Next level...

Speaking of the traders in the forex trading will not be endless, a variety of trading strategies they learned and developed in order to comply with her each and were able to get the expected benefits, find the best it is not easy to do, especially when the basics of price movements is very minimal.

Develop expertise in forex trading so that have a high degree of accuracy and have a lot of opportunities is not easy matter that can be learned with a few months, those who have any experts go through stages that Decker and a long time to be able to reach a level of consistent profit.

Indeed if continuously learn and practice gradually will also achieve this, and one that can't be learned in tech book that is experience or flying hours in forex trading.

You can learn various techniques trading with owned intelligence in a quick, yet the experience obtained by the practice of directly and of course it will take a long time.

This is where the role of consistent business from traders so that it is able to achieve a high flying hours together trading techniques are used, that will distinguish it from all other traders.

So let us continue to strive in time to keep practicing and keep doing the evaluation, so that we can improve the trading expertise to stage a more advance level.

by: nalaktak

Too much strategy, but still frustrated?

This is not too far when veteran traders got used to draw trend lines using a penciland paper. While the market data is sent through the post to them and there is no trading desk and computer. Are they really wrong with not using the charting platform super analysis? Whether they are all losers? I'm sure they are not just doing great but compared to my fellow traders (including me) they are really sophisticated traders. I won't spoil the people as we have legends and hundreds of good traders who actually make money around the world every day. I only finger pointing to those traders who thought that the account was canceled because they really don't have the best strategy for trading safely and at the same time a 1 million dollar is fair enoughone-year outlook for 10000 dollar trading account.

Where a trade strategy that was introduced as a reliable way to generate money for merchants, there will be a few questions to ask, aims to evaluate the accuracy of a particular strategy:

Is it a trend or market strategy based on various?

If it works as a trend-based strategy, what strategy can offer to avoid a variety of markets and vice versa for various markets based on strategy?

Whether day trading strategies or planned for longer term trading signals signal?

If the trade Intraday strategies how many hours and when exactly should I sit and watch the screen?

If long-term strategies, whether withdrawal may be estimated in pips?

Is there a historical performance trading using a particular strategy in a real accountand if the answer is "Yes", for how long? (do not rely on less than one year)

No money risk management rules & inherent mainly tested on this particular strategy?

What is the average risk/highest/lowest trade ratio award last year past?

Is there anyone who used the strategy in a real account? (Aware of the marketing tactics and ask someone who is honest)

What are the results of the above mentioned trade, friends is a positive thing, ok not to believe he is not because he is a liar marketers but because no one can adjust the general strategy with characteristics that are the same for everyone. In this case you need to test itself.

Ask the developer about the psychological pressure may come to you when using that strategy in a real account (we recommend to ask Your mentor to analyze strategies)

Are there any rules out and Stop Loss for different market situations?

Ask the developer if you could get back to him several times asking questions about some of the points that you really don't understand. (don't make it 100 times a week because he would not sell any of your strategies)

However, I know a few people who experienced real damage and disillusionment which they try to believe the strategy from day one. So I'm very serious, don't ever try to implement a new strategy on Your real account unless you meet an expert and he gave the green light or you just passed the one-year continuous testing.

Final words:

You may ask for how long? One year ... that's too much ... I can't wait ...!! If so you can try it, but count as gambling ... You know gamble ... Jack pot too much, no hot shots.

Let science make you rich step by step, don't ever think you're smarter than every other traders because no one knows what will happen next. So it's better to be on the side of people who wins the wise trader because of their discipline and had spent a long time practice before doing something real on their money. Try to admit it if you're not quite sure about your abilities and try to solve problems with patience and remember it's not worth it if You make a million dollars in three or even five years later than lose what you get from hard work within just a few days.

Source:

S. A. Ghafari

How to Trade With Your Gut

The best traders are observers and anticipate their moves beforehand; this is called the “gut feeling”, every trader should rely on the gut feeling while trading as it is something that will undoubtedly establish to a higher degree as you gain your experience in the market.

Gut feeling can be understood by starters if we call it trading inspiration as well as high hopes, this is a very significant and dominant tool that you will need to develop to move up into the top 10% outstanding traders.

Practice Makes Perfect

A lot of professional sports players have put in massive amounts of effort and practice and because of this; they have been able to go pro, they have played with a wide range of different players and this is what gives them the gut feeling to what their opponent’s next move will likely to be, this gives them leverage out on the field, much in the same way, in your trading strategy when you’ve put in enough screen time, you will start to develop the gut feel. There are many more situations where gut feelings takes place, whether it be sports, trade or other more practical fields in life, but in all, it surely requires experience and commitment for development.

Gut Feeling and Price Action Trading

The various strategies that the trader uses will eventually become common facts to the experienced trader and as time goes on, the traders’ gut feel will help him determine if a trade is worth taking or not. Sometimes the trader may not even know why he is choosing the side of the market and not the other but his experienced mechanism will build up his thinking level, while he makes decisions the more experience and exposure that he has gotten with the charts and price action, the more prompt he will become.

It won’t come very quickly and will require lots of time of practice and experience but as you look at the charts and price actions, the gut feel will develop along with the development of strategic thinking.

-See more at:  https://goo.gl/pPHoLn