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How to become a successful Forex Trader
gopala reacted to mynameisandhy for a topic
To become a successful Forex trader takes time, education and knowledge, but the news is anyone can do it. You do not need to be a genius to be a Professional Forex Trader. You only need to invest time to learn and practice. Many people who disagree with my opinion above, because they are the people who have succeeded in the area (work area) and they saw another Forex Trading only as a mere financial game. Let us learn from successful traders, how the properties of (trading) them so that we can learn from their success. 1. Look forex trading as the same as other business professions. He takes effort and time to trade well. 2. They acknowledge the existence of financial risk in forex trading. They know that they can profit and also lose money in forex trading. They use smart money management skills. 3. They educate themselves first and build knowledge together with any profession, considering all it takes work processes. They respect and obey all the rules previously established by previous successful merchant. 4. They have patience and understand that it takes to succeed. They do not see it as a get rich quick scheme. They invested a small amount first and build profits slowly. 5. They know the importance of having mentors like any other profession. They understand their own shortcomings as a beginner and always seek knowledge from experienced traders. 6. They live with a proven trading strategy and trading only one currency. They do not jump from one strategy to another. They did not try a lot of currency trading at one time. 7. They set aside enough capital that they could and lost. With the money they could loss, but they do not feel the pressure while the trade. They just follow their trading plan and carry out their trade according to plan. 8. They recorded their trade. They reviewed the current profit, also reviewed when the losing trades and understand their mistakes and how they can improve their trading results. The figures are that 95% of forex traders loss because they failed to plan and will not use the characteristics above. Make sure that you get education and knowledge level is sufficient. You have to learn, be happy!1 point -
Scalping for Winners - 99$
goldseeder reacted to mashki for a topic
I just bought it...Enjoy Are you unable to devote as much time as you’d like to your trading? Does your busy schedule prevent you from capitalizing on market moves? SCALPING could be the answer! In “SCALPING FOR WINNERS”, Trendfund’s Chief Technical Analyst, Michael “Tiny” Saul, will demonstrate how you can make high-percentage trades that often last only a few minutes! He’ll show you how you can take QUICK PROFITS several times each day, without having to dedicate very much time. You’ll learn to recognize profitable “set-ups” immediately, and cash in QUICKLY on these short-term plays. Here are some of the benefits to scalping that you’ll learn on this tape: • Short-term commitment • Limited exposure • Very little research or preparation needed • Overall market condition is IRRELEVANT! • Be right only HALF the time and STILL MAKE MONEY! • Outstanding strategy for “choppy” days For more info :https://www.trendfund.com/store/index.cfm?CFID=37183&CFTOKEN=39046694&action=item&item_id=83 http://rapidshare.com/files/219341869/Trendfund_Scalping.mp41 point -
Magic Stick http://www.4shared.com/file/WVkjCOKa/Magicstick.html1 point
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