SECRET OF FOREX

Forex was one of my favorite investments. Do you know why? Cause it’s very volatile. You can ride with the wave if you know the secret. Don’t ever dictate the market, just follow the wave. I already tried a lot of forex strategy that ever exist in this world but none of them like I expected. So, here’s the secret of forex from my experience. What ever forex strategy you used, you have to remembered the holy rule, money management. If you want to trade, don’t ever use your money more than 5% / trade.

If you asked me, what technical analysis or forex strategy I used, I’ll recommended Fibonacci. It shows you the trend, when it changes and when to enter or exit the market. Even though, there are a lot of technical analyses. But I prefer Fibonacci for technical analysis and PDFT, ABCD, 1234 for my forex strategy because it has the same concepts.

You have to be discipline and consistent. And the most important thing is you have to prepare to lose. Set your mental, don’t ever give up. If you want to know how to change or setup your mental, just click here. Even analyst could go wrong. And they only said they revise the suggestion. So, don’t ever trust 100% what analyst said. You can use what they only to confirm. If you hesitate, don’t trade. Sometimes you need to read news too to know where the market goes. You can go to dailfx.com, or crownforex.com, or forexfactory.com.

Before you tried to trade, you should try demo version first to try the concepts of my trade. If you don’t like it, don’t use it. There isn’t 100% winning systems. Just keep it simple and be passion. Timing is the essence. Wait for the signal.

From my experience, 10%/month was very conservative, because I usually get around 13% - 41%/month depend on the market. Well, I have not trade for month if I see that the market kind of blurry. The worst loss I ever make was 6 losses in 10 trades a month but I still profit. Do you know why? Because I see that the market moves not like I expected and it was confirmed by technical analysis, I just reverse it. Don’t ever let your ego blind your judgment.

You can use automatic trading if you could not be discipline. But if you don’t have stable internet connection, it could be disaster. Some of vendor will say that they have perfect automatic trading and give their trading record to prove it. Well, I just laugh. Do you know why? Because they only pick the good record that suitable for their systems and capture it. I already tried several automatic trading, and it doesn’t give me what I expected or what they offer. So that’s why I don’t use anymore. Once I’ve tried, paying automatic trading for a month. And you know what? I found the script (mql script) for free in the forum. It called Dolly Graphics. It used the same concept but different outlook. You can search with uncle Google to download it.

If you want to know more about it or discuss about this matters, just email or chat with me YM ID: Endraz2008