Week 5 Result ( 15 December - 19 December )
Full result for week 5 from ( 15 November - 19 November ). Diam tak diam dah sebln gak ni update kat sini hehee. k see u.
Every Candle Tells A Story
![[ZZ.jpg]](http://2.bp.blogspot.com/_flxs_mVS-yQ/SlEZ-O1iaFI/AAAAAAAAAA8/scyvuRsfN38/s1600/ZZ.jpg)
Always Win Never Loss Forex
Cheers!
BA FxSwing
Sunday, December 21, 2008
DAY 19 Trade Wednesday, December 17
Update hari rabu hehe lambat lol kesibukan masa tidak mengizinkan. Khamis dan Jumaat no trade. Sikap tamak dah dtg ni.. huhu.. loss agak beso gak. So far win gak akhir nya.
p/s: Tamak musuh utama, Emosi kena jaga ni....... hehee k.
Tuesday, December 16, 2008
Monday, December 15, 2008
DAY 17 Trade Monday, December 15
Monday trade.. ok. Masuk minggu ke5 guna B&A FxSwinngTechnique. TP 50 pips masih d kekalkan. enjoyy k.
Friday, December 12, 2008
Week 4 Result ( 8 December - 12 December )
Full result for week 4 from ( 8 November - 12 November ). Minggu yg sibuk so cikit je hehee.. k. see next week lak.
DAY 16 Trade Thursday, December 11
Minggu yg sibuk. huhuhu ... Tuesday, Wednesday and Friday no trade 3 day rex hehee.. lambat update utk thursday bizi k. Open post 4 je tu hehee ok lah tu kan... dlm sibuk2 sempat gak msk post. Tetap profit TP 50 cuma EU je silap buat TP huhuhu. k enjoyy..
Monday, December 8, 2008
DAY 15 Trade Monday, December 8
Seperti biasa TP 50 pips.. Emm.. All post profit good. Ini bukan system 100% profit ya ada gak loss cuma Win vs Loss = Win. Sudah d katakan tidak ada system yg 100% profit k. Follow market je. Apa2 enjoyy.. Forex.. hehee
Saturday, December 6, 2008
Week 3 Result ( 2 December - 5 December )
Full result for week 3 from ( 2 November - 5 November ). TP masih d kekalkan 50 pips. enjoyyyyyy see u next week update k.
DAY 14 Trade Friday, December 5
Sori lambat update. Byk keja. This Friday trade.. hehehe makan kecik blk and still tp 50 pips k nice result again. ok see update next week .
Wednesday, December 3, 2008
DAY 13 Trade Wednesday, December 3
Test lot beso. save my time cikit hehee... ok This wendnesday trade, post open 3 je.. tp profit cantikk. TP masih 50 pips perpost.. ok nice day.
Tuesday, December 2, 2008
DAY 12 Trade Tuesday, December 2
Ok monday aku tak trade. Mau makan beso lak ni hehee nice profit . Loss very2 ciput. TP masih kekal 50 pips je. Tak leh tamak2. heehehe k.
Friday, November 28, 2008
2nd Week Result
Full result for 2nd week. seperti yg d jangka TP 50 lebih baik dr TP 100. Ok see next week result lak dgn TP 50 d kekalkan.
Thursday, November 27, 2008
DAY 11 Trade Thursday, November 27
Market not good to trade it still up and down lol. Poning pala heeehee.. but still TP 50 pips. Lucky day.. Tomorrow i want rex tak mau trade dah... enjoy..
This 2 week trade with B&A FxSwing Technique.. lol. See u next week lak lah dgn update dr aku ...ok
Wednesday, November 26, 2008
DAY 10 Trade Wednesday, November 26
Today im bizi. 3 post je ni hehe... ok kena TP 50. Ok le ni kan..
Tuesday, November 25, 2008
DAY 9 Trade Tuesday, November 25
Still lucky day fo me again. Still TP 50 pips.. good result again..hehee
Monday, November 24, 2008
DAY 8 Trade Monday, November 24
A lucky day fo me. I still TP 50 pips.. emmm good result..hehee
Sunday, November 23, 2008
1 Week Result
Ok this SS for first week im Trade.. Woww..USD 2037.61
Kelemahan d sini TP 100 pips emmm.. minggu depan ubah TP 50 pips lak n u can see.. enjoyyy
Friday, August 22, 2008
Why we need money management in Forex?
The simplest answer to the question asked would be to limit our losses and to win profit from forex trading. If a trader is presented with even the best set-up with considerably good trading guidance, in all probability, he or she will end up losing money. But if you present them a good money management tools, the situation will be entirely reversed.
At the beginning, it may seem quite burdensome and unpleasant to take up the challenges. You have to constantly monitor your positions. You will also have to take necessary losses. Because, earning 100% profit in forex trading is extremely difficult and attained by less than 1% traders. With a 75% drawdown, you will have to quadruple your account, which is not an easy task.
Some simple runaway losses occur simply because of sloppy money management practices without proper stops or many average downs in the longs and average ups into the shorts. You must remember that Forex trading is not always about Big Win but Big Loss that can knock you out of the trade forever.
A most practical approach would be not to risk more than 1% of total equity on any trade. If you go wrong 25 times in a row, you still have 75% of your equity left. You should also use only your speculative capital if you are just starting forex trading. You should place an amount in trading that will not impact your life if you lose it entirely. This amount you should divide into 4 to 5 equal parts and then start with one part.
Depending on your grit, take one of these two approaches while trading forex. Either take many frequent small stops and gather profits from the few large winning trades, or take many small gains with infrequent large stops. Depending on this decision your trading strategy has to be formulated too.
Forex Win To Loss Ratio
Forex trading is quite complicated and often delicately balanced on movement and influence of several factors. Trading without knowing the basics of the market and a solid strategy at place can lead to devastating results. In those cases one can only expect more losses than profits. But, when you have a system of trading, the win to loss ratio will be much better than other traders.
Win to loss ratio in forex can be defined as number of winning trades to losing trades. It is the ratio of average profit to the average loss per trade. Say, you expected a profit of $1000 and expected loss is $200 for one particular trade, then the profit to loss ratio is 10:2.
In many instances, we find that it is advised to maintain profit to loss ratio of 2:1 or 3:1. But this can be confusing at times. You have to consider the practical forex market situations, your individual trading style, and strategies while deciding on the ratio. There is also something known as statistical expectancy or APPT (average profitability per trade) that is of great importance.
APPT is the average amount you can expect to win or lose from each trade. There is a formula for calculating APPT, which is
APPT = (Probability of Win x Average Win) – (Probability of Loss x Average Loss)
For example, if you placed 10 trades among which you won in 3 and lost in 7, the probability of winning is 30% or 0.3, and your probability of loss is 70% or 0.7. If your average profit is $500 and average loss is $200, the APPT will be (0.3 x $500) – (0.7 x $200) = – $10. As the calculation returns a negative value, it means for every trade you are likely to lose $30. Now, you must have realized why APPT is more important than a win/loss ratio. This example has a win/loss ratio of 2.5/1, but still comes out to be a loosing proposition. The reverse case can also be true, where a win to loss ratio of say 1:3 can actually return profit.
How To Win At Forex
Every trading activity is in fact participating in a battle. Winning the battle is a matter of knowledge, skill and experience. If you miss any of those you are going to join the long line of losers. Some says that 95 to 99 percent of the traders are lining up on the loser’s side.
How to win the battle in the currency market? It is easy to answer that question, based on the above approach – prepare yourself for the battle. If you treat currency market activity as a hobby you’ll ultimately lose all investments there. If you treat it as a business you still may loose everything.
The correct approach is: consider each pressing of the Buy/Sell button as entering a battlefield. If you enter it without having a knowledge, skill and experience on how to win, you are destined to fail. You may have some lucky trades in the beginning, though. That, by the way, is the worst case scenario for the rookie in trading.
The earlier you get your “bad" lessons, the better for your overall experience. No mater how good you consider yourself prepared, after demo trading lessons, you have no idea of the forces ruling on the real market.
In fact the worst enemy you are going to face in the very beginning is not hiding behind the walls of the global currency trading centers. Your most dangerous foe is hiding deep inside of you. That enemy is so powerful that you will be amazed how quickly it will wash away all your carefully considered decision.
No one has been able to evade the force of that destructive power. No one can understand or realize that force unless it has been confronted face to face. Start trading with real money and you’ll face it too. Fear, Greed or Hope are some of the names of that power.
Fear forces you to sell near the bottom and buy near the top. Greed forces you to get out of the market prematurely. Hope will keep in the trade until you loose everything. Fear may save you but hope may wreck you completely. Greed will never make you rich.
It is easy to give advice to trade without emotions and use the logic, only. How you can achieve that if you never have been there. You need to go through that turmoil, pick up your loses due to your emotional decisions and than analyze.
Study all your “bad" trades, because they are the most precious gifts on the way to proficiency in trading. Growing as an experienced trader is possible only after getting your losses in the beginning. Then sit down and carefully study the lessons they brought to you.
One thing traders never want to do is to admit of being wrong. The market is a constantly changing and it demands flexibility in taking decision. That implies monitoring and constantly adjusting, changing your decision and action. When your logical analyzes suggest that you are wrong – get out, quickly.
Once you overcome the emotions, concentrate on developing your signature way of trading. You can start with following different advisors and system and picking from them the things you like. Demo trade and test your ideas until you find the trade system which is matching completely your personality.
Now, you have to go back to emotion in a controlled way. Every time your system suggests a trade look inside you and see how you feel about this trade. You feel bad – discard it. If you feel good – keep it.
Here comes the final step: Looking for the final approval sign before submitting the trade. Here is the time, where the mastership shows up. Your weapon is loaded, the target is clearly seen on the visor and the finger is on the trigger. You have to make that final exhale, get the target over the cross point and shoot it.
How much knowledge, skill, experience and patience you need to build within in order to reach that very final stage of trading proficiency? Only you’ll know that and only you can do it. The rest is just numbers in your bank account.
Building a fortune by trading currency is not a mirage in the desert of live. There are hundreds of traders who are making living of that business and you can do it too. Study all you can find on the net and follow the steps of the best if you want to win that battle.
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