Article Library

5/26
Ranking
Technical analyzes and strategy is the essential for profiting from trading but not enough for being successful for a long time. Psychology is the factor that impacts our trading the most. I mentioned this in my earlier articles. We may have internal reasons or reasons from outside that impact our psychology, which in its turn impacts our trading. We can be cautious about it or not. For keeping emotion away and achieve stable profitable trading we need to build rules. In this article I will share rules that help to stay successful in trading.
“Trading is not guessing, feeling! Trading is not creativity and breaking rule! Trading is about following rule and recognizing patterns and signals!”

1st rule: Follow the rules!

This looks very simple but it is not! We all have gut feeling that guides us. Sometimes it works but mostly it does not. We tend to think that we are smarter than others and can fool others, even market. We tend to hurry and take earlier decision and then lose. If we don’t want to get surprise move and lose then we have to follow our tested and proven rules.
TIP 1: Read the rules before starting the analyzing the market and second time when you want to open a trad…
Read article
Translate to English Show original
Anton_Bustrov avatar

Good job

MR_KHALEDBADRY avatar

good job

klintons avatar
klintons 31 May

God job !

NataAzov avatar
NataAzov 1 June

Интересная статья!

AndreiLuschkov avatar

Интересно)))

orto leave comments
11/30
Ranking
Hi Pip Warriors,
I am going to share my own trading journey, mistakes and lessons learnt from mistakes in this article. I am working as salaried employee and have big dream of becoming millionaire in short time so my friend suggested to invested in share market because they told me you can make thousands very easily by working 1 to 2 hours in a day so I thought instead working 1 or 2 hours, I will work for full time and become millionaire in couple of months. Finally decided to quit the job but didn’t had investment so borrowed 500K Indian rupees from bank and started full time as stock trader without knowing anything.
Why I want to become Millionaire?
Want to change the life style of people live in my village. Initially thought of becoming government servant and serve the community but it’s not possible due to high corruption. Then thought of joining politics which is not suitable for me because I am not kind of person who used to tell lies, giving false/fake promises to people and break their heart so decided to make good money in trading and to give investment for the people for small/medium/large scale industries.
Finally I have a dream to construct and live like below Mans…
Read article
Translate to English Show original
Anton_Bustrov avatar

))) wow

Anetta_Kliueva avatar

cool idea))

olenka2517 avatar
olenka2517 20 Jan.

very good

miss_natalia_77 avatar

Good ₽)))

alenka27 avatar
alenka27 26 Jan.

Красивые картинки)))

orto leave comments
21/28
Ranking
Important Forex Tips
  • ú Never do revenge trading, if you do, you will end up blowing your account.

  • ú There are times when there is lack of liquidity, or excessive volatility, these are the times in which you shouldn’t trade, because the market at this point is very indecisive.

  • ú Create your own strategy; following the strategy of others will make you feel uncomfortable, which will result in loss of capital.

  • ú Don’t trade news, because 90% of the time it’s impact on the market is uncertain.

  • ú Don’t trade when you are not feeling well.

  • ú Confidence is a good thing in practical life but in trading it kills. Remember, the market is completely random, anything can happen at any time.

  • ú Don’t risk more than 2% on each trade.

  • ú Don't ever feel left out about a missed opportunity. There is always another one, what’s important is that whether you will be there (enough capital to trade) when the next opportunity appears?

  • ú Don’t listen to anyone, do your own homework and follow your own strategy.

  • ú There’s no market secret.

Read article
Translate to English Show original
Lovely_bee avatar
Lovely_bee 18 Oct.

very useful information

olya2517 avatar
olya2517 18 Oct.

very good. thank you

Anton_Bustrov avatar

good job

Yonggi7 avatar
Yonggi7 29 Oct.

It's good! But you can do better!

orto leave comments
10/40
Ranking
Всем доброго времени суток!
Все, думаю, знают что такое верификация. В Dukascopy она существует тоже. Многие люди стараются ее обойти, а некоторые вообще не понимают зачем она здесь и для чего нужно загружать свои собственные документы, даже боятся это делать! Знаю это сама и не по наслышке, много людей меня спрашивали: "Не боишься ли ты что Dukascopy будет знать о тебе всю личную информацию" и признаюсь сама сначала этого не понимала, а ведь истина била так близка.
Зачем нужна верификация? Этим вопросом задавались думаю большая половина здесь зарегистрированных пользователей. В том числе и я по началу. Это один из тех вопросов, который объединяет большинство негативных отзывов и спорных моментов в работе любого брокера. Фактически, новички впервые сталкиваются с верификацией через месяц после регистрации при попытке вывести прибыль со счета.Так какая причина верификации? Почему проблемы верификации на выводе денег беспокоят десятки тысяч клиентов?
И так, главной причиной верификации является защита от потенциального мошенничества! Что бы узнать более подробно о тройной защите вашей персонификации торгового счета посмотрите на список:
[list=1][/list]…
Read article
Translate to English Show original
mariailkiv avatar
mariailkiv 30 Aug.

Archey  thank you very much

mariailkiv avatar
mariailkiv 30 Aug.

timjke1111  much thanks

mariailkiv avatar
mariailkiv 30 Aug.

Petr23  thank you

mariailkiv avatar
mariailkiv 30 Aug.

Dimko1  спасибо огромное

al_dcdemo avatar
al_dcdemo 19 Sep.

Very interesting!

orto leave comments
11/44
Ranking
Если вы хотите стать профессиональным трейдером и иметь постоянный заработок на рынке Форекс, вы должны понимать, как двигаются валютные пары относительно друг друга. Эти знания и навыки особенно полезны именно тем трейдерам, которые работают на валютном рынке. Поскольку все процессы, происходящие на рынке с валютой, взаимосвязаны между собой. Нет ни одной валютной пары, которая была бы независима от других. Когда трейдер знает об этих корреляциях, и о том, в каком направлении происходят изменения, он может эффективно управлять своими средствами.
Корреляцию валют определить очень легко:
Корреляция – статическое отношение между двумя ценными бумагами. Коэффициент корреляции расположен между показателями +1 и -1. Когда показатели корреляции равны +1, это говорит о том, что 2 валютные пары все 100% времени двигаются в одном направлении. И наоборот, если -1, то можно говорить о том, что 2 валютные пары все 100% своего времени двигаются в противоположных друг другу направлениях.
Как же можно использовать корреляцию в своих интересах? Для начала, она может помочь вам избежать входа в две позиции, которые равны между собой. Так, зная, что две валютные пары почти 100% времени движутся в пр…
Read article
Translate to English Show original
Comatose avatar
Comatose 30 June

хорошая статья!

vadim0223 avatar
vadim0223 30 June

good article

vadim0223 avatar
vadim0223 30 June

you are the best

marina2016 avatar

101 лайк в пользу этой статья с моей стороны)

Bodik1996 avatar
Bodik1996 17 July

Цікаво

orto leave comments
4/65
Ranking
We all have seen people in Dukascopy community who has won more than 30k-40k dollar in contests. Some of us felt jealous thinking how smart, lucky or hard working they are. I talked to some of them and let me tell you that not all of them were able to withdraw that money. Winning money in this contest is not the final thing. You should trade enough, 2.5 million (contract size) turnovers to be able to withdraw 100$. Naturally you ask why they are losing this money and how not to lose them? I will try to answer to this question in my article. It will reflect my method which I use for trading my contest money. It is successful for now
1st rule: Respect your contest money
Most of the people look at contest money not as real money but just a tool or chance for gambling. They don’t care about them as they would do for their own real money. It is like karma. The less you will respect the far it will run from you. They more you will respect it, the closer it will come to you.
So respect the contest money you win. Think about it as if it is your own money, last penny that would bring you more money.
2nd rule: Understand risk factor and bypassing it
People tend to risk. There are differ…
Read article
Translate to English Show original
ghfran avatar
ghfran 10 May

intresting

Julia_Drob avatar

What an interesting article! Good job!

anashape avatar
anashape 19 May

great job!

SergeyR avatar
SergeyR 9 June

с экономической точки зрения интересная статья

Tramp avatar
Tramp 30 June

Умный в гору не пойдет, умный будит думать))))

orto leave comments
7/69
Ranking
Scalping is hard. It takes a lot of time, it can be emotionally draining and extremely stressful. And if you’re not careful with your risk control scalping can ruin your trading account. But there’s a time and place for every trading style and sometimes scalping should be your system of choice.
You Need Rules!
Scalping requires a quick mind and fast fingers. You need to have rules for both entries and exits, as well as for your risk management (more on this below). These rules need to be clear, simple and easy to follow. There must be no room for second-guessing yourself or thinking too much. In scalping, there’s just no time to analyse the charts to death and you can’t work out a plan after you enter.
Setting Up Our Charts
Time to setup our charts. My one minute system uses three indicators, two moving averages and one oscillator. For the Moving Average click on ‘Add Indicator’ in your J-forex platform, then open the ‘Overlap Studies’ folder and pick ‘MA - Moving Average’ from the list. The default values here are Simple Moving Average applied to the closing price, so you only need to change the initial value from 30 to 25. Now repeat the same process and add a second SMA with a v…
Read article
Translate to English Show original
fxsurprise8 avatar

miriam1313 Enju OlgaBLR Thank you ladies!

fxsurprise8 avatar

As always, I'm open to any questions you guys might have.

khalidamassi avatar

seemed excellent, good luck

Yulia10 avatar
Yulia10 14 Jan.

very interesting

Sveetlana avatar

well done!

orto leave comments
26/66
Ranking

An important step in the creation and / or use of the developed strategy is to check for compliance between the trading system and your psychology.
Some may be surprised to ask: why is it so important for trade?
The answer is simple...
Forex traders LOVE to break the rules!
All traders of the Forex market are violators of the rules, or were so in the past.
Apparently, the much more easier to break the rules, rather than comply with them, but later about this.
First of all, let's discuss what constitutes a violation of the rules.
To act on your own discretion or based on certain rules?
There is a difference between 100% compliance with the rules of your strategies and following of the trading systems that allow traders to take arbitrary decisions.
The system of strict compliance with the rules of each step in the trade is based on the unquestioning compliance with the rules. If any part of the strategy is not carried out, it is immediately and automatically regarded as a violation of the rules. The advantage of these systems lies in the fact that is easy to assess whether the trader complied with the rules correctly. The downside is that the strategy does not provide for t…
Read article
Translate to English Show original
k9n7 avatar
k9n7 23 Mar.

that's so certainly true!

yellownight avatar

dont move stop - very hard

fx211pips avatar
fx211pips 25 Mar.

very good article! rule no 1 - follow your rules rule no. 2 - look at rule no. 1:)

BilboFX avatar
BilboFX 25 Mar.

Nice article and good reminder !!!

Kivetat avatar
Kivetat 19 Apr.

Very creative job))))

orto leave comments
11/46
Ranking
LETTERS TOA YOUNG TRADER V
From Odradek for mastercandle.
"Respected Master: I am staying stagnant, I tell himI'm not taking all the entries in my trading plan, as much fear I had when
taking entries, usually after a day of lost, and other days I take only few, and those that I take out some losers, and clear entries that do not do are winning, so this does not work well always and forever lose the market”.
Thank you for trusting my, dear Odradek. Here I dedicate afew lines.
Odradek appreciated, you must make the management of theiroperations and their trading plan says, is the only way to achieve consistenc in the markets, and that's the only way to financial freedom.With the strength of the trading plan, fully implement, andI give a lot of discipline, dedication, and enthusiasm, and most importantly psychological concentration. You must be, free and full of harmonics thoughts mind, this is the way to success in the markets. Should do only what tells your trading plan provided without skipping any point without losing anything, otherwise you'll never be able to triumph in the financial markets, and as I said before this only can achieve with discipline, concentration and persevera…
Read article
Translate to English Show original
orto leave comments
25/39
Ranking
Welcome to my Article on Winning the Dukascopy Article Contest After reading this Article you should have a good chance of earning some money for yourself,as well as helping the Dukascopy Community effort The build-up of this Article is as follows:IntroductionSubscribing to the Article ContestFollowing the RulesPromoting your Article Introduction It is going to be fun for me to write an Article for the Dukascopy Article Contest about winning the Article Contest;I'm sure you can appreciate the irony involved here The reasons that I am are simple: There are too little entrants to the Article Contest, seeing the number of active community members on the whole; somehow members are scared or otherwise reluctant to join this contest, and this can only be lack of advertisement, or knowledge of what is involved in writing an Article, as I am sure that there are enough community members with something to say and/or share This great Contest obviously needs a boost - like other Contests have received - because it is a highly valuable part of community knowledge, insights, and (trading) idea's, and I know that we would all benifit from more active members, in more way's than one …
Read article
Translate to English Show original
AdamFx42 avatar
AdamFx42 11 Sep.

Don't worry about that - just write what you feel :-)

Haynes6EU avatar
Haynes6EU 12 Sep.

Useful article. Thanks

Fxtrader500 avatar

Interesting article.

forexgrange avatar

Worthful article...

piter44 avatar
piter44 30 Sep.

+1

orto leave comments
10/34
Ranking
In this Article I would like to share my Poker experience with you and help you achieve a higher, or even winning position in the Dukascopy Poker Contest. "I have won the Weekly-$750 and Daily-$100 Tournaments both once now, and came in third in the Daily Tournament on 26-7-$50" AdamFx42 (Picture: Logo taken from the Poker Contest Webpage, find the poker contest here: https://www.dukascopy.com/fxcomm/poker/ -- Click the 'Play' button to open the Poker environment) In my Article I will discuss: A. The variant of Poker that is played here: Texas No Limit Hold'em - a game that I have been playing online for a couple of years B. Some simple rules to follow as a novice that can help you get a long way in a tournament C. Some personal favorite rules and decisions in tournaments, that are also used by Famous Poker Players that help me win Here we go! A.Texas No Limit Hold'em Poker, also known as Texas Hold'eM or No Limit Hold'eM, is the most popular variant of Poker on-, and off-line, and has been for many years now. To try and explain the game here in detail would be to much, and is not the point of my …
Read article
Translate to English Show original
Faster avatar
Faster 27 Aug.

i like +1

alifari avatar
alifari 31 Aug.

Really helpful for a newbie in Poker like me........... +

Bernny avatar
Bernny 2 Sep.

Hi, Adam. very interesting that you made an effort and wrote this article. Very good. Kind regards

velldes avatar
velldes 10 Sep.

Nice article. Maybe is time for me to play poker... :)

Asmit929 avatar
Asmit929 11 Aug.

Nice article adamfx...it helped me for some time,but as usual I lose my patience and DAAM!!..I realise I lost everything!!

orto leave comments
19/38
Ranking
After I realized that my lack of success in trading was not down to bad luck or an inability to read charts nor even to faulty strategies but mainly due to psychological shortcomings, my next step was to take Eric Clapton's advice: “Before you accuse me (others), Take a look at yourself”. Having been forced to cast a closer look at myself I had to ask two questions: Do I want to continue trading? If yes, then how am I going to progress? To answer the first question I needed to come to terms with yet a more fundamental issue: was trading just another form of gambling or was there a skill involved? Was I entering a trade the way I would place a bet on a number in Roulette, or the Lottery? If not, then what was the difference? Because in the past it seemed to me that no matter how carefully I analysed the charts and fixed my entry point the market did just exactly the opposite of what I thought would happen. After suffering through a few of these experiences there is no way that you don't ask yourself whether it wouldn't be easier to decide on buying or selling by tossing a coin. Of course this would have taken the blame off me and I could have excused myself by saying that…
Read article
Translate to English Show original
Jester avatar
Jester 4 June

Nice article, but one remark. Not J.B. Nash but B.J. Nash ;) And don't forget about "Pain and Pleasure" concept ;) It will help to look inside ourselves.

geula4x avatar
geula4x 18 June

+1 Liked: Nice read. Psychology is one of the most important aspects of trading!

nilsaedagar avatar

Well done)) Just carry on.

orto leave comments
9/35
Ranking
In this article I want to focus on one of the key elements to successful trading, handling your emotions."People don't buy for logical reasons, they buy for emotional reasons" Zig ZiglarEvery book I have read on trading makes reference to controlling your emotions through trading discipline. So why then, if everyone talks about it, do most traders still lose money?Before I explain, first let me point out why I might be considered qualified to talk about this. On average I am up over 16 months on the DUKASCOPY trader contest with a good profit to draw down ratio. I also run an investment company specializing in FOREX that makes people money. I have developed my own Emotional Control System (ECS) which is in essence a set of rules I NEVER deviate from.I will run through in a timeline some of my rules, which I hope you will adapt to your own trading style to make you even more successful. #1 Only Fools Rush In.People open accounts and fund it with money they have for investments with very little experience in trading. You probably know this already but do you know why? The answer is simple, who told you how long to wait or how much you need to study? The desire to manage your own mone…
Read article
Translate to English Show original
Chris_P avatar
Chris_P 15 Jan.

Good article John. Controlling emotions whilst trading is one of the most important aspects which many ignore.

captain avatar
captain 17 Jan.

Good article. I wish you had included some data with the statistics.

jipper avatar
jipper 18 Jan.

Sure, I'll add in some data to support stats on the next article

Likerty avatar
Likerty 25 Jan.

I agree with everything you say. I always said that red pips give the most experience and that one never must stop learning in ANY proffesional activity

SpecialFX avatar
SpecialFX 29 Jan.

Good article, should help most people understand just how much work is needed to actually succeed in Forex, and the kind of mental hurdles you need to overcome :)

orto leave comments
30/43
Ranking
Successful
traders are those who not only know the market mechanisms but also have an
action plan and follow religiously. Since we operate in the market is basically
a process of working with and increase your odds chances, anyone who
participates in the market must make a conscious effort to establish some kind
of structure that offers allows to manage their emotions. If you acknowledge
that you have a issue before you open a position or commitments for long run
you will be better placed to take advantage of debacles potential.
Rules
herein described are not the only, but are usually considered as the most
important. It is assumed that you, this stage, already have some rudimentary
knowledge of the functioning of market and also a method for making operational
decisions. Its method can be of any type, technical fundamental, etc.. The vehicle
is not important provided it has been tested, and feel comfortable with him.
All religions try to take us essentially the same place (ie, the discovery of
truth), but His ways are different. So also are the methods and markets. All
approaches have the profit goal, but each individual has to choose its own
path. It's not worth using a method pr…
Read article
Translate to English Show original
Likerty avatar
Likerty 13 July

a

Likerty avatar
Likerty 13 July

Very strict rules you post here..A lot of dounts and nevers:)

Likerty avatar
Likerty 13 July

But I like it for a try!

scramble avatar
scramble 14 July

i agree in point 1-3-6

OneGoodTrade avatar

I agree with your opinion.

orto leave comments
34/48
Ranking

Part 1I have realised that most traders trade without having a set of rules to follow when trading the market. The amount of traders making money is only 10% and traders loosing money is 90%. Reason for that is a lack of knowledge and education and most importantly no rules and no Risk Management or EquityManagement.This is the First Part of a series of articles that i will post to help traders to execute winning trades. What traders need to take in consideration is that losers are paying the winners. By following these rules, the same ones that i use to this day will help you to improve your trading up to 80% just following the rules and not break them or bend them. I set up these rules because i am a very aggressive trader - and those who are as well it works very well. If you are a passive traders, it doesn't matter the rules apply for anyone, aggressive or passive.21 GOLDEN TRADING RULES
 
1.   
Treat
Trading as a Business!!!
 
2.   
DO NOT
Trade With - Fear, Greed and Fantasy!!! Otherwise DO NOT
TRADE!!!
 
3.   
STOP TRADING when not
following or BREAKING the RULES - Reflect back on WHY you did not follow your rules???
 
4.   
If you feel tempted to enter a position
that does…
Read article
Translate to English Show original
Myprox4x avatar
Myprox4x 4 June

Very good points you have made.

tulasi avatar
tulasi 5 June

yes following those rules is pretty difficult..

lkubanek avatar
lkubanek 19 June

"17. Always Trade 1:1 Risk Reward Ratio!!!"... why?

naiad avatar
naiad 19 June

Good question. I am using 0,5:1 ratio and I cant complain on results

orto leave comments