What Is A Good System For Forex?

What Is A Good System For Forex?

Trading at the end of the day is personal, that was a quote from a friend of mine that trades very large positions. No matter what or how you trade, it is a personal choice on what and how you look at the markets.

What happens most of the time, is a system fails a guy and he sets out on a quest for a new system. Then That system fails him and so on and so on. and you never make a dime.

I know, because I have done this myself, the journey never ends and is a endless cycle.

You really can use any system that you would think fits your style. You see what happens most of the time, is a system fails a guy and he sets out on quest for new systems then those other systems fail him in turn… but there are people who make money doing it!

Can You Live On 5 Pips A Day?

Any System?

You really can use any system that you would think fits your style. You see every trader is different and every trader needs to find what suits them. That is why i do not sell anything to anyone, because this is not a blanket type deal here. Not every trader will see the markets the way you do. Hence the reason we have trading to begin with. And only one will win at the end of the day.

 

FREE System? 

But dude, I do not have any money and need the system that makes me rich. If this is you? walk away from this right now, because it is a long journey.

Now with that being said, there are folks that make money from the jump. Me, I have not been that lucky and fight the fight everyday. WHY? simple, I do not have a system to speak of and tried a million things. And still do not have a set of rules that says, market does this, you do that.

 

 

No Matter

No matter on what or how you trade the one thing we are all looking for is to make money. Do Not Buy into that bullshit On YouTube.

I have talked to so many folks that have been burned buy buying a system. Here is a tip, to weed out the scum bags on there. Look at there position size as they pitch you there system. I bet it is a dime micro lot.

 

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Conclusion

No matter what or how you trade, at the end of the day the one thing you will be looking for. Is being consistent. That is the real key to any trader period. We all have our good days and Bad days. But if you are ahead at the end of the day, week, year. Then you have a winner.

Keep in Mind

This is just AND IDEA AND NOT TO BE TAKEN AS FINANCIAL ADVISE IN ANY SHAPE OR FORM.

The ideas here are just that, my ideas for trading the markets, and this is for education purpose only.

 

U.S. Government Required Disclaimer – Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.