Focus Your Emotion

Having a focused mind and purpose could only make you a better trader. In any trading day there are series of activities. Different pairs and crosses but do you trade them all at once? If you are learning to bake a cake you don't start with ten but you begin with one. As you master your baking, then you begin to add more dough to your baking tray.

The same holds true with currency trading. To master your trade you need to pick one pair or cross you think you could master. Study it and learn to trade it very well and quickly. Master this instrument until you become very proficient in both currencies involved. Learn more about what drives it. Who the key players are? Whose voices could drive that market? In fact be informed on that currency pair than anyone else you ever known. Seek to grow and be better at it everyday from your previous trades. Maintain this single handling until it fills your dream.
Another important aspect of your focus is your emotions. How you feel and act under trading conditions are critical to your forex trading successes. How do you act under pressure? How would you conduct yourself if you were making huge gains from you trading positions? Does your emotion run wild or calm? And how do you behave when you lose? Do you still maintain the same calm persona? Do you have distractions in your trading environment? All these could heavily impact your trades. There is a trading commandment called "Know thyself". It is an unwritten rule only you could define.

You know yourself better than anyone else. You know what sort of money your mind could handle before your heart rate start beat skipping. What you must do is to avoid the enigma of allowing your emotions to rule your trade.

As a trader you are obligated to have a balanced temperament at all times. For example, do you take to calculated risks or trade by instinct? What you want to do is develop yourself to the level you would have mastered your emotions to take those intuitive decisions in the market environments. But these answers won't come over night until you have built discipline to your trade and emotions. This brings us to the last and final part of your trading requirement.

[SigmaForex Funding Methods]

Safety of funds plays an important role in any type of business; we make our best efforts to ensure protection of customers’ money.

Minimum deposit required for funding new accounts:

Our accounting department is ready to help you fund your new account or add funds to an existing account. For Standard Dealing Desk Accounts the minimum deposit is $ 500, and for the No Dealing Desk Accounts the minimum deposit is $ 2000.
Deposit instructions:
You must open a web account and associate it with your live account to insure security of transactions in your account

How to do so?
1. Open web account
2. Login and associate your Live Trading Account with your Web Account
3. Login to your Web Account and click 'Make a Deposit"

Deposit methods
1- Bank wire transfer
A wire transfer is a transfer of money from one bank account to another. The actual transfer is done by the bank, and neither the sender nor the recipient of the money sees or touches the actual funds.
Deposit Time
1-5 business days SigmaForex does not guarantee deposit times in the event of a margin call

Fees
None
SigmaForex will not be held responsible for charges or fees assessed by going through an intermediary bank.

Withdrawal Eligibility
Immediate availability
Restrictions
The account holder name of the funds must always match the name listed as the customer on the trading account.

2- E-gold payments
Open www.e-gold.com- Create new e-gold account - Issue transfer request from your e-gold account to SigmaForex e-gold account.

Deposit Time
Immediate deposit SigmaForex does not guarantee deposit times in the event of a margin call
Fees
None
SigmaForex will not be held responsible for charges or fees assessed by going through an intermediary bank.

Withdrawal Eligibility
Immediate availability

Restrictions
The account holder name of the funds must always match the name listed as the customer on the trading account.

You do not have an account yet?
Open Live Account