Over the last few years, our trading community has produced many professional traders who now earn their income from trading and also some who manage accounts for others as well as for investment firms and banks. The reason why we are able to keep producing successful professional traders like the many you have heard from already is that we know that success in Forex trading is not based on a Forex Trading System or Forex Trading Strategy such as entering a trade when some indicators cross a certain level. People still often ask, “What is your system?”
What is the system for building a house, being a doctor, playing the violin, or developing computer software? Is using nails, or taking blood pressure or rubbing a bow on strings? In Forex trading the system is learning to read the market on all time frames and then entering trades at the ends of corrections and exiting at the ends of trends. Yes, I know that many people don’t believe that is possible but that is why we are successful and they are not.
If you have ever enrolled in a Forex trading training program, or seminar, or bought a Forex trading course or tutorial I’m sure you have experienced how vague the whole concept of the reason to get in and the reason to get out. Maybe your Forex trading account starts to immediately dwindle down to nothing while you still don’t really understand why you would want to enter a trade and what are the conditions for entry.
If you got interested in Forex and then found a coach or mentor from a Forex Broker you probably definitely experienced some advice that does not give good results. After all, the person giving the advice works for the company that prefers that you would love much like asking a Casino dealer how to win at poker or blackjack.
In the world of professional Forex trading, the first step is learning to read the market in a precise manner that other books and courses not only do not teach but have no idea that it can even be done. Then it’s about practice and patience over time and not about memorizing entry criteria in one weekend. If you have that attitude you will surely achieve your goals in Forex trading.
Forex Trading: How to Totally Beat The Forex Trading System
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