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Old 04-21-2009, 06:13 PM
forexgreenland forexgreenland is offline
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Marike says, "Hi Sylvester,

I am a south african girl and very interested in learning how to trade forex. Is there

anyone in Johannesburg or website that can teach me the basics in trading because I have NO

experience.

Thanks
Marike.".

Hi Marike, sorry I'm in Lagos,Nigeria and am not yet familiar with anyone in

johannesbourg,SA that could teach you the basics...You can try Forex Trading: Online Currency Trading in the Foreign Exchange Market, and

Forex Factory, where some forex basics are posted.
Thanks once again.


Maximum wrote
Hi Sylvester, I was watching your alpari account that you provide on your site and I was

like very surprise when I saw that the account when from 9500$ to less then 7000$, what

happen, there was a big loss of 1000$ for one trade, could you explain to me please.... thx

Max

Helloo Max,
Thanks for your mail...The drawdowns were brought about by my divided focus lately, for I'm

about completing my new forex book which has a deadline of a couple of weeks. This new

project, which had been postponed so many times earlier,has taken up my time for dedicated

trading...like a tradeoff, I might have to suspend market action for a short period in

order to fully concetrate on the task at hand...which is writing and publishing this

expository manuscript, without much external distractions.
So max, dont worry,once my new project is completed, I;ll pick up from where I left off,

presumably in a month's time...so as to give my usual undivided focus back on real time

trading..
Thanks for your concern, my friend....please ask any questions or comments you might feel

like communicating in the meantime..




Quote:
Originally Posted by jrob195 View Post
Hi



When you specify limits or stops, does it always work.
Honest Injun, no padner...nothing always work all the time...remember we are living in an

imperfect world...the only method to mitigate against unnecessary losses from trade entries

and exits, is proper risk/money management and discipline.


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