1     
Abstract
Is forex trading really possible for everyone who is
interested in the currency market? Yes, it is. But you have to create a
specific trading strategy which is in line with other parts of your life, like
your job, activities and especially your family.
2     
How to deal with forex market as an “ordinary” people
If you are not a professional full-time trader you
have to fulfill your daily work, so your timeframe to act on the forex market
will be relatively short in comparison to a professional trader, because you
are on work for about eight or more hours.
As I was a student, I traded a lot. It doesn’t matter
to me if there was on a daily chart, eight hour or five minutes timeframe. I
was using the “parabolic SAR” to place my stops, this means I had to adjust my
stop-loss every five minutes, half hour or whatever. Now I have to deal with a
job and this strategy isn’t working anymore, because it is impossible for me, to
trail the stops manually to the next point of the SAR.
3     
The magic of trailing-stops
What is the advantage of trailing stops? Of course,
everyone knows that this little function turns your stop-loss-level in
direction of the market, when the mark…
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