July 2011. Results

-94 pips
-30%

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Trading For The Buzz

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At kickoff besides many trades for the buzz in addition to non for profit. I started belatedly in addition to and thus didn't receive got proper setups thus I imagined things. After 20 addition pips loss I made it all dorsum addition fifteen or thus pips of lucre amongst that gbp/usd merchandise around 11:00. Then I made fault of continuing to trade. It went pretty much downhill. I finished the 24-hour interval amongst xl pips loss or so. I had to become to work. There I opened charts to capture screens for weblog in addition to started trading again. At to the lowest degree I was concentrated. Too bad I had to unopen terminal long at the trendline around 15:50 because I had to deed from screen. But deed upwards started in addition to scalping brought positive day. +3 pips
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Cfd ( Contract For Divergence )

In finance, a contract for divergence (or CFD) is a contract betwixt 2 parties, typically described every bit "buyer" together with "seller", stipulating that the buyer volition pay to the seller the divergence betwixt the electrical flow value of an property together with its value at contract time. (If the divergence is negative, together with thus the seller pays instead to the buyer.) In upshot CFDs are fiscal derivatives that let traders to cause got payoff of prices moving upwards (long positions) or prices moving downwards (short positions) on underlying fiscal instruments together with are oft used to speculate on those markets. For example, when applied to equities, such a contract is an equity derivative that allows traders to speculate on part cost movements, without the necessitate for ownership of the underlying shares. CFDs are currently available inward the United Kingdom, Hong Kong, The Netherlands, Poland, Portugal, Germany, Switzerland, Italy, Sing...
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Order Types: Purchase In Addition To Sell

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There are 2 gild types inwards the forex market: Instant Execution ( on marketplace cost ) Pending Orders - confine too halt orders Market Order A marketplace gild is an gild to purchase or sell at the electrical current marketplace price.The execution of the gild is instantaneous. Limit Orders A confine gild is an gild placed to purchase or sell at a for certain price. The gild essentially contains 2 variables, cost too duration. The trader specifies the cost at which he wishes to buy/sell a for certain currency couplet too equally good specifies the duration that the gild should stay active. Stop orders A halt gild is equally good an gild placed to purchase or sell at a for certain price. The gild contains the same 2 variables, cost too duration. The principal departure betwixt a confine gild too a halt gild is that halt orders are commonly used to confine loss potential on a transaction whilst confine orders are used to operate into the market, add together to a pre-existing positio...
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