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Forex AutoMoney is a Forex trading system which works mainly by delivering Forex trading
signals, also known as indicators, which tell you which currency pair to trade. In other words,
it takes the mystery away from Forex trading, thus leveling the playing field and giving everybody
a chance to profit from this great opportunity. Get the details here:http://preview.tinyurl.com/78def7o

 

 
 
Tags:  what is forex  about forex  forex trading  forex  what is forex trading  currency trading  fx trading  fx forex  forex factoryforex currency trading  forex system  forextrading  trade forex  forex broker  forex trader  forex signal  forex trading forex 
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Published:  January 07, 2012
 
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Slide 1: ==== ==== This Weird Trick They Want To Keep Away From You: http://preview.tinyurl.com/78def7o ==== ==== Don't mix with Forex Automoney forecasts of any other trading technique- A common mistake that trader do, is combining with the Forex Automoney forecasts other trading techniques' forecasts. When doing so, you actually don't trade by any of the techniques' recommendations, you combining the two techniques' recommendations and trade by what seems to you as best at a certain point. The trading results are not relevant to any of the individual techniques, there is no systematic way to conclude when and how you open positions, it causes traders not be able to have one clear trading method, no trading system, and losing money fast. Follow exactly the Forex Automoney forecast, without any interpretation - it is imperative to follow exactly the Buy/ Sell signals at the points that were given to you. If you told to take profit on a certain price, don't take profit before that, the same regards stop loss, don't close the position before it reaches the price that were given to you. The main reason for that is the statistic the Forex Automoney has, the platform can't be right on any forecast it provides, there are positions that will end up with losing money. The key element is that in average of the successful positions and the ratio between how many pips successful positions make, and how many pips you lose with unsuccessful positions, you have a positive balance, and this is what counts. If a trader won't take the whole profit for some of the positions which were recommended by Forex Automoney, the wholes trading statistic that the Forex Automoney calibrates by would shatter into little pieces. Use leverage which won't clear your account when having a bad position, some brokers gives to their accounts holders the possibility to trade in the Forex market on $100,000 when the required deposit is just $100. This is almost a sure recipe to lose a lot of money, using Forex Automoney or not, a trader should never take this kind of leverage. Using leverages like this means that if the market goes to wrong way, the position will be closed after only 10 pips. Use constant leverage on all the positions you take, this rule apply when using any trading system. Frequent changes in the leverage will result in loss of money. The reason is basically the portion between successful positions and unsuccessful positions might not be the same to all different leverage positions. Although Forex Automoney promises their clients in providing a quality forecast, it is still not guarantee that quality forecast is the only thing needed for having profit in the Forex market. A trader should be aware on the above mistakes, the combination of Forex Automoney and the above rules gives a trader better chance of having successful trading experience. For more information you can visit at: http://www.forexautomoney-review.com.
Slide 2: Michael Kahiri MBA In Finance and Trading strategies, day trader and a huge experience in financial services evaluation and compression. Article Source: http://EzineArticles.com/?expert=Michael_Kahiri ==== ==== This Weird Trick They Want To Keep Away From You: http://preview.tinyurl.com/78def7o ==== ====

   
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