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Richard Henry's Blog (21)

Importance of rational expectations in Forexmarket

There are lots of people who make the small profit in Forex. If you look at the professionals, you will find that all of them are making profit consistently. They may have losses in their trades but when they are ending their trades they have profit. This is called consistent profit and you also need to do that with your trades. You cannot make money if you try to make the big profit in your trades. This article will tell you why do you need you make the small profit in Forex. When the…

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Added by Richard Henry on February 9, 2018 at 9:01am — No Comments

Focus on one trade at a time

There are many reasons why tars lost their money in the market. One of the reasons is they focus on too many trades at a time. If you look at the trades of successful traders and successful professional traders, you will find one thing that is common in them. They are focusing on one important trade one at a time. When we are busy with our trades and think that we need to shift our focus on all of the trades to make our profit, they place only one trades and focus all of their importance on…

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Added by Richard Henry on January 29, 2018 at 6:08am — No Comments

How to Choose the Best Social Trading Platform

When you think of a social community, the idea of a group of people with different ideas but the same interest comes to mind. This notion extends to social trading that revolves around the concept of interaction to achieve knowledge and growth in the trading world. Social trading utilizes collective wisdom to give inexperienced traders the information they need to make smart investment decisions while trading.

Social trading platforms are integral in providing tools that help in…

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Added by Richard Henry on January 11, 2018 at 9:01am — No Comments

Dealing with the currency pairs in Forex market

Trading in Forex is like trading in an investment market where other traders are placing their trades and if you are successful with your strategy, you will get out of the market with money. Most of the people think they cannot make their profit in Forex when they are trading with currency pairs for the first time. It is natural for them as they do not know how to analyze the market, read the chart and they lose their money. When you are trading initially in Forex with currency pairs, there…

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Added by Richard Henry on December 28, 2017 at 8:40am — No Comments

Importance having a strong knowledge of Forex

Most traders do not have the basic of Forex trading in their career. Many of the people who have come to trade the market has followed their masters or they want to make money, they have no training in this market and they do not know how the trend of the market can give them money. All of these traders want to make money but they lose their investment as they do not have the basic knowledge of market trading. If you are a trader in Forex and you want to make the profit, the first thing that…

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Added by Richard Henry on December 14, 2017 at 2:03am — No Comments

Should traders follow the Forex masters strategy?

When traders are following the strategy of Forex masters, many traders think that they should not follow these strategies. These strategies are made and worked up by the professionals. You cannot expect to make a profit when you are trading in Forex with another strategy. Though these professional traders have been in this market for trading along time, it does not mean you can trade the market for their strategy. A lot of people are in confusion if they should use the strategies simply made…

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Added by Richard Henry on December 5, 2017 at 5:40am — No Comments

How to select the best social trading platform

In the Forex market, there are certain decisions which are extremely hard to decide and one of the hardest decisions is to select the best trading platform. Let us focus on the Forex social trading it is when the successful traders and the naïve traders interact with one another to achieve trading goals. So, as we discussed before the hardest decision is to select the best social trading platform Forexyet there are many traders who have selected it by analyzing perfectly. Through the online…

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Added by Richard Henry on November 15, 2017 at 4:15am — No Comments

The perfect way of getting fully invested in Forex market

People who are trading in Forex are losing money and there is no way you can stop them from investing in Forex. If you think that losing your money is the only way to make money, you are wrong. There are a lot of traders in Forex who have lost their investment and they have come back again in Forex trading with more investment. This is an investment market and many people are giving money to the professionals. These professionals can double your investments and it is a good way to earn money…

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Added by Richard Henry on November 10, 2017 at 8:33am — No Comments

L'importanza dei modelli di grafico nel Trading delle criptovalute

Il trading con criptovalute è diventato l'ultima tendenza del mondo del cambio valuta e di altre forme di trading. L'approccio decentralizzato e fiscale delle criptovalute le ha rese globalmente accettate da miriadi di trader esperti e con esperienza. Sono inoltre preferite da molte persone per la sicurezza e l'anonimato forniti dal relativo database di blockchain dove i registri delle transazioni vengono memorizzati in modo permanente in diverse posizioni.

I modelli dei grafici sono…

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Added by Richard Henry on October 19, 2017 at 4:30am — No Comments

Why you should use trailing stop loss

Trading is an art and not many traders can succeed in trading the financial instrument. Majority of the traders are struggling hard to make profit consistently. In fact, 95 % of the traders are losing money. Most of them are losing money due to lack of their trading knowledge and confidence. If you look at the professional traders in Australia then you will notice that most of them are using advance money management technique to save themselves from the trading loss. You might find it really…

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Added by Richard Henry on October 13, 2017 at 4:09am — No Comments

Selecting your online broker for full-time trading

Trading in Forex and your success of your Forex career depends largely on your broker. In this article, we are going to tell you why you should very carefully choose an online broker and how to select your broker. Remember you broker will always have a charge whenever you place a trade on the market and it is very important that you select the broker who charges the minimum fee with a good reputation. If you try to open a Forex account who has a very high charge but a very good reputation,…

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Added by Richard Henry on September 20, 2017 at 8:36am — No Comments

5 einfache Schritte, die Sie befolgen sollten, um zu einem erfolgreichen Trader zu werden

Es ist in dieser Welt sehr schwer, zu einem erfolgreichen Menschen zu werden. Sie mögen vielleicht den ganzen Tag lang arbeiten, aber trotzdem niemals das Gesicht des Erfolges sehen. Erfolg ist etwas, das einem hohen Niveau an Disziplin, Hingabe und Engagement bedarf. Wenn Sie irgendeines dieser Kriterien verfehlen, werden Sie in dieser Welt nie Erfolg haben. Der Devisenhandel ist nun der Traum vieler Leute, da er den Tradern ein hohes Maß an Gewinnen bietet. Es gibt einige sachkundige…

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Added by Richard Henry on August 28, 2017 at 9:11am — No Comments

Guida passo passo per l'estrazione di Bitcoin

I Bitcoin sono una criptovaluta popolare, che sta girando molto nei mercati finanziari online. È una valuta virtuale, con la stessa capacità di acquisto e vendita delle monete tradizionali. Tuttavia, il rilascio di una nuova valuta per i Bitcoin comporta un processo chiamato estrazione. L'estrazione si riferisce al processo di verifica di altre transazioni Bitcoin. L'estrazione è un elemento fondamentale nell'economia…

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Added by Richard Henry on August 25, 2017 at 3:17am — No Comments

A brief comparison between simple and complex trading system

Developing a strategy is what all the traders agree at the initial stage in Forex industry. But whether they will use a simple strategy or follow a complex strategy is where this trader gets divided. In our article, we are going to discuss what strategy is best for the market. Though it depends on the traders and every trader has got their own style in the market, you can still make money if your strategy is simple also. But having or using a complex strategy does not give you the certainty…

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Added by Richard Henry on August 14, 2017 at 11:39am — No Comments

Why most novice traders fails in the forex market

Trading the financial instrument is one of the most complex tasks in the world. Every single day the number of retail traders in the financial market is increasing at an exponential rate due to its extreme level of profit potential. If you look at the professionalSingaporean traders then you will notice that most of them are making a decent profit in every single month. But in order to make a consistent profit, you must have a very clear understanding of the basic of the forex market. If you…

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Added by Richard Henry on July 31, 2017 at 10:25am — No Comments

Rising popularity of trading though smartphones

The modern world is now the age of computer and smartphone. All of the electronic devices we use now a day, the smartphone is the most popular and widely used device. All companies are trying to focus on the development of smartphone and tech giants like Samsung and Sony have their own research centers for advancing the smartphone technology. It does not surprise the traders in the market that their favorite trading platform is now being offered on their respective app store. If you are not…

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Added by Richard Henry on July 14, 2017 at 8:36am — No Comments

You can't be right every time in Forex

There is one thing that separates the great athletes from the average athletes. They have the mentality to accept a loss in the race. If you have seen any Olympic, you will see that there are times when the player stopped racing and helped a fellow racer to complete the race. They have already lost their position in the racing because they have stopped in their running, they will not win any medal in the Olympic which comes in every 4 years. They have won the heart of the millions of viewers…

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Added by Richard Henry on June 30, 2017 at 9:08am — No Comments

A clear overview of the most traded candlestick pattern in the forex market

Understanding the Japanese candlestick pattern is very complicated for the new traders. You have to know the meaning of each pattern in the candlestick chart. Not only that, you also have to understand the single candlestick analysis, double candlestick analysis, and the triple candlestick analysis. There are many important things that you need to keep in mind to analyze the market with the candlestick pattern. In this article, we will give you simple meanings of all the Japanese patterns…

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Added by Richard Henry on April 28, 2017 at 11:29am — No Comments

Top three things that you consider trading as full-time profession

Trading the financial instrument is an art and requires simple but perfect knowledge of the financial industry. There is a strong reason behind the rising popularity of the forex trading. Unlike any other business if you truly know how to trade the live assets in the market than you sky will be the limit for your potential earnings. The forex market has ample of things to offer to the right candidate and similarly if you trade the financial instrument without having a  proper knowledge of…

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Added by Richard Henry on February 20, 2017 at 3:18am — No Comments

Top 4 Secrets to Choose the Right Forex Broker

The foreign exchange market or the forex market is the biggest financial market because of its liquidity and regular turn over. Every day, more than 4 trillion dollars are traded here on a daily basis. This is the reason that the foreign exchange market is the largest global financial market. It is larger than the stock or the future market. Every day, more and more people are trading here in an attempt to earn some more money. Trading in this market is risky, as you can lose your real…

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Added by Richard Henry on December 14, 2016 at 7:12am — No Comments

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