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Forex Forums | ForexLasers.com |
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#1
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Many people enter FOREX trading with the hope and wish to become
financially secure and profit from Forex by trading online for a few hours a day. There are a few good examples of successful traders profiting from Forex trading, but sadly for every successful trader there are sometimes hundreds of traders that fail. One of the reasons for this is that traders cannot deal well with losing trades and have not found a reliable Forex trading system. That is why it is so important to find a trading system with a very high success rate. The sad reality however is that systems that achieve a high success rate unfortunately trade with HUGE stops or NO stops. Many Forex traders use these Forex trading techniques successfully but sooner or later the market does what the market does and wipes out all or most of their accounts. A sad reality of trading. Other systems that provide high success rates give so few trading opportunities that traders become bored waiting for a setup to arise. In my early Forex trading days I used a successful short term Forex trading technique which I developed and kept very much to myself. Forex opportunities have improved considerably since then for this technique. It is a technique that allowed me quick, highly successful, deals with good risk control (stops of 16 pips). This Forex technique requires some concentration and focus. To give you an idea most deals go positive in less than a minute and closeout positively within 2 to 10 minutes. The advantage is that there are a good number of Forex trading opportunities allowing one to enter 5 to 10 deals during a 2 to 4 hour period (a day). |
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#2
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fteenetz, I am agree with your views on forex trading system. Choosing a good forex trading platform or system is very important if we want to avoid some losses. It is consider important factor in forex trading.
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#3
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Newby traders may start from learning market trends by Fibonacci Forex trading. I have no special sites on the net, but I believe there are many.
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#4
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Quote:
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#5
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There is no best trading system . Discipline and risk control is the key
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#6
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Hi, The best Forex trading system is nothing except your trading habit. I visit this site fxdialogue.com daily to learn and get myself up to date with forex news and changes. I am new forex trader (1 year). I think habit will help you limit risks in FX trading.
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#7
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people who want to become financially secured in trading at forex market, they need to exert time and money, and to understand the market, so they could be financially secured. It is not about trading in one night, it needs time and effort.
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