Three Common Mistakes in Forex Trading

Forex trading can be a very profitable feat. Every year, there are more and more people making profit from the Forex markets. If you take your time and work hard at learning the skill of trading, there is a very good chance you can become one of these people and become financially independent.

It is not a get rich quick market however. It actually does take time and hard work to master the skill. This is a disappointing fact to many newer traders, but if you avoid the following mistakes, you can potentially cut years off of your learning curve.

The first mistake that many new traders make is not testing out their Forex trading strategy. They read about a system on some forums and decide that it's the right system for them and start trading real money with it. Unfortunately, even if the system is profitable, it will be very hard to have the confidence to make intelligent decisions once in the trade if you have not tested it out for yourself.

If you read about a trading method that you are interested in, you need to do your due diligence and test it for yourself. Once you can see that it is in fact profitable, your confidence in that method will increase tenfold and even if you take a couple of losing trades it will not bother you because you have proven in your testing that it works!

Another mistake that traders make is that once they have a losing trade or a string of losing trades, they ditch their current strategy to look for a "better" one. This ties back into the previous point. If you have proven to yourself that the method is profitable, then why would you look for another method? The fact is that every system or strategy will have losing trades. It is bound to happen. Just because this occurs does not mean that you need to change strategies!

You need to give your method time for its edge to work out. Some traders do this for years searching for the "perfect" system. Unfortunately they will eventually realize that they have wasted a lot of time that they could have been using to become profitable with a single trading strategy.

One more very common mistake among many traders is that they risk too much per trade. They have read about a system and feel that they understand it completely so then they jump in the market risking 10% or more of their account hoping to strike it big. Again, trading does not work like this. Imagine the emotions you would go through if you lost 10% of your account on a single trade.

Not to mention the nervousness you would feel while you are in the trade, whether or not it's losing. This is simply too much risk to place on a trade. Most professional traders don't place anywhere near that amount of risk. Professionals typically risk 1 to 3% on their Forex trades. If professionals who have been doing this for years risk just 1 to 3%, then you would be wise to do the same!

There can be a large learning curve to Forex trading. However if you avoid these mistakes from the beginning, you will be able to cut that learning curve down significantly and be trading profitably much faster than the average person. Treat Forex trading like a business and you have a good chance of becoming profitable.

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Admin

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ONNO PURBO: INTERNET IN INDONESIA IS FAR FROM ENOUGH

JAKARTA, KOMPAS.com - Indonesian information technology experts, Onno W Purbo assess the availability of Internet access in Indonesia is still far from enough. 

He estimates that only about 20 percent of Indonesian citizens who can enjoy Internet access. While the rest is still difficult to reach such access.

In fact, according to Onno, the United Nations stated that internet access is a human right. 

"So the Ministry of Communications and Information Technology actually violated human rights. Definitely dizziness him directly," joked Onno laughing when filling segment of "Sharing Science and Technology" in the event Smesco Kompasianival in Smesco building, Jakarta, Saturday (10/08/2016). 

Onno said the government never targeting 50 percent of Indonesia already use the internet. In fact, until this year, the target is not met. 

"It's 2015. It's not appropriate target," said Onno. 

Onno hope Kemenkominfo could soon increase the spread of Internet usage up to the village and corners. 

For information, the government passed the Palapa Ring is preparing a program for distributing Internet access to all corners of Indonesia. (Read: 10 Years stalled, the Palapa Ring Project Targeted Completed 2018). 

According to Onno, there is a way "cheating" so that people in remote areas can get Internet access. With easygoing style and eccentric, he revealed the trick to build Internet networks in rural unreached internet provided by the government. 

"Easy technique, capital is not expensive and not complicated. There is no need to use advanced tools as well," he said. 

Enough to buy an antenna that looks like a TV antenna and antenna unanimous. Is then connected so that a repeater. Component price is quite affordable and can be purchased at electronics stores. For 3G networks, the price of the antennae can be more expensive. 

The solution is meant by Onno is Open Base Transceiver Station, or shortened OpenBTS. OpenBTS is a software-based GSM BTS device, which allows mobile phone users to call and surf without using the mobile network operator. 

"The signal is good, but this is unlawful," said Onno laughter from the participants. 

Telecommunications equipment was never applied in Wamena, Papua. Onno said, because it is easy to get the ingredients and operate it, the elementary school teacher can assemble. (Read: Basics Assemble OpenBTS ala Onno Purbo)

 However, once again reminded that the way to assemble Onno is not justified by law.@@STFXPCM@@

                         

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Admin

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73 PERCENT OF EMPLOYERS ARE NOT HAPPY WITH THEIR JOB

JAKARTA – JobsDB, a  Portal job in Indonesia conducted a survey of workers in Indonesia. The goal is to determine the level of happiness of workers in Indonesia.

The survey showed that as many as 73 percent of respondents were not happy with their jobs now. From the number of respondents who are not happy, 26 percent of them admitted feeling very unhappy because of salary, bonus given facility and the company is not in accordance with the workload.

Not only that, the survey said workers are unhappy because the career path is slow, lack of employee development program, and are not satisfied with the systems and work processes adopted by the company.

The survey is part of a campaign titled happy JobsDB is a better job held in May 2015. In addition to those who claim not happy, there are as many as 72 percent of respondents felt happy with his work for the satisfaction and comfort in the work underwent a major factor to continue to feel happy in the office.

In addition to the satisfaction and comfort factor, other factors that influence the good relations with colleagues and their superiors.

note, the survey followed by Indonesia with 2,324 respondents in the field of work and diverse career level. A similar survey conducted in several countries such as Hong Kong, Singapore and Thailand with a total of 7278 people correspondents.

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Admin

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NASA SELECT INDONESIAN YOUTH FOR FOR RICE EXPERIMENT IN SPACE

Metrotvnews.com, Jakarta: The Indonesian youth make  an experiment that ultimately selected by the space agency’s of the United States (US), NASA.

Their experiment was  studying about  the growth of rice and yeast to make tempeh in zero gravity in the space station.

Robert J.Blake told reporters in At American, Pacific Place, South Jakarta, Sunday, as US Ambassador to Indonesia, said "Young Indonesia is very accomplished and proud. They made a very remarkable study," (04/17/2016 )

He revealed that the research undertaken Indonesian children selected by NASA this is one form of US cooperation with Indonesia.

"The scope of cooperation is increasingly widespread Indonesia is strengthening cooperation with the United States," said Ambassador Blake.

Ambassador Blake also added that the science and technology aspects are important aspects of this relationship between the two countries.

The Indonesian children whose experiments chosen by NASA is a student of SMA Superior Del Lake Toba is the foundation of the Coordinating Minister for Political, Legal and Security Affairs, Luhut B. Panjaitan. Menkopolhukam also participated in this event.

Tim Rice experiment is a team that comes from the school foundation Menkopolhukam. While the team is a combination of yeast experiments students from Jakarta, Bandung and Jayapura.

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Admin

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STORY OF A TREE LUMBERJACK

Once, a timber merchant accepting an application of  an employee to cut down trees in the forest. Because of the promised salary and working conditions would be accepted very well, the candidate the woodcutter was determined to do his best.

When starting to work, the employer gives an ax and show the work area should be completed by the target time has been set to the woodcutter.

The first day of work, he was success  to knock down 8 trees. At the afternoon, to hear the work of the bush, the employer is impressed and give praise with a sincere, "results of your work is amazing! I am very impressed with the ability to cut down trees. There has never been like this before. Continue to work like that ".

Highly motivated by praise his employer, the next day the loggers to work even harder, but he only managed to knock down 7 trees. The third day, he worked even harder, but the results are still not satisfactory even disappointing. The increasing of the day, the less trees that successfully torn down. "It seems I have lost the ability and strength, how I can account for my work to the employer?" The woodcutter thought ashamed and desperate. With her head bowed facing the employer, apologizing for the work inadequate and complained did not understand what had happened.

The boss listened and asked him, "When was the last time you sharpened your ax?"

"Sharpening the ax? I do not have time for that, I'm very busy every day cutting trees from morning to evening with a vengeance ". Said the loggers.

"Well, this is where the problem is. Remember, your first day of work? With new ax and sharpened, then you can cut down a tree with outstanding results. The next few days, with the same energy, using the same axes but not sharpened, you know, the result is decreased. So, no matter how busy, you should take the time to sharpen the ax, so that every day working with the same energy and maximum results.

Now start sharpening your ax and get back to work! "Ordered the employer. With a nod-nod your head and give thanks, woodcutter passed before his employer to start sharpening the ax.

Just like the woodcutter, we are every day, from morning till night, as if trapped in a routine pattern. Busy, busy, busy, so often forget the other side is equally important, namely a short break to hone and fill new things to add to the knowledge, insight and spiritual. If we were able to set the rhythm of events like this, surely our life will be dynamic, resourceful and always new!

Stefan SK
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Admin

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8 Motivating Quotes to Inspire Your Monday

Sometimes we all need a little reminder to seize the day.

Your primary source of motivation should always come from an intrinsic desire. No video or speech or book will ever carry you through the arduous journey to making your dream become a reality. It has to come from you and you only.

Here are 8 quotes I come back to time and time again, reminding me that "success" is not a destination, but a mindset and a habit:

1. "If you want to be an anomaly, you have to act like one." - Gary Vaynerchuk

If you want to be great, act great. If you want to be skilled, acquire skills. If you want to be a leader, lead. If you want to build something, start building today.

If you want to be the embodiment of the vision you hold in your mind's eye, then you need to start acting like it. And you know what? That person you are imagining probably doesn't hate Monday mornings. They live for Mondays. They live for opportunity, and work ethic, and hustle, and living in a constant state of improvement and practice.

Don't talk about who or what you want to become. Just start acting like it.

2. "Have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary." - Steve Jobs

I know the Steve Jobs quotes are overrun at this point, but this one in particular has always stuck with me.

Deep down, you already know the answer. You always do. The question is whether or not you have the courage to listen and believe in that little voice inside you.

The people that listen to themselves live extraordinary lives. The people that don't spend eternity looking for someone else to tell them what to do and who to become.

3. "If I had nine hours to chop down a tree, I'd spend the first six sharpening my axe." - Abraham Lincoln

Funny how little we talk about the importance of preparation. The world is so focused on the next thing that needs to get done, instead of taking a step back and questioning what needs to be or should be done first in order to be more successful in the long term.

Like a warfare strategist, don't rush into battle. Gather your resources. Survey the landscape. Prepare yourself before you start churning and burning. The more prepared you are, the more likely you will be to succeed.

4. "If you truly love life, don't waste time. Time is what life is made of." - Bruce Lee

How you spend your seconds, minutes, and hours defines what your life ultimately becomes.

The key here is not to "do more" or "work harder." Sometimes doing less is what ends up producing better results. The key, however, is to be intentional. Every action holds value, every choice leads to another choice. Be intentional with the way you spend your time, and do not take for granted the power of each decision.

After all, the little decisions added together end up creating a big result.

5. "Obstacles are those frightening things you see when you take your eyes off your goal." - Henry Ford

From one perspective, challenge is seen as a horrible inconvenience. From another perspective, challenge is the mask behind which opportunity hides.

As the philosopher Marcus Aurelius often spoke of (which inspired Ryan Holiday's book), "The Obstacle Is The Way," this means where there is challenge, there is a lesson. And chances are, that lesson is what you need to learn next in order to move forward.

Do not get discouraged. Instead, re-frame the situation to see the positive.

6. "If someone offers you an amazing opportunity and you're not sure if you can do it, say yes, and then figure out how to do it later." - Richard Branson

This is the mentality of every entrepreneur. It's not about knowing the answer. It's about knowing that, no matter what, you are capable and you will find the answer.

A big part of the process is about leaping into things before you're ready--because the truth is, you'll never be ready. And the faster you fall on your face and get back up, the faster you'll learn what you need to learn so that you can get on with things.

Don't be afraid. Be tough.

7. "My attitude is that if you push me towards something you think is a weakness, I will turn that weakness into a strength."

Constant improvement comes down to the perspective that the things you are weak at are gifts that keep on giving--because as long as you are weak in that area, you will continue to try to improve, and you will continue to get better and learn.

Reinvention is rarely the result of improving the things you're already good at. Reinvention is what happens when you add to your canvas an assortment of skills, textures, colors, and messages you didn't have before. It means discovering new parts of yourself--which are always "weak" at first, because they're new. And then over time they become strengths.

8. "Life is like riding a bicycle. To keep your balance, you have to keep moving." - Albert Einstein

Finally, realize you can't steer a stationary ship. You have to keep moving, no matter what. Yes, take time to prepare. Yes, take time to reflect. But always look for where to move to next. That is the only way you will ultimately get to where it is you want to go.

And remember: Not doing anything is a choice in itself.

http://www.inc.com/nicolas-cole/8-motivating-quotes-that-will-inspire-your-monday.html?cid=sf01002&sr_share=facebook

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Admin

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Being A Full Time Forex Trader?

Every forex trader want to have a maximum income from their trading activities. It is not impossible.  He will reach it in short or long because a  forex trader manages trading profit or loss. Maximum profit and loss is minimal. Profit is his income.

Want to become a full time forex trader? As long as I know, most Indonesian people say they already engage in forex trading itself just is not going full time in this case. It is related with decision of each person.

But for those who have decided to be  full time trader,  here are some notes that need to be considered:

Risk

Suppose you really decided to become a full time, then know the risks involved before you plunge into it. Once there was a trader wants to quit the job in his office. He decided to become a trader in everyday life. But good fortune has not sided with him. After some time, he went bankrupt with debts unpaid. Why? Because he did not know the risks that would be faced as a full time trader.

You need to understand it is how the hell needs that you spend each month. Calculated monthly expenditure of unexpected expenses, the cost of daily necessities, to the cost of your household needs. This needs to be your account before becoming a full time trader.

Other risks, you will be confronted by whose name the transaction. In the transaction, sometimes there is loss, there is also profit. If you've become a full time trader, then the benefits that you get should be able to meet your needs up to a month ahead. Although today you loss, but globally for a month should be far greater advantages than disadvantages. Well, it must be known to the candidate a full time trader.

By setting as a full-time, then the loss in 1 month should not be more than 6%. That means you can only get a chance during the first month of trading should not be a loss of 10%. And if you lose up to 50%, then you are obligatory to look for another job.

Solutions

Daily needs is a top priority that must be met as a full time. There is a solution that can be used by you in addressing the trade to be able to profit consistently and can support your needs in the future. Here are things to consider before becoming a full time trader, among others:

1. You must have an income before plunging into trading in full.

2. You must have a supply or savings before becoming full time.

3. You've been able to consistently profit, whether in real or demo.

4. Try a loss of less than 5%.

5. Having planning your future needs.

Conclusion

Full time trader is very desirable and aspired by every trader. To become a full trader, it must know the risks and management that need to be used. Preferably Think first before plunging into a full time, taking into account how much it costs that must be met in order to meet daily needs. If you feel capable and have a passion for trading in full, then do not ever forget the risks as a full time trader.

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Admin

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