The right way

I've been reading all the posts, it seems to me there is so many ideas and thoughts. The more I read, the more confused I'll become,
Im hopping that someone kind enough can show to me the right way to do forex.

one of the beauties of trading Forex is that there is no right way.

i think Jack Schwager said it best...

and im paraphrasing...

"there are a million methods to trade profitably, and all of them are very hard to find."

AAAAMEN TO THAT

What was it Thomas Edison said about all his failures while trying to invent the light bulb: "I didn't fail 10,000 times. I figured out 10,000 ways to not make a light bulb".

The human mind is an amazing thing, when I started down the forex road I felt overwhelmed, eventually things began to make sense and I found something that worked for me.

Stick with it, when you get overloaded, take a break and come back to it. You will find that things seem clearer, in part because your sub-conscious is still beating the forex beast into submission even when you are not consciously thinking about it.

thank for the advice,
"surely I dont want to make same 10,000 ways to not make a light bulb".
This is why I think your experience is the most valueable knowledge to guide others not to do the same mistake again.

10,000 failures: (That's what demo accounts are for!) Aw come on, who doesn't want to blow out his (demo) account a few thousand times.

What you will find in trading is that each system is custom fit to the individual, what works great for one won't necessarily work for another. I think the private forum is a good place to get great info. I think they open next week, and I will be joining up after I've paid off my VantagePoint software bill.

But FWIW, the system I developed over the last year has made me 50% profit since August at 5:1 leverage. I trade EURUSD nightly (at 5pm EST) trading on the daily fluctuations. I get in at the market price in both directions with large stops (over 1,000 pips) and tight targets (usually 15 pips). Over 80% of all trades are closed out successfully within a few hours. 15% within a day or two. 5% are BIG losers. Not a system I would recommend to anyone else! But it works for me.

LET ME REPEAT AGAIN: I am not suggesting anyone try this, all I am saying is that it works for me!

or you can just do 1 or 2 failures with real money. has the same effect

yeah,..
it was really terrible experience..