OANDA 1080108910871086108311001079109110771090 10921072108110831099 Cookie 10951090108610731099 1089107610771083107210901100 1085107210961080 10891072108110901099 10871088108610891090109910841080 1074 1080108910871086108311001079108610741072108510801080 1080 108510721089109010881086108010901100 10801093 10891086107510831072108910851086 108710861090108810771073108510861089109011031084 10851072109610801093 10871086108910771090108010901077108310771081. 10601072108110831099 Cookie 10851077 10841086107510911090 1073109910901100 108010891087108610831100107910861074107210851099 107610831103 109110891090107210851086107410831077108510801103 10741072109610771081 10831080109510851086108910901080. 1055108610891077109710721103 108510721096 1089107210811090, 10741099 108910861075108310721096107210771090107710891100 1089 10801089108710861083110010791086107410721085108010771084 OANDA8217 109210721081108310861074 cookie 1074 108910861086109010741077109010891090107410801080 1089 10851072109610771081 105510861083108010901080108210861081 108210861085109210801076107710851094108010721083110010851086108910901080. 1048108510891090108810911082109410801080 10871086 107310831086108210801088108610741072108510801102 1080 10911076107210831077108510801102 109210721081108310861074 Cookie, 1072 10901072108210781077 1091108710881072107410831077108510801102 108010841080 108710881080107410771076107710851099 10851072 10891072108110901077 aboutcookies. org. 1042 108910831091109510721077 10861075108810721085108010951077108510801103 1080108910871086108311001079108610741072108510801103 109210721081108310861074 Cookie 108610871088107710761077108310771085108510991077 1092109110851082109410801080 108510721096107710751086 10891072108110901072 10731091107610911090 1085107710761086108910901091108710851099. 104710721075108810911079108010901100 108410861073108010831100108510991077 1087108810801083108610781077108510801103 1042109310861076 1042109910731088107210901100 1089109510771090: ampltiframe src4489469.fls. doubleclickactivityisrc4489469typenewsi0catoanda0u1fxtradeiddclatdcrdidtagforchilddirectedtreatmentord1num1 mcesrc4489469.fls. doubleclickactivityisrc4489469typenewsi0catoanda0u1fxtradeiddclatdcrdidtagforchilddirectedtreatmentord1num1 breite1 height1 frameborder0 Styledisplay: keine mcestyledisplay: noneampgtampltiframeampgt 10581054105610431059104910581045 1042 1057104810571058104510521045 105210584 104210521045105710581045 1057 OANDA 104210891077, 109510901086 107410721084 10851088107210741080109010891103 1074 105.210.584, 1087108311021089 107410891077 108710881077108010841091109710771089109010741072 108010891082108311021095108010901077108311001085108610751086 10821072109510771089109010741072 1080108910871086108310851077108510801103 108910761077108310861082 1080 108210861085108210911088107710851090108510991077 108910871088107710761099 OANDA. 105010401050 105310401057105810561054104810581068 105210584 10541090108210881086108110901077 10901086108810751086107410991081 1089109510771090 OANDA 1080 1074108510771089108010901077 10891088107710761089109010741072 10851072 1085107710751086. 1055107710881077107410771076108010901077 10891088107710761089109010741072 10851072 1089109110731089109510771090 105210584. 1042108610811076108010901077 1074 1089108010891090107710841091 105210584, 108710861083110010791091110310891100 10881077108210741080107910801090107210841080 10891095107710901072, 1080 108510721095108010851072108110901077 10901086108810751086107410831102. 104010421058105410521040105810481047104810561059104910581045 1042104010641048 105710581056104010581045104310481048 105510861089109010881086108110901077 10901086108810751086107410991077 107210831075108610881080109010841099 1080 108710881086107410771076108010901077 108810771090108810861089108710771082109010801074108510861077 109010771089109010801088108610741072108510801077 10741072109610801093 10901086108810751086107410991093 108910901088107210901077107510801081. OANDA MT4 108610731077108910871077109510801074107210771090 108710861083108510911102 108710861076107610771088107810821091 1087108810801083108610781077108510801103 EA (Expert Advisors), 1074 109010861084 10951080108910831077 10861087107710881072109410801081, 109010881077107310911102109710801093 107410861079108410861078108510861089109010771081 109310771076107810801088108610741072108510801103. 10551054105310711058105310671045 1043105610401060104810501048 105510881086107410771076108010901077 107210851072108310801079 10881099108510821072 1080 10801097108010901077 10901086108810751086107410991077 10741086107910841086107810851086108910901080, 108010891087108610831100107910911103 10731086108310771077 501601074108910901088108610771085108510991093 10801085107610801082107210901086108810861074. 10581086108810751091108110901077 10871088110310841086 10891086 10891090108810721085108010941099 10751088107210921080108210861074: 107610771074110310901100 107410881077108410771085108510991093 10871077108810801086107610861074 1080 108510771089108210861083110010821086 1101108210881072108510861074, 1074108210831102109510721103 1087110310901100 108910741077109510771081 1074 108510771076107710831102 10851072 1089107710881074107710881077 GMT2. 10571054104110571058104210451053105310671049 105510511040104310481053 105210584 10551086108310911095108010901077 108710831072107510801085 105210584 107610831103 109010771093108510801095107710891082108610751086 1072108510721083108010791072 OANDA, 1082108610901086108810991081 10741082108311021095107210771090 1074108510911090108810801076108510771074108510861081 107210851072108310801079 10881099108510821072, 10721074109010861084107210901080109510771089108210861077 1088107210891087108610791085107210741072108510801077 108210881080107410861081, 1080108510761080108210721090108610881099 10821072109510771089109010741072 108210881080107410861081, 10721074109010861084107210901080109510771089108210801077 10911074107710761086108410831077108510801103 10861073 108610871088107710761077108310771085108510991093 108210881080107410991093 1080 10741086107910841086107810851086108910901100 108910861074107710881096107210901100 108910761077108310821080 108510771087108610891088107710761089109010741077108510851086 1074 107610721085108510861084 1080108510901077108810921077108110891077. 10431048104110501054105710581068 105210584 105310721089109010881086108110901077 1089109510771090 1089 10921091108510821094108010771081 109310771076107810801088108610741072108510801103. 106910901086 10871086107910741086108310801090 107410721084 1087108810861089108410721090108810801074107210901100 1076108310801085108510991077 1080 10821086108810861090108210801077 1087108610791080109410801080 10871086 10861076108510861081 1080 109010861081 10781077 1087107210881077 1089 10841080108510801084107210831100108510991084 1086107310981077108410861084 108910761077108310821080 0,011601083108610901072. 105710861082108810721090108010901077 10741088107710841103 10791072107610771088107810821080 107710971077 107310861083110010961077 8212 108510721089109010881086108110901077 VPS-108910771088107410771088 OANDA. 1053104010631053104810581045 10581054105610431054104210511070 10541090108210881086108110901077 1076107710841086-1089109510771090. 106910901086 1087108610841086107810771090 107410721084 10881072107910881072107310861090107210901100 10901086108810751086107410911102 108910901088107210901077107510801102. 10541090108210881086108110901077 10881077107210831100108510991081 1089109510771090 109110781077 108910771081109510721089, 1080 10741099 1089108410861078107710901077 109010861088107510861074107210901100 10951077108810771079 108510771089108210861083110010821086 10841080108510911090. 105910731099109010821080 10841086107510911090 108710881077107410991089108010901100 1080108510741077108910901080109410801080. 10631072108910901086 1079107210761072107410721077108410991077 1074108610871088108610891099 106310901086 10901072108210861077 MetaTrader 4 (MT4) MetaTrader 4 (MT4) 8212 110110901086 11011083107710821090108810861085108510721103 10901086108810751086107410721103 108710831072109010921086108810841072 107610831103 Windows-1089 107410861079108410861078108510861089109011001102 10721074109010861084107210901080109510771089108210861081 10901086108810751086107410831080. 10501083108010771085109010721084 OANDA 109010881077107310911077109010891103 1089109510771090 fxTrade 1089 108910911073108910951077109010861084 MT4 107610831103 1090108610751086, 10951090108610731099 10871086108310911095108010901100 107610861089109010911087 1082 108310801094107710851079108010861085108510861081 107410771088108910801080 108710831072109010921086108810841099 MT4, 1082108610901086108810721103 108910861077107610801085107710851072 1089 10801089108710861083108510771085108010771084 1080 10891087108810771076107210841080 OANDA. 105010721082 108410851077 10741086108110901080 1074 MT4 10631090108610731099 10741086108110901080 1074 1089108010891090107710841091 OANDA MT4, 1074107410771076108010901077 10851086108410771088 10891095107710901072 1080 108710721088108610831100, 10871088108010741103107910721085108510991077 1082 107410721096107710841091 10891091107310891095107710901091 105210584, 10791072109010771084 10741099107310771088108010901077 108910771088107410771088, 1082108610901086108810991081 107.410.721.084 108510771086107310931086107610801084. i. 10631090108610731099 1086108710881077107610771083108010901100 10851086108410771088 10891091107310891095107710901072 105210584: ii. 1042108610811076108010901077 1074 1089108010891090107710841091 10851072 10891072108110901077 OANDA. Iii. 1053107210781084108010901077 1711059108710881072107410831077108510801077 1089108810771076108910901074107210841080187 (10871088108610891084108610901088). Iv. 10421099107310771088108010901077 1089109510771090 1089 108710801082109010861075108810721084108410861081 105210584. v 1055108610841085108010901077. 10851086108410771088 107410721096107710751086 10891091107310891095107710901072 105210584 10731091107610771090 1089108310911078108010901100 108010761077108510901080109210801082107210901086108810861084 108710861083110010791086107410721090107710831103. 10501072108210861081 10801079 10891077108810741077108810861074 105210584 1089108310771076109110771090 1074109910731088107210901100 ein. 1057107710881074107710881099 10881077107210831100108510991093 10901086108810751086107410991093 108910951077109010861074: OANDA V20 Live-8212 108610881080107710851090108010881086107410721085 10851072 10741088107710841103 10791072108210881099109010801103 1074 105311001102-10491086108810821077 1080 108710861076107610771088107810801074107210771090 1087110310901100 1076108510771074108510991093 108910741077109510771081 1074 108510771076107710831102. 10481089108710861083110010791091108110901077 1101109010861090 108910771088107410771088, 1077108910831080 10851072 10891090108810721085108010941077 1711059108710881072107410831077108510801077 1089108810771076108910901074107210841080187 107410721096107710751086 10891095107710901072 1080108410771077109010891103 109010771075 v20. Ii. 105510861076107610771088107810801074107210771090 10891095107710901072 MT4 v20 1089 10921091108510821094108010771081 109310771076107810801088108610741072108510801103 iii. OANDA GMT2 Live-8212 108610881080107710851090108010881086107410721085 10851072 10741088107710841103 10791072108210881099109010801103 1074 105311001102-10491086108810821077 1080 108710861076107610771088107810801074107210771090 1087110310901100 1076108510771074108510991093 108910741077109510771081 1074 108510771076107710831102. 105510861076107610771088107810801074107210771090 10891095107710901072 1089 10921091108510821094108010771081 MT4 Hedging-Kompatibilität. Iv. OANDA GMT-5 Live 8212 108610881080107710851090108010881086107410721085 10851072 1087108610831085108610951100 10871086 1074108610891090108610951085108610841091 1074108810771084107710851080 (105710641040), 1072, 107910851072109510801090, 108710861076107610771088107810801074107210771090 6 1076108510771074108510991093 108910741077109510771081 1074 108510771076107710831102. 10531077 108710861076107610771088107810801074107210771090 1092109110851082109410801102 109310771076107810801088108610741072108510801103. b. 1057107710881074107710881099 10901086108810751086107410991093 1076107710841086-108910951077109010861074: OANDA V20 Praxis 8212 10801089108710861083110010791091108110901077 1101109010861090 108910771088107410771088, 1077108910831080 10851072 10891090108810721085108010941077 1711059108710881072107410831077108510801077 1089108810771076108910901074107210841080187 107410721096107710751086 10891095107710901072 1080108410771077109010891103 109010771075 v20. 10531077108107610761076107610801088108610741072108510801103 ii. OANDA GMT-5 Praxis 8212 10851077 108710861076107610771088107810801074107210771090 1092109110851082109410801102 109310771076107810801088108610741072108510801103. 10421085108010841072108510801077: 109010861083110010821086 11031087108610851089108210801077 1082108310801077108510901099 10801084107711021090 10871088107210741086 1076108610891090109110871072 1082 10891077108810741077108810721084 Japan Live-1080 Japan Praxis. 105910821072107910721085108510991077 1089107710881074107710881099 1085107710761086108910901091108710851099 107610831103 10821083108010771085109010861074 10801079 107610881091107510801093 10881077107510801086108510861074. 10501072108210861074 10861073109810771084 108910761077108310821080 1074 1089108010891090107710841077 OANDA MT4 105510881080 1087108610871086108310851077108510801080 10891095107710901072 10741099 108410861078107710901077 107410851077108910901080 10831102107310911102 10891091108410841091 10891074109910961077 1 1076108610831083107210881072 105710641040. 105410761085107210821086 10841080108510801084107210831100108510991084 1086107310981077108410861084 108910761077108310821080 1074 1089108010891090107710841077 105210584 11031074108311031077109010891103 10841080108210881086108310861090 (1000160107710761080108510801094), 1090,1077. 108710881080 108210881077107610801090108510861084 10871083107710951077 50160: 1601 10841080108510801084107210831100108510721103 10891091108410841072 108910761077108310821080 10841086107810771090 108910861089109010721074108010901100 20821130 1076108610831083. 105710641040 1074 10791072107410801089108010841086108910901080 10861090 10801085108910901088109110841077108510901072 (108010831080 1074109910961077 108710881080 10731086108310771077 108510801079108210861084 108210881077107610801090108510861084 10871083107710951077). 106310901086 10901072108210861077 1101108210891087107710881090-10891086107410771090108510801082 10691082108910871077108810901099-108910861074107710901085108010821080 (10691057) 8212 110110901086 108710881086107510881072108410841099, 1082108610901086108810991077 1073109910831080 10881072107910881072107310861090107210851099 10851072 11031079109910821077 MetaQuotes Sprache 4 (MQL 4) 1080 108010891087108610831100107910911102109010891103 107610831103 1072107410901086108410721090108010791072109410801080 1072108510721083108010901080109510771089108210801093 1080 10901086108810751086107410991093 108710881086109410771089108910861074. 106910901080 108710881086107510881072108410841099 107410991087108610831085110311021090 10861087107710881072109010801074108510991081 10901077109310851080109510771089108210801081 107210851072108310801079 1094107710851086107410991093 107610721085108510991093 1080 109110871088107210741083110311021090 10901086108810751086107410861081 1076107711031090107710831100108510861089109011001102 10851072 108610891085108610741077 10871088107710761074107210881080109010771083110010851086 1079107210871088108610751088107210841084108010881086107410721085108510991093 10901086108810751086107410991093 108910901088107210901077107510801081. 104210891102 10881091109010801085108510911102 108810721073108610901091 10871086 109010771093108510801095107710891082108610841091 1072108510721083108010791091 1080 10901086108810751086107410831077 10841086107810851086 10791072108710881086107510881072108410841080108810861074107210901100 1074 10691057. 105410761085107210821086 108010841077108110901077 1074 1074108010761091, 109510901086 107610831103 1079107210871091108910821072 10691057 10851072 10741072109610771084 1082108610841087110011021090107710881077 107610861083107810851072 1073109910901100 10791072108710911097107710851072 108710831072109010921086108810841072 OANDA MetaTrader 4, 108710861076108210831102109510771085108510721103 1082 10891077108810741077108810721084 OANDA. 106310901086 10901072108210861077 1087108610831100107910861074107210901077108311001089108210801081 108010851076108010821072109010861088 1055108610831100107910861074107210901077108311001089108210801081 108010851076108010821072109010861088 8212 110110901086 108710881086107510881072108410841072, 1082108610901086108810721103 10881072107910881072107310861090107210851072 1087108610831100107910861074107210901077108310771084 10851072 11031079109910821077 MetaQuotes Sprache 4 (MQL 4) 1080 1082108610901086108810721103 10881072107310861090107210771090 108210721082 108010851076108010821072109010861088 10901086108810751086107410831080 10851072 108610891085108610741077 109010771093108510801095107710891082108610751086 1072108510721083108010791072. 10581077109310851080109510771089108210801077 1080108510761080108210721090108610881099 8212 110110901086 10841072109010771084107210901080109510771089108210801077 1088107210891095107710901099 109410771085 108710721088 10741072108311021090, 10741099108710861083108511031077108410991077 107610831103 1089108610761077108110891090107410801103 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1088107210791088107210731086109010821080 10901086108810751086107410861081 1090107210821090108010821080 1080 110110821089108710771088109010861074-1089108610741077109010851080108210861074. 1052108610751091 10831080 1103 108710881086107410861076108010901100 108910761077108310821080 10951077108810771079 108410861081 1089109510771090 105210584 1089 107610881091107510801093 10901086108810751086107410991093 10871083107210901092108610881084 OANDA 10421099 108410861078107710901077 1086109010821088109910901100 1080 107910721082108810991074107210901100 108910761077108310821080 10871086 107410721096107710841091 10891095107710901091 105210584, 108710861083110010791091110310891100 10851072108910901086108311001085109910841080 1080 1084108610731080108311001085109910841080 109010861088107510861074109910841080 10871083107210901092108610881084107210841080 OANDA. 1055108810801084107710951072108510801077: 107610831103 1082108610881088107710821090108510861081 1089108010851093108810861085108010791072109410801080 10891095107710901072 1089 10801085109010771088109210771081108910861084 105210584 1080 10741086 108010791073107710781072108510801077 1088107210791085108010941099, 10741086107910851080108210721102109710771081 108.710.881.080 1086108210881091107510831077108510801080, 10901072108210801077 108910761077108310821080 1089108310771076109110771090 108710881086107410861076108010901100 1074 10831086109010721093 108010831080 108410801085108010831086109010721093. 105010721082108610741099 10861089108510861074108510991077 10881072107910831080109510801103 10841077107810761091 1085107210891090108610831100108510861081 10901086108810751086107410861081 10891080108910901077108410861081 OANDA 1080 1087108310721090109210861088108410861081 105210584 ein. 1042109310861076: 10951090108610731099 10741086108110901080 1074 1085107210891090108610831100108510911102 10901086108810751086107410911102 1089108010891090107710841091 OANDA, 1085107710861073109310861076108010841086 108010841103 108710861083110010791086107410721090107710831103 1080 108710721088108610831100. 10631090108610731099 10741086108110901080 1074 1089108010891090107710841091 105210584, 108510771086107310931086107610801084 10851086108410771088 10891091107310891095107710901072 105210584 1080 1091108510801082107210831100108510991081 108710721088108610831100. b. 1045107610801085108010941099 1080 1083108610901099: 10851072 1085107210891090108610831100108510861081 10901086108810751086107410861081 108710831072109010921086108810841077 OANDA 10741099 108410861078107710901077 108710881086107410861076108010901100 10861087107710881072109410801080 1089 108311021073109910841080 1089109110841084107210841080, 1076107210781077 10861076108510861081 10771076108010851080109410771081. 1042 1089108010891090107710841077 105210584 10741099 108410861078107710901077 109010861088107510861074107210901100 109010861083110010821086 108310861090107210841080 (100160000160107710761080108510801094), 1084108010851080108310861090107210841080 (1076107710891103109010991077 1076108610831080 1083108610901072) 1080 10841080108210881086108310861090107210841080 (10891086109010991077 1076108610831080 1083108610901072). C. 1055108610891090108810861077108510801077 1089107410771095108510991093 10751088107210921080108210861074: 1085107210891090108610831100108510721103 10901086108810751086107410721103 108710831072109010921086108810841072 OANDA 108610731077108910871077109510801074107210771090 10751088107210921080109510771089108210861077 10861090108610731088107210781077108510801077 1074108910771093 108910741077109510771081, 10741086107910851080108210721102109710801093 1074 1090107710951077108510801077 109010861088107510861074108610751086 107610851103, 10851072 108610891085108610741077 10891088107710761085107710751086 10791085107210951077108510801103, 10821091108810891072 1087108810861076107210781080 108010831080 10821091108810891072 1087108610821091108710821080 (10871086 107410721096107710841091 107410991073108610881091). 1042 1089108010891090107710841077 105210584 107410891077 10891074107710951080 10861089108510861074107210851099 10851072 1094107710851077 1087108810861076107210781080 1080 10851077 10861073107710891087107710951080107410721077109010891103 1087108610891090108810861077108510801077 1089107410771095108510991093 10751088107210921080108210861074, 10.851.077 1089108610761077108810781072109710801093 10901080108210861074. d. 105710721083110010761086 10891095107710901072, 108610901095107710901099: 10741088107710841103 10861090 1074108810771084107710851080 10841086107810771090 107410861079108510801082107210901100 108510721088109110961077108510801077 1089108010851093108810861085108010791072109410801080 10841077107810761091 10761074109110841103 109010861088107510861074109910841080 10871083107210901092108610881084107210841080, 1080 10901086107510761072 108610851080 1087108610821072107910991074107211021090 108810721079108510991077 107610721085108510991077. 1042 10901072108210861084 108910831091109510721077 10741086 1074108910771093 10881072108910951077109010721093, 1074108210831102109510721103 10791072108210881099109010801077 1087108610791080109410801080 10801079-10791072 1085107710761086108910901072109010821072 10841072108810781080, 108010891087108610831100107910911077109010891103 108910721083110010761086, 1086109010881072107810721077108410861077 1074 1085107210891090108610831100108510861081 10901086108810751086107410861081 1089108010891090107710841077 OANDA. 106310901086 1087108810861080107910861081107610771090 1074 108910831091109510721077 108710861083109110951077108510801103 1086108710861074107710971077108510801103 1086 10841072108810781077 1057108610861073109710801090 10831080 108410851077 108710831072109010921086108810841072 MT4 1086 1083108010821074108010761072109410801080 10841072108810781080 105610721089109510771090 10741077108310801095108010851099 10841072108810781080, 108710881080 1082108610901086108810861081 108510721087108810721074108311031077109010891103 10911074107710761086108410831077108510801077 1080 10741099108710861083108511031077109010891103 10791072108210881099109010801077 1087108610791080109410801080 10801079-10791072 1085107710761086108910901072109010821072 10841072108810781080, 107410891077107510761072 108710881086108010791074108610761080109010891103 108910771088107410771088107210841080 OANDA. 1045108910831080 10851072 10741072109610771084 10891095107710901077 108510771076108610891090107210901086109510851086 1089108810771076108910901074 107610831103 10871086108210881099109010801103 1074108910771093 10861090108210881099109010991093 1087108610791080109410801081, 1089107710881074107710881099 OANDA 1079107210821088108611021090 10801093. 106910901080 107610721085108510991077 10731091107610911090 10871077108810771076107210851099 10851072 108910771088107410771088 105210584 1080 108710881077107610891090107210741083107710851099 108210721082 10791072108210881099109010801077 108410851086107810771089109010741072 1087108610791080109410801081. 1050 108910861078107210831077108510801102, 108710831072109010921086108810841072 105210584 10851077 10801084107710771090 1092109110851082109410801080 10851072108710881072107410831077108510801103 10911074107710761086108410831077108510801103 1086 1085107710761086108910901072109010821077 10841072108810781080. 105410761085107210821086, 10821086107510761072 10.741.099 1074109310861076108010901077 1074 1089107410861081 10901086108810751086107410991081 1089109510771090 OANDA, 10741099 107410801076108010901077 108710861076108810861073108510991077 107610721085108510991077 1086 108910861089109010861103108510801080 1080 108910721083110010761086 10891095107710901072. 105510861095107710841091 108410851077 10871088108010931086107610801090 108910861086107310971077108510801077 171Off Quotes187 106910901086 108910861086107310971077108510801077 10841086107810771090 1073109910901100 1074109910791074107210851086 10851077108910821086108311001082108010841080 108710881080109510801085107210841080: 1. 10531072 10741072109610771084 10901086108810751086107410861084 10891095107710901077 108510771076108610891090107210901086109510851086 1089108810771076108910901074 107610831103 1089108610741077108810961077108510801103 108910761077108310821080. 2. 10531072 10881099108510821077 108510771076108610891090107210901086109510851086 10831080108210741080107610851086108910901080 107610831103 1087108810861074107710761077108510801103 10741072109610771081 108910761077108310821080. 3. 10421099 108710881077107410991089108010831080 108410721082108910801084107210831100108510991081 10861073109810771084 108910761077108310821080. 4. 1057108810861082 10761077108110891090107410801103 107410721096107710751086 108310801084108010901080108810861074107210851085108610751086 1087108810801082107210791072 108710881077107410991096107210771090 108410721082108910801084107210831100108510861077 10791085107210951077108510801077 1074 1001601076108510771081. 5. 1042 105210584 10861090108910911090108910901074109110771090 108710861089108310771076108510801081 109010801082 107610831103 11011090108610751086 10801085108910901088109110841077108510901072 (1074 1101109010861084 108910831091109510721077 10741099 107410891077 10881072107410851086 108410861078107710901077 109010861088107510861074107210901100 1101109010801084 108010851089109010881091108410771085109010861084 10851072 107610881091107510801093 1087108310721090109210861088108410721093 OANDA) . 6. 10421099 108710991090107210771090107710891100 1079107210821088109910901100 1087108610791080109410801102 1074 1087108810801082107210791077, 10.851.077 108910861086109010741077109010891090107410911102109710771084 1087108810721074108010831091 FIFO 105310721094108010861085107210831100108510861081 1092110011021095107710881089108510861081 1072108910891086109410801072109410801080. 1042 108410861084107710851090 10821086107510761072 10741099 108710991090107210771090107710891100 1079107210821088109910901100 1087108610791080109410801102, 10851072 107410721096 10871086109510901086107410991081 1103109710801082 105210584 107610861083107810851086 108710881080108110901080 108910861086107310971077108510801077, 1089108610761077108810781072109710771077 108710861076108810861073108510861077 10881072107910981103108910851077108510801077. 105510861095107710841091 1103 10851077 1074108010781091 1087108810801082107210791099 10741093108610761072, 10881072107910841077109710771085108510991077 10851072 1085107210891090108610831100108510861081 108010831080 108410861073108010831100108510861081 10871083107210710107 OANDA, 1074 1089108010891090107710841077 105210584 105210584 10851077 108710861076107610771088107810801074107210771090 1087108810801082107210791099 10781093108610761072 OANDA, die in der Nähe von OANDA, 1055108611011090108610841091 1087108810801082107210791099 10741093108610761072, 108910861079107610721085108510991077 10951077108810771079 1085107210891090108610831100108510911102 108010831080 108410861073108010831100108510911102 108710831072109010921086108810841099 OANDA, 10851077 1087108611031074108311031102109010891103 1074 1089108010891090107710841077 105210584. 105010721082 17110901088107710811083108010851075 1089109010861087187 10881072107310861090107210771090 10851072 108710831072109010921086108810841077 OANDA MT4 105510881080 108810721073108610901077 1089 10901086108810751086107410861081 1087108310721090109210861088108410861081 OANDA MT4 1087108810801082107210791099 17110901088107710811083108010851075 1089109010861087187 10931088107210851103109010891103 10851072 10741072109610771084 1082108610841087110011021090107710881077. 106910901086 10861079108510721095107210771090, 109510901086 1077108910831080 1087108810801083108610781077108510801077 OANDA MT4 10851077 10791072108710911097107710851086 10851072 10741072109610771084 1082108610841087110011021090107710881077, 1087108810801082107210791099 17110901088107710811083108010851075 1089109010861087187 1086109010891083107710781080107410721090110010891103 10851077 10731091107610911090 1080, 10891086108610901074107710901089109010741077108510851086, 10851077 10731091107610911090 10791072108210881099107410721090110010891103 1085108010821072108210801077 1087108610791080109410801080. 1045108910831080 10741099 109310861090108010901077 1073109910901100 1091107410771088107710851099 1074 109010861084, 109510901086 1074107210961080 1087108810801082107210791099 17110901088107710811083108010851075 1089109010861087187 1086109010891083107710781080107410721102109010891103 1085107710871088107710881099107410851086, 10801093 10831091109510961077 1089108610791076107210901100 10951077108810771079 107610881091107510801077 108710831072109010921086108810841099 OANDA. 10501086107510761072 1103 1084108610751091 10741086108110901080 1074 1089108010891090107710841091 OANDA MT4 1057108010891090107710841072 OANDA MT4 108810721079108410771097107710851072 10851072 10891086107310891090107410771085108510861084 1093108610891090-1089107710881074107710881077 1080 10761086108910901091108710851072 1074 10831102107310861077 10741088107710841103. 105410761085107210821086 107410891077 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OANDA Asia Pacific 1087108810771076108310721075107210771090 108410721082108910801084107210831100108510861077 108210881077107610801090108510861077 10871083107710951086 50160:1601 10871086 108710881086107610911082109010721084 106010861088107710821089. 10551086 108610871077108810721094108011031084 1089 10821086108510901088107210821090107210841080 10851072 1088107210791085108010941091 10871088108010841077108511031102109010891103 10861075108810721085108010951077108510801103 1082108810771076108010901085108610751086 10871083107710951072. 105210721082108910801084107210831100108510991081 108810721079108410771088 1082108810771076108010901085108610751086 10871083107710951072 107610831103 10821083108010771085109010861074 OANDA Canada 109110891090107210851072107410831080107410721077109010891103 105410881075107210851080107910721094108010771081 10871086 1088107710751091108310801088108610741072108510801102 10801085107410771089109010801094108010861085108510861081 107610771103109010771083110010851086108910901080 105010721085107210761099 (IIROC) 1080 10841086107810771090 1080107910841077108511031090110010891103. 105510861076108810861073108510721103 1080108510921086108810841072109410801103 1087108810801074108610761080109010891103 1074 1088107210791076107710831077 1711042109910871086108310851077108510801077 108810771075109110831103109010861088108510991093 1080 1092108010851072108510891086107410991093 1090108810771073108610741072108510801081187 . 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108610751088107210851080109510771085108510861081 1086109010741077109010891090107410771085108510861089109011001102 OANDA Europe Limited 1079107210881077107510801089109010881080108810861074107210851072 1074 104010851075108310801080, 108810771075108010891090108810721094108010861085108510991081 10851086108410771088 7.110.087, 11021088108010761080109510771089108210801081 10721076108810771089: Turm 42, Boden 9a, 25 Old Broad St, London EC2N 1HQ. 104410771103109010771083110010851086108910901100 10821086108410871072108510801080 1083108010941077108510791080108810861074107210851072 1080 108810771075109110831080108810911077109010891103 10591087108810721074108310771085108010771084 10921080108510721085108910861074108610751086 1085107210761079108610881072. 10831080109410771085107910801103 8470 542574. OANDA Japan Co. Ltd. 8212 108710771088107410991081 10761080108810771082109010861088 10871086 108610871077108810721094108011031084 1089 10921080108510721085108910861074109910841080 1080108510891090108810911084107710851090107210841080 1090108010871072 Kanto Local Financial Bureau (Kin-sho), 108810771075. 8470 2137 1095108310771085 1040108910891086109410801072109410801080 1092108010851072108510891086107410991093 109211001102109510771088108910861074, 108810771075. 8470 1571.12 Things I Learned By Being A Forex Trader For the last 6 months, Ive been a forex trader. I started this experience by curiosity, pretty hastily, to be honest, and ended it up abruptly (hopefully, youll realize why by reading this article). It was by far one of the most exhilarating, exciting, emotionally consuming and useful (in terms of lessons learned) episodes of my life. It was also one of the most difficult endeavors I ever started, in terms of energy and effort. What follows is a little list of all the things I learned during these 6 months. But before diving into it, a few introductory words, for those who have no idea what forex trading is in the first place. If you do have an idea about forex trading, you can safely skip the next two paragraphs. Forex Trading 8211 A Primer Forex means foreign exchange rates, and forex trading means buying or selling foreign currencies in pairs. If public companies have shares that you can freely buy and sell on the market, then countries have currencies. Thats the easiest way to understand a currency: its the value of that country in pretty much the same way a share represents the value of a company. Now, a company share value is an expression of what people agree to pay for it, based on a number of criteria: company performance, brand power, rumors and so on. Consequently, a country currency is evaluated against another country currency, based upon a set of criteria too: the economical situation of both countries, political news, media manipulation and so on. In forex, you trade pairs, like selling EUR and getting USD, for instance. There are a few major pairs, EURUSD being one of them, then there are what they usually call crosses, or secondary pairs. In the majors, you find all the big players: GBP (british pound, also known as cable), JPY (the Yen), CHF (the Swiss franc) and so on. I only traded majors, crosses have usually a lower liquidity. Very simply put, forex trading means you can do only 2 things with these pairs: you can either buy some, or sell some. Using whatever capital you want to invest, that is. If you buy, then you expect the price of your pair to be bigger in a certain amount of time. You call that: appreciation. In other words, you expect to get a profit because you predict the price of your currency will be higher. If you sell, then you expect the price of your currency to drop. You call this: depreciation. So basically, you will make a profit by buying back your pair when it will be cheaper then it was when you sold it. Each trade is usually called position. You open a position at a certain price, and set your attitude: if you buy, the jargon says you go long, if you sell, the jargon says you go short (hence the expression of heavily shorting a currency, meaning selling it because of its imminent depreciation). Once opened, each position will generate a profit or a loss, depending on your choice (long or short) and on how the market moves. Lets say you opened a long position on EURUSD for 100, which gave you 80 EUR. The market goes up, so now for your initial investment, you can get back 90 EUR. If you close your position (also known as take profit), you are 10 EUR richer. Suppose the market goes down and your position is now worth 70 EUR. If you close your position (also known as stop loss in this case) youre 10 EUR shorter. You just lost 10 EUR. In a nutshell, thats pretty much all there is to be known about forex trading, at least in order to understand the rest of the article. Of course, these paragraphs are only scratching the surface (literally, the amount of information about forex is ginormous). There are a lot of other things to be known or learned, from technical analysis, (like candlestick charting, price actions, and so on), up to the trading mindset, (like avoiding revenge trades, sticking to a trading plan and so on). This post is not intended as resource for those who want to embrace forex trading (Im not sure I want to write such a post now) but merely as a way to integrate this specific experience in my lifestyle. Forex Trading 8211 The Activity The first thing you need to know about actually trading forex is that this is a 5-days-in-a-row type of activity. It starts Monday at 0:00 and ends Friday at 23:59. During this time, you are almost 100 connected to the market. There are few financial hubs involved in the process, and the most important are (for those trading the majors, that is): London Stock Exchange, New York Exchange and Tokyo Exchange. Forex trading never really stops, so as the world goes round, the price will also be influenced by the specifics of the prevailing financial hubs. The most important part of the day (traditionally) is the overlapping time between London and New York, because you can allegedly get the highest liquidity, hence the most predictable models. There are 3 types of information which are influencing this market: technical analysis, fundamental analysis and news. Technical analysis tries to isolate recurrent or predictable patterns based on past behavior. Fundamental analysis tries to connect the major economical indicators to the value of the currency (from GDP variations, up to more obscure economical data). News are pretty much created by media and politics and these are the most spiky ones, meaning they are creating abrupt variations, making it easy to be caught with your pants off, so to speak. I traded mainly on technical analysis. Meaning I tried to understand chart variations, different price actions and other representation models. Seemed the safest one for me. There are heavy advocates of the fundamental trading, as well as the news trading. In the end, its just a choice. Trading by technical analysis means also that I had to spend a lot of time studying charts and trying to create reliable predictions. In itself, this activity was very rewarding. I learned tremendously and many things I discovered during this process would have never entered my universe, without the risk taken to just dive in. For instance, I learned a lot about harmonic patterns, which are a way to graphically isolate (in various patterns, like 8220the butterfly pattern8221, for instance) the behavior of the market. This stuff only can be applied in many areas of my life. Now, you have a bit of an understanding of what forex trading means. Its time to move on to the actual lessons learned by being a forex trader. 1. You Cant Control Your Life, But You Still Can Take Some Profit From It Nobody can control the markets. But there are a few who are taking a profit from them. Thats one of the first a-ha moments any trader stumble upon. Its also one of the hardest to grasp. In terms of personal development, thats another way to say that life is not fair. It never was, of course. But, in itself, thats not even remotely a reason to stop taking profit from it. The illusion of control is one of the biggest lies our ego tells us. Just because we have a basic understanding of our universe, all of a sudden, we start pretending that we can control it. We start to believe that we can control everything in our lives. To some extent, we can. But the more we pretend we can control everything, the more the Universe is kicking our butts with unexpected events (in the form of what we usually call crises). The lesson: its not about controlling the wave, its about riding it. 2. Make And Use A 8220Stop Loss8221 In technical terms, that means you have to create a specific point at which your losses will be stopped, even if you are around. Its the amount youre committed to lose in that trade. Many beginners dont use stops, and they usually burn their account within a few days (read: go broken). In terms of life that means: nothing is worth everything. If you commit to a certain situation, to a certain project, or career, that doesnt mean you have to stay there forever. Make a short projection of what is the worst that may happen, in the worse scenario, and stick with your plan. If the shit really hits the fan, just leave. Dont wait until youre completely drained out. Or covered in shit (as I8217ve been before, and not only once, because of my overcommitting approach). Theres another day tomorrow, you know that 3. Pick And Stick With A 8220Take Profit8221 Point In technical terms, it means you have to create a point in your position, where the potential profit will be automatically cashed in. If everything goes according to the plan, that is. Many beginners dont use take profit points too, and that also results in an accelerated depletion of their accounts. They think the market will move in their direction for ever. Of course it doesnt. What does this mean in real life It means you have to curb down your expectations. On anything. Its good to have some expectations, just to be able to measure your efforts, but dont hold your breath. Keep everything in perspective. And keep it transparent too. Dont let other people believe youre gonna be there forever (unless, of course, you do want to be there forever). Set a certain point in the future when youll be able to say: thats all that I wanted to do with this jobrelationshipexperiment. Once you reached that point, cash in and move on. In terms of personal development, having take profit points its like saying: ok, I got my paycheck from this experience, now time to move on to the next one. 4. Control Your Emotions Forex trading should be a very detached and cold activity. Alas, it isnt. Were human beings. Apart from the enormous amount of information that he has to process, a trader must also process and control his emotions: frustration, fear, greed, exhilaration. Those who can master this skill are usually the winners in this field. What does it means in real life It means that emotions, as useful as they are as a feedback mechanism, shouldnt be used as the sole foundation for your actions. A little bit of control must be exerted continuously on emotions. Not on how they are formed, but on how they are shaping your real life actions. Imagine someone acting exclusively on emotions. If hes frustrated, he yells, if hes happy, he jumps around. No concern whatsoever for his environment, or for the consequences of these actions. Emotions are fundamental for our own psychological balance and a healthy expression of them is desired. But a life lived on emotions only, without any interest whatsoever for the consequences of our actions, that will be a very sad one. 5. Greed Is Bad Closely related to the take profit lesson, but in a different way. Greed manifests in a trade when the trade is moving in the right direction, but the trader wont cash in, waiting for a bigger profit. Hoping the market will continue to move in his direction enough to generate a profit so big from this unique trade, that his entire life will be set (Im exaggerating, of course). Greed is when we never say thank you for what we have, taking it for granted. Greed is when we do nothing, but we expect everything. Greed is when we think we dont have enough. Greed is when we just wont stop unless we have more and more and more and more. In the forex world, greed is one of the two reasons people are losing money (the other one being fear, see below). In real world, greed is one of the two reasons people are losing life. Livable, balanced life. 6. Fear Is Bad In terms of forex trading, fear manifests the moment you close a transaction too soon, hence not getting enough profit from your trades. Fear makes you lose money by not letting yourself cash enough of what you deserve. I remember that many times I cashed in way before the trade has to reach my take profit point, just to be sure I get something. In real life, this translates into trust. Trust that you judged a set of circumstances well. Trust that you will be rewarded for what you are, not for your momentarily perception. Trust that things will eventually go as you stated. As you may see, it takes a lot of work to balance greed and fear. Both are the engines of the forex trading world, and both are shaping our lives at a very deep, sometimes unconscious level, each and every day. Im not saying its easy to strike a balance. But this experience made it so obvious to me that now I simply cant stop identifying greed and fear in almost any context of my life. Of course, some days are better than others. 7. Everything Takes Time During a trade you may see a lot of swings back and forth. Stay with it. Before stabilizing on a trend, the market moves many times. As long as you calculated your risks right, and the swings are between your take profit and stop loss points, you really have nothing to worry about. In life there are many ups and downs, but as long as youre in the right direction (and you trust yourself totally about that) youll get there. You may have a lot of detours, a lot of stalled moments and sometimes, it may seem that the road is not leading you anywhere. But, as long as you calculated your risks right, and the life swings are between what you can take for a loss and what you can swallow as a victory, eventually, youll get there. 8. Take Risks You cant play safe. Theres no such thing as playing safe in the forex trading business. You should always cover your ass as much as you can, but avoiding risk all together will never work. The only moment when you dont risk in forex is when you dont have any opened position. Which, in other terms, means youre not playing at all. Its the same thing in life. No risk equals no reward. But, as many of you are guessing, I didnt have to get into forex trading to learn that. What I really learned was something more subtle: the risk can be managed. Every risk you take can be calculated and can generate a certain set of results. Another way to put this is: learn to think in scenarios. If I risk that amount, this thing will happen. If I risk the other amount, another set of things will happen. The result will be mind-blowing: instead of feeling like an endless struggle, the life will start to feel like an off-road circuit. Very, very difficult, but manageable, if you pay enough attention to all the bumps and to all the possible routes. 9. Switch Focus Dont get trapped in a single pattern or trade for the entire day. Every trade should have a lifetime. The longer you stay with a trade, or with a single way of trading (a. k.a. system), the deeper youll sink a swamp of indecision, lack of orientation and, eventually, despair. When you get too trapped into something, being it a relationship, a business, a forex trade, you lose balance. Its one of the most difficult things I had to reinforce through forex trading but it still pays off big time for me. As of today, I get to work on 3 big areas: writing (on this very blog, or just books ), coding (for WPSumo and iAdd. at the time of writing this article) and consulting (in areas defined on the Work With Me page). Whenever I feel trapped into one area, I switch. At times, I can almost feel my brains oxygenating Note: right now the third area is managing another business, called Connect Hub, a coworking space and event venue, and my coding activities are limited to what it takes to keep the blog afloat. 10. Get Out Of Shit. Fast Staying in a losing trade and hoping for the market to recover is the worst thing you can do. Its like staying in a relationship that proved to be wrong, and wait for the other person to change. It will never happen. Get out. Of course, there will be losses. But the sooner you get out of that losing trade, the smaller the losses will be. For me, that was the first big moment when I realized forex trading is a very, very difficult business, and you have to embrace it with a very clear mind and attitude. I was guilty of clinging to the past. Like the past was holding everything that my present needed. Of course it wasnt true. The past is dead. The only thing alive is now. If a thing is going downhill in your life, and you feel you are just a victim of the circumstances, take a deep breath, cut the rope, let the rock fall and move again. Believe me, the loss youre gonna get, in financial (or emotional) terms, is peanuts compared to the slavery you would inflict upon yourself by staying in that stupid relationship, or job, or situation. 11. You Dont Have To Be Right In Order To Win This a very difficult lesson. Id say that this may be the most difficult of all. Because it challenges one of your deepest convictions, which is: you have to be right in order for things to move the way you want. But guess what, you dont need to be right. Because life in itself isnt. How you really need to be is in sync. Go with the flow. In forex trading terms, this is usually said as the market is always right. For instance, you may have all the reasons to predict that the market will go up, and yet, the market goes down. You opened a bunch of long positions, based on the assumption that youre gonna be right. Of course, youre not. And you lose. All you had to do in order to win was to go with the market. Or, if were gonna use real life vocabulary, go with the flow. 12. Things Are Not Always What They Seem To Be I traded divergences heavily. In technical terms, a divergence is an indicator of something going wrong with a trend. A divergence is formed when the price seems to go up, but the indicator tells you that this is not exactly right. I wont go into details about why this is happening, enough to let you know that, sometimes, things are not what they seem to be. In real life, for instance, a business may show signs of going strong, with a lot of sales and good karma. But behind the curtain things are not so good: employees are ready to leave the board, or the intellectual property is much thinner than you thought, or, and thats the most common case, the product is already at the end of its life cycle. The fundamental lesson is to always look twice at a process (being it a business, or a psychological process) before deciding youre gonna embark on it, one way or another. There might always be a divergence hidden way below the surface, waiting to hit you the moment you expect this the least. So, if forex trading is so interesting, why did I give up The short answer: because I wasnt prepared. The long answer: because I wasnt prepared, and my emotional control was way below the required standards, and because I couldnt stick with a trading plan long enough to make it count, because I got too entrapped and unglued myself from the normal life (yes, those guys with eyes almost closed, walking like zombies, I was one of them). And because I decided it was enough of a lesson for the time being. Am I going to trade again The long answer: provided that I have the right context, the right skills and the right attitude, I will certainly give it a try in the near future. The short answer: yes. Its way too much fun. Running For My Life - from zero to ultramarathoner The spooky thing about depression is that it sneaks in. There arent really trumpets and loud voices announcing: Hail, hail, this is depression entering the room, all rise Nope. Its slow, silent, creepy. It doesnt even look like depression. It starts with small isolation thoughts like: Maybe I shouldnt get out today, I just dont feel like going out. And then it does the same next day. And then the day after that and so on. And then it starts to whisper louder and louder in your ears: Why would you go outside, you loser Didnt have enough yet Want more people to make fun of how much of a big, fat loser you are And then you start to breath in guilt and shame, instead of air. Every breathe you take is putting more dark thoughts into your body. Until you get stuck. You cant move anymore. At all. If you want to know how I got out of this space, eventually, check out my latest book on Amazon and Kindle. The guy who started all this. Entrepreneur, ultra-marathoner, tanguero, father and risk taker. Im blogging here, but I also spend a lot of time in this marvelous space.. Youre invited, by the way. This Post Has 21 Comments Im still a virgin but I am going to learn trading. I will find my niche and be disciplined. Im a little nervous, but mostly excited that this inspiration matches who I am. I am very interested and and want to be really good at what it takes to do this. As I am reading blogs and watching videos and learning of the different systems I know I will want to become well acquainted with, I came upon your insights and wanted to say thank you. I am taking notes and really appreciate that you shared your ideas. May I ask what systemplatform you liked to work with most back in the day when you traded lol How did you first get into it and how did you come to find the Forex to call home8230temporarily of course Thanks for your time. Namaste I used MetaTrader as a platform and mainly candlesticks and price action. I got into it by curiosity and stayed there because of stubornness. Thanks for the highlights. I8217m trying to find connection between the problem retail traders face and my book which helps alleviates most of it. Lost aka regrets should have went it but didn8217t pull the trigger. Should have taken the profits but didn8217t now negative. Should have8230 Because you didn8217t plan. Greed. Play big and now lost so much. Revenge trade immediately after you lost because you wanna make it back. Because you didn8217t plan. Plan what to do when you win. Plan what to do when you lost. Fear. You lost so much, you start to doubt. You question your system. You question your entry. You expand your stoploss. Because you didn8217t plan. You didn8217t backtest. You didn8217t invest in time to learn the skill rather you play with hope. You play to make money. Thanks for the inside. I really appreciated it. It helps me understand the fear, how to and what if and fruits of labour. I8217m running a beta group. Getting about 10 students to learn about trading Forex using just a smartphone. The guarantee is a 100 return in 10 months or less. If you like I can offer a seat. Thank you for sharing your experience from your 6 months in forex trading. I like the way you write. I do not agree with all of what you write, but that is not the point. Good article My point is that you have written a blog post, which is good for new traders because there are some universal issues at stake here. Another thing I like about your sharing is this Even though you did not stay in the world of trading for a long time, you write about how trading made a huge impact on your way of thinking also on your life outside of trading. That is a very positive thing. I will try to point out some of my thoughts about some of the issues you wrote about in your blog post. I believe it can help some of the new traders, who follow this particular blog post. First: Two lines about myself. I am a forex trader as well as an entrepreneur and teacher, currently living in Greenland. One of the most dangerous aspects of any kind of trading in the modern world is the very easy access. Say a person like to become a trader, he can rush to the computer, open an account and buy a stock or some currency. So 5 minutes after thinking: I like to be a trader, you can trade. Lets take the example a little further. Lets say this person is lucky and he makes 5 trades with a nice profit the first day. Now what will happen is this. This person will feel he is really good at trading. but he is not. he was lucky. So the problem here is this. It is way too easy to start trading. Most of the people have no clue of what they are doing when they go into trading. In your blog post, you describe well the basic things about trading. That is something we need to know, but we need to know something more and the very difficult thing about trading is that many of the crucial thing to learn are contra intuitive. My intention here is not to go into that only to say that there is a big problem with this easy access to the markets today. The consequences of this is that around 90 of all new traders lose 90 of their capital within the first 90 days. This is called the 909090 rule in trading. But to me, it is nothing odd about almost everyone losing because generally people do not prepare for trading most people rush into it and trade for the thrill. This is something we cannot give an adequate answer for, but I believe that about 90 of the information about how to get started in trading is false or misguiding. Just the fact that very few traders realize the conflict of interest between you as a trader and your broker. When you go to a website of a broker, you will see the broker offer information on how to trade. this is like saying to the wolf to take care of the sheeps. To be a good trader, you will only take information from a source with whom you have no conflict of interest. This does not mean that brokers are mean or something like that. Just google a little bit, and you will see a lot of people claiming their broker chased their stop loss. Maybe this can happen, but I believe that most of the time this should just be seen as frustrated traders, who blame a broker. again as a consequence of the easy access to the markets, and as a consequence of the 909090 rule. In a business like this there will be a lot of angry clients. you got out of trading at break even so you were one of the lucky once Many people are left with nothing. Furthermore you write in your blog post, that you need to be connected to the markets non-stop Sunday to Friday. this is not the way I would advise a new trader to do. A broker would be happy for such a trader, because the more you trade, the more commission you pay to your broker. And furthermore we know that it is way easier to get profitable in trading if you are trading on the bigger timeframes we do also know why so many new traders trade all the time, and on the smaller timeframes. If you trade on the longer timeframes you do not feel the thrill the same way because there is much lesser action but this is very the big money are they are not on the smaller timeframes. One thing I sense in your blog post, and a fact that I like is that you have taken some experience from trading and used it in other areas of your life. This is very positive. Many new traders are so obsessed with the money aspect in trading, that they totally forget the learning we can get from trading. The MOST important thing for a new trader to understand is this: You are the asset in trading. You are much more valuable than gold or anything else, if you realize that you are the real asset. If you realize this, the first thing you will do, is to seek out proper knowledge about your business, e. g. trading because by increasing your knowledge, you are also increasing you value. Whatever you invest in your own true financial education will come back to you manifold as long as you have a true understanding of the idea about you-as-the-asset. I agree very much with you about the fact that we cannot control the markets but that is no problem. We can control ourselves, we can control how we position ourselves we can control when to trade, and when not to trade. So as you say, it is very important to know what we can control. The next aspect you write about is take profit point this was interesting, because this is an aspect, which many people have studied, so we know some facts about this subject. We do know that 80 of the traders take profit too early. This means that chances are that you are closing a winning trade to early another interesting aspect with these studies was that most of the new traders did not want to close a losing position. (this is simple to understand and explain, the reason being the moment we close the position we have to admit we were wrong, as long as the position is on, we can say it will turn around again) This has to do with the next thing you write about, control of our emotions. Many people write about this. I believe there is a much better solution to this than to control our emotions. What we can do is this: We make all our decisions before we take a trade, e. g. when will I go in, when will I go out all of this. After we have put on the trade, we leave the computer. This is the great advantage of trading the longer timeframes. You dont have to sit by the computer. When we are in front of the charts, that is when our emotions are most difficult to control. So by sitting less in front of the computer, we put less stress on ourselves. What you say about greed is interesting. In my opinion, we should talk about two different ways of greed. One is good greed and one is bad greed. Good greed is when you like to do good for you and your family without hurting other people. Bad greed is when you like to do well, even if you have to take advantage of other people. Sure, there are a lot more bad than good greed in the world. But to often we see people say greed is a bad thing. I believe greed in the right form is very good. It is to easy to get lazy if we dont have this positive greed. If a new trader has decided to stay in the game and go for the long run, then he should know that trading does not reward safe play if you do not risk anything, then you cannot win anything. But this is not the same as saying trading is like gambling. The good trader knows how to control risk. The good trader know how to control leverage and take advantage of that. Lets take another example. Lets say you like to fly an airplane. This would be very risky unless you are pilot but for the pilot it is not risky because he has been trained in controlling the risk. We can say by using the idea of break even the proper way you are bringing down the risk very much, if you are well educated, financially and you know what you are doing, and why you are doing it, your chances of building your account are much bigger if and when you use, and know how to trade with the concept of break even. In the end, we have to remember the fact that trading is a probability business. It is not about being right, it is about consistently doing the right thing. Most of the time the right thing is very simple but not easy to execute. At the end of the blog post you said you were not prepared. Most people never get to this insight, so that is great to see. God luck with you blog you page is great and I like your clean and easy design. Cheers, Jonbert Davidsen
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