Learning Forex Trading

profxclub

Trader
Dec 21, 2010
3
0
12
Forex trading strategies is the key of any expert trader to make a winning and a profitable trade. There benefits of having appropriate forex trading strategies are enormous.

Traders who enter trading without appropriate forex trading strategies are almost destined to fail. This further leads to the process of emotion cultivation which again is not good for a forex trader, especially newbies. However, expert traders are highly conscious not to let emotions run over as they usually have concrete forex trading strategies to follow and no matter what, they follow it with utmost sincerity.
 
I believe the opening poster was just trying to express the importance of finding a good system and following the rules to avoid losing all of your money.
 
Forex trading strategies is the key of any expert trader to make a winning and a profitable trade. There benefits of having appropriate forex trading strategies are enormous.

Traders who enter trading without appropriate forex trading strategies are almost destined to fail. This further leads to the process of emotion cultivation which again is not good for a forex trader, especially newbies. However, expert traders are highly conscious not to let emotions run over as they usually have concrete forex trading strategies to follow and no matter what, they follow it with utmost sincerity.

You are right! And this is why, almost 90% Forex traders are the losers; a number of traders start their live trading without enough preparation! Forex is a knowledge based profession, so without knowledge success is completely impossible.
 
Forex trading strategies is the key of any expert trader to make a winning and a profitable trade. There benefits of having appropriate forex trading strategies are enormous.

Traders who enter trading without appropriate forex trading strategies are almost destined to fail. This further leads to the process of emotion cultivation which again is not good for a forex trader, especially newbies. However, expert traders are highly conscious not to let emotions run over as they usually have concrete forex trading strategies to follow and no matter what, they follow it with utmost sincerity.
I could not agree more. Planning is key when it comes to forex trading. Without a master plan, failure is every trader's destiny!
 
Do you have a link similar to this for basics about stock market trading??
My friend is asking for one and I think this was really well written!
Thanks in advance

No, sorry. We do not write about stock market trading. However, I am certain there are many great online resources that explain the basics of stock trading quite well.