2. Well there are a number of reasons
why they are successful. The first
thing I will point out is that
successful forex traders usually
have one unique quality and that's
discipline. This is one of the most
important attributes a forex trader
can have.
My Best Forex System on page 4
3. Trying to constantly pick out highs
and lows may potentially create
more profitable opportunities but it
is exceptionally hard to do,
particularly on an intraday basis.
You're much better off creating a
simple trend-following system
using a few basic technical
indicators. Sorry you are so
uneducated you cannot understand
plain English. I see "affiliate" is now
an understandable word. though.
My Best Forex System on page 4
4. After having done your trade for
the day, you can log off the internet
and just come back on to check on
what is happening to your currency
forex trade and the forex market
itself. No harm in checking once in
a while and seeing if you need to
have some actions done. There are
only some of the reasons why
people choose currency forex
trading over other trading and
businesses that are rampant
everywhere nowadays especially
on the internet. i am just 20 and its
a good age to do anything a person
can do.
Best Forex System Explained
http://andylank.com/cash-flow/
5. This is why I personally
recommend you trade the 15 or 30
minute charts, or even the 1 hour
charts. Day trading doesn't have to
be all about taking lots of small
positions that may only last a few
minutes or so. You can day trade
the markets just as effectively
using the slightly longer time
frames. That way you have more
time to think about your positions
plus you will often find that the
trends are a lot clearer and
therefore you will have a much
higher success rate.
Best Forex System Explained
http://andylank.com/cash-flow/
6. This last point is another reason
they are successful - they have
developed a profitable trading
system. There is a misconception
about trading systems that
everyone who is making good
money from forex trading has
found the 'holy grail' trading
system but the fact is that you
don't need this fictitious ''holy grail'
system. In fact it doesn't even
exist. Profitable traders and
financial institutions make their
money by finding a good workable
trading system and playing with it
to ensure it is profitable in the long
run.
Best Forex System Explained
http://andylank.com/cash-flow/