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Monday, January 19, 2009

Logic Of Trading

To all traders, please apply some logic before you start to register with the broker you choose. Nowadays, lot of scams is operating because there is no laws can stop them immediately. They are professionally trained to scam our money. Here some advice that could save your capital to trade.

- Choose the broker who makes money with the spreads
- We a their cow to milk. If they are squeezing your hardly, means there is no more milk for them in the future.
- For the news traders, please choose the fixed spread. For the others, you know what to do when there is news.
- Do not blame the broker if you loose your trade.
- Please do not praise yourself when you always winning the trade.
- Slippage happens when involved with liquidity

When you're armed with some information, there is no more heart broken when you loosing your money in trade. Remember, loss is a part of trade as well.

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