U activated ur acc d? lol, u counter trend trade? 1st trade always like tat, must get used to it..use money management rule pls.. 

Simple, lets say the money in ur account is USD100. Always ask urself 'How much I can afford to lose within a trade?' There are many variations from person to person. Some ppl will trade not more than USD10(not recommended) for a trade, sum USD5, sum USD2 and sum USD1. So pick which one? Hw to identify? My rule of thumb is :

'IF THE TRADE GOES AGAINST YOU(STOPPED OUT), AND YOU CAN KEEP COOL AND LAUGH ON THE TRADE, THATS THE TRUE AMOUNT YOU ARE WILLING & CAN AFFORD TO LOSE!'

Do have a certain profit ratio for urself, for example, if ur trade is not more than 5 dollars of the 100 dollars capital, foresee the trade that can giv u a 10 dollars bill, or 2:1 ratio. (this vary from person to person)

Always have a calculator by ur side, to ease u from entering ur ideal amount u can lose for a trade. For example, in a trade if u can lose more than 2%, calculate USD100 x 2% = USD 2.. So only enter this trade not more than USD 2. The next thing u nd to do is calculate d pips, for example, if u r willing to lose 20pips only in a trade, calculate USD2/20pips = USD0.10 per pip.

Some ppl might say this amount is too little, but guess wat, trading is not about earning big in one shot, it is a slow process..=)

Hope this helps with ur trading on money management..  Gud Luck!

lemme give free emotion management tips, have you ever heard people say... "when I play demo.. i make money... when i play live.. I lost money"... its because you are afraid of losing your money on your live acct it effects your judgement/strategy.. the trick is to open a demo and live acct with same margin... trade both.. your subcon-mind wont know which one is real which one is demo.. it will make it easier with one less thinking/worries.. soon you will realize you dont worry that much anymore... then comes the next problem.. greed.. next tip maybe one day...

Oanda had Stoc n RSI, it is similar to the demo u using.. bt if u want more sophisticated indicator oanda only hv the simplest n easy to use ones..

Click Right Mouse Button on the Chart > Click Add Study > You'll see it..

Oo, whose ur sifu? can intro me??

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Added on January 21, 2010, 10:24 am

North which part? Pg?