Đây là tài liệu được tổng hợp từ các trader hàng đầu, bao gồm 10 chỉ dẫn giúp giao dịch thành công trên thị trường Forex. Ebook được trình bày rất đẹp, câu văn xúc tích rõ ràng. Sau đây là nội dung Ebook When it comes to forex, the difference between traders and hobbyists comes down to discipline. Successful traders have habits they follow to keep them in the market longer, improve their performance, and take on the volatility of the day. Good habits and discipline grow with experience, but you should already begin building them from the start. This guide explains the basic habits of professional forex traders so that you can apply them from the very first trade. They will increase your chances of success and help you identify ways to improve, as you continue to trade the market. Every day, you have choices: what to trade, how large to make each trade, and when to cut your losses. These are the basic pieces of information you need before you can place a single trade. Theres no need to leave these up to guesswork. These ten tips will give you the information you need to start planning your trades. This book has my list of the ten things that the best traders know. Read it and follow it. Youll make money in the forex market.
10tips to evolve your trading Evolve into a Professional Trader in 10 easy steps 10 Tips To Evolve Your Trading 01 Ten SecreTS of Top TraderS When it comes to forex, the difference between traders and hobbyists comes down to discipline. Successful traders have habits they follow to keep them in the market longer, improve their performance, and take on the volatility of the day. Good habits and discipline grow with experience, but you should already begin building them from the start. This guide explains the basic habits of professional forex traders so that you can apply them from the very rst trade. They will increase your chances of success and help you identify ways to improve, as you continue to trade the market. This book has my list of the ten things that the best traders know. Use it to trade with Markets. com, and see your trading improve. MARKETS.COM 02 Every day, you have choices: what to trade, how large to make each trade, and when to cut your losses. These are the basic pieces of information you need before you can place a single trade. There's no need to leave these up to guesswork. These ten tips will give you the information you need to start planning your trades. Money ManageMenT 10 Tips To Evolve Your Trading 03 Pairs that are volatile are great for traders; the more the prices move, the more opportunities there are to make protable trades. If a price moves up and down a lot during the day, then there are more opportunities to buy and to sell. Volatility moves region by region; at the time this is being written, European currencies have had the most day-to-day price changes. Traders also need pairs that are liquid. A pair needs a steady volume of transactions during the day to make it easy to 1. chooSe a Trading pair: The rst decision to make in forex is guring out what to trade. get in and get out when your trading strategy calls for it. Pairs involving such major currencies as the U.S. Dollar, Japanese Yen, and Great Britain Pound are extremely liquid; more exotic currencies are less liquid and are not a good choice for most beginners. MARKETS.COM 04 Beyond that, there are a few other considerations, when choosing a pair: Do you know something about certain markets because of your job, your travels, or for other reasons? If you have an understanding of how certain currencies move already, then it would be good to start with those pairs. When will you be trading? Look for currencies in markets that are open when you are trading. If your trading hours match daytime in Europe, then concentrate on European pairs. If you're working when both North American and European markets are open, look into those pairs. Look for similar markets. Many currencies trade in similar patterns or react to similar news. For example, the Australian Dollar and the Japanese Yen both react to economic growth in the Pacic, especially China. As you move beyond your initial pair, you can lever your research and-experience with a pair that has some similar characteristics. 10 Tips To Evolve Your Trading 05 By setting limits on your trade size, you'll have funds for other opportunities, and you'll cushion the effects of your losses. There are many different money-management systems out there, and you can nd some on the Markets.com platform. One that's relatively simple to learn and use is the xed fractional system. To use the xed fractional in forex, simply determine what percentage of your account you want to risk on each trade. Many traders nd that 10 percent is a good place to start. If your account has $10,000 in it, then you would want each trade to be $1000. 2. chooSe The Size of each Trade: You may have the urge to use your full account for each trade. Don't, even if you are placing only one trade at a time The key to using the xed fractional system is to use the same fraction to adjust the trade size as the account size grows. If the $1,000 trade doubles, your account would then be $11,000, so the next trade should be $1,100. If you were to lose all of that $1,000 trade, then your account balance would be $9,000, so the next trade should be $900 – or the lot size that will put as much of that money to work as possible. Markets.com's money management features can calculate trade size for you automatically. Top traders know that they only have so much time and attention. They place only as many trades as they can stay on top of–and respond to–at once. Start with one trade at a time, and add trades as you develop a feel for your patience and your attention span. MARKETS.COM 06 (in many pairs, a pip is a 1/100 of a penny), leverage helps you get more return from every trade. If you want to trade 10 percent of a $10,000 account, then your committed capital for each trade is $1,000 but your trade itself can be signicantly larger. With 100:1 leverage, you could place a trade with a total value of $100,000. The other $99,000 would be provided by Markets.com. Here's the best part: you can't lose $99,000! Your position will automatically be closed if your loss equals the total value of your account, and you are not responsible for additional losses. Many beginning traders start with low leverage and move up as they gain experience. This gives them more time to develop a winning strategy, although at the expense of small prots. Money management will help you capitalize on your winning trades, while limiting the damage that one unsuccessful trade can do. It keeps you in the market and prevents a busted account. It is the single most important factor in successful long-term trading. Leverage is the percentage of each trade that has to be in your account, and it is a key part of money management in forex. Because the returns are so small 10 Tips To Evolve Your Trading 07 Although Markets.com automatically limits your losses to your account size, you probably want to keep your losses well below that. Top traders use stop-loss orders to keep their losses manageable. When you place your order, specify the number of pips you are willing to lose. Suppose you are trading the Canadian Dollar and the US Dollar. If your trade $100,000 US on CAD/USD at .9795 using 100:1 leverage, then each pip is worth $10 to you. Your trade is betting that the Canadian Dollar becomes more valuable than the US Dollar. If you want to make sure you don't lose more than $100 – 10% of your $1000 trade exposure - enter your order with a stop-loss of .9785. When a trade is moving against you, you need to get out. As hard as it can be, take your loss and move on. 3. USe STop-loSS orderS To liMiT The downSide: MARKETS.COM 08 And yes, currency markets can move too fast for you to respond. A rebellion, a nancial crisis, or a scandal can come out and force exchange rates into a free-fall. A stop-loss will preserve your capital when it counts. Otherwise, your account will dwindle down to nothing in no time. You can choose to sell on your own when a trade hits a predetermined limit, but a stop-loss order forces discipline, and it works fast when the market may be moving too quickly for you to respond. Stop loss orders prevent you from second-guessing yourself – and the markets. They allow you to take your loss and move on to the next trade. Wishing and hoping that the trade will work out after all won't let you do that. 10 Tips To Evolve Your Trading 09 analyzing TradeS Developing an order and managing your positions will get you started. To continue trading well, you need to keep track of your trades and then review what worked and what didn't. Trading well requires careful thinking about what to trade and how to trade, followed with a good analysis of how those trades performed. [...]... commit $100 0 of your capital at 100 :1 leverage to buy the Mexican Peso at MXNUSD 0725; at $100 ,000, his gives you 1,379, 310 pesos You exit the trade at MXN/USD 0735, which gives you $101 ,379.31 In other words, the total value of the trade increased, by $1379.31, from $100 ,000, to $101 ,379.31 On a percentage basis, this trade increased by 1,382,630/1,379,370 – 1 = 0.24% However, you had committed only $100 0.00... Finally, top traders diversify by keeping some of their portfolio outside of their trading account They have stocks, bonds, cash, and real estate to help fund their retirement or their other financial goals Forex has valuable diversification benefits and may improve total performance However, a trader who puts all of his or her wealth on the line will start trading out of fear and make mistakes 27 10 Tips. .. Greenwich Mean Time on the third Monday of every month Market analysts are expecting positive numbers, which would increase the value of the Japanese Yen relative to the Australian Dollar You enter an order of 100 ,000 JPYAUD at 0128 with the plan to sell immediately after the news is released or if a stop-loss of 0138 is reached As they develop technical analysis skills, traders can anticipate expectations... $100 0.00 of your own capital; the other $99,000 was obtained through leverage Subtract that from your proceeds for an ending value of $101 ,379.31 - $99,000 = $2379.31 Divide this by $100 0 and subtract 1 to calculate performance: $2379.31/ $100 0.00 -1 = 137.93% MARKETS.COM 20 A second performance number is the batting average To find it, you divide the total number of winning trades, by the number of losing... your emotions, the better off you will be Your trading is part of your life and part of your overall financial portfolio Keeping perspective on how it fits in will help you keep your head and improve your trading 23 10 Tips To Evolve Your Trading 8 Keep regular trading hours: Forex markets are open all the time, with only a very short break between Friday at 10: 00 pm GMT until 10: 00 pm on Sunday GMT If... times of the day, depending on which financial markets are open If you maintain a regular time for trading, you'll get a sense of how your preferred pairs move during your part of the day You also need to take a break The market can be relentless some days, and it will trade with or without you Top traders take time off every day This helps them keep a clear head and avoid making emotional trades out of. .. currency pairs Top traders take the time to know what announcements are expected and when so that they can plan their trades for the day Even traders who are not trading the news will be affected by trend changes that may result from news announcements All of the major upcoming events are listed on the Markets.com site A few minutes of time and preparation will keep you from being blindsided 25 10 Tips To... can anticipate expectations and reactions from the charts, improving the precision of news trading Charts show supply and demand for a given currency pair, which gives an indication of the intensity and direction of expectations 13 10 Tips To Evolve Your Trading Carry trade Carry trade is a staple of currency trading Traders sell currencies in markets with a low interest rate and buy currencies in... out over weeks instead of hours It's a nice way to diversify your trading portfolio and take advantage of longer-term trends For example: If interest rates are low in the US and high in Europe, the trade would be EURUSD You enter a trade of 1.2769, looking for appreciation to 1.3000 You plan to hold the trade for two weeks or until a stop-loss of 1.2669 is hit MARKETS.COM 14 Many traders work with both... work out? 21 10 Tips To Evolve Your Trading It may seem that your profits are small That's okay Each forex trade is a short-term proposition Small percentages will add up over the course of a month, a quarter, and a year For now, concentrate on identifying the trades that have the largest gains – and losses – and look to see why they worked out as they did By the way, many professional traders say that . 1 0tips to evolve your trading Evolve into a Professional Trader in 10 easy steps 10 Tips To Evolve Your Trading 01 Ten SecreTS of Top TraderS When it comes to forex,. If you want to make sure you don't lose more than $100 – 10% of your $100 0 trade exposure - enter your order with a stop-loss of .9785. When a trade is moving against you, you need. span. MARKETS.COM 06 (in many pairs, a pip is a 1 /100 of a penny), leverage helps you get more return from every trade. If you want to trade 10 percent of a $10, 000 account, then your committed capital