Showing posts with label trade. Show all posts
Showing posts with label trade. Show all posts

Sunday, February 9, 2014

FXConnection Coming Soon!


 Coming Soon!

Sign up for your trader profile now at www.learnfxc.com.


Who is FXC? 

FXConnection was created for those who are looking to learn how to trade or even improve their trading in the Forex market. We noticed that there is a great deal of information out there which can help you learn what Forex trading is, but none that really could provide guidance in your learning and improvement all online. At FXC we look to give traders the full learning experience through:

 Online Classroom         Group and Private Coaching      Social Trading



Our Goal

Our goal is to keep traders constantly improving and connected through learning, coaching, and social interaction. We believe these three aspects of our services will allow traders to create a strong foundation for trading or continue to build upon their current foundation. We want to help our clients to become  proficient and disciplined traders. At the end of the day, your success is our success.



What Now? 

Our website will launch in the early spring, but that doesn't mean you can't sign up for your FREE membership now at www.learnfxc.com. By doing this you will be able to stay current in updates for the launch of our site, in addition to our promotional offers. The first 100 people to signup will receive a 20% discount for any of our Course or Coaching Packages.

Create your Trader Profile now and Stay Connected! 


Wednesday, January 8, 2014

How To Create A Technical Trading Strategy!

There are several great trading strategies out there. Many traders become mesmerized by the "next great strategy" that they read on a website or  view online. Beginning Forex traders will even spend money looking for an elite strategy. FXConnection wants you to know that building a strategy can be fun, easy and painless! This post will teach you how.

First, look for an entry signal to buy or sell the specific pair that you are making the technical strategy for. It is important that you tailor this strategy for the specific pair and time frame that you are trading because pairs respond differently. The entry signal to buy or sell could be an indicator or price action.

Second, develop money management rules. Risk management is essential for successful trading. Decide where you will place your stop losses and how much capital you will risk every trade.

Third, determine when you want to close a trade. You might have different rules in place for when to close a long trade and when to close a short trade.

Fourth, determine what type of market condition the strategy works well in. For example, Range-Trading Strategies perform poorly in volatile markets, while Trend-Trading Strategies perform poorly in ranging markets.

Fifth, conduct some back testing. Find out what the average winning and losing trade were. Remember that back testing is not always indicative of future performance.

Finally, remember this. It is important to keep your strategy as simple as possible. You should be able to write out your trading strategy so that another trader could follow it without any problems. Happy Trading!

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