http://cdn.forexfactory.com/images/icons/icon1.gif Step-by-step rules
95% of you will not want to hear this ... but I firmly believe that the majority of people who fail in forex are using a 'profitable' strategy.
Read that again so you are clear on what I just said http://cdn.forexfactory.com/images/s...m/confused.gif
I will use an example ... THV is a profitable strategy and you don't have to pay any money to learn to trade it .. there's strict rules and a helpful forum etc. But how many people continue (long term) using THV profitably?
Let's do an exercise ... how many people are viewing the THV thread right now? There's 24. Of those, 6 are members (including me). There have been over 180,000 downloads since 28 Sept 2009. I know THV is profitable so why aren't there more active members on the thread? http://cdn.forexfactory.com/images/s...m/thinking.gif
Let's conservatively assume that only 5% of the downloads resulted in individuals having a go at using THV. That would be 9000 people. I bet most of them will have moved on to their next 'Holy Grail' opportunity or lost too much money to continue in forex?
In the end, Forex Trading is hard work and you just have to practice practice and practice until you can read the charts. Tools like my dashboard and systems like thv will assist you ... but you have to do enough homework understand price action enought to use them.
Please feel free to comment.
stratman
__________________
http://cdn.forexfactory.com//nfs/sig...ic108824_1.gif
95% of you will not want to hear this ... but I firmly believe that the majority of people who fail in forex are using a 'profitable' strategy.
Read that again so you are clear on what I just said http://cdn.forexfactory.com/images/s...m/confused.gif
I will use an example ... THV is a profitable strategy and you don't have to pay any money to learn to trade it .. there's strict rules and a helpful forum etc. But how many people continue (long term) using THV profitably?
Let's do an exercise ... how many people are viewing the THV thread right now? There's 24. Of those, 6 are members (including me). There have been over 180,000 downloads since 28 Sept 2009. I know THV is profitable so why aren't there more active members on the thread? http://cdn.forexfactory.com/images/s...m/thinking.gif
Let's conservatively assume that only 5% of the downloads resulted in individuals having a go at using THV. That would be 9000 people. I bet most of them will have moved on to their next 'Holy Grail' opportunity or lost too much money to continue in forex?
In the end, Forex Trading is hard work and you just have to practice practice and practice until you can read the charts. Tools like my dashboard and systems like thv will assist you ... but you have to do enough homework understand price action enought to use them.
Please feel free to comment.
stratman
__________________
http://cdn.forexfactory.com//nfs/sig...ic108824_1.gif