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Jumat, 28 Oktober 2016

Three Common Mistakes in Forex Trading


Forex trading can be a very profitable feat. Every year, there are more and more people making profit from the Forex markets. If you take your time and work hard at learning the skill of trading, there is a very good chance you can become one of these people and become financially independent.

It is not a get rich quick market however. It actually does take time and hard work to master the skill. This is a disappointing fact to many newer traders, but if you avoid the following mistakes, you can potentially cut years off of your learning curve.

The first mistake that many new traders make is not testing out their Forex trading strategy. They read about a system on some forums and decide that it's the right system for them and start trading real money with it. Unfortunately, even if the system is profitable, it will be very hard to have the confidence to make intelligent decisions once in the trade if you have not tested it out for yourself.
If you read about a trading method that you are interested in, you need to do your due diligence and test it for yourself. Once you can see that it is in fact profitable, your confidence in that method will increase tenfold and even if you take a couple of losing trades it will not bother you because you have proven in your testing that it works!

Another mistake that traders make is that once they have a losing trade or a string of losing trades, they ditch their current strategy to look for a "better" one. This ties back into the previous point. If you have proven to yourself that the method is profitable, then why would you look for another method? The fact is that every system or strategy will have losing trades. It is bound to happen. Just because this occurs does not mean that you need to change strategies!
You need to give your method time for its edge to work out. Some traders do this for years searching for the "perfect" system. Unfortunately they will eventually realize that they have wasted a lot of time that they could have been using to become profitable with a single trading strategy.
One more very common mistake among many traders is that they risk too much per trade. They have read about a system and feel that they understand it completely so then they jump in the market risking 10% or more of their account hoping to strike it big. Again, trading does not work like this. Imagine the emotions you would go through if you lost 10% of your account on a single trade.

Not to mention the nervousness you would feel while you are in the trade, whether or not it's losing. This is simply too much risk to place on a trade. Most professional traders don't place anywhere near that amount of risk. Professionals typically risk 1 to 3% on their Forex trades. If professionals who have been doing this for years risk just 1 to 3%, then you would be wise to do the same!


There can be a large learning curve to Forex trading. However if you avoid these mistakes from the beginning, you will be able to cut that learning curve down significantly and be trading profitably much faster than the average person. Treat Forex trading like a business and you have a good chance of becoming profitable.
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Admin

Minggu, 09 Oktober 2016

ONNO PURBO: INTERNET IN INDONESIA IS FAR FROM ENOUGH

JAKARTA, KOMPAS.com - Indonesian information technology experts, Onno W Purbo assess the availability of Internet access in Indonesia is still far from enough. 
He estimates that only about 20 percent of Indonesian citizens who can enjoy Internet access. While the rest is still difficult to reach such access.
In fact, according to Onno, the United Nations stated that internet access is a human right. 
"So the Ministry of Communications and Information Technology actually violated human rights. Definitely dizziness him directly," joked Onno laughing when filling segment of "Sharing Science and Technology" in the event Smesco Kompasianival in Smesco building, Jakarta, Saturday (10/08/2016). 
Onno said the government never targeting 50 percent of Indonesia already use the internet. In fact, until this year, the target is not met. 
"It's 2015. It's not appropriate target," said Onno. 
Onno hope Kemenkominfo could soon increase the spread of Internet usage up to the village and corners. 
For information, the government passed the Palapa Ring is preparing a program for distributing Internet access to all corners of Indonesia. (Read: 10 Years stalled, the Palapa Ring Project Targeted Completed 2018). 
According to Onno, there is a way "cheating" so that people in remote areas can get Internet access. With easygoing style and eccentric, he revealed the trick to build Internet networks in rural unreached internet provided by the government. 
"Easy technique, capital is not expensive and not complicated. There is no need to use advanced tools as well," he said. 
Enough to buy an antenna that looks like a TV antenna and antenna unanimous. Is then connected so that a repeater. Component price is quite affordable and can be purchased at electronics stores. For 3G networks, the price of the antennae can be more expensive. 
The solution is meant by Onno is Open Base Transceiver Station, or shortened OpenBTS. OpenBTS is a software-based GSM BTS device, which allows mobile phone users to call and surf without using the mobile network operator. 
"The signal is good, but this is unlawful," said Onno laughter from the participants. 
Telecommunications equipment was never applied in Wamena, Papua. Onno said, because it is easy to get the ingredients and operate it, the elementary school teacher can assemble. (Read: Basics Assemble OpenBTS ala Onno Purbo)
 However, once again reminded that the way to assemble Onno is not justified by law.@@STFXPCM@@
                         

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Admin