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Ignored Simple Approach on how to Trade Forex for Profit
9jakas Posted 9 Gen in #Trading Mistakes #Automated Trading #Trading Tips #Trading Strategy #Automated Strategies #Trading Method15/70
Classifica
At about 08.00 GMT, Saturday the 9th of January 2016, when I was reading one of the article posted here. I discovered once again how, many traders are so obsessed with creating strategies that they presume will make them profits in the market accurately and consistently.
Towards the end of the reading, these where the authors own words, may I ask permission to quote it “This whole process taught me the importance of considering large time frames during my trading analysis, and also the fact that automated strategies will never to totally reliable because they lack the human intellect to consider real-time fundamental changes in the market”.
This trader is not only correct, but did demonstrate from the statement above that she understands market price dynamics.
INTRODUCTION
Granted, every forex trader wants to make profit. The old trader feels very badly when he sees he still get trade losses and the newbie trader becomes even more nervous and don’t want to get losses. In this article I want to remind the older trader and show the newbie traders what works, don’t quote me wrong, for some it works for them – understand my personal trading secrets am about to reveal for the first time…
Towards the end of the reading, these where the authors own words, may I ask permission to quote it “This whole process taught me the importance of considering large time frames during my trading analysis, and also the fact that automated strategies will never to totally reliable because they lack the human intellect to consider real-time fundamental changes in the market”.
This trader is not only correct, but did demonstrate from the statement above that she understands market price dynamics.
INTRODUCTION
Granted, every forex trader wants to make profit. The old trader feels very badly when he sees he still get trade losses and the newbie trader becomes even more nervous and don’t want to get losses. In this article I want to remind the older trader and show the newbie traders what works, don’t quote me wrong, for some it works for them – understand my personal trading secrets am about to reveal for the first time…
