Forex trading secrets
For all you stock or Forex Traders out there………?
You know, i’ve been trading for at least more than 2 years. Literally, i’ve been sitting on the computer at least 6 hours a day. There was not one day, that I didnt sit on the computer studying the market. I’ve bought many things, and got scammed with my money. I’ve deposited money that was my monthly’s salary, and lost all of those money, down to less than a dollar. I’ve tried every indicator there is. I retested one month, last month, thought it would refresh my mind, and give me good ideas. No, not at all, it didn’t help. So, is threre anyone out there, that could help me? I promise, if you want me to keep it a secret, I will be glad to, I promise. But, if you want me to spread it, I will too. I keep promises, trust me. Right now, I am writing and studying the market, losing $200 on a position right now.
I don’t know what to do. Can anyone out there, be really nice to someone in need, I would be the happiest man in history. I am in huge debt, I don’t know what to do. Please!
Hi, sorry you lost your money and have been scammed but you should not be paying to learn how to trade. There is so much free information out on the web and the free information is usually better than the paid information.
I have been Trading Forex for two years and had a rocky nine months at the begging. I lost $12,000 in nine months and as a student to me that was a lot of money!! Eventually I found free sites like babypips.com and forexfactory.com which both helped me tremedously.
After I found those sites I was doing pretty well, I would make consistent profit but I found myself always trying new indicators out and changing my system. About two or three months ago I found another site called www.forex4noobs.com (again a free site) and that helped me see Forex in a different light. After implementing some of the things from the site with what I learned from babypips I became truly profitable.
I really respect the owner of Forex4noobs. He can be a bit of an asshole sometimes but he is a wealth of knowledge and inspiration. He is inspirational because he is only 21 (been trading since 15) and he trades close to one million dollars. His trading method differs from most as he does not use indicators. Bellow is an excerpt of something he wrote on his site:
“The idea for this site is for me to teach you how I trade the Forex Markets. I have been trading financial markets for 6 years now, Forex for 4 years and I consider myself a professional trader. Now my way of trading is a little unique: I do not set-up a few indicators and say “enter when this crosses this and that crosses that.” In fact, the first thing I say when teaching somebody my method is THROW YOUR INDICATORS IN THE BIN!!
Now that they are in the bin, we can learn to trade based solely on the information our charts give us. It’s a low stress, no confusion way of trading that is extremely effective.
It may seem impossible to trade without indicators but all I ask is that you keep an open mind and have a look through the site. It may just help you become a very successful trader.”
Discover Forex Trading Secrets With These Resources
If you are serious about pursuing investments in the realm of the foreign exchange market, then you want to learn as many tricks of the trade as possible. Fortunately, uncovering Forex Trading Secrets is not as difficult as you may think. Here are some suggestions for resources that will help you learn some helpful tips and tricks in very little time.
One of the key things about building your arsenal of Forex Trading Tools is to understand that some of them will be online resources while others will involve more conventional avenues. Don’t tend to think that one is a good substitute for the other. Plan on developing a working list of diverse resources to help you in learning How To Trade Forex.
A good place to begin learning a few tips and secrets is by purchasing a few books on the subject of foreign exchange. Forex Trading Books are loaded with background and ideas that may be just what you need in order to get very enthusiastic about the whole idea of trading. Books also have the advantage of being accessible even if an electronic device is unavailable.
Along with printed matter, don’t forget to ask your dealer about some basic Forex trading secrets. Often, this will yield at least some good ideas to keep in the back of your mind when deciding whether to initiate a given deal or not. Remember that a broker dealer has a wealth of experience to call upon, and there is no reason why you should not pick up on some of that experience. Most dealers are happy to share a few tips with a new investor, since it helps to build rapport and increase the chances of doing business together.
Networking with other Forex investors is also a good way to learn about resources and pick up some tips that could allow you to make quite a profit. You can find other investors at business-related events in the community, as well as participating in online forums that cater to Forex Trading Tips and strategies. As you come across some good ideas from one source, don’t forget to share them with others on the forums. This will help you cultivate the reputation of being up front, which in turn will make it easier for others to respond with helpful suggestions when you ask a question.
Searching the Internet for helpful articles about Forex trading may also provide some useful ideas as well. There are a number of web sites today that are devoted to the subject of Forex trading, so finding plenty of content on the web will not be difficult at all. Look for sources that offer links to other resources, or include a bibliography at the end of the article. These tools will help you continue to find more resources that will yield even more useful trading secrets.
About the Author
For more information on how to trade Forex like a pro, visit Forex Advisory Services now! Here you’ll find tons of informative articles, as well as full reviews on the top Foreclosure products and programs available today!
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