How to Make money with Forex Trading.
Making Money in Forex Trading
It's quite staggering the amount of people out there who are looking to learn how to make money in Forex. They are certainly eager but I am concerned that most don't want to "learn" money trading as much as they would like the shortcut on how to get rich without doing any of the work.
I can't say I blame them. We all want to make money in Trading without putting in any time and effort. Unfortunately, this is not the way it works with currency exchange. If you want to be successful, you are going to have to sit down and learn about what makes the market tick.
I wish there was some magic button I could give you that would just give you a few thousand pips a month in profit, while you're laying on the beach, but that's not how it's done. I'm sure you probably have heard of these trading robots that do just that. Believe me, if they worked I would be the first one using them. I would much rather be surfing than staring at a computer. But if you want to make money in money trading, you better get yourself educated.
It all starts with the notion of understanding price action. You can't learn price action if your charts have a ton of indicators on them. GET RID OF THEM! They are only slowing you down. The key is to see the market through your own eyes, not what the indicators are telling you.
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