Hello Trader
today 1/6/18 .....
1,618 ratio
golden ratio
Fibonacci
Saturday, April 27, 2013
Monday, September 3, 2012
Friday, October 21, 2011
Inspiring story of successful traders
Hello Trader,
This inspiring story of hope to excite trading for new be traders and traders are undecided :
1.
George Soros made 1 Billion Dollars in one day
trading Forex. It happened in 1992 when Britain was
part of the European Exchange Rate Mechanism (ERM).
France, Germany and Italy were also members of the
ERM, and between them they had an agreement they
would only allow their currencies to fluctuate within
a certain range. This was an attempt to keep the
main currencies that formed the alliance stable.
The theory behind the ERM was sound, but it had one
main flaw. Because each country's economy was
growing, or shrinking at different rates, it proved
hard to maintain the stability in the currencies
they had hoped for. This is where the story gets
interesting.
In 1992, George Soros was in charge of a hedge fund
called the Quantum Fund. He could clearly see that
there was a basic flaw in the ERM, and positioned
himself to take advantage of it. He did this by
selling (shorting) the British Pound, which at the
time, he considered to be the most vulnerable in the
ERM alliance. The results were devastating.
When news broke that Soros had sold the Pound, it
started a wave of short selling on the Pound.
Britain did its best to try and stabilise the
currency by raising interest rates, but in the end
the sheer momentum of traders selling the Pound
forced Great Britain out of the ERM.
What I find interesting about Soros, is that he
worked as a waiter, porter and travelling salesman
when he was studying in London to support himself.
No one gave it to him on a plate, he worked for it.
(Source, worldclasstradingstar.com)
This inspiring story of hope to excite trading for new be traders and traders are undecided :
1.
George Soros made 1 Billion Dollars in one day
trading Forex. It happened in 1992 when Britain was
part of the European Exchange Rate Mechanism (ERM).
France, Germany and Italy were also members of the
ERM, and between them they had an agreement they
would only allow their currencies to fluctuate within
a certain range. This was an attempt to keep the
main currencies that formed the alliance stable.
The theory behind the ERM was sound, but it had one
main flaw. Because each country's economy was
growing, or shrinking at different rates, it proved
hard to maintain the stability in the currencies
they had hoped for. This is where the story gets
interesting.
In 1992, George Soros was in charge of a hedge fund
called the Quantum Fund. He could clearly see that
there was a basic flaw in the ERM, and positioned
himself to take advantage of it. He did this by
selling (shorting) the British Pound, which at the
time, he considered to be the most vulnerable in the
ERM alliance. The results were devastating.
When news broke that Soros had sold the Pound, it
started a wave of short selling on the Pound.
Britain did its best to try and stabilise the
currency by raising interest rates, but in the end
the sheer momentum of traders selling the Pound
forced Great Britain out of the ERM.
What I find interesting about Soros, is that he
worked as a waiter, porter and travelling salesman
when he was studying in London to support himself.
No one gave it to him on a plate, he worked for it.
(Source, worldclasstradingstar.com)
Friday, August 5, 2011
oMG - PLuNGe DoWN !!
Hello Trader
By the time you read this, you will have probably heard how bad the markets were yesterday, a day notorious for big jumps, plunge down, shrunk down, sunk down, Hiks !!
And people will blame anyone, anything, make it worse !!
As you do the same, just blame each other with nothing to do,as seem like you are in hospital and you flat-lined, you're dead.No pulse, no life.
But ... wait !!
As people start jumping ship looking for something safe to invest in - the markets become VoLaTiLe !!!!
Volatile market is Opportunity !!
Bad news makes new opportunity for great trading.
Ride the Volatility with the right one !! Surf - surf - surf !!
This is by far the most exciting time to be a trader
By the time you read this, you will have probably heard how bad the markets were yesterday, a day notorious for big jumps, plunge down, shrunk down, sunk down, Hiks !!
And people will blame anyone, anything, make it worse !!
As you do the same, just blame each other with nothing to do,as seem like you are in hospital and you flat-lined, you're dead.No pulse, no life.
But ... wait !!
As people start jumping ship looking for something safe to invest in - the markets become VoLaTiLe !!!!
Volatile market is Opportunity !!
Bad news makes new opportunity for great trading.
Ride the Volatility with the right one !! Surf - surf - surf !!
This is by far the most exciting time to be a trader
Tuesday, March 29, 2011
Monday, December 20, 2010
Wednesday, December 15, 2010
Thursday, September 30, 2010
Monday, November 9, 2009
Monday, October 12, 2009
The New Metatrader 5 is coming
As we chatted together, the news release metatrader5 from MetaQuotes has finally come though still in beta version.
but of course, each have a unique hope or interest.
- Mr. Cody, he muttered, MT5 hopefully make us more easily build tools that make it easier to profit from Trading
- Mr. Trady, he muttered, MT5 hopefully make us more easily benefit from the Trading
- Mr. Brooky, he muttered, MT5 hopefully make people think it is easier to profit from Trading, but it makes us better off
-How about U
Saturday, August 15, 2009
Versatile Tool
Yups, that is correct sometime we realize we have only appropriate tool with only one condition, and other equipment more appropriate in another situation, and what we need only versatile tool for all conditions.
so also in the trade, each Indicator has the characteristics of each, each Trading Strategy has the characteristics of each, each Expert Advisor has the characteristics of each.
and what we need only Indicator, Trading Strategy, Expert Advisor, which is suitable for all conditions and is quite Robust.
At that time may be time for us to invite a "Mac Gyver" to show his Tool
...... and let Code It together
so also in the trade, each Indicator has the characteristics of each, each Trading Strategy has the characteristics of each, each Expert Advisor has the characteristics of each.
and what we need only Indicator, Trading Strategy, Expert Advisor, which is suitable for all conditions and is quite Robust.
At that time may be time for us to invite a "Mac Gyver" to show his Tool
...... and let Code It together
Saturday, June 20, 2009
Money Management
On the last lecturing day , our Lecture give us one Topic, he said It must keep in Our mind and always not forget to do that.
Lecture :" What do you think about MONEY MANAGEMENT ? "
The Class became very Quiet,.......
Finally the Answer comes up,
Bossy :"With the Money we can manage the whole system,......"
Financy :"To manage the Money, and to ensure the Money used appropriatily and properly,...."
Trady :"Manage our opportunity to acheive our benefit, and to minimized our potential loss,...."
Before the Class over,
Lecture :" I'm proud of You All, what ever you all will be
, Polithician/Boss
, Finance/Accountant,
, Trader/ even a Gambler,
, don't forget to do "Money Management"
Lecture :" What do you think about MONEY MANAGEMENT ? "
The Class became very Quiet,.......
Finally the Answer comes up,
Bossy :"With the Money we can manage the whole system,......"
Financy :"To manage the Money, and to ensure the Money used appropriatily and properly,...."
Trady :"Manage our opportunity to acheive our benefit, and to minimized our potential loss,...."
Before the Class over,
Lecture :" I'm proud of You All, what ever you all will be
, Polithician/Boss
, Finance/Accountant,
, Trader/ even a Gambler,
, don't forget to do "Money Management"
Friday, June 5, 2009
Monday, June 1, 2009
Wednesday, May 20, 2009
Enjoy one of the others Best Trader "guru" say
Enjoy one of the others Best Trader "guru" say:http://club.ino.com/trading/2009/05/we-interview-larry-williams/
Thursday, May 14, 2009
Three main function to control Trading Automatic
Good day to all of Us,
Still fresh in mymemory at the first time when I start to recognize Automatic Trading Programming.
My Mentor say :" Don't worry ,it will be EASY,we just need THREE MAIN fUNCTION, as below
//+------------------------------------------------------------------+
//| expert initialization function |
//+------------------------------------------------------------------+
int init()
{
//----
//-- "FIRST FUNCTION"
//----
return(0);
}
//+------------------------------------------------------------------+
//| expert deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//-- " SECOND FUNCTION"
//----
return(0);
}
//+------------------------------------------------------------------+
//| expert start function |
//+------------------------------------------------------------------+
int start()
{
//----
//-- "THIRD FUNCTION"
//----
return(0);
}
//+------------------------------------------------------------------+
That's ALL.
So I begin to learn, learn and.................. learn It.
But at contrary condition, up to now day, still also I heard,
some 'Mocky Voice' say:" Automatic Trading Programming is EASY"
, but ???
So ,what do You think , how we can answer them,Two different ways of approach that considers all the things that's easy.
Still fresh in mymemory at the first time when I start to recognize Automatic Trading Programming.
My Mentor say :" Don't worry ,it will be EASY,we just need THREE MAIN fUNCTION, as below
//+------------------------------------------------------------------+
//| expert initialization function |
//+------------------------------------------------------------------+
int init()
{
//----
//-- "FIRST FUNCTION"
//----
return(0);
}
//+------------------------------------------------------------------+
//| expert deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//-- " SECOND FUNCTION"
//----
return(0);
}
//+------------------------------------------------------------------+
//| expert start function |
//+------------------------------------------------------------------+
int start()
{
//----
//-- "THIRD FUNCTION"
//----
return(0);
}
//+------------------------------------------------------------------+
That's ALL.
So I begin to learn, learn and.................. learn It.
But at contrary condition, up to now day, still also I heard,
some 'Mocky Voice' say:" Automatic Trading Programming is EASY"
, but ???
So ,what do You think , how we can answer them,Two different ways of approach that considers all the things that's easy.
Tuesday, May 5, 2009
Trade to get Rich??
"To get Rich is Glorious." -- Deng Xiaoping. This is perhaps "The Smartest Thing" ever uttered by a China Reformis Leader.
And he ve done what he said for his Country.
How about us??
I prefer more focus on the second Parentheses, Reach and Research , what is the smartest have to do??
What do you think??
And he ve done what he said for his Country.
How about us??
I prefer more focus on the second Parentheses, Reach and Research , what is the smartest have to do??
What do you think??
Monday, April 20, 2009
Hedging Trading Strategy
Hello ,
Due to New NFA Hedging Policy, don't be so panic.
As We are not allowed open Hedge Position in our Account, but still another way Protect(BY -Hedge) our open position:
1. Open trade at another Currency , if our first trade in EURUSD second will GBPUSD, or if our - first trade in AUDUSD then the second will Gold vs USD.
2. Open trade at same Currency but at Another Account.
3. Open trade at another Platform, not Singular Trading Platform.
4. Readjusting Our EA if we use Automatic Trading System
There always another ways.
Due to New NFA Hedging Policy, don't be so panic.
As We are not allowed open Hedge Position in our Account, but still another way Protect(BY -Hedge) our open position:
1. Open trade at another Currency , if our first trade in EURUSD second will GBPUSD, or if our - first trade in AUDUSD then the second will Gold vs USD.
2. Open trade at same Currency but at Another Account.
3. Open trade at another Platform, not Singular Trading Platform.
4. Readjusting Our EA if we use Automatic Trading System
There always another ways.
Wednesday, April 15, 2009
The End of Hedging Trading Strategies History
Offsetting Transactions
New Compliance Rule 2-43(b) requires an FDM to offset positions in a customer account on a first-in, first-out basis, thereby prohibiting a trading practice commonly referred to as "hedging." A customer may, however, direct the FDM to offset same-size transactions even if there are older transactions of a different size. Rule 2-43(b) is effective for any positions established after May 15, 2009. Offsetting positions that were established prior to the effective date do not have to be liquidated, but once either position is closed out after May 15, it may not be reestablished as a hedge.
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