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A blog dedicated to Elliot Wave's News & Tips plus Some Technical Analysis, Investment Review

This Free Report Helps You Improve Your Trading Wi...

Posted March 10th, 2010 at 06:03 pm by aviro25
Filed under: Elliot Wave
Dear reader, You’ve heard the common trading advice: “Successful traders know how to control their emotions, instead of being controlled by their emotions.” ...
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Review of Blogging To The Bank 2010

Posted February 25th, 2010 at 11:02 pm by aviro25
Filed under: Internet Marketing
An Honest Review of Blogging To The Bank 2010 Part of Marketing Insider, you may like or dislike this article, but I do hope that this ...
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Now Available Until Dec 7: Free Fibonacci Trading ...

Posted December 03rd, 2009 at 06:12 pm by aviro25
Filed under: Elliot Wave, Forex
Elliott Wave International has extended their "downloading deadline" for their free 42-Page eBook, How You Can Identify Turning Points Using Fibonacci. The ...
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Trading: What is Spot Market?

Posted April 20th, 2008 at 09:04 pm by aviro25
Filed under: Forex
The spot market always has been the largest market because it is the «underlying» real asset that the forwards and futures markets are based on. ...
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Facts From Forex

Hi guys! So how are you feeling todays? My last topic was a topic about investment program. Actually, I don’t entered many investment programs, currently just 3 investment programs that I’ve in. The first one is Swisscash that claimed their from Swiss Mutual Fund 1948. The second one is a generally HYIP type of investment that is Online-Capital and the last one is the company that I talked in my previous article that is BHG Corp.

Apart from that, usually starting from monday morning, I trade in forex market. I started my forex lesson on March 2006. Begin with knowlegde of currency trading, I bought several e-books from Malaysian mentor, went to many seminars and yet I’m still in amateur class level.

It depends on certain people to succeed. As a prove, I taught my classmate about this currency trading, believe me or not, in about a week. He gained better profits more than what I’ve got without buying any books or go for paying classes. It’s true but you have to remember that 90% of new forex trader lost his or her money in just a blink.

Today after reviewing my portfolio, I got more losses than winning trades, I started to surf around my mentor website. I found this great article and wish to share with you guys.

Here as below:

______________________________________

Every day more and more people from all walks of life are discovering how rewarding a career online currency trading can provide.

Successful FOREX traders have a lifestyle most people can only dream about.

Most importantly FOREX can give you…

FREEDOM

Freedom to do what you want, go where you want and be who you want.

BUT…

Online currency trading is not easy.

In fact most people lose money trading FOREX. Why?

Most people do not treat online currency trading as a business but rather as a game of chance.

They “roll the dice” and hope for the best.

Here is your first FOREX lesson.

There are only TWO types of traders.

1. Traders that are uneducated as to how the markets work
2. Traders that are educated as to how the markets work.

Every trading day the EDUCATED traders continuously TAKE funds from the UNEDUCATED traders.

So what is the first lesson on how to become a successful online currency trader?

Educate Yourself!Education + Patience + Persistence = SUCCESS in FOREX90% of most traders FAIL!only 10% succeed!

why do 10% succeed?
- becoz knowledge give them an edge
- knowledge = profit
- lack of knowledge = lack of profit

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Today’s Quote:

You may be disappointed if you fail, but you are doomed if you don’t try!

 

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5 Users Response In " Facts From Forex "

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JAYNO says in February 16th 2007 at 8:35 am    

Assalamualaikum ID:MYFI00352830 !!!!
Pakcik nak dapatkan No HP untuk dihubungi boleh tak!
Adik ni orang yg ikhlas nampaknye.

aviro25 says in February 16th 2007 at 11:54 am    

pakcik leh email je ke aviro25@cybermoneyinfo.com

dah lama kwn nanti br leh dpt no hp :D

nizam says in February 24th 2007 at 11:43 am    

nedd more info pleeezzz

Angella says in March 6th 2007 at 8:21 am    
aviro25 says in March 6th 2007 at 11:42 am    

did you know why 90% of trader lost in forex?
because they lack of dicipline. they enter market as they gambling on casinos. without knowing the trend, without technical skill they simply put a buy or sell order. that’s why you loose the money. A Good trader still lost money but the profit are bigger than the loss..

please trade forex by learning. not by judging and enter as casino blackjack gambling

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