Forex Trading: Do You Have It In You

If you want to win at forex trading, you need to like the good football teams – play strong defence first. If you do, the offence will take care of itself and you could soon be making some huge gains and protecting what you have at all times.

Base your افضل محامي استرجاع system on breakout methodology and focus on the long term trends. We have written on how to put together a system based on this methodology in our other articles so look them up.

At the very least, you should watch his free videos on his sales page and register free for his first 5 chapters – you’ll be so glad you did. I learned a lot just from that. Click here to get them.

Many traders “trade the news”, referring to news events which can have a big impact on currency swings. George does not – and claims what’s the point if you don’t have a crystal ball. In fact he strongly advises to not be trading during the usual news-release times.

Trend continuation trades: These methods focus on entering the market in the direction of a trend AFTER the trend has gone underway. They are also classified as retracement trades.

You can never make big money unless you are able to hold on to the trend. Get used to taking dips in open equity when Forex trend following and keep your eye on the bigger picture. If you are unable to keep the risk-reward ratio, you will lose out on the larger profits you can make.

And that if you start with $500, you can be earning $500 every day within 3 months – using the same principles and systems. All steady as you go stuff – with no greed and no suffering.

This method leaves no guessing work. The rules are clear. If you follow them you will make 2% on your account every day trading the pound/dollar on the 15 minute chart. I am sharing this method because I am aware of the difficulties those getting their feet wet in Forex go through and want to stop them from making the same mistakes I did. I am essentially offering a short cut to the rewards the Forex market can offer. With all the trash robots and methods out there I believe there is room for one honest guy trying to help his fellow traders out!

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