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Don Jerzzy's TIGBlog
Don Jerzzy's TIGBlog


How To Win Your Trades
Translations available in: English (original) | French | Spanish | Italian | German | Portuguese | Swedish | Russian | Dutch | Arabic

I received lot of mails and calls from fixed odds traders asking me what are the thing to put in place before they can become a successful trader. There is no special philosophy or Theorem behind it than to follow these simple steps. Violate them @ your own risk. This is what my trading ability relent on. I applied these rules to my trade all the time. If you too can cultivate the habit, i believe you are on your way to your financial freedom.

There are some basic tips you have to follow in order to be successful.These guidelines prevents you to succumb to the negative emotions and therefore prevent major losses.

Do your homework
Study the signal and compare multiple indicators. Decide what you are going to look for. Plan the trade. Get the direction of the trade before predicting the financial market.
Trade the plan
Once you have decided to follow a certain strategy, stick to it. If the strategy is sound and back tested, you will make money. I mean it.

Don't be greedy
Set a daily target and be realistic about it. Don't try and regain all your losses in one trade. Such attempts usually fail. If you hit your target profit, take it. Don’t be tempted with your profits.

Be patient
Every trader has losses. If you have 3 losers in a row, it is best to take the rest of the day off, as you are obviously out of tune with the markets.
Don't chase the market
If you miss a day trade that suddenly looks like a winner, do NOT panic and try to jump in late. Tomorrow is another day. If you cant meet up today’s trade, tomorrow’s trade is there for you to trade.

Capital preservation is the goal
Capital takes time to accumulate, but it can disappear extremely fast (i mean lose all in a trade). Don't use more than 5% of your capital per trade. That means one $5 trade if you have $100 account. Only trade markets you are sufficiently capitalized for.

Violate them @ your own risk

May 15, 2008 | 5:34 PM Comments  0 comments

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Fixed Odds Trading
About this event: AITEC West Africa ICT Conference and Exhibition
Related to country: Nigeria

Translations available in: English (original) | French | Spanish | Italian | German | Portuguese | Swedish | Russian | Dutch | Arabic

Fixed Odds Financial Trading

Hello,

I welcome you all to my first post on Fixed odds financial trading. I'm Olanrewaju Oladimeji. This site will help people who are interested in another style of trading financial market online with LESS STRESS. There are many different types of bet/trade available when trading fixed odds, and I have broken these up into different pages in order to keep things as clear as possible. On this page we will start with some of the simple bets/trade available, how they work and the markets they are available in, and then on the following report, i will be giving out my experiences about the trading systems.


What is fixed odds financial trading?
Fixed Odds Is a financial trading that pays a fixed amount on expiry.
When you place a trade in Fixed Odds Trading, you are entitled to receive a payout, which is a fixed multiple of the amount you have staked. With trading station/platform, a client expresses a view and makes a PREDICTION. If the prediction comes true, the client will profit by a predetermined amount. Before any trade is placed, the client knows the entire possible downside as well as the exact possible profit.
Basically what fixed odds financial trading is all about is trading the market direction. Predicting the financial market.

In short this new system of trading has major advantages over other forms of financial trading.

In fixed odds trading, there are no brokerage fees or commissions to pay, you can win high payouts yet your maximum risk is limited to your stake. You can win in any market conditions; this is, whether the market is Rising, Falling or moving sideways. Account opening is free and you have different trading options as: Forex market, Indies Market, US Stocks Market, UK Stocks Market, etc. All depending of what kind of market you have in front of you at the time you decide to enter your position in the market.

It has nothing to do with FOREX TRADING. No chart, No pips, No lots size, No leverage.

Now there are one or two terms that may be slightly unfamiliar so I will explain them in my next report.
Its my pleasure taking up the responsibility to put people through this new style of trading.

Till we meet again in my next report, stay blessed.

Bye for now
Olanrewaju Oladimeji
C.E.O Ecurrency Nigeria