Thursday, March 5, 2009

Post No 4: Forex Tester 1.12a review

Forex Tester 1.12 is investment tools software developed by Forex Tester Software.Forex Tester is a Professional Forex Training Software. It is a trading simulator, which allows to make trades on a history data, develop and test trading strategies. Trader can acquire and improve trading skills. The speed of price updating is conveniently regulated, forward and backward options. We believe that it is the best for manual testing of trading ideas based on classical technical analysis. Provides trading statistics, etc.This program is shareware, which means you can download and use Forex Tester 1.12 for free during 30-days trial period. After this period you gonna have to buy Forex Tester 1.12 software for $135.00 or uninstall the program. Forex Tester 1.12 supports different languages (including English). It works with Windows XP/Vista.Latest Forex Tester 1.12 does not contain any spyware and/or advertise modules, allowing installing it with no worries concerning valuable information loss. Our website has thoroughly tested business product Forex Tester 1.12, written the review and uploaded installation file (6288K) to our fast server. Downloading Forex Tester 1.12 will take minute if you use fast ADSL connection.

Post No 5: Triple Screen System

This method applies three screens or windows to every trade. Many trades that seem attractive at first are rejected by one or another screen. Those trades that pass the Triple-Screen test have a higher degree of profitability. The Triple-Screen combines trend-following methods and counter-trend techniques. It analyzes all potential trades in several time frames. Intraday and Daily windows (left window - Intraday window, right upper window - Daily window) have zooming capabilities. It means you can change vertical and horizontal scales of those windows. You can change horizontal scale or graph time by right-clicking mouse. Appropriate menu will appear on the screen and you can select Graph Time in order to change window time.

Monday, February 16, 2009

1 Post No. Here are the reasons card players make such great Forex traders.


1. They are Patient

They wait for the right hand and only play when the odds are in their favour. Contrast this with the bulk of Forex traders who are always in the market or trying losing strategies like scalping. In Forex Trading you don’t get rewarded for trading often, you get rewarded for being right.

2. The Ability to Fold

A fabulous card player will pass hands by when the betting odds are non in his favour and he is also happy to fold when in a hand, if he doesn’t think he will win. He keeps his losses tight and he doesn’t mind dealing them, as he knows his time will follow.

Most Forex traders on the opposite hand simply can’t do this and run losses or get disappointed, as their emotions get involved.

3. Courage at the right Time

The fabulous card player knows when a great hand comes up, he needs to maximize his potential and will milk as much money from it as he can. They are prepared to bet huge amounts and hold on with discipline and win.

Contrast this with the average Forex trader who banks his profit early or bets 2% and thinks he is going to make a lot of money. In Forex trading, you need to hold and profit from long term trends and have enough riding on them to make a great profit.

4. discipline discipline discipline!

You have heard about how serious it is in Forex Trading and it is to take loss after loss as the market hurts your ego and makes you look stupid is hard. Most traders cant do - Professional card players know it’s the key to success and are mentally prepared to do this and know they will hit a home run.

Keep it Simple.

Forex trading is simple and always has been and the huge difference between winners and losers is the correct to keep losses small and bet big amounts when the time is right.

That’s why card players often become multimillionaire traders - there not interested in ego, being clever or Complex - but being able to make money and that’s why this group enjoy Forex trading success.