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Hai everyone..The reason I start this blog is just to share with all of you out there about my trades...I hope you all have the same mindset like me...positive, discipline & cool during trading ...I've just opened a real account early April '09 ...just a small capital.....start from USD500...it's the only amount that I'm willing to spend for this forex matter....
Ok.. for the start I wanna share my live....mmmmm not live but recorded live trading sesion from my past few weeks experience..hhmmmmm quit horrible man...when the 1st time I wanna enter the market, when it just negative 10-20 pips I started tosweat......hehehe....after make my 4th withdrawal these recent days my account equity now is at USD7,634.00...and it's still increasing.....mmmmm it's cool right.....You can view my statement here.... I'm willing to share it with you....I've opened a real account at www.FxPro.comIf you wanna know more about how it's work, please register through form below...only registered member that I will entertain ok...REGISTRATION IS STILL FREE..!!Money Management & Trading habitsMaximum 5% risk per pair.Your risk to profit ratio has to be minimum 1:2. That means if you are taking a 5% risk on a trade make sure your profit target would be at least 10%. Always have realistic targets.More trades you take the more you expose your account for losses. No trader in this world can profit from every single market move.
Patience plays a big part in trading. Take the trades only if you are at least 90% sure of profiting from it. If you are not sure stay away from the trade. Staying on the sideline is as good as winning.Always have a trading strategy …make a habit to stick to it doesn’t matter how desperate you are. Always trust your strategy but not bloomberg or some statement from bankers.Your charts are your forex 'GURU'. Everything what you need to know about forex is on your charts. You will learn something new everyday from your charts.Specialize in one or two pairs. Every single pair has it’s own characteristics. No two pairs are the same. Don’t trade all the pairs your broker can offer. If you specialize in one or two pairs very soon you will be able to read the pair like a road map. Stay away from the ranging markets.Enjoy your trades yaaaa...wish you all a SUCCESS & PROFITABLE tradesMY "LIVE" TRADES VIDEO18th June '0915th June '098th June '09Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. All Technical Analysis and resulting conclusions and observations are based upon historical chart formations and patterns. Therefore, observations are a function of each analyst’s interpretation of the charts. What has happened 75% of the times in the past per a particular chart pattern does not mean it will always recur in the future. It logically follows that historical precedent does not guarantee future results. Conclusions expressed in the technical analysis section are personal opinions of the analysts. 
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