Sunday, August 9, 2009

Learn Currency Trading My Way

Learn Currency Trading My Way

I want you to learn currency trading my way. I've been doing this for a few years now and through some of my lowest lows, I've learned the lessons of being a great trader. This market has over three trillion dollars a day in trades and there is absolutely no reason why you can't have any of that money coming into your pockets. You need to know exactly what is required of you and what it takes to be good. I hope to show you that with some of my experiences.

Your Exit

Anyone that seems to have a lot of money talks about your exit. Anyone that doesn't have any money is always talking about the entrance. What am I talking about? The entrance and exits of a trade (or the buy and sell). For the longest time, I used to be looking for the best buy. I wanted the best price and I thought this was the best way for me to trade. It wasn't until I learned that this was wrong that I started to make some money. You don't make a penny until you exit your trade and exit it when it is much higher than what you bought. You need to focus on the exit or you won't be focused on profit.

There is only up and down

This is probably the simplest thing you'll ever hear. Currency only goes up and down, so you don't need complicated strategies that are extremely sophisticated, you need to learn what makes currencies go up and down. That's it.

People out there spend years learning all they can about Forex trading and how they can have the upper hand in making money. I can honestly say that - yes

you can make money through Forex if you study and study hard. Making money trading forex now.



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1 comment:

  1. I have been trying to learn how to carry out currency trading and read so much about it. But the key points that you have summed up in this article are really useful. Thanks for sharing your experience.
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    ReplyDelete