فوركس ساتو

Please be sure to reread what I wrote about equity management
earlier in . Above all else, never trade money you can’t
afford to lose.
********************forex sato
Many of you, especially those of you new to trading, may think that
this is not “sexy”. Of course you want to catch huge moves (don’t
we all). Don’t worry; I’ll cover some “huge moves” techniques in
this eBook, however most are “little deals”. The aim of this eBook
is to teach you to CONSISTENTLY catch pips, and to make good
profits.
The key word of the above paragraph is “consistently”. If you want
a steady income trading FOREX then you want to be very consistent
(not sporadic).
Most people who are new to trading have unrealistic expectations
thinking they’re going to get thousands of pips per month. Yes, this
is possible (go ahead and try), but realistically you’ll be happy with
far less.
Let’s say you have a job (one of those things you hope to quit) and
can only trade part-time. If you could achieve CONSISTENTLY
200 pips per month then you’d be doing well. This could be easily
accomplished part-time if you catch 10 trades (over all) in a month
for 20 pips. Is this realistic? Yes! Think about it, 200 pips for one
lot is $2,000 (on most currency pairs). Would an extra $2,000 a
month ($24,000 a year) be something you’re interested in? Not
enough? Ok, then trade 2 lots ($4,000/month). Still not enough?
Trade 3 lots, or 4. Bottom line is that if you can CONSISTENTLY
average 200 pips every month then you can determine your own
income by how many lots you trade.
The cover of this eBook states that you can catch $200 to $3,000
multiple times per week. Using the techniques of this eBook you
could do this in several ways. If you trade one regular lot for say 20
FOREX Surfing Draft
pips then that would be $200 (for many currency pairs), if you trade
15 lots (assuming you can afford to do so) then you’d have $3,000.
In this eBook I’ll also show you how to catch waves to “surf” for
bigger trades, like 100+ pips. I’ll even show you how to catch
multiple waves that adds up to 200+ pips total in a wave that may
only be around 100 pips. Doing that then you’d get closer to
catching “$3,000” with far fewer lots.
Initially, when you start please don’t trade multiple lots… only
when you’ve proven to yourself that you can CONSISTENTLY
catch winning trades. NEVER trade more than you can safely
afford to lose. Please read what I wrote about equity management.
The most important statement from the cover of this eBook is that
you can catch these trading opportunities MULTIPLE times per
week. Once you learn the rest of the techniques in this eBook you’ll
see that there are MANY great trading opportunities that happen
each week. You could easily catch a dozen a week and still have
missed many others. By the time you finish reading this eBook I’m
sure you’ll agree.
I hope you’ve already read my short eBook titled “FOREX
Freedom”. If all you were to do is successfully apply what you
learned in that eBook with this one then you’ll be very happy with
the results.
ABOUT RISKS
Please remember to exercise good equity management in all your
trades, never risking more than 2% of your margin account on any
single trade, however if you have a small mini account you may
bend this rule to 5% (or even 10% but this is very risky). For
example, if you have $300 in your account, 2% is $6, equal to 6 pips
loss. Realistically you need to be prepared to suffer 10 to 20 pip
losses with this system, so obviously your risk per trade has to be a
bit higher than professional traders would normally employ. Once
you get your account to $1,000 or more then definitely limit your
risk to only 2% of your margin account on any single trade. Don’t
be greedy and you’ll survive a few losses to continue your gains.
Please don’t trade money you can’t afford to lose.
Let’s talk about risk-to-reward ratios. If you were to place a trade
FOREX Surfing Draft