Sinhala Video Tutorial Website, Computer Courses, ICT, Buy Training DVD and CD

Forex trading in sinhala in Sri Lanka, Foreign Exchange, Internet Business, Forex in sinhala, Learn Forex trading, Free Forex training, Forex in Sri Lanka, Instaforex, FXCC, Forex Trading, Data Entry Jobs, Forex tricks tips and secrets, Forex videos, Invest money, Investment, MT4 software, Make money online, Auto Trading, Lanka Forex, Forex eBooks, Sri Lanka Forex Course.

Waiting for more good posts ahead…. Get your professional Forex signals and Trading signals for free from ForexBot2.

We analyse the Forex market and send out daily Trade signals to your mobile. All that you need is a basic understanding of how currency pairs are traded.

Almost everybody knows that there is constant fluctuation between exchange rates. However, while you can learn forex trading essentially if you start trading on your own, you should seriously consider taking a few lessons from a coach.

Here are a few reasons why: I suggest that you pick the ultimate Forex broker. Hi All, Hope this would help you all to go on with the perfect plan in Forex Trading.

Just give it a shot. ForexTrendy is an advanced software capable of determining the most reliable continuation chart patterns.

It scans through all the forex pairs, on all time frames and analyzes every prospective breakout. Forex trading is much more easier when its traded by an expert advisor and EA Builder allows you to create your own free expert advisor. Sunday, November 6, Learn Forex Trading in Sinhala in Sri Lanka. The key is to find a winning forex strategy and sticking to it.

So, how do you find a profitable forex trading strategy which works best for you?

Here is are some guidelines. There are certain guidelines that any forex trading strategy should follow and these are true for everyone.

These guidelines are called the golden rules of trading. Trend is Your Friend.

Forex in Sinhala: Learn Forex Trading in Sinhala in Sri Lanka

Always follow the trend. Majority of the forex trading strategies and systems concentrates on identifying trends and that is a right approach. Do not try to go against the trend and depending upon the rising or falling trend, choose to go long or short as appropriate. Resisting the trend will result in losing your money in most cases. Goal Setting for Individual Trades. Before you enter a trade set a clear profit goal. This means you know when close the trade and exit.

Sometimes people get greedy and try to stay in there with the hope of making more profits. New forex traders often commit this mistake. They might even get few high profit trades only to see that finally a huge drop in currency price destroying all their funds.

Similarly, if a trade goes against you, do not try to hold on in the hope that the market will turn back your way. In such a case your forex trading strategy should be to cut your losses and get out and when you set proper goal for each trade you know when to quit.

You can also make use of stop losses to do this automatically. Forex trading is of course a risky business.

However risking too much on one trade is a mistake you should avoid. Even experienced traders fall in this trap. You may have strong confidence on a particular trade, but never risk too much money on a single trade. You may feel that nothing will go wrong with that trade, but anything can go wrong in forex trading.

Online E money | E- Money Lanka | Free Online Jobs

So how much risk is too much? The amount of risk depends on your funds and the forex trading strategy you use.

Also remember that if you go with a fixed percentage, as your profits and funds increase the amount of money you risk in each trade will increase.

The above three golden rules will serve as a guideline when choosing the best one from the forex strategies or while developing your forex strategy. Posted by SLTrader at 6: Share to Twitter Share to Facebook Share to Pinterest. Waiting for more good posts ahead…', 'timestamp': Sohidul Islam September 4, at 6: Elson Cade April 22, at 2: Jayathilaka Rathnayaka September 29, at 6: Josbus Truk December 17, at Blogger October 28, at 8: Anonymous November 18, at 4: Blogger February 15, at 6: Blogger February 15, at Newer Post Older Post Home.

Beginners Can Start From Here.. Totally Free Forex Signals from RANRAHAS. No deposit Forex bonus for free Get your bonus without a deposit to try Forex trading without a risk.