Thread: Forex Trading Strategy .

Here is a great Forex trading strategy that works very well for me. No it's not the regular advice that you get everyday from other traders that are probably losing their money in the market too. Most people will advice you to read all the books about Forex, take all the courses out there, practice for 5 years then see where will that take you. We know that this is non-sense.

When we decided to invest in the Forex market it was because we want to invest money and see some returns quickly without having to go through a learning curve that takes forever, then if you got really lucky it might work for you.
I decided to take a different approach and think a little bit out of the box. I figured, I don't have to be an expert in Forex to make money in that market. Let me give you an example. If someone filed a lawsuit against you, You don't have to study law for 10 years so you can win in court! You simply hire a lawyer that knows what he's doing to take care of that for you.

It's the same thing here, I am an investor I need to make money investing in Forex. There is no point in studying it for years and try to come up with strategies that only god knows if it will ever work or not. I even end up spending money on training courses and I find my self in the end losing money without even getting started in trading.

I took a different path, some might call it laziness but I frankly don't care. All I care about is to see returns on my investment without learning how to trade from scratch for years. I invest my time looking for qualified traders that have a track record and the skills to increase my portfolio safely every day. There are traders all over the world with outstanding trading skills there is nothing wrong with hiring or following some of them and in return they take a small cut, at the end of the day everybody is happy.

It is hardly any rocket science about the importance of good strategy but it must be type of which is easily understood and we can follow it, I don’t think we give any strategy or method enough time for it to work which is why, I don’t really like it at all. At the moment I am trading with FMbinary.com broker where I am able to create perfect strategy especially with their 85% payout for short and long term trade options which is just ideal.

Become a good trader need consistency with a trading plan. Implement a daily routine that allows you to combine your job, family and friends, your hobbies and trading. Plan your trades the night before, check your charts in the morning to see if the setups you identified played out and don’t trade from your smartphone at work. Your trading plan and your journal are going to be the most precious tools. If you fail to combine your job, family, hobbies and trading, get yourself a notepad and schedule your trading time specifically.