убыток. What leverage do you use?

ABOUT: 50 к 1, два процента.

IN: Можете ли вы рассказать о том, как торговля повлияла на вашу семью?

ABOUT: Я убежден, что должен научить своих детей заставлять деньги работать. Money should not lie dead weight in the bank. I remember when my kids were little, I started giving them stock at Christmas. It was very unusual, because the financial culture in Spain is not developed, and it seemed strange to my relatives. I would buy five or seven shares of a company, like Microsoft, and tell the kids that it was a US company. В общей сложности я тратил на это не больше 100 dollars.

IN: Сколько у вас детей?

ABOUT: Three. Two sons and a daughter.

IN: Как они воспринимали такие подарки? Heи огорчались или были довольны?

ABOUT: Я объяснил им, что это акции американских компаний и теперь каждому из них принадлежит кусочек компании. After that, they began to observe with interest the development of the high-tech sector in America.

IN: Сколько им было лет, когда вы начали дарить им акции?

ABOUT: Шесть, девять и двенадцать.

IN: Вместе с акциями вы дарили им игрушки?

ABOUT: [Смеется] Да, игрушки, и парочку акций. The results were very good, they are all over twenty, and this helped to significantly increase their savings. And recently they became so interested in FOREX that they sold their shares and began to devote more time to foreign exchange transactions.

IN: Ваша жена тоже занимается торговлей?

ABOUT: У нее есть мини-счет. Heа много лет наблюдала, как этим занимаюсь я, и ей тоже захотелось попробовать. But she approaches things a little differently. Heа открывает и закрывает позиции в течение дня, понемногу получая прибыль. So she earns some money for additional expenses. Heа торгует довольно успешно, в среднем ее прибыль составляет около 2000 долларов в месяц, и она очень довольна этим. This hobby has another huge plus - we have an additional topic for conversation. We are talking about children, the weather, and how the FOREX market will behave. It brings us closer and makes our communication much more interesting. Simply put, it helps us to strengthen our marriage.

IN: Случается ли, что вы с женой заключаете сделки в противоположном направлении?

ABOUT: Нет. This never happens, we stick to a certain system - if it trades the British pound/Japanese yen pair, I will trade the US dollar/Japanese yen pair.

IN: Вы тоже регулярно снимаете со счета прибыль, как и ваша жена?

ABOUT: We are withнимаем деньги далеко не всегда и делаем это не потому, что без них нам не обойтись. Sometimes we take them off to buy something for ourselves. We are withнимаем со счетов около 12 процентов нашей совокупной прибыли и делаем это один-два раза в год.

IN: Ваша жена следует вашим правилам — например, заключает сделки только при положительной разнице процентных ставок?

ABOUT: Да, она придерживается той же тактики, что и я.

IN: А как насчет ваших детей, как вы учили их торговать?

ABOUT: На самом деле они подготовлены к этому лучше нас, ведь они изучали бизнес в university. Yet they acknowledge that much of success comes with experience. We are with детьми активно обмениваемся идеями. We call each other and say: it seems to me that this and that is happening that you think and are trying to develop a common point of view. That's how we do it. The exchange of ideas really unites us. For example, my eldest son calls me and says: “You know, today I had a very good day.” And I answer: "No, we had a good day, we earned so much." We partly compete with each other, but at the same time we discuss market news for a long time. We are with женой состоим в браке 29 лет и с самого начала твердо решили, что наш главный бизнес — это семья.

IN: Ваши дети выработали собственную стратегию или их подход похож на ваш?

ABOUT: У каждого из них свой характер, и поэтому что-то они делают по-своему, но основы они позаимствовали у меня.

IN: Когда вы учили своих детей торговать, говорили ли вы «Ну вот, ты кое-что заработал и теперь можешь потратить эти деньги»? Did you let them spend what they earned, or did you teach them to trade just to increase their savings?

ABOUT: Вначале, когда они говорили, что хотят научиться торговать, мы открывали счета на небольшие суммы. I taught them to control the risk, to minimize it, everything else depended only on them. I wanted one thing - that they learn to trade well, but I did not want them to be led by greed or greed.

IN: Когда вы открыли для них счета на FOREX?

ABOUT: Примерно полтора года назад.

IN: What вы говорили им, когда они теряли деньги?

ABOUT: Мы говорили, что умного человека убытки могут научить большему, чем прибыли. We were a little worried that if they succeeded too early, they would not want to look for another job. If one day on FOREX brings as much money as two weeks of constant work, they will not be motivated. We taught them respect for work and tried to instill the idea that money is given for a reason. When I talked to children, I said, “You can take your savings and put them into trading to make money work. But first you must become a useful member of society. Trading is just an additional opportunity to put your savings to work.”

IN: Чему научили вас ваши ошибки? What is the most important lesson you have learned?

ABOUT: Во-первых, я понял, что нельзя заработать деньги, не открыв позицию. Secondly, if you open a position, you must have enough funds not to close the trade due to a price drop of one or two cents. Although I trade very successfully, my strategy requires a large investment of capital. In addition, I would like to say to new traders an extremely important thing: do not expect to get rich overnight, especially if you have little money. Make sure your strategy is profitable all the time, not just occasionally. Remember, it is not only an effective strategy that is important, but also proper risk control. Do not embark on adventures for which you will reproach yourself. Even if you are making money right now, taking too much risk will only hurt you in the long run. The purpose of trading is to improve the quality of life, not to ruin it. Try to always act appropriately - then you will live well and sleep soundly, knowing that your strategy is working as expected.

Советы Marcelino Livianа
Make sure you have enough funds to hold the position
Livian is a trader who specializes in long-term trades. He может держать позиции целый год и нацелен на ощутимые изменения цены. Although this style differs sharply from the approach of short-term traders who make 10 pips a day or 50 pips a week, Livian, who has made 80 percent of profits over the past four years, has reached a level of income that many hedge funds can envy. However, to apply such a strategy, one must be a very wealthy person. Its essence is to identify the corridor of price changes and enter the transaction in stages, as the price rises or falls. Acting in this way, Livian forms a large position with a low average entry price and makes a good profit even with a small price change. However, it should be remembered that in such conditions, an equally small change in price against you can cause considerable damage. It is important to make sure that you have enough funds to hold such a position.

You need to keep this in mind, even if your strategy is not similar to that used by Livian. If you are holding a position that is too large and you do not have enough capital to withstand market fluctuations, you will have to close the position due to short-term price changes.

Make sure your waiting time pays off
One of the basic rules Liviana - always enter into transactions with a positive difference in interest rates. When trading on FOREX, you sell and buy money from different countries. With every transaction, you are betting one currency up and another currency down. By playing for a raise, you can earn interest. When you go short, you have to pay interest. The interest rate difference between two countries is the amount you can pay or earn. Livian deals only with positive interest rate differentials, because negative interest rates on long-term deals reduce profits or increase losses. Когда вы входите в позицию, которая требует уплаты процентов, последние превращаются в дополнительные торговые costs. Conversely, if the position allows you to earn interest, this improves the overall results. Every day, interest is credited to your account, which increases the amount of funds and helps to reduce losses. In other words, interest lowers your price of entry into the market. In a long-term deal, this gives a significant advantage. If you hold the position for a year, the interest income becomes quite tangible. For example, the New Zealand dollar/Japanese yen may have interest of $10 per day, which is equal to one pip per standard contract. If you hold the position for 100 days, you will earn 100 pips. Therefore, if you are bullish on the New Zealand dollar/Japanese yen pair, the market entry price for you will drop by about 100 points in 100 days, which is a lot.

Trade with your family
In conclusion, Livian gave advice - to trade with his family. He himself managed not only to rally the family with the help of friendly competition, but also to teach his children to manage money wisely. In his opinion, the main thing is to make them understand that trading is not a game of chance, and teach them to control