Sunday, October 10, 2010
How To Protect Profit
Labels: Forex Articles |
Protecting Profit Already Provided
Profit!
This is the word you want is always there in our minds, when we are trading in Forex, index, or commodities, especially gold, which soared in value continues to rise.
Yes always strings attached.
In the world of pertradingan (if first world martial) profit and loss is a consequence that we must accept and that's just normal. But that does not mean pasarlah mechanism that determines our fate, of course, we want to maximize our investment accounts trading thus generate optimal profits.
Actually I will discuss about one of the trading techniques that focus on risk management. Perhaps the fellow never experienced this. That is profit that has been there in plain sight, lost instantly. It's the take profit that has been installed less 1 point aja and prices back away. Well how mna way around this?Some traders use 2 or more open positions at the same level. Lho kok? That question, which first appeared when I was in love knows about this technique. Let this clear case in point.
Example.Taking the two open positions Buy EUR / USD at 1.3700 level. The first position using 30 pips Take Profit and Stop Loss 60 pips. The position of the two uses 60pip Stop Loss and Take Profit without installing. When prices are on the Take Profit is the first we had a profit of 30. Stop Loss and immediately change the position of second in the Open Positions of price change to 1.3700 Stop Loss and Take Profit ran mengituti let the trend is happening. And if prices continue to rise then we can also increase the difference Stop Loss with 30 points from running price. So what if prices go back down we can still profit. We, too, could do with more than 2 open positions at once but the risk also increases.The disadvantage of this method is that if the two existing Open Position on Stop Loss that we have set previously. Of course this does not always relevant to be applied to all trading system. So we must always analyze and evaluate the trading system that we use for our results can be optimized.
Tip: Play with the trend and be careful of the news. Because it will happen a lot of speculation that led to unusual price fluctuations. We can install a trap when it will be ad news 15 minutes before the news release. This, too, we can not guarantee profit. But if only 20-30 pips can try. However, if the payroll strength can be 100 pips.
Profit!
This is the word you want is always there in our minds, when we are trading in Forex, index, or commodities, especially gold, which soared in value continues to rise.
Yes always strings attached.
In the world of pertradingan (if first world martial) profit and loss is a consequence that we must accept and that's just normal. But that does not mean pasarlah mechanism that determines our fate, of course, we want to maximize our investment accounts trading thus generate optimal profits.
Actually I will discuss about one of the trading techniques that focus on risk management. Perhaps the fellow never experienced this. That is profit that has been there in plain sight, lost instantly. It's the take profit that has been installed less 1 point aja and prices back away. Well how mna way around this?Some traders use 2 or more open positions at the same level. Lho kok? That question, which first appeared when I was in love knows about this technique. Let this clear case in point.
Example.Taking the two open positions Buy EUR / USD at 1.3700 level. The first position using 30 pips Take Profit and Stop Loss 60 pips. The position of the two uses 60pip Stop Loss and Take Profit without installing. When prices are on the Take Profit is the first we had a profit of 30. Stop Loss and immediately change the position of second in the Open Positions of price change to 1.3700 Stop Loss and Take Profit ran mengituti let the trend is happening. And if prices continue to rise then we can also increase the difference Stop Loss with 30 points from running price. So what if prices go back down we can still profit. We, too, could do with more than 2 open positions at once but the risk also increases.The disadvantage of this method is that if the two existing Open Position on Stop Loss that we have set previously. Of course this does not always relevant to be applied to all trading system. So we must always analyze and evaluate the trading system that we use for our results can be optimized.
Tip: Play with the trend and be careful of the news. Because it will happen a lot of speculation that led to unusual price fluctuations. We can install a trap when it will be ad news 15 minutes before the news release. This, too, we can not guarantee profit. But if only 20-30 pips can try. However, if the payroll strength can be 100 pips.
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