An introduction to myself

| Saturday, 31 March 2012 11:54
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Written by Emirtrade

I have been trading in the forex market for about six years. During this time I had big losses, but big gains, too. I have become more careful now. I am content to make small but steady gains. Look at my stats; no sharp falls on it. If the profit is falling and rising sharply too often that means you are looking at high-risk trading.

That is why:

  1. I do not do a lot of positions every 20-30 pips against the trend.
  2. I do not increase the size of the transaction after each loss.
  3. I do not use more than 2-4% of the the balance at a time.
  4. I do not trade for a lot of “green” deals.
  5. I close my losses if it is needed.

Because:

My main task: To save money.

My second task: To make a profit.

My style: No big drawdowns.

My motto: Follow the market … Stop the losses … Do not rush …

Emirtrade’s Profile Page

 

| Saturday, 31 March 2012 11:54
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this post has been viewed 30 times

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