In order to succeed in the trading business you need a sound methodology, common sense, discipline and a rock solid understanding that if you do not treat this as a business you have a ZERO CHANCE of long term success. I believe the statistics say that 95 percent or more of new businesses fail even when the owner knows what they are doing. Do you really think trading Forex is going to be an exception and work for you after 3 months of practice or less?
Remember this: small trading accounts will probably not keep me focused to be super picky about your entries and you will almost surely find the same thing. Small accounts normally equals to over trading and YOU SIMPLY MUST LEARN TO BE PICKY ABOUT YOUR ENTRIES. Is there any solution? Force yourself to be ultra picky (virtually impossible) or follow the plan below while you are doing it.
If you are interested in this trading challenge and you want to learn Set and Forget’s supply and demand methodology, read below. You need to become a member in order to participate in this challenge.
This short 12 minutes video show what I am trying to explain.
Disclaimer: Any Advice or information on this website is General Advice Only - It does not take into account your personal circumstances, please do not trade or invest based solely on this information. By viewing any material or using the information within this site you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided here by Set and Forget, its employees, or fellow members. Futures, options, and spot currency and stocks trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Forex and futures markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell spot Forex, cfd's, stocks or other financial products. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any material on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. High Risk Warning: Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in Forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results. |
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