand the need for an educational module appropriate and targeted to all beginners in learning forex trading. The hope is no longer beginners forex confusion and asked: "Where I have to start learning forex
Me? " Yes of course the best place for you to learn is in school. We spent nearly one third of our lives with the school. Now, if there are schools for doctors, engineers, architects, and more. If so the right school for you and I to learn forex trading Forex School yes. This school is not a name. Still generic. So
we refer to this Forex School.
Each module is designed to make ordinary people understand the concept of trading.
Starting from the macro picture of the forex investment up to the smallest detail
though. Entering the higher levels, you will be given more in-depth knowledge about the psychology of forex and more money management.
Do not disconnect your forex schools middle of the road! Stay tuned based on the sequence, do not jump around and remain consistent studied. Each class had to pass though sometimes tedious. Ok, here's our forex class division. Classes will be divided into four levels.
1. Sitting Duck
In the first level is called Sitting Duck Class. Here You will learn the basics of investing and a little common sense forex. This class is for you who are still fairly common in investment world.
About why we call the "Sitting Duck", it is because the newbie is still classified as an investor Beginners can become easy targets as well as various types of fraud
market volatility. The forex market is not suitable for the "sitting duck".
They are a class of people who see the world of investing solely about profit without knowing they're there in the area dangerous and there are 'predators who lurk'. Danger in the form of risk market and the fact that the world of investing course. Just the same as any other business that is in it there is a good person
and evil people who are looking for prospective prey.
2. Walking Lamb
The second class is called "Walking Lamb. You already can be estimated Start walking and no longer sits like a duck (the target tender). Sheep can recognize a wolf and be away from him toward safer place. But however remains a sheep sheep. A sheep that runs remain a sheep. Do not have a enough ability to avoid enemy let alone repay. Learn things that are more advanced about forex here. You've started entering the forex from a practical side and no longer mention the concept the only real basis of well known and not needed anymore when you begin actively trading.
3. Running Pig
Yup, pig run. Somewhat vulgar but most forex traders are stuck here. A pigs can run fast but difficult to turn and no agile at all in his run. Fast indeed, but do not have enough the ability to see what was happening in front of them. Likewise
Most traders behave like this. They assume the know this and that theory and the theory was proven a few times in the past, they felt they had discovered the true key of the trading the truth and then entered in real trading with blind. Market forex trader is full of graves like this.
4. Fox Hunting
Well here it is the last class of our forex journey, Not in a hurry but that does not mean timid. Brave but not remiss. Know when to come in and attack, when to exit and when to shut up and continue to lurk patiently. No idealist but realistic. Quickly changed following the market movements cleverly and make the market as their quarry. May be a dangerous game but they have been preparing all possibilities that could happen so they deserve to be called fox hunting. Not much can reach this stage, to those who speculate and gain profit from the market consistently.
2 comments
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Posted on May 8, 2010 at 10:30 PM
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Posted on May 15, 2010 at 8:40 AM