How To Be Consistently Profitable in Forex Trading.

[mircle]

i think Forex is an art so you are able to live up to and following the rhythms of the movement market that will be a successful trader. dutamakan Forex artists have the patience and discipline rather than an extraordinary cleverness.

remember not that easy to get a profit, it is not smart and it is not the determining a trader, because the transaction is not only the intellect are in need, but also luck, and luck does not choose whether or not people have had it smart.

[migntv]

Forex Trading Strategies � How to be consistently profitable in forex trading

FOREX TRADING STRATEGIES

I always get the same questions from forex traders around the world:
�Ezekiel, I can�t seem to be consistently profitable in forex trading�
then they may follow on by �I know my forex trading strategy works.. but i just can�t get profits month after month..�
These are the questions that i get frequently. And this is my general answer to them.
I will usually ask them back:
�So, are you keeping track of your trades?�
You see, to be consistently profitable. You cannot forgo this important step.
That is TRACKING.
All successful businessman tracks their own and their company�s performance.
This also applies to successful forex traders.
You must have a proper and systematic way to track your trades and your success.
So that you can see if you are on the right track to success or if you are not even on the track..
Forex Trading Strategies � How to be consistently profitable in forex trading

Here are some simple ways to track your forex trades:
Firstly, you have to just focus on just 1 forex trading strategy at 1 time.
You cannot trade different forex trading strategies together at 1 time, at 1 account.
If you do that -
My question to you is:
How do you know which forex trading strategy is working for you? And which is not working?
Therefore, start trading 1 strategy at 1 time.
Be specific on the strategy and do not deviate or change random stuffs.
Eg. changing the way you enter, exit trades etc.
It has to be consistent all the way.
So run this strategy trades for 20 trades.
At the end of the test, what is your account status?
Are you profitable, breakeven or negative?
Then ask yourself, did you change anything along the way, among the different trades?
eg. the lot size is different, or you should not have entered a certain trade, but you entered anyway.
If there is a deviation � a change,
then you have to restart the entire test.
By using this method of tracking, you will be able to clearly see whether the forex trading strategy you are using is working for you.
Forex Trading Strategies � How to be consistently profitable in forex trading

Besides, i will recommend you to take screen shots of the trades you entered.
This way, you can review all the 20 trades you have entered once the test is completed.
And you can clearly see what are the mistakes you have made on some trades and what are the things you did right on certain forex trades.
This method will prevent you from repeating the same mistakes again.
Ezekiel Chew
Asia #1 Forex Mentor

Very nice keep Exchange is doing a very good job, sir, I think if every body includes novices and professionals left office with their strategies and develop plans that never goodwill loss in currency trading just my experience.

[erwin]

i think Forex is an art so you are able to live up to and following the rhythms of the movement market that will be a successful trader. dutamakan Forex artists have the patience and discipline rather than an extraordinary cleverness.

usually this is because the belief in the market habits, ie the curve shape market basically can not be categorized as an exact science but nonetheless they are desperate. but if you have been very understanding about the shape or habit that price movements may someday lo trader is a trader reliable without indicators ... but it is very difficult ..

[mashiur123]

i think Forex is an art so you are able to live up to and following the rhythms of the movement market that will be a successful trader. dutamakan Forex artists have the patience and discipline rather than an extraordinary cleverness.

[pavais]

If we will and do something seriously to achieve the will / desires, then it seems to me there is no such thing as useless, unless we plunge into the world of forex is just / half-hearted. If that happens we will not be able to learn the serious end of time will be wasted because of what we learned will not enter into our minds due to the lack of attraction of our field work.

[mircle]

if you can seek profit consistent then we have started to enter the group of professional traders, because the results are consistent with the development of the future is more likely for a business success in forex trading ..

[Suvra Datta]

A million dollar question " How to be consistently profitable in forex market. 1st and last of all we should believe on ourselves and make a proper money management and should control our emotions as well greed to earn consistent profit in forex market according to me.

[suzonbmw03]

Hi,friends,These are the questions that i get frequently. And this is my general answer to them. As we know Forex is not a easy business it requires a lot of learning and practicing and expertise come with the passage of time.and it means that because they have serious problem with their trading ( make loses with consistent ).

[eli]

It's hard to dwell on forex, chart movements are difficult to predict. I've been trying to learn from a variety of sources but sometimes right, but not infrequently also missed until I had to wait until the chart back to the open position. The key we have to keep the capital security

[rebate lover]

forex trading is more profitable trading if we make a good trading plan , descipline, use money managment , use risk managment , we should know about concepts of forex trading and learn forex well then we will gain and make profit.