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4 Sure-fire Forex Trading Tips That Will Make You A Better Trader

Forex trading is known as a tough business to break into it. So, If you want to trade through Forex markets, you have to build up a good arsenal of strategies, methods and tricks as well. In this topic, we will show you the right way which will help to make you a better trader.

{A Review On surefire-Forex-trading.com}

According to a review posted on forexpeacearmy.com about using surefire-Forex-trading.com posted on 11 November 2008 saying: ” I’ve owned this course for quite a while. It was a fine introductory Forex course at the time, and still is, for 97.00 its a good deal. I’ve bought quite a few Forex courses in the $50-200 range and this is exactly what I would expect and want from a general Forex course for that price. As was mentioned, there are now several sites where we can get equally good information for free. Baby-pips is the #1, and there are several others with good free information. This does not mean it’s not good to buy a course like this. I’ve always found that the repetition and reinforcement of primary ideas is worthwhile. Once you read several of these courses you quickly pick up on the main themes, and the individual specialties. As far as the marketing spam, this is a real problem. Apparently the money is easier, less risky, and more plentiful. It’s unfortunate that a seemingly competent trader would lower himself to such blatantly unbiased affiliate marketing scams. I really wouldn’t mind if the products where self tested and reviewed, and chosen for their worth. But it seems McRae will market anything, so be careful and get a guaranteed refund“.

{surefire trading challenge}

It is the largest independent trading competition around the whole world. It is like a report card for traders. Your personal trader card is your own area where you could let the other traders to see how you are progressing in trading.

  1. First, setup your personal trading card by registering, then you will become one of the community. It’s 100% free which means that you will never required to buy anything.
  2. Second, setup your trader profile. You can interact or just watch what is going on around you and you will learn everything about how to take part in the competition.
  3. Third, watch the videos to get started. Although, there will be always someone around to help, but the quick start videos will have you up and running in no time.

Through surefire trading challenge, you can share your track record with other traders, you can communicate and interact with other members who are following you and you can keep the other traders updated to your blog. Join now.

{To become a better trader, just follow these 4 tips on surefire Forex trading}

  1. Start as a small baby: There is one main difference between a professional trader and a newbie and it is all about that the professional traders are in control of their emotions while the newbies are not. Learning how to control your emotions is a professional skill which most of the new traders do not have and learning it takes more time. In simple words, if you are trading with $1, you will not be scared to lose it; but trading with $1,000 will make you much more scared to lose. According to this, it is smart and better to start your live account with only a small amount of money.
  2. Think on your feet and be fluid: the trader should be fluid like water in his approach and thinking to trading according to Bruce Lee Empty your mind, be formless. Shapeless, like water. If you put water into a cup, it becomes the cup. You put water into a bottle and it becomes the bottle. You put it in a teapot it becomes the teapot. Now, water can flow or it can crash. Be water my friend”.
  3. Trade only when sure: Never enter a trade unless you are sure that you should be in this trade. Before entering a trade, you should ask yourself two important questions which are:
    1. Why am I entering this trade?
    2. Is my analysis/method/system really telling me to enter?

     

  4. You should set your targets: setting your weekly and monthly targets is very important for your trading as it gives you a goal to aim for instead of trading aimlessly and it gives your trading structure and allows you to plan ahead, long-term. It is very east to set your target, just calculate how many pips your method/system makes you on average each week and set your weekly and monthly target based on that average.

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