So you wanna get paid???? Well Forex is a great way to do it. This site is to try to give you some insight, so that you can avoid many of the pitfalls new traders encounter when they begin trading.
There are two really good ways to learn how to trade.
#1 You can go broke, like I did, or
#2 Learn from someone who knows how.
When you go broke trading, you do one or two things, quit or learn to trade, which is what I did.
When you fall in love with trading, you will find it is as addictive as a drug, but failing in the market repeatedly makes you feel like you are going to die.
Not to worry, you can learn to trade successfully.
#1 You must be disciplined,
#2 You must be patient
#3 You must K.I.S.S. (Keep it simple Sexy)
Trading isn't hard, just tricky, It is tricky because Trading goes against all of your logic and instincts, and makes no common sense, but not to worry, it can be almost mastered, I say almost because there are no fool proof systems of success in the market, all you can do is put the odds in your favor as much as possible.
While I am tempted to tell you everything in this introduction, we will go slowly.
Ok, I can't help it. Just a little advice along the lines of "trading isn't hard, just tricky";
The market never makes common sense to your mind or emotions, which keeps
you thrown off. Wait until you can clearly see an opportunity where you truly have
the odds in your favor and it may only happen twice a day, if that. This is physiological
warfare, a total mindfield(mind game) in which you have to have nerves of steal
and the ability to outwit those who make their living trading against you.
Thank you for visiting, please check back for lessons that can help you trade better.
If you have any Questions, please feel free to write to me at •*¨¨*•-:¦:-•* -
I will do my best to help
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This blog is not in anyway an enticement or solicitation to trade in the Forex Market. These tips are for informational purposes only and are not to be substituted for legal advice or council. I have written this blog in hopes that it will help you to avoid some of the terrifying pitfalls I had in the Forex Market before I learned better.
Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you need for living expenses and cannot afford to lose.