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Hai everyoneI 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....after make my 4th withdrawal these recent days my account equity is still increasing.....mmmmm it's cool right.....You can view my statement here.... I'm willing to share it with you....REGISTRATION IS STILL FREE..!!My Basic Trade Methodology:1. Trade with Trend Trading2. Use Stop Loss and always to be winner3. Use Risk ManagementBecome Success & Profitable TraderThere are various personal aspects you need in order to become a forex trader and by that I mean someone who is going to actually make money on the markets. Most of these aspects of course, are mental. The biggest problem of all which exists among traders, is trying to gain instant quick wealth. Forex Trading does not work that way. You need to be patient and only trade when the trade presents itself to you. The amount of times I hear people rushing into trades and ultimately losing out just goes to show how important self discipline is. This system aims to bring you a small, constant profits and NOT a free ride to quick instant wealth.Successful traders are the ones who actually enjoy what they‟re doing. If you do not enjoy forex trading, you should not be reading this right now, because without the passion and drive to want to learn more and want to make money, I can guarantee that you are not going to.
10 Reasons Why You’re Failing to Make Money in Forex Trading.If you’re frustrated with your trading time for money, then you’re going to love what I’m about to share with you. Something I’ve realised over the last year is that being successful forex trader is as much to do with having the correct attitude and mindset as anything else. Like any new venture, there’s a steeplearning curve involved building a profitable trades and it can often be a frustrating experience. Particulary as the daily bombardment of marketing messages about new forex trading systems and new expert advisors tends to make you feel like you’re the only one left not making money. So anyway, I’ve been thinking about why many newbie’s find it difficult to make money in forex trading..Here’s my top ten reasons…1. Spending too much time reading, learning, buying, watching and not enough time DOING your own research.2. Not taking your trading seriously enough. Always keeping a trading diary; by keeping a diary forces you to think through your idea because you have to write it down. Additionally a written trading record provides you with an opportunity to review your thought process so that you can replicate the successful trading ideas and modify the unsuccessful one.
3. Not focusing your efforts on a trading system (whether it be day trading, swing trading, scalping trading or whatever) for long enough to see results. You must trust your own trading method. You must have a methodology by which you go about your trading business and you must trust it; otherwise you are not operating in businesslike manner. you will end up chased the crowd.4. Because there are so many forex trading system and forex mechanical system (metatrader expert advisor), it becomes almost impossible to know where to start. So you end up doing nothing.5. Lack of perseverance. You start off thinking earning money in forex trading is easy (because everyone else seems to be doing it) and quickly become disillusioned and give up when it dawns upon you that it actually takes hard work and dedication.6. Directing all your efforts into a trading system or you lack the knowledge to make it profitable.7. Not setting up your trading system or your expert advisor in the right way to be profitable from the outset.8. Lack of a clearly laid out route to success. Always be aware of the bigger picture. A very important factor in having an edge in the market is to be aware of the big picture-where the trend goes and identifying the support and resistance of market that exists.9. A failure to set practical, achievable, specific goals. Lot of newbies set an impossible profit target and set your goal to high. There is no free money in forex trading. Don’t dream it, even your guru themselves set a smaller pips which very profitable through a trading system which almost guarantee make profit every month.
10. You are not using smart money management. You need to know when to cut your losses. Wheter you are fundamental or technical trader, always remember that market conditions change all the time. Most newbies ‘believe’ the market at the end will play out your way, and you end up losing to much money. Perhaps some of those ring true with you? I know I’ve been guilty of most of them at one point or another. So if you do recognize yourself in that list, at least take heart from the fact you’re not alone. And remember, it’s never too late to change bad habits or direction if necessary.Enjoy your trades guys...wish you all a SUCCESS & PROFITABLE tradesMY "LIVE" TRADES VIDEO18th July '0918th 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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