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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: 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

Monica Hendrix asked: If you are looking at buying a currency trading system then you need to be careful 99% are junk and won’t make you money to find the elite systems that can make you profits you need to check one key point.The first point you need to check is the track record real or made up?Check for the disclaimer below and if you see it avoid buying the system – here it is read very carefully:“CFTC RULE 4.41 – Hypothetical or simulated performance results have certain limitations. ..Read more

Sonia Kristina asked: Is there a single best currency trading system? The answer is no there are several, depending on your aims and risk tolerance. This article is all about finding the best ones and avoiding the bulk which lose money…When choosing a currency trading system, you have a number that are advertised heavily which claim huge profits – but to get rid of most of them, just check the disclaimer on the track record.If you see words hypothetical, simulated or back test this means it’s NOT real trading and ..Read more