» » Vacation in Indonesia Part1 - 5 Hits Travel Destinations on Ternate Island

It's possible to trade profitably on the Forex, the nearly $2 trillion worldwide currency exchange market. But the odds are against you, even more so if you don't prepare and plan your trades. According to a 2014 Bloomberg report, several analyses of retail Forex trading, including one by the National Futures Association (NFA), the industry's regulatory body, concluded that more than two out of three Forex traders lose money. This suggests that self-education and caution are recommended. Here are some approaches that may improve your odds of taking a profit. Prepare Before You Begin Trading Because the Forex market is highly leveraged -- as much as 50 to 1 -- it can have the same appeal as buying a lottery ticket: some small chance of making a killing. This, however, isn't trading; it's gambling, with the odds long against you. A better way of entering the Forex market is to carefully prepare. Beginning with a practice account is helpful and risk-free. While you're trading in your practice account, read the most frequently recommended Forex trading books, among them Currency Forecasting: A Guide to Fundamental and Technical Models of Exchange Rate Determination, by Michael R. Rosenberg is short, not too sweet and highly admired introduction to the Forex market. Forex Strategies: Best Forex Strategies for High Profits and Reduced Risk, by Matthew Maybury is an excellent introduction to Forex trading. The Little Book of Currency Trading: How to Make Big Profits in the World of Forex, by Kathy Lien is another concise introduction that has stood the test of time. All three are available on Amazon. Rosenberg's book, unfortunately, is pricey, but it's widely available in public libraries. "Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude," by Mark Douglas is another good book that's available on Amazon, and, again, somewhat pricey, although the Kindle edition is not. Use the information gained from your reading to plan your trades before plunging in. The more you change your plan, the more you end up in trouble and the less likely that elusive forex profit will end up in your pocket. Diversify and Limit Your Risks Two strategies that belong in every trader's arsenal are: Diversification: Traders who execute many small traders, particularly in different markets where the correlation between markets is low, have a better chance of making a profit. Putting all your money in one big trade is always a bad idea. Familiarize yourself with ways guaranteeing a profit on an already profitable order, such as a trailing stop, and of limiting losses using stop and limit orders. These strategies and more are covered in the recommended books. Novice traders often make the mistake of concentrating on how to win; it's even more important to understand how to limit your losses. Be Patient Forex traders, particularly beginners, are prone to getting nervous if a trade does not go their way immediately, or if the trade goes into a little profit they get itchy to pull the plug and walk away with a small profit that could have been a significant profit with little downside risk using appropriate risk reduction strategies. In "On Any Given Sunday," Al Pacino reminds us that "football is a game of inches." That's a winning attitude in the Forex market as well. Remember that you are going to win some trades and lose others. Take satisfaction in the accumulation of a few more wins than losses. Over time, that could make you rich!

Vacation in Indonesia Part1 - 5 Hits Travel Destinations on Ternate Island

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Indonesia is one of the favorite countries for many tourists who want to take a vacation. Indonesia is an archipelagic country which certainly has many hidden places that local and international tourists do not know.

Now I will discuss one of the cities in Indonesia that can be made a vacation destination that is 'Ternate Island'.

This relatively small island turned out to have many amazing tourist destinations. Hipwee Travel had a chance to explore this island which is famous for its Gamalama Mountain. There are 5 cool tourist destinations in Ternate that you should visit. Let's look at the review.

1. Sulamadaha Beach


Sulamadaha Beach is not so far from Ternate airport. Approximately 30 minutes away, you have arrived at this beautiful beach. This beach is slightly different from most beaches because of its location jutting into the land (bay). If you come there at a glance it doesn't look like a beach, but a lagoon or lake in the middle of a forest. You can also snorkel or take a boat there. This place is really cool!

2. Mount Gamalama


Ternate doesn't just have a beach, you can climb a mountain there. There is Gamalama Mountain which has an altitude of 1,715 masl. With no height, you can see the islands around Ternate from the top. This mountain last erupted in 2015.

3. Lake Laguna Ngade


Ngade Lake is actually normal when viewed from below, like other lakes. But if you look at it from above, the beauty is extraordinary. There is a viewing post, a photo spot until it swings over the hill there. If you come to Ternate, it's not complete if you don't take pictures there.

4. Fort Tolukko


Fort Tolukko was originally a Portuguese-built building that controlled almost all the spice trade in Ternate in the 16th century. This fort was named Saint Lucas. But because of the tongue of the Ternate people, this fortress was also called Tolukko (San-Tolukas).

5. Jikomalamo Beach


Located in northern Ternate, Jikomalamo Beach is a new beach. The coastline is only 100 meters indeed, but the underwater is very small. Anyway, if you are here, you must snorkel. Very beautiful coral reef on this beach.

so, are you ready to explore the beautiful Ternate Island ???

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