Forex Secret

Business activity in the Forex is something that can be learned, not innate ability. A successful trader, Richard Dennis, and a colleague of William Eckhard sekalius followers, to prove the above statement. From about 1000 people who signed up in 1983, Dennis recruit and train 12 people, known as turtles, a few turtles now have been very successful in this business. Curtis Faith was one of them opened the account for $ 2 million. accounts in a short time has become a USD 31 million. (New Market Wizard books, Silent of the Turtles). In this book mentioned that the turtles are consistently a few thousand dollars more than doubled to 200 million dollars!.
But for reasons not to damage the market, they are bound by contract to keep quiet about their Trading Secret.

Tips Forexs Study

In the transaction of Forex Trading, you should use the maximum quantity of the recommended contract size is equal to 5% of your capital (or at maximum 10% of your capital to use this technique) kerana quantity contract with a size of 5% of your capital, then floating open position of the transaction you will be able to withstand up to 1900 points (ie, if your total loss -1900 pips, you will be exposed to a margin call or diliquidasi)Point Resistance formula = ((equity capital - (the total quantity contract size x 1%)) / total quantity contract size) x 10000Example: The initial capital you $ 500, then the maximum quantity contract size that you inputkan for your trading (per transaction) = 2500 ($ 25), so that the movement pointnya (pips) to $ 0.0001 x 2500 = $ 0.25 per pipsnya (for currencies direct). If you have $ 1000 then the recommended quantity contract size is 5000 ($ 50), and so on.