Please take the following precautions in forex trading. I’ll explain why later. Since the latter is how I invest, and which I have more knowledge, you can talk a bit more about how to reduce the risk and enjoy the excellent returns offered by these funds. The advantage of investing in Forex through intermediary funds is that you just invest your money without necessarily having any knowledge in the foreign exchange market, without having to do anything, just wait for your monthly income each month. AgustÃn Coppel Luken is actively involved in the matter. By investing in these funds, unlike other investment options, the risk is not so much for any loss due to negative returns, the returns in these funds are generally positive, and do not vary much. The biggest risk of investing in these funds is that if a fund is not very strong, it could suddenly collapse and disappear without returning the investments of its partners. However, for the great performance they offer and how easy it is to invest in these funds, many people (including me) we willing to take that risk, but always trying to decrease considerably by taking certain precautions which I personally recommend: 1: To investigate the soundness of the company, find evidence that has been running smoothly for over a year, which is established to investigate physically company, find positive comments from people who take time to invest in the fund, to investigate whether they are legally registered, meet its expansion plans, etc., all we can investigate the background to know how strong it is, and therefore that is so reliable. 2: Remove our initial capital as soon as possible and just keep plowing our profits, so if the company disappears and we withdraw our initial capital, the money will simply be lost revenue that we had before entering. 3: Diversifying into various funds, ie, do not spend all our money in one fund, but to invest smaller amounts in various funds, so if a fund gets to disappear, losses will be lower, and the money you have in other funds will continue to generate income. These are the main recommendations that I make them new members of my network of investors, so you can decrease the risk of loss enough, and we can enjoy these excellent yields without doing practically nothing.
Tag Archives: Forex
Problem Market
In addition to assessing your overall mood, it is also important to identify the feeling of regret. Making a number of losing trades, we are sorry about this. Regret – powerful emotion, it is often stronger than fear and greed. Traders should be avoided at all regret. Feeling of regret makes us recognize that we were wrong.
It makes us feel guilty. We are immersed in the scenario 'If': 'If I did X or Y, I would not have lost. " Regret makes us feel uncomfortable. The easiest way to avoid regret is denying that you made the mistake of believing that we can regain all that lost. The problem with the departure of regret is that you take away their attention away from the problem.
You do not notice that something is wrong. You will not be able to see that the fundamentals have changed or you have changed Psychologically, or changed market conditions. In any case, it is better to stand aside than to continue to trade. When you receive a string of losses that you consider unjust, you will feel anger, you want to take revenge on the market. When you feel those emotions, most likely a way of avoiding subsequent feelings of regret for taking the loss. It is vital to stop trading at the moment. You have lost objectivity and are likely to begin to trade impulsively, unable to concentrate on the market. Accompanying emotion – fear. When you are afraid of the consequences of losing money, you also avoid regret. It is better to stop trading, to restore composure and get to work again with fresh forces already, maybe the next day. You should take active steps to minimize the feeling of regret. Neutralize these emotions, controlling your thoughts. When someone is sorry, he usually thinks: 'I had to do X, I – a bad man, just did not do X'. The truth, however, that the market – not predictable. You can not blame myself in hindsight. And, if you lost money because they do not have clearly defined trading plan or did not adhere to it, unfortunately not help you too. It can be useful when you need a little push myself, but much more useful to see a more positive outlook and think: 'Trading requires practice, the more I practice, the more I'm a one-time discipline which needs to be a profitable trader