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How do you trade without losses?

How do you find out the depth of the puddle you’re about to drive through? How do you know who’s around the corner of the building you’re passing by? The answer is no way! You can only assume probabilities based on a careful analysis of “indirect signs,” nothing more.

How do you find out the depth of the puddle you’re about to drive through? How do you know who’s around the corner of the building you’re passing by?

The answer is no way! You can only assume probabilities based on a careful analysis of “indirect signs,” nothing more.

You would be regularly losing money as you trade in the markets. Just deal with it!

How do you trade without losses?

The more money you have on your account, the easier it is to trade. Photo: Binomo.
Source: UGC

But how much and how regularly you lose depends on you, including your trading discipline, expertise and ability to keep your own emotions under control.

And your capital. Ironically, the more capital you have, the less you lose.

Your objective is to make your losses more infrequent and smaller than your profitable trades.

How do you trade without losses?

Become generally more knowledgeable about the market, try out new trading approaches. Photo: Binomo.
Source: UGC

So, we are going to answer a more useful question for you: how to trade with minimum losses?

The formula is simple: a good deposit, a trading strategy that is appropriate for (and strictly followed by) you, a careful analysis before entering into a trade, and an even more careful one after it is closed.

All of this regardless of your results: when making a profit, you need to understand how to replicate it, when a loss — how to avoid it in the future.

How do you trade profitably?

1. Stick to your trading plan and strategy. We’ll never tire of talking about it, because it is crucial. No plan — no system — no profit. Got a plan — got a profit.

2. The more money you have on your account, the easier it is to trade. If you lose KSh 500 out of Ksh 1,000 on your account, you won’t be very upset and will continue acting as planned. But if you only have KSh 5,000 on your account, this loss can knock you off your stride and drive you to make mistakes lose your entire deposit. This is not to mention that you have 100 attempts left to correct the situation in the first case, and only 4 in the second one. Simple maths.

3. As a consequence of the previous one, observe the money management principles. At least the simplest ones:

● Max 2% of your capital per trade,

● All trades open at a time must not exceed 10% of your total capital.

4. Set yourself a daily stop loss. For example, 15%. That is, if something has gone wrong and you’ve lost 15% of your deposit by trading, you just shut the terminal down for the rest of the day.

Regardless of how promising you may find the market situation. Even the bargain of the century! This is just a mirage caused by frustration with your not-so-successful trading.

5. Learn, learn, and learn again! Become generally more knowledgeable about the market, try out new trading approaches.

Take a look at our “Strategies” section and/or talk to a support manager if you have a VIP account — as experienced practitioners, they will provide a fresh pair of eyes on how you trade.

6. Listen to yourself: a strong emotional background (both joy and depression), fatigue, or irritation interfere with trading. In such states you make more mistakes.

If this state has overcome you for one reason or another during your trading day — close the platform for the rest of the day. If you find yourself “downhearted” before you start trading — don’t even open the terminal. Follow conventional wisdom and sleep on it.

7. A careful analysis of the market before and after the trade. Both in the event of profits and losses: you have to understand how to replicate success or how to avoid making the same mistakes.

If you really start to apply at least half of these tips, your trading results will change for the better. Think of that part of your deposit that you may lose as only payment for your experience, which will ultimately take you to a compensation of losses and, naturally, profitable trading.

Where to trade?

Usually, when you want to make money in currencies, you resort to solutions from the 90s: Forex and exchange trading through a broker. These solutions have many limitations and are not always convenient to use.

We’ve found an interesting product which is already gaining popularity among the kind of young, modern and ambitious users who follow all the latest innovations in the field of IT. It is the Binomo.com.

Especially for you, we have tested the company’s product.

How it Works?

After registering with Binomo, the user is immediately transferred to the platform and can begin trading. It is worth noting that the interface has been thought out to the smallest detail.

All the necessary parameters for making deals are displayed on the home screen. This makes getting to know the trading platform easier.

The inclusion of graphical tools and indicators helps increase your chances of making profitable deals. These options are specifically designed to help traders of all levels.

The web version of the platform is adapted for any device. Optionally, traders can also use the Binomo mobile app, which is available for download on Google Play and the App Store.

The advantages of online trading

Round-the-clock access to the platform. Traders are given complete freedom in choosing a time to trade. This is especially important for people who work full time and students looking for an additional source of income.

Free demo account. This will be useful for beginners and experienced traders alike. It completely duplicates the functionality of a real account, and allows you to try your hand or work out new strategies without investing your own funds.

Convenient withdrawal of funds. Binomo offers several ways to deposit and withdraw money. The platform allows you to use popular online wallets and bank cards, as well as our favorite M-Pesa mobile wallet.

Yes, yes! Binomo clients can top up their accounts from a phone, without a bank card and without bank transfers.

New currency pairs. The ability to trade not only conservative pairs, but also BTC/LTC.

Terms of trading

Binomo allows you to earn extra income using your real-money account. To open one, you need to deposit any amount from KSh 500 up.

To make money, you need to forecast the value of your selected asset correctly. If you are successful, each trade can bring up to 90% profit.

Each forecast is made out in a separate transaction with its own time and price: the trader is free to set these parameters. And the minimum investment amount is only KSh 100.

Sign up for Binomo now and discover new earning opportunities.

(Sponsored)

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Broker news

Donald Trump blasts ‘fools’ who oppose good Russian ties

US President-elect Donald Trump has posted a progression of tweets censuring the individuals who contradict great relations with Russia as “‘dumb’ individuals, or nitwits”.

Mr Trump promised to work with Russia “to comprehend a portion of the numerous… squeezing issues and issues of the WORLD!”

His remarks came after an insight report said Russia’s leader had attempted to help a Trump race triumph.

Mr Trump said Democrats were to be faulted for “gross carelessness” in permitting their servers to be hacked.

In a progression of tweets on Saturday, Mr Trump said that having a decent association with Russia was “no terrible thing” and that “lone “idiotic” individuals, or simpletons, would believe that it is awful!”

He included that Russia would regard the US increasingly when he was president

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Bulls and Bears Took on More Currency Exposure in Week Through January

he most striking improvement among theoretical situating toward the finish of a year ago and the primary session of 2017 is not that modification were little. There was just a single gross theoretical position modification of more than 10k contracts. With sterling apparently not able to maintain even humble upticks, the bears added 13.1k contracts to the gross short position, lifting it to 120.2k contracts.

Or maybe, it is eminent that examiners for the most part added to positions, long and short, as opposed to close positions at the very end of the year. Examiners added to net long outside cash prospects positions, aside from in the Japanese yen and Swiss franc where 2.6k and 2.5k contracts were exchanged separately. Examiners likewise added to gross short positions. Here there was just a single exemption, the Japanese yen. Despite the fact that the dollar shut comprehensively higher in front of the end of the week, every one of the monetary forms we track here, spare the Mexican peso, picked up against the dollar in the three sessions since the finish of the CFTC reporting period.

Every once in a while it is helpful to review why many market members take a gander at the theoretical situating in the cash fates advertise. It is not that the outside trade is essentially a prospects showcase. It is principally an over-the-counter market in which every day turnover midpoints in abundance of $5 trillion a day.

Trade exchanged monetary forms and alternatives represented around 3% of the normal day by day turnover as indicated by the BIS study. Be that as it may, past reviews have discovered some contemporaneous connection between’s market heading and net position changes. We think it additionally offers knowledge into a specific market section of pattern supporters and energy brokers. It is not by any means the only device, yet one of a few data sources.

One ramifications of this is albeit theoretical positions in the money fates market are moderately extensive, it is still little contrasted and the money showcase. Along these lines, it is difficult to see the genuine essentialness of a record vast position, as though there is some market top. At some point, examiners are not driving the costs, possibly there is another fragment, national banks, enterprises, as well as genuine cash that is more essential at any given minute.

We invest some energy taking a gander at gross positions instead of just net theoretical positions, which is the more customary approach. We think a more granular look is frequently fundamental. There is a distinction between short-covering, for instance, and new purchasing, however it appears to be identical in the net. Additionally, the gross position is the place the introduction is not the net position. A net position of zero does not mean the market is nonpartisan. Net positions could be huge, which implies a short press or a negative stun could in any case troublesome. The positions that must be balanced are captured in the gross measure not the net figure.

We find numerous customers are likewise keen on theoretical situating in the US Treasuries and oil. The net and gross short theoretical Treasury position has swelled to new records. The bears added 23.8k contracts to the as of now record net short position, lifting it to 616.2k contracts. The bulls attempted to pick a base and added about 20k contracts to the gross long position, which now remains at 471.2k contracts. These modification prompted to a 3.8k contract increment in the net short position to 344.9k contracts.

The bulls delayed in the oil prospects toward the finish of 2016. They exchanged short of what one thousand contracts, leaving 608.1k gross in length contracts. The bears added 4.1k contracts to the gross short position, giving them 168k. These conformities trimmed the net long position by very nearly 5k contracts to 440.1k.

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3 ways to profit in the ‘year of the dollar’

In December, the Federal Reserve raised loan fees for the second time since the Great Recession and included the desire of a 2017 financing cost climb to its gauge. Furthermore, only a couple days prior, the abundantly anticipated minutes from the most recent Fed meeting demonstrated the most hawkish tone from the national bank in two years.

In the meantime, Europe has been dove into political turmoil after a year ago’s Brexit vote and the later abdication of Italy’s leader. Somewhere else, the Bank of Japan proceeds down the way of negative rates and forceful security purchasing.

Put it all together, and it isn’t astounding that the U.S. Dollar Index is up against 14-year highs.

Speculators may have missed so much discussion on account of babble about the Dow Jones Industrial Average at the end of the day almost hitting 20,000. Be that as it may, paying little respect to your assignment to stocks or your venture skyline, this sort of huge picture incline in the dollar implies right now is an ideal opportunity to position your portfolio to benefit and, maybe most critical, to keep away from a portion of the pitfalls that can originate from a solid local cash.

Here are a couple ideas dollar exchanges ought to consider:

Residential plays over multinationals

There’s a considerable measure of seek after shopper stocks in 2017 on account of an enhancing work market and any desires for a jolt under a GOP-controlled Congress and President Donald Trump. In any case, remember that not all retailers are made equivalent especially those with abroad operations that are adversely affected by the wide dissimilarity in monetary standards at this moment.

For example, retailer Wal-Mart Stores Inc.(WMT) said troublesome money trade rates shaved very nearly 2.5% off profit for each partake in the second quarter of 2016. On the other hand consider that in the monetary final quarter of 2016, athletic attire goliath Nike Inc.(NKE) saw its income development cut down the middle because of forex weights, from 12% year-over-year in consistent cash measures to only 6% including real money changes.

To take advantage of the “reflation” exchange that numerous financial specialists are counts on in 2017, you need to represent the headwinds that a solid dollar are making for multinationals at this moment. The most ideal approach to do that is to consider customer plays that do by far most of their business here in the U.S. – for example, Foot Locker Inc.(FL), which has been an uncommon splendid spot in retail throughout the most recent couple of years.

Supported money ETFs

Obviously, in the event that you need a steady portfolio, you can’t just purchase just local centered values. Geographic expansion is similarly as imperative as enhancement crosswise over parts and resource classes. Such a large number of financial specialists keep on holding worldwide plays in light of a legitimate concern for a balanced portfolio, regardless of the possibility that it implies battling a daunting struggle as a result of a solid dollar.

The uplifting news, notwithstanding, is that you don’t need to leave yourself to torment through a solid dollar and a powerless euro when you put resources into Europe. Nor do you need to stress over the yen-dollar conversion standard when you put resources into Japan. That is on account of there’s an entire group of cash supported ETFs to permit financial specialists to put their cash in outside business sectors yet keep away from forex issues.

Consider that Japan’s Nikkei 225 file is up around 25% from its July 2016 lows. The WisdomTree Japan Hedged Equity Fund(DXJ) is up 35% in a similar period on account of assurance from forex issues and a somewhat better-performing rundown of stocks – while the non-supported iShares MSCI Japan ETF(EWJ) is up only 10% in a similar period because of battling a difficult task against a solid dollar.

In the event that you need to differentiate your portfolio comprehensively, you ought to consider supported assets that incorporate the Japan-centered DXJ, the WisdomTree Europe Hedged Equity Fund(HEDJ) to play Europe or the iShares money Hedged MSCI EAFE ETF (HEFA) for developing markets.

Dollar list ETF

In the event that you are searching for an immediate play on a rising dollar as opposed to putting resources into stocks, figuring out how to exchange remote trade can appear like an overwhelming undertaking. Gratefully, there’s the PowerShares DB US Dollar Index Bullish Fund(UUP).

This ETF is attached to the U.S. Dollar Index, which is a measure of the greenback against a wicker container of other worldwide monetary standards including the yen and the euro. It’s a straight money play, however that doesn’t make it straightforward or hazard free. In the event that the dollar debilitates, you’ll lose cash similarly as though you’re putting resources into a stock that has fallen on difficult circumstances. Furthermore, obviously, PowerShares takes a little cut of your speculations en route that indicates 0.8% yearly, or $80 a year on each $10,000 contributed.

Still, in the event that you need to conjecture on the dollar or support against a solid U.S. cash keeping down other worldwide ventures on your rundown, it’s maybe the least demanding approach to do as such for generally financial specialists.

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