Newcomers four moves on the road to speculate in foreign exchange

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The volatility of the cashback forex bestforexrebate market, sometimes even many senior foreign exchange trader can What is forex rebate understand the newcomers ready to start speculat Whatisforexrebateg in foreign exchange, although theoretically may have been prepared, but really into the actual foreign exchange market, will find the word "risk", it seems not forexrebatenetwork simple as the book said Newcomers to speculation Foreign exchange move 1: make good use of financial budget, remember not to use the necessary funds for capital want to become a successful speculator in foreign exchange, the first to have sufficient investment capital, such as losses generated, but also not to affect life, remember not to use life funds as the capital of the transaction capital pressure is too great, will mislead your investment strategy, increasing the risk of trading, and lead to greater error Novice speculation in foreign exchange move 2: make good use of stop-loss orders to reduce risk When you do trade at the same time, should establish a tolerable range of losses, make good use of stop-loss trading, in order not to appear huge losses loss range according to the account capital situation, the best set in the account total 3-10%, when the amount of loss has reached your tolerance limit, do not look for excuses to try to throw in the towel, should immediately close the position Novice speculative foreign exchange move 3: learn to thoroughly implement the trading strategy, do not Looking for excuses to overturn the original decision trading the biggest fatal wound is when you (in the loss has been expanded when) began to find excuses not to admit losses to close positions, thinking that the market may turn back in a flash in your continued this thought, will not have the heart to end this loss continues to expand the position, and will only lose their minds waiting for the market to turn back Please remember a simple rule: do not let the risk exceed the original set tolerable range. Once the loss has reached the original set limit, do not hesitate to close the position immediately Novice speculation in foreign exchange No. 4: operate with the trend, do not act against the trend to remember the ancient rules of the market: loss parts, to terminate as soon as possible; profit parts, can hold for as long as possible, put for as long as possible

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