Things that must be understood in Trading
Forex or Foreign Exchange, or usually called Future Trading is an activity of buying and selling foreign currencies are done to find the difference between selling price and buying price (profit) or profit as expected. In the forex / margin / stock, we can not control how much profit we will get because it depends on our hockey. BUT, we can control how big / small our loss, the most dominant here are risk management (Risk Management) and management of money (Money Management).
Index (currency / exchange) is always moving along with the wheels of the economy of a country, the most fundamental thing is who we are and who the market, if we have been united with the market, clearly the market wants, we will be able to get a better result, this baru2 Japan tried to restrain the rate of its currency strengthening to spend three billion U.S. dollars, why do not we play in it …? My advice is do not fight the market, trying to understand the direction of the market, not only principled expect the market rebounding, you are also reasonable because the experience of formal education for this very limited .., just one or two institutions (foreigners) who opened a special formal education in Indonesia, rose at a cost … the wahh (partially completed education in singapore)
Individual Psychology
There are six of psychology that affect the individual in the transaction:
- Take responsibility for your capital
- Cut your losses quickly and let your profits run
- Discipline
- Too much information
- Do not marry your trades
- Do not bet on this field