Let's Learn & Earn at Any Time, At Any Where, At Will :): 10/1/10

Saturday, October 16, 2010

MONEY MANAGEMENT

Money Management

Put two rookie traders in front of the screen, provide them with your best high-probability set-up, and for good measure, have each one take the opposite side of the trade. More than likely, both will wind up losing money. However, if you take two pros and have them trade in the opposite direction of each other, quite frequently both traders will wind up making money - despite the seeming contradiction of the premise. What's the difference? What is the most important factor separating the seasoned traders from the amateurs? The answer is money management.
Like dieting and working out, money management is something that most traders pay lip service to, but few practice in real life. The reason is simple: just like eating healthy and staying fit, money management can seem like a burdensome, unpleasant activity. It forces traders to constantly monitor their positions and to take necessary losses, and few people like to do that. However, as Figure 1 proves, loss-taking is crucial to long-term trading success.

EUJ WEALTHGATE

IKOfx is a global online Forex trading provider. We had been established for the purpose to help Investor in success of Forex. During hash time of current economy downfall, Forex trading become most investor and trader favorite. With our company vision, integrity, and professionalism; we aim to drive online Forex trading to the next higher level.

About Us

EUJWealthGate has been established for the purpose to help Investor in success of Forex. Because of that we established Our team that also from all over asia would like to bring this opportunity to introduce forex with our professional help of latest news feed, technical strategy and world wide information gathering, Our is aimed to bring online forex trading to the next higher level. During hash time of current economy downfall, forex trading is what the world most needed to boost up the economy.

EUJwealthGate Team has join together with other trader around asia such as Malaysia, Indonesia, Singapore, Brunei and China to provides services for currency trading on the international financial Forex market. The company's main working directions are: providing qualified investment services aimed at earning speculative profit on international financial trading markets. Currently, there are about a thousand of traders are using our services provided .

Why Trader choose EUJwealthGate :

EUJwealthGate seeks to provide a wide quality service package, and also the best trading terms in each working direction with friendly support and fast action to solve a problem, with the investment program is your next step into risk-free long-term investment..
EUJwealthGate , with its extensive global reach, wide range of services, strong growth and experienced team of professionals, is your best traveling partner along the road to success.

To Create Business & Wealth For Everyone thru Forex Trading

Introduction

EUJweathGate is a very first leading retail foreign exchange agent that we provide professional marketing and management support to help you. Welcome to the EUJwealthGate family, let us build a strong long-term relations with a common goal: achieve profit growth! Some advantages of joining are:

Introduce Everyone thru Forex Trading
Forex training course
Fund services
Local depositor & withdrawal services
24/7 online support

We are a one of elected authorize agent for one of a broker that to serve you batter with provide local depositor and withdrawal services
An abundant resource center and learning community for novice traders -
We provide our customers with an intensive training course along with the systems required for a beginner's forex trading adventure. Our team of experts will regularly hold initial and refresher courses in various cities, allowing you to receive training and guidance first hand from our team of expert forex traders. In addition, we have selected the most comprehensive and complete set of learning materials with the sole purpose of helping you master forex trading techniques in the shortest time possible.

We provide special personal one-to-one or group service at all state or asian country to our customers .

We also provide professional foreign exchange trading knowledge and customer service skills through free online phone chat or e-mail.

RISK WARNING:

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your monetary objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your deposited funds and therefore you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent advisor if you have any doubts. Past returns are not indicative of future results.

Welcome to Money World !!

Money management is the process of managing money. It includes investment, budgeting, banking and taxes. It is also called investment management. Money management is a strategic technique employed at making money yield the highest of interest-yielding value for any amount of it spent. Spending money to provide answers to all cravings (regardless of whether they are justifiable or not to be included in budget basket) is a natural human phenomenon. The idea of money management techniques is developed to plummet the amount individual, firm and institutions spends on items that add no significant value to its living standard, long-term portfolios and asset-basins. Warren Buffet, in one of his documentaries, admonished prospective investors to embrace his highly-esteemed "frugality" ideology. This is the basis of every sound money management formulas. The following are powerful techniques that can be employed in making every expense made to be worth it: 1. cutting your budget on social needs 2. avoid any snob-appealing expense 3. always go for the most cost-effective alternative (establishing small quality-variance bench-mark, if any) 4. increase expenses more on interest bearing item than any other thing 5. establish the expected benefits of every desired expense using the canon of plus/minus/nil to standard of living value system. These techniques are investment-boosting and portfolio-multiplying. Money management is used in Investment management and deals with the question of how much risk a decision maker should take in situations where uncertainty is present. More precisely what percentage or what part of the decision maker's wealth should be put into risk in order to maximize the decision maker's utility function. Refer from : http://en.wikipedia.org/wiki/Money_management