Thursday, September 5, 2019

how to become a real forex trader

This might seem overwhelming as there is so many things need to be done in order to become a consistently profitable trader however it's nothing compared to the many years you have to study to become a doctor or an engineer or whatever you wish to be and yet still the outcome is much bigger with trading and have the potential to provide you with the best life style compared to being a doctor , this is a fact you need to have in mind before  trying to become a forex trader .
After all being a forex trader means that you have a business you have to run so you have to be serious about it .
For me trading consist of 3 things which are trading strategy , psychology and money management you need to master the 3 things one by one to become successful in your new business .
So now lets break them one by one 
First trading strategy , for you as you are only starting so you need an easy and simple trading strategy to follow and then of course you need to take that strategy and practise on and backtest it to make sure it has an edge over the market the way you trade it .you can make sure to watch my video going through one of my best strategy and will walk you through a very easy conditions you need to enter a trade 
https://www.youtube.com/watch?v=81KbYCpKIS8

in my next blog i will go further and and explain psychology and money management so be tuned .

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