Starting out

[cycro]

Hi all,
How can I manage a trade entered as I am not always at my workstation?
(I'm new to Forex and only trade demo at this stage)
Cycro

 

[JDTRADER]

http://www.rockwelltrading.com/341-the-six-mistakes-why-traders-lose-money

 

[JDTRADER]

Hi all,
How can I manage a trade entered as I am not always at my workstation?
(I'm new to Forex and only trade demo at this stage)
Cycro

Have a plan on what price to enter

If you have a plan on entry you should have a Stop Loss and Take Profit target. Some sites have iPhone access to mange you trade on the move. But you should never enter trades from this method.

A good site for Demo and Live trading Forex is Oanda. Bit of a pain getting funds on and off but great for trading plus they have an iPhone app.

Demo: http://fxtrade.oanda.com/forex_trading/fxgame/

Live:
http://fxtrade.oanda.com/forex_trading/fxtrade/

Some great videos on Forex:
http://www.youtube.com/user/InformedTrades#p/p

And its back to school with Baby Pips:
http://www.babypips.com/school/

Trade well

 

[cycro]

Thanks for the heads up.JDTRADER:smart:
I think a great Game Plan is required and I am definitely going to follow it.
Cycro

 

[JDTRADER]

Thanks for the heads up.JDTRADER:smart:
I think a great Game Plan is required and I am definitely going to follow it.
Cycro

Your Welcome