http://www.blogigo.co.uk/SigmaForex_Market en sigmaforextrading sigmaforextrading Fri, 10 Oct 2008 18:24:35 +0200 daily 1 Normal 0 false false false EN-US X-NONE AR-SA MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin-top:0cm; mso-para-margin-right:0cm; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0cm; ... Fri, 10 Oct 2008 18:24:35 +0200 http://www.blogigo.co.uk/SigmaForex_Market/A-Profitable-Forex-Strategy-SigmaForex/8/ http://www.blogigo.co.uk/SigmaForex_Market/A-Profitable-Forex-Strategy-SigmaForex/8/ Normal 0 false false false EN-US X-NONE AR-SA MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin-top:0cm; mso-para-margin-right:0cm; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0cm; ... Fri, 10 Oct 2008 18:02:34 +0200 http://www.blogigo.co.uk/SigmaForex_Market/SigmaForex-How-to-Calculate-Profit-or-Loss/7/ http://www.blogigo.co.uk/SigmaForex_Market/SigmaForex-How-to-Calculate-Profit-or-Loss/7/ Swing trading is one of the best ways to make money in FX trading, it's also a lot easier psychologically than trend following. It's therefore a great way to trade for novice traders. Over the last few weeks we have looked at some live examples: Banked 4 profits scratched one trade at break even and have one open. Let's look at it and another potential opportunity. First why is swing trading an easy way to trade? When we say is easy, we mean psychologically. You get in quick with low pre defined risk and you're normally out in 2 - 5 days with a good profit . This is much easier than long term trend following, in that you do not have to wait for months and see dips eat into your open profit. Long term trend following is highly profitable but requires a lot more discipline. We personally mix the two ways of trading to gain some diversification of style and smooth the equity curve. Swing trading basics. we normally look for important chart support and ... Tue, 09 Sep 2008 05:10:23 +0200 http://www.blogigo.co.uk/SigmaForex_Market/Profitable-Swing-Trading-Live-Example-SigmaForex/6/ http://www.blogigo.co.uk/SigmaForex_Market/Profitable-Swing-Trading-Live-Example-SigmaForex/6/ Market Order A market order is an order to buy or sell at the current market price. For example, EUR/USD is currently trading at 1.2045. If you wanted to buy at this exact price, you would click buy and your trading platform would instantly execute a buy order at that exact price. Limit Order A limit order is an order placed to buy or sell at a certain price. The order essentially contains two variables, price and duration. For example, EUR/USD is currently trading at 1.2045. You want to go long if the price reaches 1.2065. You can either sit in front of your computer and wait for it to hit 1.2065 (at which point you would click a buy market order), or you can set a buy limit order at 1.2065 (then you can walk away from your computer). If the price goes up to 1.2065, your trading platform will automatically execute a buy order at that exact price. Stop-Loss Order A stop-loss order is a limit order linked to an open trade for the purpose of... Thu, 21 Aug 2008 00:59:15 +0200 http://www.blogigo.co.uk/SigmaForex_Market/Basic-Forex-Orders-SIGMAFOREX/5/ http://www.blogigo.co.uk/SigmaForex_Market/Basic-Forex-Orders-SIGMAFOREX/5/ Never Over Trade Your Account The Forex market gives the best leverage of any of the financial markets. Leverage of 100:1 or 200:1 are common and in some cases a person can even get 400:1. We recommend sticking with 100:1 or 200:1, which ever is the default amount from your broker. This generous leverage will allow us to make exceptional returns on our trading. But, it also opens up the potential to lose some or all of our money if we do not trade by some good money management rules. A very conservative yet very effective method of trading is to never leverage more than 2% of your account on any 1 trade. Due to the fact that people want to make money fast they lose site of following good trading rules and developing good trading skills. If a trader wants to make consistent returns on his investment capital then he will follow these simple trading rules. A good rule of thumb is to keep your trades at 5% of your account or less. We recommend you start with a mini account.... Tue, 29 Jul 2008 07:27:59 +0200 http://www.blogigo.co.uk/SigmaForex_Market/SigmaForex-Trading-Advices/4/ http://www.blogigo.co.uk/SigmaForex_Market/SigmaForex-Trading-Advices/4/ Always Trade With a Stop Loss We have heard it said, “The first loss is the smallest.” This means that when you are stopped out at your stop loss this will be the smallest loss as compared to letting it run and thinking the trade will come back. Then when the trade becomes more than you can deal with you close the trade for a huge loss and are happy to have anything left in your account. Losing is a part of trading. Controlling those losses is good money management . A stop loss is as important as a good entry or exit signal. We suggest starting out with a small number of lots, placing your stop loss, then adding on to the trade when it goes in a positive direction. If the stop loss is hit you have only risked a small portion of your account. It is ok to lose if you are in control of the losses. More.... Tue, 29 Jul 2008 07:27:36 +0200 http://www.blogigo.co.uk/SigmaForex_Market/Manage-your-Risk-With-SigmaForex-News/3/ http://www.blogigo.co.uk/SigmaForex_Market/Manage-your-Risk-With-SigmaForex-News/3/ Make Goals That Could Actually Be Achieved With The Skill Level You Have When someone first starts to trade they have a lot to learn. They must first learn the trading platform , terminology, market movement, behavior patterns, when the best time to trade is, fit it into an already busy schedule and the list goes on and on. Two of the biggest lessons to learn are to get over their emotion and greed, or the thought that they have to make money before they develop skills. A good first goal would be to not lose money or just break even. Then strive to have a little profit at the end of the week. When the skills come and a feel for the market is developed, expect to make a larger amount of money each week. Trading is not a race. Trading is a skill developed over a long period of time. Once the skills are developed you can expect to have some hefty rewards. More.... Tue, 29 Jul 2008 07:27:12 +0200 http://www.blogigo.co.uk/SigmaForex_Market/Achieve-Your-Goals-With-SigmaForex/2/ http://www.blogigo.co.uk/SigmaForex_Market/Achieve-Your-Goals-With-SigmaForex/2/ When most traders start to trade they think of entering and exiting trades as the most important part of trading. Then one day it dawns on them that there is more to trading; it is called Money Management . By controlling losses and protecting profits, a consistent building of your account becomes a reality. Trading is just as much about losing as it is about winning. Where the advantage comes in is with proper Money Management . Forex Strategy Secrets has a very effective entry and exit method that enables traders to trade on the side of probabilities all of the time, when traded correctly. Markets move up, down, and sideways and even with the best programs there will be a losing trade once in a while. One thing you must realize is that all professional money managers have losses. They make money by using good Money Management techniques! The thing about traders is that they primarily focus on making money and not preservation of capital or keeping what they have. By making a... Tue, 29 Jul 2008 07:24:43 +0200 http://www.blogigo.co.uk/SigmaForex_Market/The-Magic-of-Money-Management/1/ http://www.blogigo.co.uk/SigmaForex_Market/The-Magic-of-Money-Management/1/