<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>About Forex Trading &#187; Advice</title>
	<atom:link href="http://www.about-forex-trading.com/category/advice/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.about-forex-trading.com</link>
	<description>A guide to trading Forex.</description>
	<lastBuildDate>Thu, 26 Nov 2009 17:33:04 +0000</lastBuildDate>
	<generator>http://wordpress.org/?v=2.8.6</generator>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
			<item>
		<title>Practice, Practice, Practice</title>
		<link>http://www.about-forex-trading.com/practice-practice-practice/</link>
		<comments>http://www.about-forex-trading.com/practice-practice-practice/#comments</comments>
		<pubDate>Thu, 29 Oct 2009 13:30:17 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Advice]]></category>

		<guid isPermaLink="false">http://66.154.19.18/?p=7</guid>
		<description><![CDATA[Forex trading is becoming more and more popular among investors and general mass because of how profitable it can be. More people are investing real money into the forex market hoping to make quick bucks easily. I don&#8217;t need to remind you that this is exactly the kind of wrong mentality when it comes to [...]]]></description>
			<content:encoded><![CDATA[<p>Forex trading is becoming more and more popular among investors and general mass because of how profitable it can be. More people are investing real money into the forex market hoping to make quick bucks easily. I don&#8217;t need to remind you that this is exactly the kind of wrong mentality when it comes to forex trading and the results of entering the market with this mentality is of course predictable: 90% of newbie traders who invested real money into the forex market lost their money in a matter of days, or weeks at most.</p>
<p>I thought forex trading is profitable? How come people are losing money? The main reason why 90% of new traders lost their money almost instantly is the lack of proper mentality and knowledge. You may be aware of all forex trading theories out there, but if you have never trade real money you will feel an enormous pressure that will cloud your judgments as soon as you login to your account. No need to worry because this is perfectly normal, and you can overcome the pressure with some practice.</p>
<p>I always advice people to use their real account to practice, but trade small amounts to reduce the risks. The amount of emotional tension produced by trading real account and risking real money cannot be found in practices with demo account. By practicing with real account, doing small and calculated trades to get used to the condition, you will be able to achieve the needed level of concentration and calmness needed to trade forex successfully.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.about-forex-trading.com/practice-practice-practice/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>
