Saturday, February 10, 2007
What is the best Forex trading system and what returns to expect? -
www.4xgenie.com code is MSMS555 Check out Forex Signals. http://www.geocities.com/lcming/Forexsig... Worked for some people. Although let it be known I think Best is a relative terms. For what is good for 1 maybe not for another. Why the imperfection ? Becasue of our Trading Personalities. Our Trading Psyche. Everyone is different. And to think we can trade quot;anonymouslyquot; and quot;emotionlesslyquot; is a myth. What is your trading personalities. Check Out Dr Alexander Elders work on this subject http://www.geocities.com/lcming/Forexboo... I don t know if there is necessarily a best or worst Forex trading system. The greatest variable to success or failure is the trader himself. Forex is extremely sensitive to greed, fear, lack of knowledge, impatience, lack of a game plan, jumping in too soon, jumping out too soon, overconfidence and the list goes on. Forex is a great study of human nature. It is quite interesting that a very good trading system can have wildly different results for different traders. Why is that? If you take a conservative approach and use a strategy that will minimize the inherent risks of Forex while at the same time providing a way to capture consistent profits then you have accomplish two things. Capital preservation and slow steady wealth accumulation. The secret to Forex is to live to trade another day! Currently I am earning a consistent 10%+ per month. I am not claiming to quot;double my money by next Tuesdayquot;. Forex is not online poker. I have been trading with real money for over 6 months and I am quite pleased with nice steady returns. If anyone is interested in the trading strategy that I use I can send them a report that my friend Lee wrote that does a very good job of explaining Forex and the strategy that we use. Send me an email at pupp52@yahoo.com I may also be able to arrange a free 15 day trial for you are interested in evaluating the strategy yourself. Best wishes on your journey!
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