FOREX TRADING: How to be Successful ? If you Mam or Dad work for Exchange or Bank , before going to trade play lottery or casino , casino have match better probability to win , they don’t change algorithm in real time like Forex .
Here is you road
1 year ; Strong believe that Money grow on tree, you can make easy money Forex Trading , any market , Strong believe in anyone metod and every indicator , specially very expensive ones, money making expectation will clog you mind completely, all you will do spending 1000s of dollars on data feed systems indicators so on..
2 year ; Wait a minute i spend so match ? AND no result what happens ?
3 year ; no money again ? no one else making money, non of my friends too , if you strong you will Continuum trading looking for holy grail , and strongly believe that money grow on trees and just wait for you , Currency Exchange is bug of money just for you and every one will help you to make the money, every one will tell you something very secret that works, just for you for extra money.
Every day you will discover something new and very secret and profitable, week later somthing new againg and so on
4 yer ; you will try me be geometrical trading , Fibonacci , price action ,clean chart, it works you make money , the problem for some reason that people believe in indicators so match and after years of trading just cant accept reality that very simple treading line work better then $1000,s indicator, how come ? you mind will sabotage and spend one more year fighting with you self and strategy,
5 years ; finally you start Forex Trading making money with geometrical trading market profile price action, Fibonacci and become so confident , guess what margin call again you are so confident you overconfident , lets make money, lets double it , lets return all money that i lost About $100000 minimum , lest open trading company , stop working , i know how to trade i,m a professional , guess what ? MARGIN CALL AGAIN
that will kill you account and psychic completely most of you will stop trading
6 YEARS ; FINALLY YOU GOT ALL THIS LESSONS, WAS EXPENSIVE EDUCATION A ? LOTS OF BULL…T AND MONEY EXPECTATIONS, NOW YOU START LOOKING FOR HYPNOTHERAPY NLP , EEG , QEEG , BRAINMAPING AND SO ON.
LET ME KNOW YOU WENT DIFFERENT WAY
i,m sorry ro my British accent
Best Regards . Alex

www.aboutforextradingblog.com provider of Forex Trading: How to be Successful.

Effective Advices for Currency Exchange Trading Beginners. Dont trade !!! play on demo money exchange with stop order , If you cant make on demo , nothin to do in real market , just a heart you filings and budget. Well if so confident go to www.topsteptrader.com and prof for you self and to people that you ready , do it on you own hard to be objective , here you on public , take shot all you can lose is price for test $45 no a lot a???? here is free expert plugin for metatrader free
www.expertadvisordownloads.com/tag/training2-mq4

www.aboutforextradingblog.com provider of CURRENCY, MONEY, EXCHANGE TRADING, MONEY EXCHANGE.

FOREX TRADING, Preparing yourself for Profit and Risks Involved. Many people want Currency Exchange trading. Currency probably best choice , Futures i don’t know , nothing exciting about more regulations and big overnight margin ,wrong balance every time you count it . contract expiration and so on.
Stocks ? my be if you have lot of money and time , bad think about stocks move to match , too match even for 1 to 1 leverage , look like normal stock nothing wrong with nice price action one day stock 70% down , no one know what was the reason .
Forex most of the time no problem with balance compare to futures , you know what i mean .
Forex contract never expire like futures.
Forex have better risk management then Futures , you will never own money to the Currency Exchange or Options, Futures and Stocks very very possible , don’t believe my ???? Ask you Broker About Risk Management , How they liquidate position Below Margin Level, Not Every Brokers Do That. Some one call you later on and ask to deposit extra money to you account .
Currency you can trade spread even better then Futures , no contract expirations. If you want safe trade with better probability take pair trade currency 1 to 2 ratio

www.aboutforextradingblog.com provider of FOREX TRADING, RISK MANAGEMENT, MONEY, CURRENCY EXCHANGE

The is no best  software or data feed for you , it is all you dreams about easy money , magic indicator that work in any market conditions , geometrical trading work match better then any smartest indicator, the problem with indicator it cant see the price action only periods that apply for like 14 or so on , you can add more periods for indicator it make very signal lagging , you don’t want it specially on high time frames , if you open tree time frames day, 4h, and 1h you will need very fast indicator  like momentum or cci woodies to find turning point and confirm it with price action from daily chart, less then day it just noise , you don’t want to cut in retracements , put you  order above the price wait for price action not indicator signal , indicator don’t know too match  to begin with, only periods that you enter , regular trend line , Fibonacci , Fibonacci fan , regration channel  100 time better then any super smart indicator or data feed. So the trick is , NNNo software for you stop wasting money !!!! i don’t  know any one that find the software that works period

you don’t need more then regular free metatrader, you don’t need super magic indicator . Very expensive dont work too , free or for lot of money result wood be the same , margin call period .

All you need is right mind set , lot of waiting, lots of money so you  expose only %5 of you account at the time and add more positions to it , and price action , thinks like this. And lower you expectations about making money at least 100 times , if you can make steady $100- $200 every day you all ready champion , practice and practice year after year polish you skills slow increase you position size Slow !!! it will take at least 5 years to be so so trader. check out

http://www.topsteptrader.com

www.aboutforextradingblog.com provider of DATA FEED, MAGIC INDICATOR, MONEY, MAGIC INDICATOR

Currency Exchange trading if you want to be successful, you need to know the basics about the Currency Exchange.
Price Action , Market Profile, Fibonacci
Knowing about the different trading strategies in Forex will allow you to minimize the risk of losing money and increase your chances of making huge profits.
You should remember
indicators don’t work !!! indicators never tell you end of the trend , don’t even try to predict it, CHANGE IN TREND IS POLITICAL DECISION NOT BULL AND Bears,
just follow the trend . Don’t trade Forex news , you don’t get correct information about news for any money, just you and clear screen no TV , no RADIO, no Friend Advise . Mo, We, Daily time frames, Trend line, Fibonacci, Market Profile, Regression Channels.

www.aboutforextradingblog.com provider of IN FOREX TRADING, FIBONACCI, MARKET PROFILE, CURRENCY

End of the Trend ? Still Holding EUR/USD Long ? Feels very Good , look like our Bear got Tired , Very Nice Turning Point i guess
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Market like as to make money so bad

Don’t Give up Hold it
I Know How you Feel , Well if one day Market Stop do This Staff to you , Then Market Will Receive Margin Call , How do They Pay the Bills Then ?
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Very Simple tactic to Convince That you are Wrong , Scare you to death , Dive you Some New to Analyses , Wow you eat it, Make wrong decision , Then it market Turn. Very Simple a? Don’t Trust no one Specialty when come to money !!!!!!!!!!!!!! Follow Price Action !!!!!!!!!!!!!!!!!!

Buy EURUSD OR SPREAD ? Do you think buy some ? I just make 1 lot long or wait 10:30 ? This time floor traders from banks usually move market down to buy at better price . Trade mobile ???
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I use Metatrader Indicators: mq4, Level Sensor.mq4 , BreakOut_BOX_5.mq4 , ExportLevels.mq4

www.aboutforextradingblog.com provider of EURUSD OR SPREAD

Exit Short EUR/USD !!! Did you Make Little Money ? i did . i Don’t Know my be even try to buy some EUR/USD ? Just be very conservative this i counter trade to monthly trade.
My be cover with hedge some GBP/USD ? i think i wait too scary to my , buy 100-200-300 lower price limit orders with spread of GBP/USD , don’t like to risk ? just place you sell orders above 200- 300-400 pips to sale, don’t have to be perfect use any numbers you want 100pips or 150pips don’t make any difference or enter it manually if fill like , just get the idea.
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Spread Trading and Indicators
Take a Look at pic.
Do you want to Sale ? the Currency or any Instrument Structure is Like This Ratio 2/1 ok Every Currency base on 2/1 Ratio cross-rate too , , EUR Moves twice More Then USD at Daily Range in Order to have some trend. Do you follow me ? So Every Currency Exchange Structure is 2/1 so if You Have Uptrend and you Want to Sale Later on, Probability is not on you Side ok .
1. Is the Ratio 2/1 Against you ,Twice less Probability to sale side

2. Bigger Period Traders That Trade Long and Hold Position Little Longer , How Match More Prof you Need not to Trade Against the Trend ? it will override you 2-3 0r 1.618 Fibonacci ratio times upwards
One More Trick for Spreaders
you can Change the Ratio to 2/2 Like in this Case if you Want to Sale Better way Wood be Sale 1 lot EUR/USD and buy o.5 lot USD/CHF
Even Better Example you take Cross rate Currency do something like AUD/NZD sale 1 lot AUD/NZD BUY 1 lot NZD/USD
once again you don’t have to sale it in this case , it just a example , you have to buy with same technique
Did you catch the trick ???? Now we Double you Probability Twice
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