Engage in foreign exchange transactions must be recognized in the middle of things can go wrong is inevitable in order to promptly surrender when an error occurs, stop out to avoid that is a small mistake into big mistake, get bogged down with feet of clay. In fact, the role of stop loss is an error protection chao who appeared on the decision, the only way to reduce the loss, we often say that an accident can be fatal but if careful use of stop-stay out of trouble, then you can save the day.

For instance crash 87 years so many people go bankrupt if the trend was carefully analyzed, placed before the stop plate potential reversal automatic stop to leave the city, you can ride out an unprecedented catastrophe. So the trick is to place stop-how?

Stop plate must be placed in a reversal of an affordable place to confirm the city, just enough to make a real difference. Ordinary speculators, the use of stop loss, a reversal of most of the problems usually have three categories.

First, since that undefeated generals, disdain put the stop plate.

Second, the heart stops in the hands of non-stop plate.

Third, with a random amount as the stop plate.

For the first class of speculators market will sooner or later punish them, need not be discussed, of course, must not follow suit.

The second category hearts stop plate, the cause that fear unprovoked stop to leave to leave before deciding whether it should sell at a loss, Tam human weaknesses are often unwilling to admit defeat, and interim hesitant, so there is no consequence to stop the disc in advance furnishings the drop is usually lower stop plate mortar big mistake, until intolerable when it is forced to open.

As for the third category, with a certain amount as a random stop plate, it is asking for trouble when, for example a short sell gold monarch willing to accept a $ 1,000 loss and want to do three contracts, then set each dollar contract 3:05 stop plate, the most common scenario, the potential market is only continued to fall in after-hours stop hitting Mr. A gold, but a king would have been the right investment direction, because the wrong policy on the endless dead loss of departure, the correct approach, based on chart analysis as a basis for placing stop loss will stop plate placed stop plate placed on the market is bound to be reversed where this has two advantages first broke into Stop disc represents the potential reversal of the stop to leave the city is not the right investment approach broke into stop-second, showing the master still as expected development, Handicap holding hands, take a ride can continue to enjoy the win win money to make fun of.

As for how to choose the appropriate price would depend on the display stop-analysis system and set their own use, such as wave theory, morphological analysis, average, or a computer analysis system, will have different methods of calculation. All in all, we believe there is a place worth Observe the following points.

First, we must put a stop plate fixed before the market, then you can feel at ease to inspect the city's development potential.

Second, after the swing set stop plate, do not arbitrarily cancel, or in the case of failure of the stop plate back.

Third, we should pay attention to the use of [public enterprises to Mo] principle if most people are away from the stop plate display some important price to avoid a clean sweep.

Fourth, when the market in the right direction, you can stop price scheduled stop disc, follow the development trend of the city gradually adjusted to ensure that the vested interests at the same time try to earn more profits, this time, by adjusting the stop disk can be called up to make the disc, such as sell gold after gold prices, you can only make the disk gradually reduce as much as possible to earn profits and ensure remember.

Stuck with a difficult problem. After its stuck brains thinking of ways to get out of trouble, as before stuck, or do the operation before the next single strategy to deal with various situations, fully prepared. This operation is much more to take the initiative, even if the hold-up is not to panic, calm face calm disposition is much peace of mind.

Many people vulnerable to market sentiment, and actual operation. When markets are rising fast, can not withstand the temptation of profits, not the result of careful and objective analysis of the chase blindly follow the trend, soaring prices often become impulsive bull trap to lure investors to buy, so in all likelihood be the next single stuck. In the foreign exchange market, investors in order to prevent high hold, should pay attention to do the following:

1, after the rally can not buy, especially when you can not buy in the rise for a long time and then suddenly rose.

2, not after the temporary rise, particularly in the major positive news announced after the market had expected to sell.

3, can not rise for some time, the Japanese K line appears after buying high and volatile.

4, can not rise for some time, after the index on K-line trend of buying betrayal.

Good control of their emotions, calm in the face of these four market conditions. Develop the habit of independent thinking, do not be affected by the atmosphere of market optimism, do not be tempted to persuade friends around. Not a god, no matter how risk-averse you are good at, what analytical operations, as long as trading in the currency markets, will encounter many unpredictable unexpected factors, are inevitable once the quilt after quilt how to get out of trouble, how to win the game to become stuck by biggest wish.

I'm afraid drag, investment currency misjudgment difficult to prevent

1, not afraid wrong. After buying the currency market is stuck, first do not panic, calm analysis of their own to buy the dollar belongs to a historic high level, or intermediate level, or the bottom of the region.

When he found himself buying the dollar on the rise for a long period of high price, timely and decisive indemnities should sell, reduce losses. This will not only reduce their losses in the stock market in the future, but can also adjust their mentality and funds, then take the initiative. Speculative market is not afraid to make mistakes, I'm afraid knowingly refused to admit mistakes, delays luck waiting dollar rebounded, resulting in the exchange rate more or more, the loss is growing.

Meeting people know a lot of my friends are decisive indemnities to leave at a high level

2, the actual operation. Avoid greater downside risk, but how to develop stop-loss it? OK stop bit, there are several places worth considering: The dollar exchange rate fell below the 5 day moving average is located; the lower the exchange rate fell below the pre-order platform downward broken; the exchange rate fell below the base of the triangle to the pre-shock formed convergence Under Powei. Stop bits can be set in 5-day moving average is located, or the order platform, location base of the triangle.

Set up stop-loss is indeed more difficult technical problems, generally can be mechanically set their own odds recognize, such as setting down 30 points or 50 points, to decisively leave open. To survive in the foreign exchange durable, we must learn to stop in time, of the long pain as short-term pain. Funds prolonged precipitation, will affect the value of funds. In particular, a relatively high position to buy, be sure to set up a stop, once an error of judgment necessary to stop in time out, this is the most effective way to deal with high stuck.

After selling currency

3, high stop. Should wait, since sold at a high level, the dollar will have to fall for some time and fall time. Then investors should restrain themselves eager "earn back the cost of" irritable mental, patiently waiting for the next market opportunity. In fact, after the high to sell the currency, the currency fall more and more, to be thrown in that currency investors more favorable.

When larger decreases, then to previous indemnities withdraw funds from the Board once again buying the currency.Because of the exchange rate is relatively low, you can buy more quantity, once the currency to rise slightly, and soon would be able to make up for previous losses. If the currency rise, naturally a comeback. In addition through the hype to achieve rapid crosses some sort of relief is a very good method.

After judgment

4, of course, it is a high-Stop avoid bigger losses. Under the market conditions allow, the quilt currency by crosses, cross sell the currency on movements better achieve the purpose of the weak exchange strong rise if the strong currency can get out of trouble, they may even profit. Investors through the open back crosses and not necessarily the first dollar, very economical cost of the transaction, the sale of real trading, after all, the point of difference is still quite large by crosses, in fact, the two transactions were synthesized deal to do, of course, It will save transaction costs. On subsequent quilt can be the first to see there is no good crosses can be done through the analysis and if not, then consider the straight plate decisively stop.

A good grasp of the right to buy only half the battle, with the right positions is complete success. This is no speculative market everlasting rule, the foreign exchange market is no exception.

Some people with friends in the foreign exchange analysis very set, regardless of fundamentals, technicals have their own insights, but they are often unsatisfactory operating performance. One reason is the timing of closing almost always wrong, either prematurely open, did not achieve the subsequent huge profits; or that the delay in the open, so that the final market buy point back to the starting point, even stuck. Visible, a good grasp of timing is very important to open basic skills.

"High throw Law" and "sub-top positions Law"

Investors are hoping to have a method, a panacea, such as a technical analysis indicators, once index reaches a certain value, you can accurately positions. Unfortunately, however, so far no such technical indicators. In fact, if not overly pursuit of accurate, method of course there is. This issue introduces "high throw Law" and "sub-top positions Law" can do correct positions, but not the exact positions.

The so-called "high throw Act" refers to the investors to buy the currency at the time, we have given this money will be a good a profit target price. Once the exchange rate to achieve this goal, investors liquidated. In general, the use of this investment strategy investors use currency mostly combine fundamental and technical analysis, such as the golden line, the average line, shape, etc. to determine a reasonable target price, then wait for money to reach this a target price immediately liquidated.

"Sub-top positions Law" is not determined in advance to give yourself a target price, but has been the position until the second time to see if the exchange rate show signs of peaking throws. In general, investors are using this open strategy is commonly used in technical analysis to determine signs of peaking, mainly from the patterns and trends to determine the exchange rate movements. Specifically, through the double top, head and shoulders, triple top judge established mid-head, decisive positions.

The combined effect of the two laws better

Whether it is "high throw Law" or "sub-top positions Law", you can get very good investment results. Many of the world successful investors and fund managers are using one of the methods. But no matter which method is adopted, all had their own shortcomings. For the use of "high throw Law" investors, they must first master a set of national currencies where the economic fundamentals of the analysis method, the target level set by the investor will certainly be higher than its current market price. So, unless you really have its own unique in the foreign exchange market, otherwise the establishment of the target price could be more dangerous.

As for the use of investors' views of the top positions Law ", it is mainly based on the exchange rate movements to determine, not in advance to give ourselves a target price. Of course, shortcomings are obvious, which requires investors to have to invest more time and energy draining. This is why some people tirelessly studying what is "really top" and what is "off the top", so as not to be fooled.

We believe that the combination of the two methods would be better to use some of this more rational positions.When the exchange rate reaches the target price of buying at the beginning of the set, it should be liquidated immediately.Because investors in the fixed target price, always have their own reasons, and start setting the target level, generally but also more rational. When the exchange rate rising, most people's mind began to heat. To avoid mistakes, better and timely closing. Investors may open after the dollar will rise, which can only say that investor misjudgment, rather than as investors hotheaded sake. If prices continue to rise there really should have the courage to buy again, but this is yet a new action, re-set the target position rationally, rather than a list of affected before.

The capital market is a place of miracles, foreign exchange margin trading is to create such a miracle provide a sufficient condition. If you are targeted, Qierbushe, disciplined, and have a good trading system, then, this miracle might happen to you.

In the foreign exchange market, Mr. Richard Dennis said the United States can be unknown, but he started by $ 1,600 principal amount invested entirely in a personal capacity, by virtue of its unique market technical analysis judged the system and combat technology system, 16 year period will be added $ 1,600 to $ 1 billion. Miracles like this happen every year in the foreign exchange market, but the more successful keeping a low profile, not known Bale. If you carefully analyze the mysteries of these successful people, you will find there are five basic steps in the process of their success, namely, "targeted, correct idea, excellent tools, disciplined, planned science."

The first step: targeted

Do anything to be a goal, no goal, it will be lost. Corporate profit targets for years, the national GDP growth target for years and five-year development plan, as an individual but also ideal, but this ideal at different stages of life is reflected in different forms, if specific performance in the capital markets, is You should own the next month, one year, three years or five years or longer, you should get what kind of a profit target for a clear plan. This goal may not be achieved within the specified time, but also need to develop, because he is your way forward. No orientation of the target, it is impossible to implement the steps and plans. No implementation steps and programs alone make success is nonsense, mirror seen flowers, squaring the circle, is simply impossible.

For example: I would like to use $ 500 to earn $ 10 million, a lot of people sounds like the "Arabian Nights." Because the gap between the two is too large, it is impossible to achieve. Really impossible to achieve? If you use the $ 500 to enter the market, if it is 1: 200 times the margin, every day you open only a hand positions, earn 30 points every day, every $ 500 increase, the more open you first-hand positions, to 180 days, you will have millions of dollars. According to statistics, the foreign exchange market fluctuations of various currencies every day an average of more than 100 points, earn one third of every day, in theory, is not a difficult task, but in practice, it may be a lot of difficulties. If you continue to break down the difficulties, as the man on the moon project down into a concrete implementation steps, then things might have become hard very simple.

Step two: the right idea

With $ 500 in order to use $ 10 million to make the specific objectives, but how to achieve, which relates to the conceptual level. Speculative investment or by using the method, middle or short positions every day to reach the target profit of 30 points? If you can not gain 30 points that day how to do, if that day is not actually a loss how to do profit, it is 15 minutes or 60 minutes as the Wagner cycle ...... and so on should be clear after considering the overall goal clear. Only these issues to think clearly, and you will go to plan accordingly, enforce strict discipline, to find a good trading system to help you achieve this goal. Otherwise, you will be in successive profit more than $ 30 when complacency, greed rapid expansion; a loss of $ 20 that day and depressed, regardless of the characteristics or the mentality of the market situation and become freely opening transaction. These are not the right idea, it is the enemy of your success, but also the weakness of human nature for all investors. These all need the right concept to overcome.

The third step: Excellent tool

"Work on the things we must first of its profits." In forex trading process, there is not a good trading system, is key to the success of your success. Good trading system is to ensure that you achieve the fundamental goal is to ensure that the probability of winning every time you trade all tend to your side. After all, long-term stability in the foreign exchange market to profit, is to rely on the probability of winning is always greater than the probability of loss to be guaranteed.Murphy said that as 60 percent of trading profit by 40% to obtain, in the final analysis better than 60% probability of winning by 60% transaction earned reassuring.

A good trading system is to ensure the long-term and stable basis for your profit. None of this system, you will always linger at a loss, profit, and then a loss, and then endlessly profitable until the day you were expelled from the market. For example, within 100 days, if you trade 100 times, 60 times earnings, 40 times the loss, profit loss is $ 30, then after the win loss offset, your ultimate profit 20 times, a total of $ 600. If you follow this deficit to win probability keep going, 250 days a year, you'll profit 150 times, 100 times the loss of the last 50 times earnings, so from a $ 500 to $ 10 million dream may be nearly four years so although prolonged achieve your goals, but it will not hinder your goals are attained.

Step Four: discipline

Forex market too many chances, faced with such a wealth of temptation, human greed will inevitably rapid expansion. If you do not have a good sense of discipline, you'll drown in this market. Strict discipline is to ensure that you achieve your goal of conditions. The same is, why there is fighting army than ordinary people? Because they go through rigorous training, with strict discipline. If you put in front of the trading system compared to rigorous training, then rely on the system can play a role to ensure the strict discipline.

In the transaction will encounter a lot of people, obviously affect trading system in the opening or closing signal, the operator by greed or fear, according to the signal when the operation will not occur, the result is not stuck flesh. Discipline not strict, you will retreat no data, transaction loses its tricks. Imagine if all the cars on the road, do not follow the "red light stop green line" discipline operation, the road will become a slaughterhouse. Trading is no exception. If you are a disciplined person, you can stay in the market, or otherwise quit for good.

Step Five: Plan Science

Achieve $ 500 to $ 10 million goal, scientific program is very important. With the previous four steps as a guarantee that the final step is how to develop a scientific plan. The plan is how much profit point to exit point stop loss how much; if several consecutive losses, should take some time off; if the market is not a good market, whether barely transaction; one day should deal several times; the choice at night or during the day Trading; if completed the day's profit target, whether still continue trading losses, and whether this should regain ...... These are to be considered when planning clear. After the planning is complete, you will find that the transaction becomes as simple as eating and drinking, when you Jiancang no pressure, nor anxious when positions, naturally, will not open when there is fear of greed heart do Tsung. Because you know that what happened today will happen in your program, but will not exceed the outside of your plan. You just need to wait, waiting for you when the transaction reaches the 180, complete 500-10000000 US dollars dream.

This is the essence of the transaction, the mystery winner. This five-step process is a critical step in the successful winners indispensable.

As we all know, foreign investment risk. First, to determine the price of foreign exchange too many variables that will affect foreign exchange movements, so that foreign investment is full of great risks and challenges. But the risks for foreign exchange investors, not necessarily the biggest risk he faced.

Everyone will face the risk, but when the risk is really hit, some investors are already safely avoided, put down as little as possible the losses suffered, some people are often subject to big losses. Faced with this situation, we must ask about, facing the same external risk, why different investors it will be so different results?

This involves the exchange of venture capital on the other hand, that the risk from the investors themselves. It is said that the investment is large enemy actually is their own. These words makes sense. Not reasonably hedge artificially enlarge the risk, this is the biggest risk faced by investors! In fact, in a sense, the market itself is not risk market like a river, the risk is that you cross the river. Battle in the foreign exchange market investors as well. It can survive at risk of sudden, complete lies in his ability to control risk. Risk to themselves in investors' foreign exchange transactions mainly two aspects: One is the risk of financial planning, and the second is the risk of trading mentality. We guard against foreign exchange risk in investment, we should start with these two major aspects.

First, avoid blind market. Some investors never seriously studied systematically invest theoretical skills, but also without any simulation exercises, even the most basic of the basics of forex do not understand the rush to enter the currency markets, to invest, the rapid depreciation of its capital account would be the inevitable choice. So, before you fully grasp the knowledge of risk control and trading rules, then how can not be tempted into the market. There's investors do not invest their own minds, parrot, blindly follow the trend, what people buy, they would follow what to buy. Little do they know when to invest, everyone has their own opinion, everyone has their own situation, people right, it might not be appropriate.Therefore, the investment should have their own thinking, have their own ideas, can only be done with reference to the opinions of others, to use their own analysis and insight to determine exchange rate movements, and then guide their investment. Is the gradual accumulation of experience, do not blindly follow the trend, resulting in unnecessary losses, is not conducive to their growth in foreign investment in them as soon as possible.

Second, have a good psychological clearance. Technically foreign investment studious, psychological relations sad.Humanity is a weakness, trading personality of greed, fear, hesitation, resolute, courageous, prudent, herd, etc. in the foreign exchange market will be exposed. To a certain extent, the profit is the character of the transaction process you reward merit, losses in the trading process for you character defects punishment. "Deficit born lucky heart, win the heart of raw greed." So invest in a certain program is to overcome the "fear" and "greed" process. Once the investment plan, it must strictly in accordance with the Executive, the most taboo is due to greedy or lucky breach their own rules. Investors want to be successful in the foreign exchange market, it is necessary to overcome the greed and fear. Control their own psychological, and understand human nature, away from the flock, on the opposite of most people, the market you have already won half the battle. Overcome the weakness of human nature, in order to succeed.

Third, adhere to the first stop. The first lesson is not to buy currency but stop. Foreign investment, stop loss orders around forever with the most effective means of risk control. It did not stop the idea is not eligible to enter the stock market, investment in exchange three most important elements: the first is to stop, second stop, third or stop. Excellent Trader success lies not in how to analyze the market, but rather how to govern funds. In developing plans, although many of the key factors to consider, but the core issue is always the exit transactions already entered under what circumstances.Once the profit target is reached, we will of course out of the deal. More importantly, it must also have an acceptable loss plan, once the transaction is losing up to a certain extent, it should resolutely quit, fast indemnities to a small loss in exchange for the safety of funds. If the fear of suffering a small loss and refused out, sooner or later will suffer large losses. Therefore, foreign investment, we must remember, first stop, iron discipline must be implemented.

Fourth, learn to summarize improve. There are many investors lack the spirit of self-reflection in the investment, independent thinking is the first step in any successful investment. In foreign investment, we must learn to think, to ponder the first place, to rid itself of "parroting" position. Others clever after all the others, you must be thinking, get their own clever. Learning experience and knowledge of others is only a means. Learning, but provide you with material and nutrients to grow it, and put these materials and nutrients into their blood, you must learn to keep thinking.

In order to better promote thinking, we have to learn to write a diary investment, investment diary to record the contents of such aspects: First, the basic data every day, and the second is based on your analysis of the data from these analyzes and recommendations from the operation ʱ?? Third, to record their next single case. Fourth, the implementation of his orders and his reviewed. Although this is a little more boring, but if we continue down, you will become a valuable asset. Over time, it will be more worthy than you cherish your account wealth. Patience to do every operation summary, foreign investment is to be "think twice, the line and think twice." We can not expect the same opportunity to come again, but we can not in the same place a second time wrestling.

Fifth, we must learn to wait and be patient. Some investors can not wait once the market, the exchange rate will respect toward their favor movement, preferably with a substantial movement, aspirations flourishes. But the probability of this case is very small, in most cases after the stock market, the dollar seems to be with their own against the like, but why the opposite direction toward their movement. This is a challenge to investors endurance, they must operate in strict accordance with the original plan to act, and must not frequent buying and selling. Investors have a choice to learn, through a variety of investment opportunities priorities, size, and many other hot spots have measured selectively abandon small investment opportunities, in order to better grasp the greater investment opportunities. Investment market adage: "Patience is an investment." Forex investors must develop good endurance, which is often a major key to success. Many investors are not lower their analytical ability, nor is their lack of investment experience, it is a lack of patience, too early to buy or sell too early, thus incurring unnecessary losses. Investors should try to overcome their impulsiveness, waiting for a chance to peace of mind to grasp the best market access to spare bands, seek to maximize revenue.

Currency war, we have to firmly establish risk awareness, and continuously improve self-control, the ability to avoid risks, the first victory and then go to war, rather than the war first and then seek to win. In this way, we can be harvested in foreign investment.

New York foreign exchange market is not only the center of American foreign exchange business, is the world's most important international foreign exchange market, its daily trading volume of view, ranking second in the world, but also the clearing center of the global US dollar transactions.

New York foreign exchange market is the abstract of the foreign exchange market, it is through the telegraph, telephone, telex, computer terminals at home and abroad to contact, there is no fixed trading places. Participating in market activities are the Federal Reserve Bank, the major commercial banks in the foreign exchange department of the United States, foreign bank branches in the United States and the agency, foreign exchange brokers, consortium of companies and individuals. Federal Reserve Bank to perform the functions of the central bank, many have reciprocity with the National Bank provides credit, you can borrow in various currencies within certain limits, intervention in the foreign exchange market, the dollar remained stable. Largest commercial bank in New York foreign exchange market is the most active financial institutions, foreign exchange trading and payment them at home and abroad by branches and agencies.

New York foreign exchange market consists of three parts. The first is the foreign exchange market between banks and their customers, and the second is the inter-bank foreign exchange market in New York, and the third is the foreign exchange market and foreign banks in New York banks. Wherein the inter-bank foreign exchange market in New York is the most traded market, accounting for 90% of the foreign exchange market trading volume. Therefore, commercial banks play an extremely important role in forex trading, forex trading is mainly handled by the commercial banks.

In terms of business, the United States has no foreign exchange controls, any US commercial banks are free to engage in foreign exchange business.

Currency trading on the New York foreign exchange market, mainly the euro, British pound, Canadian dollar, Japanese yen and other. According to the Reserve Bank of New York to help the two data, in the New York foreign exchange market, the largest trading volume is the euro, accounting for 40%, followed by 23 percent for the yen, the pound 19%, 5% of the Canadian dollar.

New York foreign exchange market is one of the important international foreign exchange market, the daily trading volume after London. New York foreign exchange market is also an invisible market. Forex trading through modern communication and computer network conducted its monetary settlement are available through the New York area interbank clearing system and the Federal Reserve Bank payment system.

Since the United States has no exchange controls, no restrictions on foreign exchange operations, the government does not appoint a special foreign exchange bank, so almost all US banks and financial institutions may engage in foreign exchange business. But the New York foreign exchange market participants, mainly commercial banks, including Bank of America, more than 50 foreign bank branches and more than 200 correspondent banks and representative offices in New York.

Forex trading on the New York foreign exchange market is divided into three levels: Forex Trading between banks and their customers, foreign exchange transactions between banks and their foreign exchange transactions of domestic banks and foreign banks. Among them, the interbank foreign exchange trading mostly handled by the forex broker. New York foreign exchange market have eight brokers, although some specialize in certain foreign exchange trading, but most of them are also engaged in transactions in multiple currencies. Forex Brokers business without any supervision, its trading arrangements do not assume any financial responsibility, but a commission to the seller after the completion of each transaction.

New York foreign exchange market trading activity, but import and export trade-related foreign exchange trading volume is small. It is closely related to a considerable part of foreign exchange and financial futures markets. US companies in addition to financial futures and relations with the foreign exchange market, the less other foreign exchange business.

New York foreign exchange market is a totally free foreign exchange market, the exchange offer both direct quotation (referring to the pound) and use the indirect quotation (refers to the European currency and the currencies of other countries), facilitates the dollar traded in the world. Trading currencies is mainly in continental Europe, North America, Canada, Central and South America, Far East, Japan and other countries currencies.

Who profits from the foreign exchange impact on our investment? We think there are five stumbling block will eat our principal and profit in the transaction. On the road leading to profitable investment, we will face five stumbling block, this five stumbling block in different aspects of our foreign investment, no one could eat our profits or even the principal. To reach the goal of profitable investment, we have all these five stumbling block knocked to the ground.

This five stumbling block are:

The first one: the foreign exchange market itself

This is the vast majority of investors to deal with most of the time a stumbling block, but it is the least important one.Because the value of the foreign exchange market for investors, only that it provides investment opportunities. The foreign exchange market itself, is not going to be anyone accurately predict. Investors will spend most of the time and effort to predict the future trend of the market is wrong, worth the candle. To deal with the foreign exchange market, investors only need to have some basic rules, the basic trend of the market and then track it.

Second only: investors themselves

This is most investors ignored a stumbling block, and it is the most important one. Because to make trading decisions, implement trading behavior of investors themselves, study the foreign exchange market, investors are also concerned about other people itself. Resulting in profit and loss results are investors themselves, assume breakeven results also investors themselves. This is the most difficult one stumbling block.

Third: others

This is every investor can not get rid of a stumbling block, and is caused by the most troubled one. In today's information society, no one can be isolated from the outside of the crowd, it is inevitable to be influenced by other people's lives, these effects are good and bad, it was hard to distinguish. The United States has a successful investor living in the mountains away from the earth, the annual trade only a few times to make big money at the same time, America's second millionaire Buffett live in Omaha, also away from the financial center of Wall Street. But we can do so clever and strong, after all, a minority investor.

Fourth Only: Investment Decision

This is a profitable way to invest a key stumbling block. Wise and thoughtful investment decisions towards the end of our investment will win, but stupid, impulsive investment decisions will lead our investment losses and failures. In this session, investment decisions will be influenced by the previous three stumbling block by the investors to make the final decision.

Fifth Only: transactions

This is a crucial stumbling block is the final step in the way of profitable investment. Common sense, transaction behavior has been determined by the investment decision-making areas, just do the same at this stage to perform on it.But in fact, the actual transaction behavior is often independent of the investment decision, investors are a variety of reasons wanton tampering. Control this part, any part of the effort to be as much than before.

This five stumbling block must be completely tame, we can enjoy the taste of success.

In fact, the most important financial transaction is the balance between risk and profit, everyone needs the ability to determine their own risk tolerance, on this basis, then consider reasonable financial management, and finally to seek is how to maximize profit.

Of course, the biggest profit is the ultimate goal of every trader, but to achieve this goal has three simple method in which the two are able to judge with common sense out of. These two methods employed most people, but at the same time may increase the profit situation also increases the risk, so be careful to use. A third method of the hardest, but the most reasonable and should be everyone's direction.

First, increase positions

This is the simplest and most commonly used method. If the trading system of long-term return on investment is positive, that is, long-term profitability, which would be a workable solution. However, when using this method is best not to because of the increased risk positions and expand the proportion, according to the risk and increase profits after the best account in the amount corresponding increase in positions. For example, an account of the original capital of ten thousand US dollars, the risk is set to 5%, with a stop 100 points, hand positions should be 0.5. When the funds to twenty thousand US dollars, the position can be a loss to single-handedly, the risk is still 5%, using this method trader must have greater mental capacity, because there will be a loss in the transaction, and this times must be one of the biggest positions, a lot of people because of psychological problems, at this time, whether the transaction gains and losses are likely to open too early, it may sometimes be profitable to trade into a loss. If the success rate is less than 50% of the trading system, should no longer be considered substantially increase positions method, because it might just increase the risk, increasing the deficit without increasing profitability.

Second, increase the number of transactions

Increase the number of transactions could theoretically increase profits, of course, the premise is a high success rate of the system. There are many people like to use ultra short-term way transaction, the transaction is very frequent, and sometimes the system can indeed make money, but relatively high transaction costs, because each transaction at least be a little difference. Brokers standing position'd welcome more transactions, because they will earn more, but they also need the rebate to their agents (IB), some irresponsible IB is to encourage customers to do more short-term, and sometimes their rebate even popcorn seed money more than the customer, so some brokers had to reject "scalping" (ultra short-term Scalping) and Exchange Act, and excessive trading also tends to paralyze the server, this kind of increase in the number of transactions is not this article within the scope.

Suppose there are two trading systems, a special trading gap (Gap), and another special transaction escape (Runaway) (upward of one, but the price gap and did not make up the gap back to the original and the upward direction development of). Suppose two systems of reward / risk ratio is 2: 1, gapped system can trade five times a day, but the escape system to deal five times a month, we can quickly conclude that the system is definitely better than the long-term upward escape system earn several times more money. This is of course an extreme example, but it shows that if other conditions are the same, the number of transactions and more systems than the number of transactions in the system less earn more money.

Increase the number of transactions also implies the need for more time, so sooner or later some people consider using automated trading systems.

Third, to find a better reward / risk ratio of transaction

Better than the above two methods is only trading high reward / risk ratio of opportunities, trading only 2: 1 or even 3: 1 or more opportunities. This trading method first requires adequate technical, the second must be willing to give up, not when you want to deeply understand the transaction and equally important when the transaction, the third to have enough patience.

By contrarian trading laws generally stop relatively small, then use the Fibonacci numbers, etc. Odd estimated earnings targets, if they can achieve the desired return / risk ratio to do alone, or to give up, but may have some pretty good opportunities , then you can also consider implementing. Usually this opportunity will take time, and not at any time, so have enough patience.

This approach is clearly better than the two methods, but also expanded the profit, while reducing the risk, and do not need a long stay in a computer before, but unfortunately, not everyone has the ability to use this method.

Many people want to get rich in the financial markets, which led to frequent back to do a single, and frequently do a single, direct cause of the loss is the professionals - the number of stops too much. Without loss of professional people frequently do not single, but I do not know open positions and stop-loss caused. To add that stop-loss orders, but also constitute the entire transaction, a successful stop, to avoid the possible risk, this list is a success, we must make money is not to say that the success of the list.

And frequently do one, is the "art" direct cause of the loss of people, how to avoid such a situation? Actually very simple, every day in Europe to do a disk tray US market, big money generally only push round. After taking to the target.While the back of the stock market is not a slight adjustment was a substantial adjustment. You see that day is not yet.Therefore, the following special provisions of Article 11. It can be said that the real earnings of things need to be added after Article 11 of the Code. Finally, and constantly improve the other 12, though equally important, but are listed in the following order according to the system. It can be used as short-term criteria.

1, the trend is not clear not play.

2, in a large channel to do homeopathy alone.

3, a small trend support and pressure to find a place close to entry points.

4, opening at changing trends, must comply with 123 rules.

5, always have to set the stop loss, stop-loss can not exceed the width of the channel would not do more than a single.

6, profit and loss ratio must be greater than 2: 1.

7, in the single bottom (top), double bottom (top), three bottom (top) established at the list.

8, each 5% stop after opening losses exceed the funds can not be opening.

9, according to market relations valley trailing stop line.

10, a major thoroughfare in the border initiative earnings only half positions.

11, Europe and the Americas disc tray each doing a single (or a round). If the stop, according to three backhand, also only a single (or a round).

12, does not hold a single through the week.

Containing indicators.

Currency pairs: EUR / USD, GBP / USD

Time: 15 minutes

Currency pairs: USD / JPY, USD / CHF, AUD / USD

Forex market can do more can be short, you can access dozens of times that day, and it is difficult to be manipulated by the dealer, especially suitable short-term traders. For the real exchange ultra short-term traders, trading is not a zero-sum game, where the land is gold everywhere Jieyou opportunity to make a fortune, for traders with cheap, they are engaged in the world's best job, they In lower risk situations, making the other sectors beyond the dreams of people profits.

Short-term traders have also a skill. Forex investors want to profit from the short-term trading, foreign exchange speculation need to have some skills. Short term trading relies entirely on the mental, emotional and feel. If investors thought today can do, then do it. Then the next foreign exchange through financial investment in training small series just like to share forex trading very short-term trick there?

First, I want to be happy. If you think short-term trading is not simple, it is painful, do not do it. The so-called short-term trading is the shortest day of trading, the day into day out, did not miss the night. Long-held position long nerve-racking, but short-term trading night, sleep peacefully at night. Because the holding time is short, time is too short to worry about. The purpose in seeking to stimulate short-term trading to find happiness, no small achievement this purpose, do not try ...

Second, some knowledge of technical analysis, three and ability, seven by feel. Little emphasis on the word, learning to understand too much, you can go to when formal technical analyst, and what need do short-term self? School half a day you can learn to repair taps, just learn one day technical analysis can be done short-term. That what you want to learn? 30 minutes chart, will draw the trend line, will use very short-term average, the case only. The other is to look at market indices, listen fundamental news, the feel engaged.

Third, there must be high school level mathematics. Aware of the factors in winning probability short-term trading. In fact, he says the probability of secondary level it is nice, maybe never had this little problem of people know arithmetic.After the short-term trading Jincang situation rise or fall, usually half and half. That short-term trading what surplus it? So that when the surplus earned one yuan, lose pay 0.5 yuan .100 second time, the surplus 50 times, lost 50 times, lost 50 times to pay 25 yuan, the final total to earn 25 yuan. This is a short-term trading in the only wins count, the other party no good way to my heart. So after entering, the direction of the run about to let it go in order to reach the target; the wrong direction at once psychological considerations played no room for fate.

Fourth, the large situation is wrong, regardless of the length of time, no deal. When the situation is right, the odds will be higher than in the preceding 50 pairs 50 many. The situation does not like riding a clever for their own short-term trading will take a long vacation, no need to struggle with the potential, and there is likely to lead to casualties. What is the situation wrong? That is, if the continuous opening are lost, it is certainly their own state there is a problem, short-term traders have to give yourself a few days off, adjust their mentality.

Fifth, the short-term trading is not every day the transaction. Do short-term traders who called on, but not day trading.If you make a deal today, do not expect to re-entering the $ 500 to earn $ 500 tomorrow. The benefits of short-term trading is as if their own business, you can choose which day to do one day do. You do not choose the Fed to announce that do not rise up short-term interest to do that day, the day that is the theater of the day. Short term trading relies entirely on the mental, emotional, feeling. You must determine your day in a good mood, can concentrate undisturbed trading; at the same time, you have today, the market will have a strong feeling fluctuations can make money. What short-term transactions do take it as a career, studying one to two common currency fluctuations, the election to the "auspicious", I thought today can do, open the door to do it.

How foreign currency deposit most cost-effective? This is a lot of people want to know, although the exchange rate risk, but compared with the RMB, foreign currency deposit interest rate is floating. This is for those who need to hold a certain amount of foreign currency, the mastery of basic skills are very important.

Skills I: Follow Bank's latest promotions

Currently, according to the relevant provisions of the central bank's foreign currency deposit rates, banks for multi-currency fixed deposit interest rates have great discretion, the upper limit of the central bank in the regulations, banks are free to determine the short-term foreign currency time deposits and 2 year Small interest rate of foreign currency deposits.For the needs of their own business development, different banks in the same currency savings interest rate disparity, many banks will launch various promotions from time to time. As in September 2011, the interest rate one-year deposits in Chinese banks, the Australian dollar interest rate of only 1.5%, while the money in foreign banks, will get four times as much income. HSBC launched a Australian one-year deposit interest rate of up to 7.4% of financial products, Standard Chartered Bank Australian one-year deposit interest rate as high as 6.7%, Hang Seng Bank, the Australian dollar one-month deposit interest rate was 6.5%.

Skills II: Stay current market dynamics

As foreign currency deposit rates are generally influenced by the international financial markets, the stability is poor, more frequent changes in interest rates and volatile ups and downs, so more need to pay close attention to depositors, timely adjustment must not be like after RMB savings deposit into the general sit back and relax ʱ??

Skills III: with cash, cash accounts

Currently foreign currency savings accounts in accordance with the nature of classification, foreign currency deposits can be divided into "cash account" and "cash accounts." General depositors receive remittance, it is best to direct deposit cash accounts, when you need cash, then how much to take, can not easily be "cash account" money into "cash account", because "cash account "Whether it is remitted abroad or exchange renminbi, line managers need to charge a fee for a certain amount, and the" cash account "generally do not charge less charge fees.

Four Skills: "double currency deposits" to avoid

"Dual currency deposits" is a personal foreign exchange trading derivative products, foreign exchange savings options structure contains a client based on the designated foreign exchange banks offer. Although the product allows the depositor to achieve higher than the average deposit interest income, but depositors should bear the due date of the implementation of the two sides agreed in advance the price of the original deposit currency is converted into risk-linked currencies, and therefore, its risk than the general Savings to be high, the average user should be avoided.

Many novices do not do major reason money management and risk management of the principles of operation of the market without understanding. Simply do not know what to say in the end. So it should be easy to explain the currency in the end is how it works. Foreign exchange market is the world's largest financial market. Principle of operation of the market with the principles of operation of other financial markets are basically the same. In the market bullish, is not optimistic about the two sides do business in a certain range.

According to a recent example of actual trading. For example, before the euro zone 1.3300-1.3480 hovering doing business. The main reason for the activities of currency options with a large formation of these wandering regions have a close relationship. That 1.3250-1.3300 and 1.3480-1.3530 euro zone has a large area sits options to protect those areas.Technical analysis of the people in this region called support and resistance areas, experts will say the sale of the hands of large option sits areas. Whatever we have to respect the existence of the market. That is, in the vicinity of 1.3300 euro to buy, sell near 1.3480 euro should be in line with one of the trading market operation.

Because that's what the market do, we do with them. The problem is that these options have the timing or hovering area and will not for a long time in there. At the same time unpredictable factor would come in at any time of messages, at any time will destroy the existing wandering area, balance area. Changes is eternal, the balance is temporary. One of the euro zone lingered, 1.3300 to break through, and under normal circumstances, when a lot of options will occur in the market, spot trading in the big move. Usually do business in the area, when hovering, spot trading has its own hand, stop, stop turning point.

Generally do not leave the area of ​​extreme hovering 50 points. and so. 1.3300 to break, these promising positions Euro spot should stop or stop rotation. For professionals 1.3300-1.3250 area should have a rotation stopper. As a result, the balance of power could have become one-sided force. Tendency to form one-sided, unilateral city. Great changes have taken place in the options market. In order to hedge the option near the 1.3300 bullish euro, those banks to sell a lot of cash euro to hedge their options to ensure that will not lose money.

It is generally break after wandering Pacific market is very fast, completely one-sided market. It is for this reason.Those wandering area after breakthrough, the minimum length of unilateral market square would win their hands full distribution warehouse, with each other to find a balance of power so far. Target minimum amplitude trend running about with almost hovering area. That is the minimum target 1.3100. Long-term, medium-term, short-term steps are the same. Of course, to 1.3100, then look at how the operation of the market situation.

Those wandering area destroyed city after unilateral action, called the trend. Wandering in the market area was destroyed after trading with the trend is another market operation accord. Because the market is supposed to work, and we keep. That is, in principle foreign exchange trading in line with market operation only two. First, after the break with the trend hovering zone, second zone at both ends of wandering trading. This is the simple principle of the foreign exchange market is in the end how it works. Why have lingered area, why there is a tendency of principle. Of course, this does not guarantee that we'll continue to break through in the direction of a breakthrough after wandering area. However, the opportunity to break through in the direction of the big. So we were going to break through in the direction wagered large surface. The market is always a chance things are not so big problem.