How To Successfully Trade Currency Markets
Markets Forex Video

8 Likes 0 Dislike 10 Replies
1 year ago



Posted 1 day ago 0 Likes   0 Dislikes

I have found trading the currency markets to be more difficult than trading stocks as the currency markets are more volatile/random and so you are more likely to be stopped out of your position shortly after entering, resulting in a loss. Currency markets only trend maybe 20-30% of the time, so expect to take some losses. It is possible to get lucky, but longer term its a no for me ... at least when using UTP system. If you are able to consistently predict when a new trend is starting and that trend is nice and relatively smooth, then it should be possible to make money with UTP system, but in order to profit you will have to make back the losses from all the failed breakouts first ... good luck with that.



Posted 1 year ago 0 Likes   0 Dislikes

Since trading live over the past month I have found Fx the most likely to come up with good trades. But I'm still trading the other sectors' instruments.



Posted 1 year ago 0 Likes   0 Dislikes

The Kathy Lien book - Day Trading and Swing Trading the Currency Market should be a good start.

Really interesting so far 

Unfortunately it is taking me awhile to read it due to my work schedule

But it is worth a read!!



Posted 1 year ago 0 Likes   0 Dislikes

Hi twinky et al

I have, so far, never traded FX. What further info do you think would be useful?



Posted 1 year ago 0 Likes   0 Dislikes

loved this post, great introduction!!



Posted 1 year ago 0 Likes   0 Dislikes

As an intro it is good. There could be a bit more info though ;)



Posted 1 year ago 0 Likes   0 Dislikes

Exactly . Very good intro!



Posted 1 year ago 0 Likes   0 Dislikes

Nice intro to FX for me

Thanks