Author: roman sadowski
We are coming into summer forex trading season on foreing
exchange market.Most of experienced traders would tell you that
this is the worst time to trade anything and the best time to
lose your forex capital.If you have been watching Forex currency
movements you would probabaly notice how much they have slowed
down over the past two month sand how difficult is to make any
pips these summer days on forex market.
Econimic situation is not very stable this summer.It is clear
that nobody really knows what next trading day may bring.Many
financal businesses are off for the summer,interenet activity is
slow and there are not too many people out there in their
offices in front of the screens following forex market.They all
having fun in the hot spots. As a forex trader you will have to
consider all those aspects to plan your summer trading with
confidence. If you wonder what happened to your system or why
the other systems do not perform as good as before this is only
because above reasons.Summer trading is always extremely
difficult and tricky even for most experienced traders. Maybe
the time has cometo change your approach to trading for a while
until they are all back to work in september. There are few
things you could do to wait it throughj and not expose your
account to much damage. First and the most effective is to go on
holidays yourself.There is nothing you can lose this way and we
all need holidays anyway.
If you have no luck to do so and you decided to stay on
trading,there are few tactics you can implement and you may come
out not bad overall. Pick up signal providers with free trials
and demand performance evidence before you join.All providers
with an honest and positive summer results are the way to go .If
thet can make profits in summer so can you.. Review your money
management strategy .Risk less and trade less.Remember this is
going to be difficult now to make profits. Do not trade pairs
which you are not sure off.In other word do not gamble trades..
The big advantage we would like to recommend is to be extra
careful and watch closely your trades.Watch your account balance
and do not let it go down.It will be difficult to build it again
in september. For more information and advice please go to
About the author:
For more information and advice how to trade in summer please go
to
www.forextradingwins.blogspot.com
Monday, August 4, 2008
Summer Forex Trade.Advice.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment