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Are you a losing trader? Have you been struggling to profit from the foreign exchange markets? Have you tried a number of strategies and each time you fail to make profits? If you’ve been losing your money to the market, then you’re not alone because I was once like you. A full time forex trader Jay Lakhani said, “Failure is a man who has not learnt from his blunders.” Also, Dale Carnegie said, “Develop success from failures. Discouragement and failure are two of the surest stepping stones to success.” And another person said, “You can’t let your failures define you. You have to let your failures teach you.” In the light of these quotes, I tell you the truth, you can’t be successful in life if you quit or give in to discouragement and failures. Therefore, you must keep your hope alive, and keep keeping on until you achieve your desired goals in the foreign exchange market and in life generally. I’ve written this highly profitable trading strategy to help bring your struggles to an end.
Popular article: Swap Forex
Swap – is the retention or accrual amount settled in the process of overnight rollover of a trading position. Swaps are measured in pips and depend on direction of opened position and on the difference in the interest rates of Central Banks of states, which currencies constitute currency pair. Settlement and fixation of swaps take place in the last minutes of a trading day as per time of server (from 11:59 p.m to 00:00). Also there is a rule settling triple swaps for rollover from Wednesday to Thursday night, whereas swaps incurred from Friday to Monday are taken as for one time. If rollover of a position takes place during holidays, when the market is closed, swaps are respectively computed for the number of holidays falling to business days.
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