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Principles of success
I think many of traders are too much restricted with fundamental and technical analysis. As a trader, most challenging business in the world, one has to educate himself in strategic and tactful leadership. I would like to share one of the middle age principles that established by samurai, Miyamoto Musashi who lived over 350 years ago in 1643. Later the book was adopted to business language by Donal G. Krause His approach and strategies was studied effectively by western and modern Japanese competitive businesses. These tactics are based on seven principles of competitive success where it is applicable to any business including forex trading.
These principles are:

1. Ordered Flexibility

The ideal of ordered flexibility is summed up in the concept of “positioning without position”. It means basically, preparation, assessment and observation of current condition and readiness to act and respond easily to changing environment. In forex, we have to do our homework properly before the trade execution.
2. Execution
Must be well prepared for the windows of opportunities with patience, order and flexibility. Take the moment of advantage. In forex, it basically me…
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valter avatar
valter 19 Mar.

отличная работа!

brilliant avatar
brilliant 24 Mar.

success also is a bless from God

vugarali avatar
vugarali 25 Mar.

nice information

ForexAlyoum avatar

Good Luck

Beto avatar
Beto 28 Mar.

To get success involves too many areas such as psychological, discipline, money management, patience.
Good information.

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                                                       Execution Technique And Risk ManagementI just found this subject interresting for every trader hwo do not know about Technique of execution and how to minimise your risk against the market. Whatever you are a professionel or a beginner you want the money at first because we trade money we want more to growth our portfolio.Money management:Money management in forex trading mean the strategy that make you choose an exact amount for each trade that you open.so we are risking this amount of money form our portfolio then how we build this strategy?the answer is:At first the profit factor of our trades(profit/loss) or profit percent of all trades.That help to choose the technique of money management (percent mongement or simple money manegent)  for exemple if we heve a Profit factor>3=percent money management . because we have profit more than losses that mean for exemple :f                                          Simple money management:Bad PFeposit:1000$ 1day +5%) 2day -4%) 3day -1%) 4day(-5%) Profit=--20$(-2%)Good PFeposit:1000$ 1day +5%) 2day +0.5%) 3day -1%) 4day(+5%) Profit=95$(9.5%)                                        …
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Sam1 avatar
Sam1 1 June

good article+1

Myprox4x avatar
Myprox4x 4 June

good attempt !

LinnuxFX avatar
LinnuxFX 6 June

You need improve you article's presentation to have more point in quality, good luck...

lkubanek avatar
lkubanek 19 June

Ideas are not bad, but try to present them better. It is kind of confusing to put it this way...

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