Minggu, 30 April 2017

Five Steps to Success Trading Forex 2017 by Kathy Lien

Download 5 Steps to Success Trading Forex by Kathy Lien : As one trader successful women in our day, Kathy Lien has a myriad of tips that can be distributed to the novice trader. One recommendation contained in the trading book entitled High Profits in High Heels: Secrets from Today’s Top Women Traders. In the compilation work, he not only share impressions and experiences as women traders who are still rare, but also the secret of success with trading the following five steps:

1. Build a Trading Plan
The very first step in creating a trading strategy is the planning. The biggest mistake beginners is trading based on instinct or methods of other traders. Although later works, oriented to the way trading is a “sin”, because you will have difficulty making the same profit when no longer receive “tips” of the trader. Holds Successful traders can not be pinned if you only manage a big profit in a trading position. Therefore, you need to create a strategy that you understand the outside in.
Know Yourself
“In each of my presentation, there is always the question of indicators and time frames are best. My answer is ‘no’.” Thus said Kathy Lien. According to him, all traders have the same profit opportunities, both short-term traders, long-term, teknikalis, or fundamentalists.

The key, find a trading style that suits your personality, and do not try to match your personality with a particular trading style. Know yourself and know if you are impatient, need quick results, like excited look at price movements even though only 10 pips, or relatively more want to take a more relaxed approach and have a long-term perspective.

To find out, you can begin to develop a strategy to answer these three questions:

Is my strategy will be based on the technical, fundamental, or both?
Is my strategy will focus more on trading range or trend?
Time frame what will I use?
For the record, the determination may be based on the time frame you kepibradian. Time frame is great as H1 or more may not be suitable if you are the kind of trader are impatient. Instead, you will have difficulty digesting low volatility in a time frame such as M5 or M15 if you ate a trader who would rather “go slowly”.
Then, you can continue to answer the following three questions:
  1. Pair what I’m going to trade? major or cross?
  2. Will I still hold positions above 5 pm or on weekends?
  3.  Am I just going to buy a pair that gives me an interest swap?

By answering the questions above, you can build the foundation of your trading. Just so you know, there are some strategies that work better in certain pair-pair. For example, the pair EUR / GBP is often chosen for the range trading strategy. This means that the EUR / GBP is more appropriate for the strategy of “buy low, sell high”. Develop a trading plan will certainly be easier if you can identify the characteristics of price movements in a particular pair-pair, and pair it with the right trading setup.

2. Set Money Management
The next step with regard to risk management. Why this should be the second? In fact, to know when the right time to exit is equally important to recognize the fitting moment for entry positions.
There are different kinds of risk management methods that you can use. Here, Kathy Lien did not emphasize where the best way, because it all depends on how you use it. Averaging method, for example, when used with the aim of maximizing profits might be a sweet fruit. But his case is different when applied in this way when you’re loss position, because you can actually increase the risk of loss. For that reason, always know what you will do before opening a position in order to take measures best exit.

Use Trailing Stop
One more tips in determining the exit is to engage the trailing stop. According to Kathy Lien, the forex market is highly trending market. That is, prices can move up to thousands of pips if trending in a certain direction, with little retracement here and there. Because of this many fund managers to be a trend follower. In a trend following strategy, trailing stop has a rather crucial role because it is useful to maximize profit potential while also limiting risk.

Kathy Lien And what about yourself? In this book, he reveals his favorite strategy:
“I like to open several trading positions with the size of the two lots. The first target I usually there is at level” conservative “, or easily achieved. As for the second target, I place with a ratio of 1: 3. When the first target I was touched, I will move stop loss to breakeven level and continually adjust the trailing stop line with the strengthening trend. the principle is, do not ever let a win turned into a loss position. “

3. Test Trading Strategies
After developing the method of entry and exit, the time had come to test the reliability of the strategy. Remember, everything needs to be tested either by the back test and forward test. The best way to make back the real test is to apply a particular coding program. However, not all traders can use it, then we discuss a common way, namely by reviewing the chart. Long time back test usually depends on your trading strategy. The more complicated method you use, obviously the longer the duration of the test.
Only after you have finished doing back test, you can go to a demo account to forward test. This stage is important to run even if you already have the results of a back test. Why? What might happen in theory sometimes not similar to reality. Especially when you use a breakout strategy or trading news, price volatility certainly will not be easily predicted, and find the position of the entry is certainly not as easy as reflected in the results of a back test.

When you’ve managed to achieve a consistent profit in the demo account, then you can move to a live account. In this case, you should not rush, because “class” into a live account before printing the steady gains in a demo account will only bring disaster to you later.

4. Understand Trading Strategies
In addition to choosing a strategy appropriate to the character, you also need to understand the correct trading strategy you use. Not just the way it works, but also what kind of trading results to be imported.
In terms of trading results, there are two kinds of strategies can be identified. The first strategy succeeded in making many positions you end profit, but the amount of profit per position lower. With such a strategy, the number of gains and losses on every trade you more or less equal size. However, since most of your profit position, then figure your overall profit expectations are still positive.

In contrast, the second strategy to make the most of your position was closed with profit. But in a profit, your benefits can be very large in number. Thus, whenever a big profit profits will be able to cover the losses of the loss position. The second type is usually occupied by the strategies of methods breakout and trend following.

Recognizing this side will make it easier to measure the success of trading. Let’s say you take a breakout strategy. After all this time it turned out great profit trading you are not too big, and even failed to cover the shortfall from your loss. Such results clearly indicate the failure of the implementation of the strategy. If you have this, then there is no other way but to go back to the first step.

5. Develop Trading
If you are able to get past the fourth stage, then the next left is development. Although already in the last stage, it does not mean you can relax away. In fact, it is precisely at this stage you need to be tried, because developing a trading is a process that continues all the time.
Learning From Kathy Lien
“Every week, my partner my trading hold a session of self-reflection, where we talk about trading like what we have done. We also discussed the mistakes that we made, is there a pattern of defeat could be traced, or is there something that could fixed “, so said Kathy Lien.

Trader women who had worked in JP Morgan’s own experience of being in dialogue with one trader at an event. “He said that the strategy of his trading very profitable, but there is one outstanding issues; strategy always fails each have a news release. Believe it or not, he asked for advice to me. My answer is simple, if you can profit in a normal market but failed when No news release, then avoid trading in these times. I’m convinced now that the trader has to understand. Although simple, but that sort of thing sometimes need to be submitted with a really clear ahead to be understood “, so he says.
Kathy Lien returned an example by expressing ‘rants’ other traders: “There is a trader who told me that he has not been able to successfully use the strategy of breakout. After I wondered, then caught sitting case. During this time he was looking for a breakout at the end of the American session and the beginning of the session Asia, two sessions the market’s most rare moment of breakout her. I then advised him to adjust the trading hours in the early European session, and only by doing so, the level of profitability increases are significantly, adjustments are small like this is precisely capable of making a difference big”.

Source : https://google.com

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Jumat, 07 Oktober 2016

Smartphone manufacturer headquartered in Taiwan was first released ASUS ZenFone 4, 5, and 6 at the beginning of 2014 ago. And entering in 2016, returned Hp range Android Asus Zenfone 2 series success, especially for ZE551ML series that became the first smartphone with 4GB RAM. Asustek Computer Inc. written with capital letters ASUS, a Taiwan-based company that manufactures computer components such as motherboard, graphics card, and a notebook. Wikipedia Founded: 2 April 1989, Taipei City, Republic of China CEO: Jerry Shen Headquarters: Taipei City, Republic of China Technical support: +886 2 7736 0456 The stock price: 2357 (TPE) NT $ 279.50 -1.00 (-0.36%) July 26 1330 GMT + 8 - Disclaimer Founder: Ted Hsu, T.H. Tung, M.T. Liao, Wayne Hsieh And back dipenghujung 2015, precisely on November 19 ASUS re-introducing and bringing them into the latest variant 7 Indonesia. Starting from the family Asus Zenfone 2 Laser, ZenFone Selfie and ZenFone Max who became the first android phone with a battery capacity 5,000 mAh. Well, for more details please refer to the list price of your new ASUS hp which all run the Android OS. Starting from the family ZenFone 4.5, and 6 is a mainstay in 2015, up to the latest variant of family and ZenFone ZenFone 2 Laser Selfie that use the camera 13MP front.

Download Price List HP Asus Android Latest
 ASUS ZenFone 3 Deluxe
ASUS ZenFone 3 Ultra
ASUS Z1 Titan
ASUS ZenFone 3 ZE552KL
ASUS Zenfone Selfie ZD551KL
ASUS ZenFone Max ZC550KL
ASUS Zenfone 2 Deluxe ZE551ML
ASUS ZenFone Go ZC500TG
ASUS Zenfone 2 Laser ZE550KL
ASUS Zenfone 2 Laser ZE601KL
ASUS Zenfone 2 Laser ZE500KG
ASUS Zenfone 2 Laser ZE500KL
ASUS ZenFone 2 ZE550ML
ASUS ZenFone 2 ZE551ML
ASUS ZenFone 2 ZE500CL
ASUS ZenFone Zoom ZX550
ASUS ZenFone 6 A600CG
ASUS ZenFone 6 A601CG
ASUS ZenFone 5 A500CG
ASUS ZenFone 5 Lite A502CG
ASUS ZenFone 4S A451CG
ASUS ZenFone 5 A500KL
ASUS ZenFone 5 A500KL ASUS ZenFone 4 A450CG

The ASUS ZenFone is a progression of Android cell phones composed, promoted and created by ASUS. It was declared at the 2014 Consumer Electronic Show in Las Vegas, Nevada for the First Generation ZenFone's. The ZenFone highlights the Intel Atom processors and it includes the Android working framework, Asus ZenFone additionally highlights the Asus Zen UI which is a client interface from Asus.The second Generation ZenFone is the ZenFone 2 which comes in 3 distinct models yet conveys the same name.

 Asus Zenfone 4

The ZenFone 4 is the 4-inch WVGA (800&215;480) TFT show model. The ZenFone 4 highlights a 1.2 GHz double center Intel Atom Z2520 saltwell processor, a 5 MP back and 0.3 MP front camera and 1 GB RAM. In any case, ZenFone 4 does not have a LED streak not at all like rest of the models in the ZenFone arrangement

Asus Zenfone 4.5

The ZenFone 4.5 is the 4.5-inch WVGA (800&215;400) TFT show model. Utilizing the same processor as the ZenFone 4 and having 8GB of inside capacity, 1GB of RAM and a MicroSD Card Slot supporting up to 64GB Storage, it improves back camera than the ZenFone 4. The telephone conveys a 8 MP back camera, and utilizations the same 0.3MP front camera as the ZenFone 4 does.

Asus Zenfone 5

The ZenFone 5 is the mid scope of the arrangement and incorporates a 5-inch 1280&215;720 HD IPS show ensured with Corning Gorilla Glass 3. This Zenfone highlights either a Dual-Core Hyper-strung (named Multicore) Intel Atom or a Quad-Core Qualcomm Snapdragon processor, a 8 MP back and 2 MP front camera.
This telephone accompanies 2 GB of RAM in contrast with different models and elements at a focused cost. Be that as it may, a portion of the prior creations of this telephone accompanied only 1 GB of RAM.

Asus Zenfone 6

The ZenFone 6 is the 6-inch 1280&215;720 IPS show phablet. The ZenFone 6 highlights a 2 GHz double center Intel Atom Z2580 processor, a 13 megapixel back camera and 2 megapixel front-confronting camera. The ZenFone 6 is furnished with 8 GB, 16 GB or 32 GB of inward memory, contingent on the variant, outer memory of up to 64 GB, and 2 GB of RAM.

Asus Zenfone 2

The ZenFone 2 was declared at CES 2015. The leader phablet model (ZE551ML) dispatched with Android 5.0 Lollipop running Asus' custom Zen UI and has a 5.5" Full HD (1920&215;1080) IPS show. The telephone is fueled by Intel Atom Moorefield SoCs with up to 4 GB of RAM, a first for cell phones. The telephone additionally incorporates double MicroSIM card spaces, 13/5 MP back and front cameras, a non-removable 3000 mAh Lithium polymer battery, up to 16/32/64/128 GB of inside capacity, and a MicroSD Card opening. Moreover, Asus reported two different models of the Zenfone 2. The ZE550ML accompanies a 5.5" HD (1280&215;720) IPS show, however generally highlights comparable determinations to the ZE551ML. The ZE500CL, the minimal effort variation, accompanies a 5" HD show, an Intel Atom Cloverview CPU, 2 GB of RAM, a solitary MicroSIM space, 8/2 MP back and front cameras, and a 2500 mAh battery. ASUS ZenFone 2 was dispatched in Taiwan on March 9, 2015 - trailed by India, Japan, Indonesia and Thailand In July 2015, the ZenFone 2E was discharged in the United States as a selective paid ahead of time AT&T GoPhone. The ZenFone 2 won the 2015 iF item outline recompense for top configuration in development, ergonomics, and usefulness.

Asus Zenfone Zoom

The ZenFone Zoom was reported at CES 2015 and alongside ZenFone 2, it's one of the main telephones to offer 4 GB of RAM. The details are to a great extent the same as the Zenfone 2, except for the camera. It has a 13 MP at the back alongside 3&215; optical zoom and 12&215; advanced zoom, Real Tone Flash, optical picture adjustment and laser auto-center. It is evaluated at around US$399 for the 2 GB rendition. ZC550KL - Zenfone Max (5.5in, HD 720p, Snapdragon 410, 1.2 GHz Quad-center, 2 GB RAM, 8/16 GB eMMC Flash, 5000 mAH