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General Forex Discussion
The Best Way to Learn Forex Trading
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[QUOTE="ezrydn, post: 48493, member: 15946"] It's also not as hard to learn as some may lead you to believe, either. I's simply a mindset you must adopt. First, you CAN learn Forex. Secondly, you WILL learn Forex. I had no one to ask when I started in Feb last year. I'm a bit of a renegade and started thinking outside the box of routine maneuvers voiced on many forums. I played a lot of "what if" to uncover things that worked and/or failed. Failure is how you learn, not by winning. Winning is just verification of what you know. I base a lot of my trading on my combat experience. Surprisingly, they're correlated. While I studied for that first year, I mostly traded at 0.01 lots. I only needed to see positive movement to verify my intent, not to burn through several demo accts. I finally settled on three basic methods: Scaled trades, Basket trades and my favorite, Scaled Baskets. These three methods sent me to Europe this May, my first time over. Never fear trying the unorthodox in your trading. It's how you uncover diamonds. Finally, you will never quit learning this beast. New systems and tools will appear. Figure out a way to use them not mentioned by the provider. Single pair trading is a waste of time to me now. Currently, I pull about 3 BIG trades/wk. You need to decide who's right. Me? Well, what I do works for me. It may not work for you. Why? Mindset! A person who asks for more info when it's stated all is given will not evolve. You have to make a life-changing decision today. "I CAN and WILL learn Forex!" And give yourself time to achieve that goal. I started in Feb '12 by only knowing the word "FOREX." I'm no better than you. And today, money is no longer the goal. For me, it's the challenge between Price and myself. [/QUOTE]
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