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Thursday, July 2, 2009

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

By Michel Brockworth

You are 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 currency trading strategies, will lose for weeks on end. You may face losses and the market making you look stupid - are you handle this and stay on course?

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

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

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

You will learn the fundamentals this means not only learning how and why the markets work - but why you are trading system will steer you to success, so you can get confidence in it and the willpower to follow it.

Are you prepared to do this?

you want to trade in isolation In common-or-garden life, we are taught to conform with the majority and hear pros. In foreign exchange 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 news is a way to win and others trade from the tummy and they all end up with a and all of equity for their difficulty. On the other hand the trader who learns the right FOREX trading basics and has confidence and discipline can make giant gains.

You don't have to work diligently to win. This has got zilch 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 having the right perspective to stand alone and win. So if you want a challenge, currency trading will give it to you and having the right attitude and a burning desire to succeed, you might be on the way to a great second or life changing income. - 23212

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