This article is deliberately written to fellow traders who suffered losses and failures when playing in the forex market due to the market turmoil that is not necessarily or fairly difficult to predict . One of these predictions will be the main focus of this article .
Once you open a position either buy / sell , then a few minutes went by changing hours , but the condition got worse because it turns the opposite direction of the market with your predictions so that there is a loss . The cause of the loss is caused by many factors such as lack of technical analysis , fundamental analysis , and that is not accurate and synchronization of your indicators .
From the illustration, it is expected that novice traders to put money management because the signal used is still weak . If you are managing a portfolio of more wisely , mistakes when predicting , not a fatal threat . But otherwise if you use the signal was relatively weak and you force yourself using progressive ratio money management can be fatal . So I hope that beginner traders or who have not been able to keep out of the forex market movements , to understand and be able to avoid potential losses that may arise due to lack of knowledge of the stages that need to be studied . In this article I will only discuss the basic theories necessary for you to understand .
1 . Gambling together with Forex
Once you open a position either buy / sell , then a few minutes went by changing hours , but the condition got worse because it turns the opposite direction of the market with your predictions so that there is a loss . The cause of the loss is caused by many factors such as lack of technical analysis , fundamental analysis , and that is not accurate and synchronization of your indicators .
From the illustration, it is expected that novice traders to put money management because the signal used is still weak . If you are managing a portfolio of more wisely , mistakes when predicting , not a fatal threat . But otherwise if you use the signal was relatively weak and you force yourself using progressive ratio money management can be fatal . So I hope that beginner traders or who have not been able to keep out of the forex market movements , to understand and be able to avoid potential losses that may arise due to lack of knowledge of the stages that need to be studied . In this article I will only discuss the basic theories necessary for you to understand .
1 . Gambling together with Forex
Many lay people think that forex is Money Game , or better known as HYIP . If you have a thought like that , you better throw away , because forex is not like you think. The movement in the forex market can actually be predicted using several methods , although these methods are not always correct in whole or 100 % accurate , but it could .
For common people , forex directly concluded with gambling , money game , or HYIP . If it turns out your thoughts thus stay away from forex , forex mindset is wrong , will plunge yourself . The stigma is there in your mind about forex is wrong . Every movement in forex can actually be predicted using methods . Although in the field each method has drawbacks , but overall the forex market patterns over and over again . Methods to detect the pattern of the forex market in order to assist you in analyzing a movement in forex is Fundamental Analysis ( based on economic events , political and other news ) , or you can use Technical Analysis ( based on mathematical calculations ) , where forex is legal under the law , therefore, there are several major financial institutions and other agencies involved in the world of forex trading .
2. Trading forex unlawful religion (Islam)
I emphasize that forex does not violate the religious law of Islam. Because it is clear that many brokers are currently exempt interest expense called overnight. To get this facility, a trader simply provide identity stating themselves as Muslim ID Card, Driving License, or Passport. point number 2 above I accidentally first priority, which dismissed rumors to assume that the forex contrary to the laws of religion, especially Islam, if you still have doubts about point number 2 above, please download the MUI (Majelis Ulama Indonesia) Fatwa discuss about forex here.
Forex has several stages that have been discussed in the article entitled Stages A Trader. The article I consider to have the same role with the other elements of the forex, because the stages are explained about the stages of a trader before reaching to the next stage.
Forex has several stages that have been discussed in the article entitled Stages A Trader. The article I consider to have the same role with the other elements of the forex, because the stages are explained about the stages of a trader before reaching to the next stage.
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We love the world of forex. Sharing information about forex is our way of showing happiness. Therefore we made a "Campus of FOREX" as a portal to learn forex.
Forex is not something to fear, but fear when you are not able to control yourself in the forex or whatever. When profit in forex it becomes your personal responsibility, and when you lose in forex it also becomes your personal responsibility. Forex simply as a facility to achieve financial freedom, no more no less. Forex is a place to think realistically.
Being successful in forex, it means you are committed to establish a disciplined and thoughtful character. Forex may be the best mirror of your true character. Forex is just forex.
Happy reading.
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