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It's possible to trade profitably on the Forex, the nearly $2 trillion worldwide currency exchange market. But the odds are against you, even more so if you don't prepare and plan your trades. According to a 2014 Bloomberg report, several analyses of retail Forex trading, including one by the National Futures Association (NFA), the industry's regulatory body, concluded that more than two out of three Forex traders lose money. This suggests that self-education and caution are recommended. Here are some approaches that may improve your odds of taking a profit. Prepare Before You Begin Trading Because the Forex market is highly leveraged -- as much as 50 to 1 -- it can have the same appeal as buying a lottery ticket: some small chance of making a killing. This, however, isn't trading; it's gambling, with the odds long against you. A better way of entering the Forex market is to carefully prepare. Beginning with a practice account is helpful and risk-free. While you're trading in your practice account, read the most frequently recommended Forex trading books, among them Currency Forecasting: A Guide to Fundamental and Technical Models of Exchange Rate Determination, by Michael R. Rosenberg is short, not too sweet and highly admired introduction to the Forex market. Forex Strategies: Best Forex Strategies for High Profits and Reduced Risk, by Matthew Maybury is an excellent introduction to Forex trading. The Little Book of Currency Trading: How to Make Big Profits in the World of Forex, by Kathy Lien is another concise introduction that has stood the test of time. All three are available on Amazon. Rosenberg's book, unfortunately, is pricey, but it's widely available in public libraries. "Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude," by Mark Douglas is another good book that's available on Amazon, and, again, somewhat pricey, although the Kindle edition is not. Use the information gained from your reading to plan your trades before plunging in. The more you change your plan, the more you end up in trouble and the less likely that elusive forex profit will end up in your pocket. Diversify and Limit Your Risks Two strategies that belong in every trader's arsenal are: Diversification: Traders who execute many small traders, particularly in different markets where the correlation between markets is low, have a better chance of making a profit. Putting all your money in one big trade is always a bad idea. Familiarize yourself with ways guaranteeing a profit on an already profitable order, such as a trailing stop, and of limiting losses using stop and limit orders. These strategies and more are covered in the recommended books. Novice traders often make the mistake of concentrating on how to win; it's even more important to understand how to limit your losses. Be Patient Forex traders, particularly beginners, are prone to getting nervous if a trade does not go their way immediately, or if the trade goes into a little profit they get itchy to pull the plug and walk away with a small profit that could have been a significant profit with little downside risk using appropriate risk reduction strategies. In "On Any Given Sunday," Al Pacino reminds us that "football is a game of inches." That's a winning attitude in the Forex market as well. Remember that you are going to win some trades and lose others. Take satisfaction in the accumulation of a few more wins than losses. Over time, that could make you rich!

5 Type Of Stylish Womans Jacket To Warm Your Body In Winter

, Edit

Cold air not only happens in a country with four seasons, sometimes extreme weather also hit a country that only experienced two seasons. To adapt to extreme weather may be a little difficult for ordinary people with just two seasons, therefore following tips some models of jackets are warm but still fashionable

Bomber Jacket

Had become the most popular fashion item in Indonesia throughout the year 2016 because it was worn by the president of Indonesia, bomber jacket can now be relied back to reduce the cold weather around.


Bomber jacket / copyright unsplash.com
Parachute jacket that not only serves as a warmer body from the temperature of the AC in the office and natural cold temperatures around. As it was viral then, bomber can also be a cool jacket of women who want to look charismatic and tough like an airplane pilot.

Jeans Jacket



Often drive two wheels but have a body that is sensitive when exposed to cold air? If yes, of course you will not be strong ojol (motorcycle taxi online) in the night without a jacket in cities where the air is semriwing like Bandung or Malang.


Jacket jeans will make your appearance more charming / copyright unsplash.com
And if you want your lungs to avoid any threat of disease, then the jeans jacket can be his savior. The thick material will block the night wind from piercing the skin to your lungs. The trendy design will also make your style more slang!

Hoodie Jacket



If there is one jacket that is able to "adapt" to different places, weather, or circumstances, then it is a hoodie jacket. This one jacket can bring the impression of sporty, calm, and casual simultaneously.


Sweet Hoodie Jacket / copyright unsplash.com
At least, there are four benefits that we can get from the hoodie jacket, namely:

Protects the head from the rain drops thanks to the existence of the hood.
Protect your head from heat stings even though it runs under the scorching sun.
Affirming privacy when people do not want to be harassed. Just cover the head with a hoodie hood and attach the headset to the ear.
Keep your hands warm thanks to the pocket that is in the middle of the hoodie jacket.

Parka jacket



The initial idea of ​​a parka jacket is to protect the soldier's body from the extreme cold conditions on the battlefield. But as time goes by, parka has its own portion in the human fashion story.


Parka jacket / copyright unsplash.com
Parka jackets are generally created from three main ingredients, namely:

Cotton Twill: Fabrics from fine fibers to accommodate comfort and softness when in contact with skin.
Canvas Cloth: Strong and solid fibrous fabrics to protect the body from wind and friction with foreign objects.
Taslan Fabrics: Fabrics made from polyester fibers to protect the body from water.
Seeing the mix of ingredients, of course parka jacket is very expert to protect body temperature from cold or moist.

Sweater Jacket



Want to keep warm when looking formal or casual? The sweater jacket was created to meet such demand. The main task of the sweater is to give warmth to the people in need. But because it is made from materials and motifs that are funny, sweater can be used as the main capital mix & amp; match formal appearance or casual class.


Sweater Jacket / copyright unsplash.com
Example of mix & amp; match sweater jacket:

Choose a knit knit sweater jacket for a more stylish formal look.
Choose a cotton sweater jacket if you want a more colorful casual look.

Hopely this is help your choice outfits for cold air ...

Article Source : 5 Jenis Jaket Stylish Untuk Menghangatkan Tubuh Kamu di Musim Dingin @ vemale

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