When you first start trading forex your mind is filled with so much advice from every forex site that you are confused and dizzy in no time at all. Everyone wants your money for their sure fire system or book... just run from these ads and keep your money.
You can make trading as difficult as you want to. I like simplicity personally.
The truth is you have to develop your own system that you have confidence in. I took lots of notes and kept this tid bit and that one which I liked. Then I put all those together to develop what and how I now trade. You'll have to do the same thing to become successful.
In my opinion the London session is the best and moves the fastest. However in my timezone Id have to be up all night to trade it. So I normally try to trade from 5am to 9am Pacific which is reasonable for sleep. Others love to trade other markets.
I hope the simple systems are helpful to you that we have presented to you here. We have a lot of honest and helpful traders here for your benefit.
Keep your trading system simple, limit the indicators, study your charts an hour a day if possible. If you break forex trading down to its basics... its not difficult to trade. Just practice on demo until your confidence builds.
Post your charts with questions and post your trades so we can all benefit. Were here to help you.
Big E
You can make trading as difficult as you want to. I like simplicity personally.
The truth is you have to develop your own system that you have confidence in. I took lots of notes and kept this tid bit and that one which I liked. Then I put all those together to develop what and how I now trade. You'll have to do the same thing to become successful.
In my opinion the London session is the best and moves the fastest. However in my timezone Id have to be up all night to trade it. So I normally try to trade from 5am to 9am Pacific which is reasonable for sleep. Others love to trade other markets.
I hope the simple systems are helpful to you that we have presented to you here. We have a lot of honest and helpful traders here for your benefit.
Keep your trading system simple, limit the indicators, study your charts an hour a day if possible. If you break forex trading down to its basics... its not difficult to trade. Just practice on demo until your confidence builds.
Post your charts with questions and post your trades so we can all benefit. Were here to help you.
Big E