Not all trades are made equal! - 31 Dec 2009

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Trade of the Fortnight!    Simple Trades that make money

Not all trades are made equal! 31 Dec 2009 Have you ever seen days in the market, where every currency moves violently, and any newbie trader could have made money? On such days, you might find it difficult to differentiate a good trade from a lucky trade. Although we all love to have good luck in trading, it is imperative that you can differentiate your bonus profits from the profits you can make regularly. This separates the consistent traders from the one-off lucky gamblers. Every good trade should only be executed after a comparison with its nearest peer. Today's example is the AUD/USD and EUR/USD trade. We compare the merits of choosing one over the other. The better trade would be the AUD/USD short and it would have made you a quick $500*. More importantly, you would be better prepared, in the unfortunate event of the market going against you. In trading Forex, we always look for reasons NOT to trade, then when we find one that is perfect, we courageously go for it! If all these processes seem confusing for you, you can now learn it all step-by-step, module-by-module. We offer Singapore's only 8-week Forex Trading Course with a structured curriculum. No over-inflated promises, no wild claims; only what works and what doesn't to protect and profit you in the Forex Market. Find out more at any of our FREE 90 min "Forex Trading Essentials" Seminar at a location near you! Click here: www.ForexDrivingSchool.com/seminar/ Important Notes: * Hypothetical profits for illustration purposes only. It assumes an effective stoploss risk of $250 for consistency in examples throughout our newsletters. This is not a trade recommendation and should only be used for educational purposes. Forex trading is a leveraged instrument and involves risks. Please seek professional advice if in doubt of its suitability for you. Any form of investment involves risk and may not be suitable for everyone. Past performance should not be an indicator of future performance. © Chart printscreens copyright www.oanda.com. Text and materials copyright FXDS Learning Group Pte. Ltd. Further Legal Disclaimers: We are not financial professionals in the legal terms and the information shared are purely for entertainment or educational purposes. Even financial professionals who present time to time on our stage, do not speak in their professional capacities and do not offer any advice or recommendations directly to any individual. They are merely sharing their experience. We do not advise on any product or plan or system, as every individual has a different risk appetite. We do our best to ensure accuracy but we will not be held liable for any losses incurred either directly or indirectly. If in any doubt for the suitability of any exhibited system please consult your professional financial advisor. Forex Driving School - Trade of the Fortnight - December 2009

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