The Lure What comes to our minds when we think about forex? Money, enormous amount of money. We knows that forex is the largest financial market in the world with its $4 Trillion a day trade volume. Yes, that is why we plunge ourselves into the forex world, right? We want to make thousands, or even millions of dollar trading in this delicious foreign exchange market. Better still, forex brokers offer free trading line (leverage) up to 1:100 or even 1:500. Yes, we can trade 100 or 500 times the amount of our equity. This is the one! Perfect business, low setup cost with unlimited profit possibility.   Before We Start We do our homework. We read many good trading books. We study fundamental analysis, trying to grasp what that daunting economics data means. We study technical analysis, figuring out how to use and read many technical indicators and learn how to spot candle reversal and continuation patterns on charts. We open demo account, trading it for several weeks, and lose all the virtual money. We do not despair; we step back and analyze our trading mistakes. We refine our trading system and open another demo account. We trade it for s…
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