Best practices and/or Simple tips for forex trading

Below are few simple and very important tips to be followed in forex trading.. Watch and move with the price Know and follow the trend as “Trend is your Friend” Change along with the Trend direction and keep in sync with a higher trend direction (i.e. be in sync #2 hours trend in case you are following 30 mins or lesser trend) Don’t plot and/or follow multiple strategies The best and simple is to follow the trend line in conjunction with moving averages Never miss out setting stop loss Don’t be too short on stop loss, good value would be […]

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Setting up BackTrack (BT)

Install the BT using the mounted .iso or bootable disk The BT4 doesn’t ask you for username/passwd during the install, rather by default creates root user with password toor. Once BT is installed, login as  root user and reset password ‘sudo passwd root’ use startx toget into the Xterminal session. For detailed steps along with screenshots refer to backtrack-hard-drive-install and for a recorded video demonstration refer to install-backtrack-hard-disk Once you have BT up and running, you can enable the network connectivity by running /etc/init.d/networking start command.  For more details refer to http://www.backtrack-linux.org/faq/ If you need to copy any data to […]

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