Category: LUX opinion

Passive income importance Passive income is an important aspect of financial stability, which allows you to significantly expand the range of financial opportunities.Passive income must be justified and have a good payback so that you can use the profits to increase this passive income. Thus, we can say that your money will start to earn… Continue reading LUX opinion: Passive income

Benefits of PAMM investing Let’s start with the most basic point:Control of investments without participation in trading. The investor has full control over own(only) funds and has the right to withdraw or deposit at any time. At the same time, trading is controlled by the trader and the investor earns funds without trading process involving.… Continue reading PAMM: Benefits for investors

What is PAMM account management and trading from trader’s point of view. As you know, I am a forex trader. I manage a PAMM account with a total balance of $1,898,262.88 that includes (42%) $795,110.09 investor funds. From an observer, this may seem like a simple process of trading with investment assets, but once you… Continue reading PAMM: trader’s view

Daily schedule Your every day discipline is your discipline while trading. If you cannot stick to the basic rules of your schedule and daily responsibilities, then it will be very difficult for you to start craving it in trading. I won’t say much about how discipline is important to trading. You already know all of… Continue reading What can change your trading? Part 3

Trading notes In addition to the trading history in the trading terminal, I offer an additional method of recordings that will help you find errors, analyze trading and psychology faster and better. Make notes of your trade in a special file or note book. These can be different comments before, during and after trading:  brief… Continue reading What can change your trading? Part 2

Trading targets The first thing I would like to talk about is setting desired goals. This principle works everywhere and is based on the basic principles of psychology. The human body has a very interesting reward system for achieving goals. This mechanism forces the body to release special hormones every time the brain registers the… Continue reading What can change your trading? Part 1

Take Profit is just as important as Stop Loss in Forex trading. Take profit is often underestimated. Many traders believe that Take profit is an optional tool that can be disregarded. The widespread opinion is also that an important pending order is only a stop loss, which protects against losses. But this vision is absolutely… Continue reading Take profit is often underestimated.

Some thoughts about trading accuracy I truly believe that trading accuracy can completely change the trading results. So, if a trader has an unbalanced trading system that does not allow to correctly assess the risks and make the right decision, then he will lose profit due to early exits from the market or due to… Continue reading Exiting a profit trade early is a similar mistake as closing a losing trade late.

How to do the right thing and not lose your money. First of all, you need to assess the possible risk and consider two scenarios: – stay in the market – close the loss Try to approach this issue being calm to avoid making mistakes due to emotions. I will not stop posting that losses… Continue reading What to do if your trade goes negative?

The fund manager’s way A trader with a profitable trading system has several options for growth. Independent trading and own investment in own project. Sell the trading system and provide a copy trading. Start attracting investors using a share distribution system e.g. PAMM. It is like dividends to the shareholders. Manage the investor’s account by… Continue reading Opinion: Why do I manage a PAMM account?