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Saturday, July 4, 2009

Automated currency trading - No BS Trading recommendation from a Real Pro .

By Michel Brockworth

You're going to look stupid and lose if you read a lot of the rubbish written online, you can trade with some losses here and there or no losses but even the best forex trading strategies, will lose for weeks on end. You will face losses and the market making you look dumb - are you handle this and stay on course?

When you trade you want to know Your edge when you trade you have to know your trading edge - this is the exact reason (defined) which suggests you will appear a winner, when 95% of traders lose. If you do not know what your trading edge is - you don't have one and will lose.

It's a challenge but you can make giant profit if you know what you're doing. To several beginner traders like to follow like sheep and get slaughtered.

You need to stand on your own and take responsibility - are you prepared to do that?

you may learn the fundamentals this suggests not only learning how and why the markets work - but why you are trading system will point you to success, so you can acquire confidence in it and the wherewithal to follow it.

Are you prepared to do this?

you want to trade in isolation In everyday life, we are taught to conform with the majority and hear pros. In currency trading you must disregard the majority view, as the majority lose! Can you able to forget the majority and follow your own path?

Other traders think trading expert reports is a technique to win and others trade from the a method to win and all of them finish up with a wipeout of equity for their trouble. On the other hand the trader who learns the right currency trading basics and has confidence and discipline can make huge gains.

You don't have to work diligently to win. This has got nada to do with working hard (you don't get rewarded for effort just being correct with your trading signals), it's to do with working smart, learning the right currency trading basics and trading signals ), it's to stand alone and win. So if the right foreign exchange trading basics and having the right attitude and a burning desire to succeed, you could be on the way to a great 2nd or even life changing earnings. - 23199

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