Thursday 10 April 2014

Relying on forex trading systems alone will make you must miserable

Their is no forex trading systems that is a hundred percent guaranteed. The minimum success rate of a fairly good forex trade system is 60% while the best forex trading system success rate is 75%

what this means is out of all the forex trades you execute, only 60% or 75% will come out winning trades while the other 40% or 35% executed forex trades will come out loosing trades.
What will make you profitable in forex trade is how you manage the 60% or 75% of the times you make profitable forex trades and the 40% or 25% of the times you make loosing forex trades.
So, what will make you a profitable forex trader is;
Best forex trading systems + Best forex risk management strategies = Profit
Forex trading systems and risk management strategies are like chemicals which on there own are harmless but when mixed together causes a chemical reaction and it becomes dangerous. So, next time when you are trading the forex market, don't forget to mix this two chemicals together (best forex trading system and best risk management strategies) which on their own can destroy your forex trading account but when mixed together will grow and multiply your forex trading account which will transform you into a forex millionaire..

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