If you want to become a Forex Trader, choose one of these mindsets.
The Independent trader or the Dependent trader
Which type of trader you are will dramatically affect the potential money you can make in the markets. In fact, it could well determine what the rest of your life will look like, whether it is how long you work for someone else, when and where you vacation, or where and how you live.
You may think that’s an exaggeration, but the reality is those who take initiative can positively affect the outcome of their lives (and their trading) as opposed to those who let others determine the course of their lives for them. Read more... (700 words, estimated 2:48 mins reading time)
End of day trading: In my last articles, I shared that for any Forex trading method to be considered, it must be first, a complete method (Forex Trading Methods – Finding the right one – part 3 ); second, it must teach specific risk management rules; and third, it should be based on technical analysis, without being 100% mechanical or automated. The last step in determining whether a forex trading method should be considered, is the amount of time it requires a forex trader to implement it on a daily basis. Read more... (457 words, estimated 1:50 mins reading time)
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Forex Trading Methods – Finding the right one – part 4
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Read the full post (457 words, estimated 1:50 mins reading time)
