A Hitch-hiker’s Guide to the Forex Market
Contents:Key #1: PreparationKey #2: ToolsKey #3: MentoringKey #4: Market price movementKey #5: Risk and RandomnessKey #6: ProbabilityKey #7: Price ActionKey #8: Risk exposureKey #9: PatienceKey #10: Enjoy your Trading!
Many people I meet seem fascinated when I tell them that I trade currencies for aliving. I imagine they fantasize about huge sums of money being made and lostduring frantic moments of trading where lightening quick reactions and a roll ofthe dice determine the outcome of today’s bet, and possibly the size of my nextcar. Nothing could be further from the truth. I have been trading Forex for over 6years now as a full time occupation. I have had successes and I have hadfailures, but above all, I have grown as a trader and as a person. In this little E-book, I want to take you through the basics of trading Forex, which arecompletely opposite to the picture I have just painted. When you reach the end,you will see why.The big question is
“If so many people fail at trading (I have been toldaround 95%) then how can I beat the crowd and succeed”
Well, hopefully this little book will help to answer that question for you and giveyou some of the keys for success. I say “keys” because I truly believe that’s whatthey are, and if you use them properly, you can unlock the door to success. Theproblem with keys, unfortunately, is that few people are prepared to use themproperly. Using keys requires several qualities which many people simply do notpossess or are unwilling to use; qualities such as hard work, perseverance,enthusiasm, determination, study, and so on.