PROFIT @ 1.7450
SL @ 1.7710
USD/JPT SELL 103.65
PROFIT @ 102.15
SL 103.90
EUS/USD SELL 1.3660
PROFIT @ 1.3445
SL @ 1.3690
USD/CHF
BUY @ 1.1320
PROFIT @ 1.1450
SL @ 1.1290
NOTICE! HAVE DAILY TRADE ALERT FOR 500 PIPS PER MONTH FOR JUST $5 /DAY. MAKE INQUIRY AT oiderconcept@gmail.com. Please your Subject should be "Trade Alert Enquiry"
Win From $200 for Demo Trading Monthly
The Best Result Wins $500
The Second Place Wins $300
While the Third Place Wins $200
REQUIREMENT & CONDITIONS
1. You must sign up with various brokers using our links. Sign -up with the following brokers using our links listed below:
Registration
http://www.marketiva.com/index.ncre?gid=12149
Use any of the following coupon on your marketiva account in the course of your registration when required. They are R1WYP19ZU3, 13DUIZ2VZR, 0YTWYQFX8M, WAL2O1EURM, 0TFRPQ4R0T.
2. You can sign-up with all and trade on the two platforms. If your known broker is not covered, you can indicate to us at oiderconcept@gmail.com, and we shall include such platform later. Note that the contest is on the demo platform and we measure trading activities within the month of reference and you can start anytime in the month.
3. We only measure profitability on trade’s volumes for the month of reference.
4. Notify us of such signup at oiderconcept@gmail.com and you will automatically receive a notification from us and subsequent correspondences.
5. Make a contest registration fee deposit of $10 at any of the following portals.
Pay Now with e-gold...
https://sci.libertyreserve.com/?lr_acc=u123456
http://www.libertyreserve.com/?ref=U1334125
If you don’t have a online account you can open one with the following link.
http://www.e-gold.com/e-gold.asp?cid=4650991
http://www.libertyreserve.com/?ref=U1334125
6. You can also make payment to our liberty reserve account from anywhere and any currency though our exchanger at the following link:
http://www.paysgold.com/?act=register&ref=1330">PaysGold Interexchange Service
7. Notify us of such signup at oiderconcept@gmail.com and you will automatically receive a notification from us and subsequent correspondences.
8. Start trading immediately for the rest of the month to the last Friday of every month and post report weekly.
9. Post your traders report weekly to us to monitor the progress you are making to oiderconcept@aol.com with subject being “the value of your current net profit” for example Subject: Net profit = +$60800 marketiva or Subject: Net profit = +$60800 interbank fx and so on. After verification the result will be posted on our site www.fxtraderscontest.blogspot.com for everyone to see weekly so they can monitor progress.
Check out my link to online home workers' platform http://yaswebsites.com/P4068495.
Four Principles for Becoming a Better Trader from FXCM
Trade With A DISCIPLINED Plan
The problem with many traders is that they take shopping more seriously than trading. The average shopper would not spend $400 without serious research and examination of the product he is about to purchase, yet the average trader would make a trade that could easily cost him $400 based on little more than a “feeling” or “hunch.” Be sure that you have a plan in place BEFORE you start to trade. The plan must include stop and limit levels for the trade, as your analysis should encompass the expected downside as well as the expected upside.
Cut Your Losses Early and Let Your Profits Run
This simple concept is one of the most difficult to implement and is the cause of most traders demise. Most traders violate their predetermined plan and take their profits before reaching their profit target because they feel uncomfortable sitting on a profitable position. These same people will easily sit on losing positions, allowing the market to move against them for hundreds of points in hopes that the market will come back. In addition, traders who have had their stops hit a few times only to see the market go back in their favor once they are out, are quick to remove stops from their trading on the belief that this will always be the case. Stops are there to be hit, and to stop you from losing more then a predetermined amount! The mistaken belief is that every trade should be profitable. If you can get 3 out of 6 trades to be profitable then you are doing well. How then do you make money with only half of your trades being winners? You simply allow your profits on the winners to run and make sure that your losses are minimal.
Do Not Marry Your Trades
The reason trading with a plan is the #1 tip is because most objective analysis is done before the trade is executed. Once a trader is in a position he/she tends to analyze the market differently in the “hopes” that the market will move in a favorable direction rather than objectively looking at the changing factors that may have turned against your original analysis. This is especially true of losses. Traders with a losing position tend to marry their position, which causes them to disregard the fact that all signs point towards continued losses.
Do Not Bet the Farm
Do not over trade. One of the most common mistakes that traders make is leveraging their account too high by trading much larger sizes than their account should prudently trade. Leverage is a double-edged sword. Just because one lot (100,000 units) of currency only requires $1000 as a minimum margin deposit, it does not mean that a trader with $5000 in his account should be able to trade 5 lots. One lot is $100,000 and should be treated as a $100,000 investment and not the $1000 put up as margin. Most traders analyze the charts correctly and place sensible trades, yet they tend to over leverage themselves. As a consequence of this, they are often forced to exit a position at the wrong time. A good rule of thumb is to trade with 1-10 leverage or never use more than 10% of your account at any given time. Trading currencies is not easy (if it were, everyone would be a millionaire!).
Plus Mini Accounts Include All The Features of a 100K Account Including:
* Instantaneous execution* from live, streaming prices
* Spreads as low as 2 pips
* Competitive Prices
* Slippage-Free execution of stops & limits
* Real-Time charts & news directly from trading platform
* 24-hour online access to exclusive trade ideas
The FXCM Mini account was designed for those who are new to the FX market. The Mini account trades in smaller contract sizes of 10,000 units, 1/10th the size of the standard account. The smaller trade size gives traders the opportunity to trade live with less overall risk or exposure to the market. In addition, the Mini account allows traders to become familiar with FXCM, more specifically the quality and reliability of FXCM dealing practices and the stability of the FX Trading Station.
Develop a Disciplined Trading Strategy
Ask any successful trader and they will tell you that the key to trading success is discipline. Everyone has heard the expression “cut your losses and let your profits run” yet how many traders actually
practice this?
Many traders will hold on to losses hoping it will reverse eventually, only to see the loss get progressively larger. These “irrational” trading decisions are based on emotional reactions to fluctuating
profits and losses, a common pitfall for new traders.
Losses can AND WILL occur. A trader's ability to limit his losses is just as important (or even more important) than determining entry points.
Because the pip value on the Mini Account is just $1 per pip, traders can focus on developing a
disciplined trading strategy, basing decisions on pip movement and market conditions NOT P/L.
Consider the Following Example: When trading a FXCM Mini account, a 30-pip floating loss is
approximately $30. That same 30 –pip move against you on the 100K account now becomes a $300 floating loss. By starting with a Mini account- a trader loses only a small amount on every losing
transaction making it easier to stick to a disciplined trading strategy. Generating larger losses on the 100K account can be detrimental to new traders as the temptation to hold on to the loss is much greater based on the size of the loss.
Start Small. Build Up Confidence
There is NO MAXIMUM trade volume on the FXCM Mini account. Although the standard trade size is 10,000 units – you are not limited to trading one lot! For instance, you can trade 10,000 units, 50,000 units or 150,000 units. This means as you become more seasoned and build up confidence you can slowly increase the size of your positions to maximize your potential.. In fact the trade size of 10,000 units allows for more flexibility in terms of customizing the size of your trade. The ability to customize the size of the trade enables better risk management.
Ideal for Accounts under $10,000
FXCM recommends that all traders with account balances less than $10,000 trade a Mini account. This gives you more staying power in the market, and the ability to take advantage of multiple
opportunities without over-leveraging your account. If you over-leverage your account you will not give yourself room for error. Even if you are correct on the direction of the market, minor fluctuations can generate a margin call and liquidate a good position.
Take a Mini Challenge!
Due to the over-the-counter nature of the FX market, execution varies depending upon the firm you trade with. FXCM has a reputation of providing one of the highest qualities of execution and service in the FX industry. When you trade FX online with FXCM you receive:
* An intuitive and user-friendly trading software
* Rapid execution from live, streaming prices
* Fixed spreads intra-day and night
* Guaranteed fills on stops/limits
But don't just take our word for it. For just $300 you can open and fund a live FXCM Mini account and see for yourself.
New accounts can be up and running in as little as one business day (subject to method of funding). Convenient Funding options are:
* Online Check
* Credit & Debit Card ($10,000 max per month)
* Bank Wire (USD only)
* Paper Check
*Under normal market conditions
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