You Aint gonna PROFIT unless you Know How to trade Forex.
- Indicator
- Strategy
- Money Management
- Time Frame
Are all USELESS when you dont know how the Market works. Don't be confused on how to trade Forex and How to profit from Forex. You got to know first the very nature of the market before you are going to plan how to take profit from it.
Problem with forex trading is we intend to focus Profiting, We intend to focus on how much dollars we make or Pips we can do. We intend to discipline ourselves on the system we had created and for some which make it worst we intend to focus on the system that others created.
Problem with forex trading is we intend to focus Profiting, We intend to focus on how much dollars we make or Pips we can do. We intend to discipline ourselves on the system we had created and for some which make it worst we intend to focus on the system that others created.
You may wonder and ask if trading is a skill and based on your own personality how come I cant build my account? You knew who you are and have chosen the best indicator that suit on your own personality, yet you cant just build your account up.
Like me i have spent my time knowing what kind of trader I am, searching who really I am. What is the best tailored fit system, strategy and indicator. I have tried learning from candle stick to sophisticated indicators that I know. which often lead my judgment and confidence to no where and loosing a lot than winning...
This is why I created this Topic that often not tought by the many, How to trade a Forex is the base line of everything.
Like me i have spent my time knowing what kind of trader I am, searching who really I am. What is the best tailored fit system, strategy and indicator. I have tried learning from candle stick to sophisticated indicators that I know. which often lead my judgment and confidence to no where and loosing a lot than winning...
This is why I created this Topic that often not tought by the many, How to trade a Forex is the base line of everything.
- Before you can implement your strategy you have to learn and be in one with the market.
- Before you can tailor fit indicators based with your personality you have know the heart beat
- Before you can create system or rules on your own trading style you have to learn how to trade Forex
The importance in Learning How to trade Forex First is Critical. What you are going to see does not have to do on any tools you are going to use. And definitely this has nothing to do how you are going to trade it. Remember there is no right or wrong on trading. What im going to share is the building block, the pillar! the Post and the must . The effectiveness of your tools, strategy, indicator will depend how much you understand how the market works. how the prices are connected with individual time frame. In short, How to trade Forex.
Below are some of the signs that you dont know how the market works. A signs that you dont know the relationship of every price on given time Frame, A sign that you lack or dont know How to trade Forex and make it Profitable.
Below are some of the signs that you dont know how the market works. A signs that you dont know the relationship of every price on given time Frame, A sign that you lack or dont know How to trade Forex and make it Profitable.
- You don't have a hint where the market is going
- Confused on the relationship between time frame
- Dont look on higher time Frame
- Dont understand why the support and resistance changes every-time
- Cant Explain why the support and resistance changes every-time
- Could not identify the signs that market is about to change.
- Dependent on the indicator not as confirmation but a tool where to start a trade
- Often listen on how others think rather than trusting your analysis
Don't Miss understood what im going to share to you. this is not a holy grail, nor strategy and most of all this is not an Indicator. but simply the base line of everything, a heart beat of the Market. The stronger you understand this the higher possibility you will be one with the market. This is not telling you the exact location of the price but rather getting a higher probability to happen. Giving you enough time to respond right and not to react. Reaction and Responding are two different thing. Just like how to trade Forex and How to Profit in Forex.
Reaction by nature are driven by emotions or feeling that often cloud our decision. Reaction can be right but it can be wrong. In which we know in trading if your wrong it will be devastating. Reaction often is form instant or quick in a short period of time. That you have made your decision because you react on what you see or feel.
Responding, this is where you need a skill. See in forex, if you dont know how to trade. you will be reacting more not on Responding More. Since Responding is a calculated reaction, to efficiently solve the task or dilemma. Responding is calculating the the possible things to happen. does giving you room for improvement. While reaction is fixed.
Reaction by nature are driven by emotions or feeling that often cloud our decision. Reaction can be right but it can be wrong. In which we know in trading if your wrong it will be devastating. Reaction often is form instant or quick in a short period of time. That you have made your decision because you react on what you see or feel.
Responding, this is where you need a skill. See in forex, if you dont know how to trade. you will be reacting more not on Responding More. Since Responding is a calculated reaction, to efficiently solve the task or dilemma. Responding is calculating the the possible things to happen. does giving you room for improvement. While reaction is fixed.
So How to trade Forex? watch the video below and learn to respond more not to react more.