Posts Tagged ‘trader’

12.07.2018 Post in Events

Yet another InstaForex contest week has come to an end meaning it is time to name the winners. They are participants of the following contests: InstaForex Sniper, Lucky Trader, FX-1 Rally, and One Million Option. InstaForex offers all the winners its sincerest congratulations and wishes the rest contestants to win the upcoming competitions.

InstaForex Sniper
The most accurate and fastest traders compete fiercely in the InstaForex Sniper contest. This time, Pavel Gribovskiy from Belarus proved to be the best in this contest stage. The next step will be carried out from July 16, 2018 to July 20, 2018.

Lucky Trader
Confidence, prudence, and concentration on success are the key to success in two-week marathon Lucky Trader. If you manage to trade perfectly during two weeks, you will be able to win the Lucky Trader contest, just like Aleksandr Meshcheryakov did it. The next stage of the Lucky Trader contest will be held from July 23, 2018 to August 3, 2018.

FX-1 Rally
The best performance in the FX-1 Rally contest was demonstrated by Muzaffar Shamsiev from Uzbekistan. We congratulate the winner and wish him luck in next competitions. If you want to feel the thrilling spirit of this fight, welcome to the start of another stage of the FX-1 Rally contest. You can register for the nearest rally that will take place from 00:00 July 13, 2018 to 23:59 July 13, 2018.

One Million Option
One Million Option is one of the most popular InstaForex contests. Every step gathers hundreds of participants who vie with each other to prove themselves as excellent options traders. The best result was shown by Valeriy Kuzishin from Ukraine. The next contest is to start pretty soon, on July 16, 2018, and it will run till July 20, 2018.

Learn more about contests
Photos and comments of the finalists

02.11.2017 Post in Interview

There is a strong opinion that Forex is nothing more than luck. However, the success stories of InstaForex clients prove it wrong. This time, our trader Czeslaw Subarowski, owner of account number 2774430 , will share with us how he managed to make over USD 25,000 out of the first deposit of USD 200 in just 2 weeks.

According to Czeslaw, he got interested in Forex in 2013 and has been trading from time to time since then. Before opening the fateful deal that brought him USD 25,000, Czeslaw had some trading experience. However, it turned out he did not employ any special tools. He fully relied on his technical knowledge with the help of support and resistance levels.

“I never use any indicators. They look cool but it’s simply history. The key is to learn how to read the chart. Also, don’t “fight” the market, just follow it,” Czeslaw says.

Commenting on his success, he advised beginners not to be afraid and try their hand at trading on Forex. Czeslaw is sure that Forex is not a game, it’s an investment. He is sure that one has to be prudent and be able to respond to new events quickly.

“Do not worry about losses, it’s an element of this market,” he recommends.

As you see, a trader doesn’t have to be a scientist or a Harvard graduate to strike it rich on Forex. To make a fortune, you need discipline, persistence, and desire to learn more about this market and its principles. If you ever hesitated, now it is the time to take the first step.

https://www.instaforex.org/ru/company_news/10207.html

Whenever mountaineers hike through unfamiliar treks, especially if the situation requires them to climb through dangerous mountain walls, there are tools that they use in order to ensure their safety.

Harness are used to secure themselves from unintentional slips that would put them to mortal danger. In Forex, traders also has this kind of tools. One of which is the Stop Loss.

Stop Loss is an order that is intended to close an opened position when a certain amounts of loss is accrued. Stop loss is designed to limit and restrict an investor’s loss when something negative happened suddenly on the market. There are 3 types of Stop Loss order:

1. Fixed Stop Loss – are set while opening a position and cannot be replaced until the deal is closed.

2. Sliding Stop Loss – is a Stop Loss that can be replaced any time depending on the price movement. It is on the traders discretion and advantage if he thinks that there’s a need for a sudden change in the order. Sliding Stop Loss is also known as Trailing stop, which can be replaced either manually or automatically depending on the setting.

3. Combined Stop Loss – is the combination of the former two.

There had been recent discussions regarding the importance of Stop Loss. Some traders pointed out that Stop Loss should be compulsory to trading because of its ability to secure and prevent further endangerment of the whole deposit. A safeguard from an unprecedented disaster for traders.

But some had ranted that it works as profits as well. When a position is opened a for a long time, temporary loss are incurred and that would be turned into real loss when a Stop Loss was suddenly activated.

23.04.2012 Post in Trading

Slang is a term denoting a set of specific words and expressions which are peculiar of non-official communication for a certain group of people. The speech of the representatives of different professions, cultural societies, and geographic places has its peculiarities reflecting the views of people and in fact pointing at their society and status. Slang or jargon deviates from the literary language norm but most often it makes the communication between people easier, adding special colouring to the speech of people. Traders also have their jargon words as they have a good sense of humour and imagination.

The list of the words below contains the major terms which are used by the traders in non-formal communication; it will help the newbie of the market to get into the core of trading faster.

speechBull market (bullish) – market in uptrend.

Bear market (bearish) – market in downtrend.

Margin call – the moment when there is a lack of maintenance margin account, you must either upload your account or close some open positions.

Tick, Item – the minimum step change in the price.

Long (position), also ‘longs’ – to buy something, to assume an increase.

Short (position), also ‘shorts’ – to sell something, to assume a drop.

Heat – how big risks are we taking in our trade.

Range – when the market doesn’t move either in downtrend or uptrend for some time.

Flat (Square) – neutral state when all your positions are closed.

Set up – particular environment for a trade.

Gap – a difference between the previous period’s close price and the next period’s open price.

Whipsaw – a condition of a highly volatile market where a sharp price movement is quickly followed by a sharp reversal.

Rally – a recovery in price after a period of decline.

Profit (Gain) – positive amount of money gained for closing the position.

Loss – loss of the transaction (or in the open position).

Pip (Point) – the last digit in the rate (e.g. for EUR/USD 1 point = 0.0001).

Slippage – execution of order for a price different than expected (ordered), main reasons for slippage are: “fast” market, low liquidity and low broker’s ability to execute orders.

Drawdown – the amount of the decline in value of a forex trading account, expressed either in dollars or as a percentage, between its highest and lowest points.

Squeeze – action by a central bank to reduce supply in order to increase the price of money.

Limit – order to buy or sell currency at a specified price or better.

Lock – the opening of two positions for one instrument, one specification and the same size in different directions.

Majors – the most popular currency pairs available for trading, include EUR/USD, GBP/USD, USD/JPY, USD/CHF, USD/CAD and AUD/USD. Less traded pairs are known as “Exotics”.

Cable – GBP, British Pound .

Aussie – AUD, Australian Dollar.

Swissie – CHF, Swiss Federation franc.

Kiwi – NZD, New Zealand dollar.

Loonie – CAD, Canadian Dollar.

Holy Grail – consistently profitable trading system.

This list of course is not complete, there are hundreds of other words and meanings in trader slang and it is continually growing.

Added by Alexey Skachilov,
InstaForex
Clients’ relationship manager