FXCM STATION I TRADING | FOREX TIPS | FXCM TRADING | FXCM Practice Account

TIP:

An important tool for learning is the Practice Account...so use it!

The Forex Trade Analyst makes it easy to keep a trading log and to analyze your trades. Even on a practice account.   1. Choose your currency pairs 2. Decide how much risk you are willing to take and how much you want to gain 3. Track the time and date you placed the trade. 4. Keep notes describing your strategy and why you chose to enter the trade. 5. Decide how long you want to stay in a trade (hours, days, weeks, months). 6. Why did you exit the trade? Was it at your stated stop or limit level, or did     you get out for other reasons, etc.? 7. Experiment. Remember, you want to make your mistakes on the practice     account - not with real money!

 

 

FXCM STATION I TRADING | FOREX TIPS | FXCM TRADING | FXCM Practice Account

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

We offer trading analysis software to help you trade FOREX (Foreign Currencies) consistently.
This FOREX trading software does that by allowing easy entering of individual FOREX trades, and presenting the user with
charts and figures with the analysis of past currency trades. The FOREX TradeAnalyzer is a trademark of VIP InfoServices.