It took a few years of constant learning and trying out numerous systems, but I've slowly developed into a profitable forex trader, and now earn a fairly consistent income from trading.
My trading style is mainly based on technical analysis when it comes to forex, and I'm a fairly short-term trader with trades generally lasting between a few minutes to a few days at most.
In this blog I want to discuss not only my own trading strategies and thoughts, but also discuss the overall forex market, and examine the various tips and strategies that I have come across over the years to hopefully help you become a more profitable trader.
If you've already read the "What is Forex?" section then you should know what Forex market is and what it is all about. If not, please do it. There are five essential aspects of foreign currency market a beginner trader (and an old one as well) should be aware of:
- Forex Fundamental Analysis
- Forex Technical Analysis
- Money Management
- Forex Trading Psychology
- Forex Brokerage
Understanding and mastering these aspects of trading are crucial to organize your Forex trading experience.