Guide to the novice trader over all the essential aspects of foreign exchange, in a fun and


What are the SEC about  this??!?!??!?!?! 11



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Vol-3 A Must Know Before You Start Trading Forex

10
What are the SEC about 
this??!?!??!?!?!
11
Enough! I’m selling out!
And staying out.
12
Good thing I sold 
everything!
14
Told you so.
15
You what???
16
What the hell???
17
More crazies 
who are going to 
get taken to the 
cleaners!
18
This is it! I knew 
this was going to 
happen all along!
19
Drat! I’ll buy in again. It’s 
cheaper than last time 
anyhow.
13
It’s going to tank 
again anyway.

Document Outline

  • Getting Realistic
    • Winners Were Losers Once
    • Forex Trading is Not for Everyone
    • No Short Cuts
    • The Mental Game
  • Money Management
    • Risk per Trade
    • Reward to Risk Ratio
    • Scaling
    • Pyramid Scaling
  • Start Trading
    • Demo Trading
    • Mini Account
  • One More Thing
    • Discipline
    • It’s Not about Being Right
    • Trade to Trade
    • You are relying on the dealer’s creditworthiness and reputation
    • There is no central marketplace
    • Forex Trading is not a Get-Rich-Quick Scheme!
    • Forex trading is a skill that takes time to learn.
    • Do not open a live trading account until you are trading profitably on a demo account.
    • A Chart to Remember

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