Why do hundreds of thousands online traders and investors trade the forex market every day, and how do they make money doing it?

This two-part report clearly and simply details essential tips on how to avoid typical pitfalls and start making more money in your forex trading.

1. Trade pairs, not currencies - Like any relationship, you have to know both sides. Success or failure in forex trading depends upon being right about both currencies and how they impact one another, not just one.

2. Knowledge is Power - When starting out trading forex online, it is essential that you understand the basics of this market if you want to make the most of your investments.

The main forex influencer is global news and events. For example, say an ECB statement is released on European interest rates which typically will cause a flurry of activity. Most newcomers react violently to news like this and close their positions and subsequently miss out on some of the best trading opportunities by waiting until the market calms down. The potential in the forex market is in the volatility, not in its tranquility.

3. Unambitious trading - Many new traders will place very tight orders in order to take very small profits. This is not a sustainable approach because although you may be profitable in the short run (if you are lucky), you risk losing in the longer term as you have to recover the difference between the bid and the ask price before you can make any profit and this is much more difficult when you make small trades than when you make larger ones.

4. Over-cautious trading - Like the trader who tries to take small incremental profits all the time, the trader who places tight stop losses with a retail forex broker is doomed. As we stated above, you have to give your position a fair chance to demonstrate its ability to produce. If you don’t place reasonable stop losses that allow your trade to do so, you will always end up undercutting yourself and losing a small piece of your deposit with every trade.

5. Independence - If you are new to forex, you will either decide to trade your own money or to have a broker trade it for you. So far, so good. But your risk of losing increases exponentially if you either of these two things:

Interfere with what your broker is doing on your behalf (as his strategy might require a long gestation period);

Seek advice from too many sources - multiple input will only result in multiple losses. Take a position, ride with it and then analyse the outcome - by yourself, for yourself.

6. Tiny margins - Margin trading is one of the biggest advantages in trading forex as it allows you to trade amounts far larger than the total of your deposits. However, it can also be dangerous to novice traders as it can appeal to the greed factor that destroys many forex traders. The best guideline is to increase your leverage in line with your experience and success.

7. No strategy - The aim of making money is not a trading strategy. A strategy is your map for how you plan to make money. Your strategy details the approach you are going to take, which currencies you are going to trade and how you will manage your risk. Without a strategy, you may become one of the 90% of new traders that lose their money.

8. Trading Off-Peak Hours - Professional FX traders, option traders, and hedge funds posses a huge advantage over small retail traders during off-peak hours (between 2200 CET and 1000 CET) as they can hedge their positions and move them around when there is far small trade volume is going through (meaning their risk is smaller). The best advice for trading during off peak hours is simple - don’t.

9. The only way is up/down - When the market is on its way up, the market is on its way up. When the market is going down, the market is going down. That’s it. There are many systems which analyse past trends, but none that can accurately predict the future. But if you acknowledge to yourself that all that is happening at any time is that the market is simply moving, you’ll be amazed at how hard it is to blame anyone else.

10. Trade on the news - Most of the really big market moves occur around news time. Trading volume is high and the moves are significant; this means there is no better time to trade than when news is released. This is when the big players adjust their positions and prices change resulting in a serious currency flow.

11. Exiting Trades - If you place a trade and it’s not working out for you, get out. Don’t compound your mistake by staying in and hoping for a reversal. If you’re in a winning trade, don’t talk yourself out of the position because you’re bored or want to relieve stress; stress is a natural part of trading; get used to it.

12. Don’t trade too short-term - If you are aiming to make less than 20 points profit, don’t undertake the trade. The spread you are trading on will make the odds against you far too high.

13. Don’t be smart - The most successful traders I know keep their trading simple. They don’t analyse all day or research historical trends and track web logs and their results are excellent.

14. Tops and Bottoms - There are no real “bargains” in trading foreign exchange. Trade in the direction the price is going in and you’re results will be almost guaranteed to improve.

15. Ignoring the technicals- Understanding whether the market is over-extended long or short is a key indicator of price action. Spikes occur in the market when it is moving all one way.

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Free Forex Tips

This is nice tips for U who want to start learning forex. For another great forex tips, Just go to the original site ^^

Tip 1. Gamblers go to casino. All unproved, spontaneous actions in Forex trading — are a part of pure gambling.
Any attempt to trade without analysis and studying the market is equal to a game. Game is fun except when you are losing real money…

Tip 2. Never invest money into a real Forex account until you practice on a Forex Demo account!
Allow at least 2 month for demo trading. Consider this: 90% of beginners fail to succeed in the real money market only because of lack of knowledge, practice and discipline. Those remaining 10% of successful traders had been sharpening and shaping their skills on demo accounts for years before entering the real market.
A good demo account to start practicing with could be, for example, FXGame from Oanda.

Tip 3. Go with the trend!
Trend is your friend. Trade with the trend to maximize your chances to succeed. Trading against the trend won’t “kill” a trader, but will definitely require more attention, nerves and sharp skills to rich trading goals.

Tip 4. Always take a look at the time frame bigger than the one you’ve chosen to trade in.
It gives the bigger picture of market price movements and so helps to clearly define the trend. For example, when trading in 15 minute time frame, take a look at 1 hour chart; trading hourly would require obtaining a picture of daily, weekly price movements.

If a trend is hard to spot — choose a bigger time frame. Up and down market patterns are always present. Always make sure you know the dominant trend, unless you are a scalper. Scalpers have no need to spend their time studying big trends, what’s happening in the market here and now (during 5-10 minute time frame) should be of only importance to a Forex scalper.

Tip 5. Never risk more than 2-3% of the total trading account.
One important difference between a successful and an unsuccessful trader is that the first is able to survive under unfavorable conditions on the market, while an unsuccessful trader will blow up his account after 5-10 unprofitable trades in the row.

Even with the same trading system 2 traders can get opposite results in the long run. The difference will be again in money management approach. To introduce you to money management, let’s get one fact: losing 50% of total account requires making 100% return from the rest of money just to restore the original balance.

Tip 6. Put emotions down. Trade calm.
Don’t try to revenge after losing the trade. Don’t be greedy by adding lots of positions when winning. Overreaction blocks clear thinking and as a result will cost you money. Overtrading can shake your money management and dramatically increase trading risks.

Tip 7. Choose the time frame that is right for you.
Choosing wise means that you are comfortable and have time enough to analyze the market, place and close orders etc. Some people can’t wait for hours for the price to make a move, they like action and therefore prefer smaller time frames. On the contrary, for others 10-15 minutes is a hustle to be able to make the right decision.

Tip 8. Not trading or standing aside is a position.
When in doubt — stay out. If it is not clear where the market will move — don’t trade. In this case saving present capital is and absolutely better choice than risking and losing money.

Tip 9. Learn to use protective stops. Respect them and don’t move.
Hoping that market will turn in your direction is a very delusive hope. By moving a stop loss further a trader increases his chances to end up with much bigger loss.

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How can I clean up my Google AdSense Channels? Thats first question when see how mess my channels was. Hope this artcle able to help you. I found this article this morning ^^

This article was writen by Dave Taylor

Since you already have AdSense on your pages, however, the good news is that once you do establish a channel within the AdSense system, all you need to do is paste a single line into the existing adblocks to get everything to work. For example, if I wanted to change a stock AdSense block to one that included a channel, I’d simply add google_ad_channel =”7151328846″; to the block, producing something like this:

Hopefully you have your sites set up with templates of some sort or perhaps utilize server-side includes so that your AdSense code is in one file rather than duplicated across hundreds of pages that will need to be edited by hand. If you don’t have things set up that way, now is a great time to learn how to change it.

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Berhubung internetku lg ngeselin, aku ga bs sering2 blogwalking dulu. Tapi akan aku usahakan. Maaf yah. Jadi bacalah artikel how to earn money ini ^^

udah agak lama aku daftar di situs ini sejak ga sengaja lihat linknya di salah satu site paid to postku. Cuman karena lom ad bukti aku msh ragu. Terakhir-akhir ini aku lihat udah beberapa member kasih jawaban kalau mereka beneran dibayar. Dan gede juga 50$ MINIMUM PAYOUTNYA! WOW

Site apa sih ini?

INI SEJENIS FRIENDSTER. LEBIH bisa dibilang MIRIP BANGET ama friendster. Cuman bedanya kalau di friendster mau berapa banyak temen kita, mau berapa banyak orang lihat foto kita, we get nothing. Tapi di yuwie, KITA DI BAYAR!!!

Ini nih beberapa keterangannya ttg sistem pembayaran

1. Paypal. Paypal is an online payment processing company owned by EBay. Very secure, very reliable, very well know.
2. We can send you a check. If you choose this method, there is a $1 processing fee to cover postage, and other overhead.

Dan ini cara mendapatkan uangnya

We can’t say exactly, but here’s an example of what could happen. The chart below assumes you refer 3 people, and those 3 people refer 3, then those refer 3, through 10 levels, and each referral gets 1000 page views for the month, and the month’s RSR is $0.50.

Dan bagaimana sih ngitung pendapatan dr page view ini

1. Refreshing/reloading a page
2. Any page that’s viewed within 3 seconds of the last page doesn’t count

Dan gimana kita bs tau jumlah page kita yg di view orang

These numbers are just so you have a rough estimate of how much activity your referral tree is doing. At the end of each month a full report is generated that shows you how many page views were accumulated on each level for the month.

Trus, tentang gimana tau total earning

The earnings report is generated between the 10th-15th of each month for the previous month.

So.. tunggu apa lagi.. Coba aja daftar… toh gratis. ^^ Sapa tau bs dapat duit banyak. Wehehehe

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