Own trading plan

Trading commodity futures trading plan - it is a necessary element for every trader to hope for success. No-designed, well-designed and tested system of trading clients, in fact, just a random shot in the dark. He does not know when he is to enter the market, it does not have targets for profit, and most critically, he did not put the stop orders in case of losses. While both stock traders can afford to get out with minimal losses (if the transaction is done without the use of borrowed money, without the "shoulder"), when it comes to the futures market - it is impossible. Because in this kind of trading leveraged funds (deposit for the contract is several times less than the full value of the contract), traders risk losing much of their capital in a short period of time.

There are many other indicators that can be used to develop your personal trading systems, they are easy to learn from books or the Internet. However, each trading plan has its advantages and disadvantages, so the trader must first check it out, and then put into practice. Some systems can manifest itself in two ways in the market, and the indicators may show the entry and exit delay. Trader futures market, which is developing its own system of trading, you may want korrekirovok introduction to overcome such drawbacks.
When trading trading plan designed one program scheduling can be used to its extensive testing. These applications allow users to enter a formula, design constraints, and set a time frame for the analysis. Price data are used as input data for the charts and indicators are usually located on top of price charts to provide a convenient visual representation. To get the daily updated quotes flow trader often need to subscribe to data sources from various agencies, or to find and use historical quotes.

currency scam

in the West, with Forex frauds appeared somewhere in the 70's of last century. The scheme was essentially the same as it is now on the Internet. Small offices luring unsuspecting "customers", painted them the wonders of earnings in the forex market, where anyone with a small capital, can get a margin of 1:100 and buy the "oh how much" of any currency, and then sell it more expensive to make and fabulously. Briefly explain what was happening, signed a piece of paper that the risks of a sign - and more. "Customers" are in the halls, where there were displays quotes and charts, and "trade" was conducted by filling the order paper and feeding them into the cashier window. The room is constantly scurrying "experts" (former losers who are in the pay of thieves), with a solid reasoned view on the topics of trade policies, thus fueled interest in suckers. Such is the game of thimble. Naturally, the "clients" thought to have participated in the international market. Anywhere they were not involved. Money outside of the office did not go, play and battered us. "Experts" reproachful sigh. They said: "Yes, right, because to learn it takes time. Yes, and you have enough capital. What would you do with a thousand dollars? If only more - then yes. Be sure to start earning. " Of course, the "experts" had their interest. Questions about personal successes they answered very vaguely or lied, without blushing. Go check it out. Soon invented "a miracle!" Trust capital management. There was beauty in general. Lohan to unleash it to bring, say, $ 20,000 and gave it to the management of "experts." A month later, he left to show papers, compiled on the basis of known past schedules. Of papers indicated that the bill has doubled. Jubilant "client", presenting himself the future owner of diverse properties and expensive cars, is more money. Borrowing from friends, there were cases at home laying. Some time lohu fed phony rosy reports, and then there was something on the market, and the "customer" says: "There was something extraordinary. Your money, no, do not burn, they are stuck, you have margin call. Do not worry, you just need to bring more money urgently. The main thing - to stay in the game and all the better. You saw how quickly the money is made. " And bear fuckers, clinging to hope. For a while, they were again shown fabricated reports that things got better, and then everything is new. "Finish off" the "client" was also very important. Do not Lohan had strength left walking around the courts, and money for expensive lawyers, he had to choose just one - forget this nightmare. The law in this business read - "This divorce" client "does not begin when he brought the first money (even a lot), but when he lost them." First anticipated loss opened vast opportunities for future divorces. Little lost - "Well, now you understand what's what, it's time to work for real." Many lost - "Bring more, as much as possible. Do it back. " Lost it all - "is not a problem. Becomes the "expert." Look for "customers." You will have interest. " Russian foreksniki today, you are nothing like?
 Only only developed in the West, such offices have gone to Asia - Singapore, Pakistan, India, Philippines. In the West, people are educated and know first hand what the stock market, bonds, licensing, brokering. There were caught mostly immigrants. In Asia, people have less money, but it is easier to work - the people more naive turbid legislation, to pay off easily in case. Way such offices like the story of famous casino. Many lives have been broken, families thrown to the world and destroyed. Psychological trauma is difficult to overestimate. All of the "clients" are often smart and educated people were shocked when they learned just how brazen and they were deprived of blood money. Moral damage from this is much worse than an ordinary robbery. Many turned to the courts. But there foreksniki with smiles brought labeled "customers" are the same documents: "I want to trade with the risk of a sign, possess experience (experience - this is what they had taught" experts ")." Sometimes the "customers" something otsuzhivalis, but a small part. Foreksniki never discouraged. To communicate with the inevitable threatening, crying and pleading "clients" mentally prepared in advance. However, the firm knew the measure. Bring them to the client a million dollars, would not have taken. About a million and a law-abiding America could come gloomy guys and politely asked to pay, and even with interest. And the man with the money, certainly understands the finances or find with whom to consult. No. You bet on the average amount per person of the middle class. Maximum of ten thousand dollars. The risk was minimal. As a last resort (or not far, and planned in advance) If you could evaporate with the money and open a new office in another place, a city, or even country. Imprisoned foreksnikov few rarely and briefly. Went out and did the same. Profitable business, easy money.

Trading right now

trader's work - is the ability to find the right entry point into the market. Of course, this is one of the conditions for profitable operations in the market. But, in my opinion, much more important than the behavior of a trader in the course of the transaction: what he was thinking at the start of the transaction and how it reacts to what happens after the opening of the transaction. In real trade trader is bound by its own approach to their work and trade system in particular.
Question of the amount of the deposit is as old as the emergence of the exchange itself. Working with small deposits can only agree with one fact that the large deposit gives you more opportunities to create more capital and get high wages. However, if the trader does not have the specific knowledge and experience, the amount of the deposit in this situation does not make any difference.
Based on the development of the exchange industry, it can be argued that it is possible for any trader can profitably operate in those with small deposits. At the moment, defining element of the success of a trader is his experience, skills and the right tactics and strategy work. Any hints on the importance of deposit in any way can not wear determinative. Modern conditions allow the trader to get the practical benefits and value regardless of the amount of the deposit. Simply put, trading in a small deposit must be held in a rigid framework and conditions for the trader significantly reduced as the right to make mistakes, and to maneuver.
Sometimes, reading the opinion of some authors, you wonder or not know about what time they are writing. Submit information on the web forex is outdated and, at times, conflicting opinions and to the authors who talk about what they describe forex 90s, when market entry taxed Commission and through a series of specialized systems or telephone. In many cases, traders have to calculate different options losses and entrance is about once a week.
But at the moment Forex is completely different, it has a completely different instruments (ie the Internet). Forex has become a source of progress and development of trading. In situations where any trader can open or close the position for a few seconds, it begs the question: why do we need a deposit of thousands of dollars to remove from the market 100 or $ 200 per transaction. Many of the "Professor of trading" is still writing in his memoirs about the commission for opening trades that no longer exist, and never will be.
I've never been a supporter of the allegations that success is directly proportional to the actual open deposit, which is available at the trader. These errors are similar to those of what I told above.
Considering the classical scheme of success, I would like to remind that in trading is also an important determinant for the full control of the market and profitably. First of all - the necessary knowledge. Next - an experience that becomes a trader in the real market, with a permanent working off their trading strategies in the market. And finally, - patience and waiting, waiting in the wings, waiting for their transactions to wait for the news, and never enter the market without appropriate justification.
Perhaps, this is the most difficult for the trader. It should be ready to sit in front of the monitor all day, and not to make any deal. It is very difficult to keep from such inaction, especially if you are actively tracking the whole situation in the market and see a lively change in price. In this situation, you just wanted to calculate your potential profits ... The most difficult thing in this case scenario - to keep the chosen tactics and keep a tight ship. Top class professional was that he, thanks to its experience and its strategy, knows exactly when the market is money and they can safely earn. It will be right to say that a professional should anticipate possible changes in the market and to use them to their advantage.
There is such a thing - the right to enter the market, which is crucial to the success of the transaction. But on the other hand, the inability and lack of experience in the management of the transaction can be reduced to minus your correct entry into the market. Accordingly, there is a dilemma between the right input and the closing of the transaction. Believe me, in this case, the deposit is not important if you are working on short and middle positions. At the same time, without the technical analysis in the short trade is indispensable. As a number of consecutive losses is possible, regardless of the tactics of trade, and you should always be very careful not to go broke. According to many traders working on short positions to limit the risk of up to 1% of your deposit.
The main task of a trader working on short positions, for any slight turn of the market, to cover their positions, even if they are even in the red. The purpose - to minimize the loss to the fact that the next time you have the opportunity to open his account. The logic is understandable. At the moment, the financial market is practically no dealing centers, which would take a commission or a percentage of the opening transaction. The main goal of a short trade - to minimize losses with the opening of the next deal, which for the most part becomes profitable.
I would like to mention one important rule. At a time when new traders spend all their time looking for the best entry, veteran traders know exactly what the most difficult decisions have to be made at the exit from the market and at a winning position. However, in this case, you still need to exercise restraint in fixing the normal profit. Of course, the removal of certain profits depends on many factors, first of all - on the mood of the market, experience and professional trader. Inexperienced and novice trader in stopping prices better capture those profits, which appeared on the bill.

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