Tom Bierovic manifests common sense

2. Secrets of Champions Forex

Binary options For beginners Contests Trading products Trading platform Investments Market analyst Training

Financial portal Krok-M
Many believe that the Forex trading game. This is partly true, but unlike the game of Forex trading is a real opportunity to earn a living. Investments in the currency market do not require deep mathematical knowledge, but in Analytics trader should understand. One of the most important abilities - the ability to interpret the news.

- Open a demo account (demo)
- The Trader’s Forex Calculator
- Economic calendar
- Video channel: Forex club

Our dealing center has over activities in the international currency market and gives the possibility to earn on sale of currency for both experienced and novice traders (Forex traders). Forecasts of leading analysts of the market, and, including trading robots and signals enable traders in their work.

Свежий обзор рынка:
Коррекция в Штатах усиливает …
Биткоин упал ниже уровня $60 …
Евромедведи проверили стопы …
Австралийский доллар снижает …
Обвал американских индексов …
OTC trader Tom Bierovic works in accordance with a set of rules developed over the years, but, in addition, is also showing caution. Berovic, thinks he's lucky because he met future business from an early age. His father was a trader on the stock exchange the stock Exchange Central America, and Tom drew on daily and weekly charts on agricultural contracts, thus earning their pocket money.

"we didn't Have computers, I bought evening papers and every day to find the closing price," says barovick. In addition, in the summer, Bierovic worked in the stock room with the father: "I made the 15-minute intraday bar charts as well as the expected simple moving average of closing 15-minute sessions for 10 periods. His father worked at scalping the market, but also to make trades only in the direction that I pointed him in accordance with 15-minute trends".

after he for several years to draw charts and manually calculate exponential moving averages, stochastics, RSI and the ADX and MACD, Bierovic to do anything manually. But he believes that this practice is very good for those who are learning. Berovic, – a purely technical trader. According to him, he even "makes a conscious effort to know nothing about basic fundamentals". "All these foundations are perfectly summed up the current price on the market", explains Bierovic. Technical analysis is Applied Social psychology. It's just crowd behavior – hope, fear and greed".

today, Bierovic leads trading from his home, located in suburban Chicago and manages "a couple of million dollars" calling himself "a reasonable trader with a very specific methodology": "I have all the rules written carefully. So my system can work for everyone. But if I just stick to that would be breaking away from their habits." However, he is not a licensed dealer (STA) and adheres to the established framework, not having the right to independently raise funds and by limiting the number of its customers to 15 for the year indicated, berovic.

berovic developed the concept, which he calls "the method of trading with the correction of the moment" (the moment correction method of trading) and which involves "the knowledge of the direction and quality of the trend, knowing how to measure counter reactions and when the trend has strengthened again, knowing what and how to take risks." As for the timing, then, according to Borovik, "I mainly trade on the daily charts, but is watching the market intraday charts, and track your legs in one day."

In berovic focused on dynamic markets and is not ashamed of the profits from the sale of shares on the rise. As an example, one of his trades he says: "If I come today will come tomorrow when the market returns to today's high. I'm not going to enter the market when the market is not showing strong trend in one direction... to go in long, I need a real breakthrough on the market. I think it's important to get the profit, because the markets take it 9 times out of 10. I just try to hit at least 40% of the time, using the reward / risk of 2 to 1. It is possible to live well."

"I sell stocks and looking for opportunity to enter again," says Bierovic and notices that his trades usually last from two to four days. This is one of those cases where, according to Borovik, common sense prevails over rules. "With the outputs I have another. I tell myself, because you can still earn extra money. You can sell the shares at the closing. For me a good deal, when it earned twice more than risked". Being prone to technical analysis, berovic not give preference to any single market. "I actually treat them all equally," he says and jokes: "my favorite market is the last, where I had good Internet, and the return is the last market that I have suffered a loss".

however, he draws more attention on liquid markets. "The bigger the market, the greater the filling of orders and more reliable technical analysis. I am constantly in liquid markets. I'm not a lumber or pork grudinki, palladium or the Australian dollar. The small market pigs gridinoc, which is not so difficult to control, a major player may displace all others," says Bierovic explains: "in a small market technical analysis cannot work if the hopes, fears and greed of the crowd will not be considered.

berovic pays tribute to Chuck LeBeau (Chuck LeBeau): "he taught me to pay attention to the markets with a minimum daily volume of 5,000 and total open interest of 20,000 or higher... but I won't tell you".

Bierovic advises beginning traders to "develop a trading style that matches your psychology... some can trade every day s&P, and some can't. Trading style must fit your personality". In his words, "a beginning trader should concentrate on learning technical analysis and trading, but not the losses or gains in dollars... to avoid large losses, not to leave the game. Do not rejoice overly successful trades and not worry about failure... You don't have to feel like a hero after one successful transaction, or an idiot after it failed. Just stay in the market and continue trading.

"the problem is to find your trading method and follow it," — said in conclusion, berovic.

Tips novice traders from the most successful: | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 |

альпари Forex trading is to start to invest in the Forex to refill the account Forex

Choosing the right broker is a half way to victory

Forex analytics Forex Analytics
Trading school Trading school
Forex contests Forex contests

- What is Forex
- History of Forex
- Advantages of Forex
- How to invest
- Foundation for success
- Calculation прибильности
- Technology work DC
- Tips traders
- Misconceptions about Forex trading
- Trading Rules
- Money Management
- Risks in Forex
- How to choose a broker
- Mistakes traders
- Myths and reality
- 40 of the rules of trader
- Margin transactions
For beginners
Technical analysis
Fundamental analysis
Elliott wave Theory
Trading Forex strategy
The Psychology of a trader
forex club in social networks
Гугл Плюс Однокласники Твитер Facebook ВКонтакте Tumblr  LiveJournal mail  Спасибо

Bulletin Board rss atom

Current overview of the Forex market