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leenora46

How to Make Money in Forex

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first of all, do not go live if you are new to forex, try going through free online tuitorials such as school of pipsology, just google it, and practice with demo, you can not learn everything about forex in one month, but gradually with practice and interacting with different traders in forums you will learn alot, another thing is, stick to the basics, there will be a landslide of different strategies out there, just look for one that suits you like price auction, and play demo and treat it like real money that will help alot

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Many forex traders make good profits, but the results vary:

 

Some say that doubling your money in a short time is achievable

Some are satisfied with 5% to 10% returns

Others keep on losing money – these traders don't stay in the market for long

 

The amount of money you make in the forex market depends on your skills, dedication and attention to detail. To be a successful trader, you need to do the following:

 

Learn everything you can about how the market works

Develop a strategy that gives consistent results

Pay attention to analyses from market experts

Carry out you own detailed analysis before making a trade

Know when to lock in your profits and to cut your losses

Be patient and dedicated

Don't let your emotions overwhelm your common sense

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Many forex traders make good profits, but the results vary:

 

Some say that doubling your money in a short time is achievable

Some are satisfied with 5% to 10% returns

Others keep on losing money – these traders don't stay in the market for long

 

The amount of money you make in the forex market depends on your skills, dedication and attention to detail. To be a successful trader, you need to do the following:

 

Learn everything you can about how the market works

Develop a strategy that gives consistent results

Pay attention to analyses from market experts

Carry out you own detailed analysis before making a trade

Know when to lock in your profits and to cut your losses

Be patient and dedicated

Don't let your emotions overwhelm your common sense

 

Hi Jack

Will this advice give me a 90% win rate? ;)

regards

bobc

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