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Kelly Price asked: As a trader for over 25 years I have tried lots of ways to make money and learned forex trading the hard way. Here I am going to look at the basics of building a currency system in simple steps and show you how to get one that not only works but suits your trading temperament and lead you to currency trading success.The first point you need to consider before devising a currency trading system is what type of trader are you – Do you have lots ..Read more

Sacha Tarkovsky asked: Successful currency trading looks deceptively simple, yet few traders succeed – despite the fact that there is plenty of material around to show them how. So why is this? – The fact is, much of the conventional wisdom given about successful currency trading, actually leads to the opposite – it actually causes traders to fail.So, let’s look at the conventional wisdom most traders follow, and why it actually causes them to fail – and how if you ignore the conventional wisdom, you can actually make big profits!1. ..Read more

Kelly Price asked: Many novice forex traders want to learn forex day trading online and scalp small regular profits to build into big consistent profits over the long term this is article is all about forex scalping and day trading success…If you are considering learning forex day trading online then think again it will lose you money! Why?Because you cannot judge where prices will go in the short term and will lose all your money over time.The Myth of Forex Scalping and Day Trading ProfitsOf course there are plenty of ..Read more

Sacha Tarkovsky asked: Here are 12 tips for currency trading success if you are new to trading each point is explained more fully in our other material, but these are the basics that can lead you to successful forex trading.Use them in your trading plan, your chances of currency trading success will be increase dramatically.1. You are responsibleYou need to take responsibility for your actions only you can give yourself success. Don’t follow anyone else blindly.2. Desire to SucceedAll the great traders have a burning desire to succeed and learn ..Read more

Sacha Tarkovsky asked: FOREX trading means putting in effort in the right areas, the problem for many novice traders is they listen to a lot of commonly accepted wisdom that simply ensures they lose.When learning FOREX trading follow the simple tips below (many are NOT Accepted wisdom) but as the majority of traders lose that’s no bad thing!Here are 10 tips to help you learn FOREX trading and be successful.1. Don’t day tradePerhaps the biggest error made by novice traders is to fall for the myth of day trading.The reality ..Read more