Forex Trading Strategy Books, Download Free Forex E
FOREX trading is a little known market that is generating a huge returns for those who know how to take advantage of it by taking a FOREX trading course. If you make mistakes and lose money, learn from your mistakes and move on. Patience is also something you should continuously learn to achieve – forex trading is not a get rich quick scheme; it can, however, be very rewarding, especially for those who are humble enough to continuously learn about the market and developing better trading strategy.
Let’s put those guys aside for a moment, because first, they have more computing power that the Pentagon and second 90% of their edge” has nothing to do with trading and everything to do with cheating as it is essentially a programmatic form of front running.
Each broker offers several platforms, for any purpose, such as Downloadable platforms (Windows Trader), web platforms (Webtrader), social trading platforms (eToro’s openbook), auto-trading (mirror-trader by AVA), mobile-trading (4XPhone, Plus Mobile), MT4, etc.
Limiting yourself to one monitor will force you to focus your attention on one thing at a time and help to eliminate the possibility of analysis paralysis”, this is especially important early-on in your trading career, and then as you gain experience you might decide you are ready for a multi-monitor setup.
Short on theory and long on practical insights and step-by-step guidance, 17 Proven Currency Trading Strategies-How To Profit in the Forex Market will help anyone-from beginners to professionals, and everyone in between-to master the Forex market and be consistently profitable.
Features include Touch-Chart-TradingTM; real-time trading synchronization between the desktop and mobile apps; server-side price alerts; unlimited paper trading on the desktop; trading in the past, replaying historical data series for traders training; and multi-time frame, multi-currency trading simulation for strategy back testing.
In fact much to my amusement, every year traders with far more computer skill than I email me very elegant charts showing me exactly why my strategies are horrible losers – and yet in real life we haven’t had a down year on day trades since we started in 2013 and as shown last week I closed my personal account in 2016 with 21% gain.
If you were to manage these two markets the same, with the same trade management methods you may just come out with really great results once or twice, BUT overtime those results would leave a lot to be desired and the reason for that is because as just discussed above and as you can clearly see from the examples below; there are clear differences between market types.
A plan is only of value if you actually have the patience and the discipline to follow it. While this can be difficult, it is necessary if you expect to be successful, and it is this very reason why developing a plan prior to the trade is so fundamental.