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To get a real forex trading education you need to stop whatever it is you’re doing. Learning to trade forex is not complicated. As a matter of fact it’s quite simple.
It’s hard to think that forex is easy because of how the internet is. It seems everywhere you look, there are people killing each other to get a hold of the holy grail. Well, let me break the news to you. There is no holy grail.
While you’re at it stop scavenging every single thread on a forex forum, looking for the ultimate indicator or automated system.
This is the exact reason why 95% of forex traders end up losing money trading the forex market. They go for all these kind of shortcuts, when all they are doing is just hindering their process.
Stop trading like everybody else. If 95% of traders are doing horribly,why would you follow that crowd. You have to ask yourself do I want to keep making the same errors everybody else is doing, or doing I want to stick out from the crowd and think for myself? The answer should be pretty obvious.
Whenever you put in one these supposed “perfect” indicators on your charts, you need to ask yourself, how is this helping me to get a stronger grasp of the market? Is it providing more insight to the underlying reasons why currency prices move the way they do or is it just blocking your view?
I’m willing to bet that 99.9% of the indicators you find online will just cause more confusion. Try to have a less is more approach to trading.
If you want to help your trading try looking at chart naked. The chart, not you. I mean absolutely, no indicators, expert advisors, shortcuts or anything else you can find in a forex forum. Just try to follow the chart and it will become obvious when trades should be opened and closed.
























































































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