Cherish the bullets also need brave Money Tips

Category: Money Tips Date: 2005-12-28

In a long time ago I once wrote, "treasure every one bullet," so an article written in the past, a moment to read the article very touching article in the rough talking about is. In the transaction process far the most important thing is attitude, attitude is good or bad determines whether the transaction's success, his attitude is good or bad is because of what factors determine it? I believe that technical analysis in the transaction process may account for the proportion of only 30%, while the question of attitude accounted for 70%, the transaction is a true comparison of tough trading process. How to cherish the bullets purpose? The purpose of bullets is to reduce the treasure without the necessary transactions to reduce the transaction has no value, no value is reflected in the profit out of proportion to the risk of the transaction, see the opportunity tried to grab the deal, what an opportunity they will miss none of the transactions, as long as the price fluctuations on the do transactions. It does not assess the deal could have brought him much profit and the corresponding risk, with a total holding fluke psychological, that can make a few points, he can only see a profit while ignoring the potential risks. Or at any time that a big opportunity in front of us refuse to do so would miss the opportunity.

Why do I today at the beginning of the article we need to add two words courage, bravery does not mean reckless. There are usually two in this market when compared to the more terrible. The first is that the transactions described above, the "positive elements." The second is the transaction "negative elements", the negative elements mainly confidence in making a deal. Such persons prior to the transaction will actively do homework waiting for the advent of the price until market prices reached their price or when the analysis is to see the disk up or down quickly, quickly set up its own a good list to cancel the original and even then continue to work for analysis, a price, these people can certainly tireless analysis of the spirit of good, so the transaction is not worth the negative attitude to learn. This is the wrong person is not to miss Quotes quotes, because the dollar after breaking the limit spaces may be another trend Quotes.

I always very brave can even be described as fierce. This is not boasting, I just tell you some of my methods and experience to do a single. As long as the profit and loss ratio of 5:1 can see from the above could not be easily forgiven, we can say without a spare. In this transaction the number of failures than the success of the number of times, why I still do it this way? Because it benefited in, again not every transaction is profitable to pursue, but rather a steady growth, again I do not need a profit each are "beautiful" in a single transaction to the applicant.

To give an example of what I break 5:1 ratio:

Each transaction stop 30 points (50), but the target position to reach at least 150 points (250) above, if to do so in 10 pens with two important there is little profit to do right Quotes in 10 times to do on the probability of two times too high. If you do more than three times, or to reach the 50% probability of winning will be like an estimation we have a clear psychological answers.

At present there is a monetary gain or loss arrived at the request of the author than 5:1 such a requirement, and that is Canadian dollars. I analyze the trend of the current situation in Canadian dollars. Canadian dollar in May from last year's high of 1.4000 to connect more than one down the downward trend was broken in the low area at the bottom of the formation of a more obvious carried out following a sideways at the bottom of nearly half a year to adjust and to seek a breakthrough with the very obvious signs. And the exchange rate has also topped the MA MA200, this day moving average is usually considered a period of long-short Feng Shui Ling, the current exchange rate of the average for this important correction to confirm it can be said is a very rare opportunity. From the short-cycle point of view since March of this year's rise in the formation of channel location of the next track is also the price and the antenna on the MA200 constitute a double resistance. The proposed investment in the 1.2420-1.2430 area to establish the multi-dollar against the Canadian currency orders, stop-loss 1.2390, the first target located in the 1.2750-1.2800 range. Once the 1.2750-1.280 range is broken, the U.S. dollar against the Canadian currency of the stock market trend is not a mere few hundred points, Quotes.

The opportunity lies in your hands, God does not give you the opportunity to repent. Let us work together to brave a