Friday, July 13, 2007

Lesson 5 - trading strategy

amount of capital must be prepared for any trading strategy.

different strategy require different amount of minimum capital.

it is best to open mini account even if you have big capital. because no capital is big enough.

few trading strategies:

1. news trading. (high risk, high return, high loss)
2. carry trade. (low risk, low return)
3. swing trading. (medium risk, medium return, medium loss)

strategies and techniques are slightly different.

techniques are things to consider before you enter your trade.

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