Online Forex Trading Strategy - How to Make Currency Trading Systems Work For You Now that there are hundreds of Forex margin brokers, millions of free Forex trading tips webistes and literally hundreds of thousands of Forex day trading strategy "home based business" Forex traders, we can say that virtually anyone with an internet connection can trade Forex with the pros. In any power trading strategy, a proven trading method will mean that through Forex strategy testing and by using trading risk management, no more than one or two per cent of a total account value is put at risk in a single trade. This is key in the path to big Forex profits. Any trader beginning out will look at the trading methodologies available to them and decide to create trading rules for their Forex trading strategy. Forex trading (currency trading) initiates should be aware therefore not only of technical and fundamental analysis and predicting Forex prices, but also of how to be a trading strategy tester and to have strong Forex trading rules that help them to make the big Forex profits they are seeking. The alternative is to have more experienced Forex trading systems used by more experienced traders end up causing you to lose all your money in your Forex business - the harshest possible outcome. Having the following in place could assist you in getting started right away in Forex trading (currency trading): a Forex trading software platform; a free Forex trading strategy (or a paid for one for that matter); an understanding of fundamental and technical analysis and a trading risk management system. From these elements (and also the support of a daily Forex strategy briefing from a margin broker or some other site) you can start Forex trading in the fx market with your own Forex trading strategy rules. Learning currency trading online needs to begin with sound trading risk management and how to manage your trading account balance by making intelligent risk decisions with your trading account. The risks can be higher with Forex because the moves in a week can be equivalent to a month in stock moves. Volatility is to be expected. Currency trading strategy rules for a Forex business can be developed by amalgamating Forex trading systems of others or simply garnering a Forex education to include: fundamental and technical analysis; trading money management (risk management); a daily Forex strategy briefing from a "third party" and a way of creating Forex forecase signals (in other words a means of predicting future Forex prices from perhaps a technical setup on a currency pair or simply from Forex strategy testing that has been carried out. Forex strategy testing can either be done through using a practice account through your broker or by paper trading your strategy. A third option is to use software such as Forex strategy tester which can run a simulation of what could happen if you trade by your rules with some limitations on accuracy. Free Forex trading strategy tips are available from Forex ebooks webistes all over the web. The truth is that the Forex trading fx market needs to be treated as a business that runs like a Forex trading machine as much as possible. This is key if you are to make big Forex profits in live trading. Lack of regulation means that anyone can sell a "scalping trading strategy" or so-called "foolproof trading method" and make themselves out to be an expert or even say they are a long term bank trader when they are not. There is a need for caution therefore when deciding on where to get your Forex education because not any Forex trading guide is actually going to help in your predicting Forex prices in the near, medium or long terms. It behooves you to go out and look at what is on offer from Forex trading websites and learn more about the global currency markets after you have read this article. Some sites are listed in the resource box at the end to start you off. Trading Forex online then presents challenges. The rest of this article will address those challenges. In order to trade effectively, a Forex trading guide is needed for the initiate in to the Forex markets to be able to learn online currency trading, understand trading risk management and how to manage money, discover technical and fundamental analysis, how these types of analysis of the market differ and how to apply them in creating a Forex trading machine. This means that after all the cogs are set in place you will have a Forex trading machine that enables you to its like a professional and make decisions based in the moment and on the facts that are presented to you, rather than guess or gambling work - although there is invariably an element of risk, your job is to eliminate the risk as much as possible in applying your trading strategy. To make this happen, you will start to think about what you may need in order to implement your trading strategy. For example, will you be needing a daily Forex strategy briefing from either a paid service or a free provider of its strategy briefings - such as perhaps your broker or a third party service. In your technical analysis will you be utilising traditional indicators such as those involved in a bands trading strategy (Bollinger Bands), will you rely on charts created by a its platform or other currency price forecast type service or will you be professional analyst charts to make your decisions? A proven trading method is hard to come by. There are educators who have been trading Forex for banks and other institutions for many years. However they are still going to find it incredibly difficult to pass on their years of knowledge, at least not in the time most people want to go from knowing nothing about Forex trading (currency trading) to being an expert and making money with its as a business. In sum, it is multidimensional. There are several aspects of absolute importance. These include strategy, both in terms of trading and money management, education - both initial and ongoing and focusing in on mastering a specific area whether that be a particular currency pair or aspect within the field - such as global economics of a particular country.ll

ART OF TRADING Members Success Stories!

Just wanted to say thanks.

I followed you on GMCR, CTRP, LULU, SINA and CBG. I have a tiny account and was a bit worried about your monthly cost, but by playing with only 1-3 option contracts I have been able to pay for my first month with you. I appreciate the setups and the alerts. I used to be skeptical of all the testimonials you posted, cause a lot of sites I swear they type them out themselves, but here I am writing one for you to say thanks.

Keep it up. I hope I can finally turn around my years of misfortune on the stock market by learning from you.

Richard (New ART OF TRADING member on free trial)





Stewie,

Thank you to you and the service you provide.  I am not a big trader, I consider myself one of the small guys.  I only have an account of $40k but I do want to let you know that because of your picks and the quality of traders you have in the chat-room, I started my account at the beginning of October with $35k and have made over $5k in just over two weeks.  You are a class act and I will recommend your service to all my friends.  And to those who do trade I recommend using the chat room feature because the educational value is second to none...What you teach is invaluable.

A sincere thank you from JohnS


AMZN
253.80
-100
-25380
10.45
-25380
251.12
-25122.5
257.55
TWM
26.80
700
18760
10.45
18760
26.7
18679.55
-80.45
CRUS
37.91
659
24982.69
10.45
24982.69
38.33
25249.02
266.33
PHM
15.64
1590
24867.6
10.45
24867.6
15.79
25095.65
228.05
PPC
5.26
594
3124.44
10.45
3124.44
5.28
3125.87
1.43
AAPL
665.11
-37
-24609.1
10.45
-24609.1
666.38
-24666.5
-57.44
AAPL
666.74
-37
-24669.4
10.45
-24669.4
668.15
-24732
-62.62
USG
21.74
5
108.7
5.22
108.7
22.38
106.68
-2.02
USG
21.74
520
11304.8
5.22
11304.8
22.37
11627.18
322.38
USG
21.74
625
13587.5
10.45
13587.5
22.25
13895.8
308.30
LULU
75.32
210
15817.2
10.45
15817.2
74.85
15708.05
-109.15
TWM
26.96
900
24264
10.45
24264
26.41
23758.55
-505.45
GRMN
42.35
500
21175
10.45
21175
42.5
21239.55
64.55
LPX
12.99
957
12431.43
10.45
12431.43
13.1
12526.25
94.82
CMI
92.17
135
12442.95
10.45
12442.95
91.86
12390.65
-52.30
BGCP
5.09
2455
12495.95
10.45
12495.95
5.12
12559.15
63.20
PANL
33.91
368
12478.88
10.45
12478.88
34.17
12564.11
85.23
FIO
31.51
409
12887.59
10.45
12887.59
31.57
12901.68
14.09
LPX
13.06
957
12498.42
10.45
12498.42
13.57
12976.04
477.62
VNRG
4.63
2693
12468.59
10.45
12468.59
4.88
13131.39
662.80
VNRG
4.82
1329
6405.78
10.45
6405.78
4.8
6368.75
-37.03
HUM
73.80
-169
-12472.2
10.45
-12472.2
73.73
-12470.8
1.38
UA
56.47
-200
-11294
10.45
-11294
56.27
-11264.5
29.55
UA
56.47
-21
-1185.87
5.22
-1185.87
56.09
-1183.11
2.76
ISRG
511.56
17
8696.52
10.45
8696.52
508.06
8626.57
-69.95
AAPL
646.00
19
12274
10.45
12274
643.89
12223.46
-50.54
CRUS
37.92
600
22752
10.45
22752
37.58
22537.55
-214.45
ANN
36.95
338
12489.1
10.45
12489.1
36.84
12441.47
-47.63
AAPL
644.17
-19
-12239.2
10.45
-12239.2
637.94
-12131.3
107.92
AIG
35.58
351
12488.58
10.45
12488.58
35.61
12488.66
0.08
AAPL
638.28
19
12127.32
10.45
12127.32
640.9
12166.65
39.33
CAVM
32.00
-389
-12448
10.45
-12448
31.75
-12361.2
86.80
VNRG
5.22
1000
5220
10.45
5220
5.44
5429.55
209.55
VNRG
5.28
1100
5808
10.45
5808
5.43
5962.55
154.55
AAPL
638.64
19
12134.16
10.45
12134.16
636.1
12075.45
-58.71
VNRG
5.42
1000
5420
10.45
5420
5.23
5219.55
-200.45
AAPL
632.79
19
12023.01
10.45
12023.01
628.82
11937.13
-85.88
XLE
74.12
339
25126.68
10.45
25126.68
74.15
25126.4
-0.28
CRUS
36.94
375
13852.5
10.45
13852.5
36.92
13834.55
-17.95
VNRG
5.29
500
2645
10.45
2645
5.08
2529.55
-115.45
GOOG
2480.00
1
2380
11.3
2380
2800
2788.7
408.70
CRUS
36.90
-100
-3690
10.45
-3690
36.67
-3677.45
12.55
VNRG
5.12
500
2560
10.45
2560
5.38
2679.55
119.55
VNRG
4.99
500
2495
5.22
2495
5.38
2684.78
189.78
VNRG
4.79
1250
5987.5
5.22
5987.5
5.38
6719.78
732.28
SSO
61.39
407
24985.73
10.45
24985.73
61.16
24881.67
-104.06
GOOG
2300.00
1
2300
5.77
2300
2100
2094.23
-205.77
GOOG
2290.00
3
6870
14.15
6870
2450
7335.85
465.85
VNRG
4.55
200
910
10.45
910
4.5
889.55
-20.45
AAPL
644.71
38
24498.98
10.45
24498.98
641.28
24358.19
-140.79
GS
119.37
-209
-24948.3
10.45
-24948.3
120
-25090.5
-142.12
HD
60.47
247
14936.09
10.45
14936.09
59.79
14757.68
-178.41
ANR
7.28
820
5969.6
10.45
5969.6
7.65
6262.55
292.95
CAT
82.61
-151
-12474.1
10.45
-12474.1
82.54
-12474
0.12
ANR
7.28
823
5991.44
10.45
5991.44
7.83
6433.64
442.20
BBG
24.80
503
12474.4
10.45
12474.4
24.59
12358.32
-116.08
HERO
5.08
-2948
-14975.8
10.45
-14975.8
5.28
-15575.9
-600.05
SPXU
38.26
326
12472.76
10.45
12472.76
38.02
12384.07
-88.69
HERO
5.24
-2948
-15447.5
5.31
-15447.5
5.28
-15570.8
-123.23
AAPL
1406.00
1
1406
11.3
1406
1300
1288.7
-117.30
CDE
29.42
424
12474.08
10.45
12474.08
29.61
12544.19
70.11
GS
394.00
5
1970
17.22
1970
415
2057.78
87.78
AAPL
3010.00
1
3010
11.7
3010
3050
3038.3
28.30
AAPL
1035.00
3
3105
14.07
3105
1095
3270.93
165.93
AAPL
2815.00
1
2815
10.85
2815
2931
2920.15
105.15
VNRG
4.83
500
2415
10.45
2415
4.48
2229.55
-185.45
VNRG
4.56
500
2280
5.31
2280
4.48
2234.69
-45.31
AKAM
37.63
-700
-26341
10.45
-26341
37.36
-26162.5
178.55
AET
43.66
286
12486.76
10.45
12486.76
43.43
12410.53
-76.23
HTZ
15.08
831
12531.48
10.45
12531.48
14.98
12437.93
-93.55
QLD
57.36
435
24951.6
10.45
24951.6
57.77
25119.5
167.90
AAPL
2810.00
1
2810
10.65
2810
2740
2729.35
-80.65
LEN
36.30
687
24938.1
10.45
24938.1
36.7
25202.45
264.35
Withdrawal





-500

AAPL
2670.00
2
5340
11.2
5340
2730
5448.8
108.80
CNX
34.47
-300
-10341
10.45
-10341
34.63
-10399.5
-58.45
CNX
34.47
-62
-2137.14
5.31
-2137.14
34.67
-2154.85
-17.71
CDE
29.51
423
12482.73
10.45
12482.73
29.6
12510.35
27.62
Margin






-20.21

AMZN
1320.00
2
2640
14.5
2640
1455
2895.5
255.50
AMZN
1278.00
1
1278
6.06
1278
1455
1448.94
170.94
AMZN
1395.00
5
6975
16.5
6975
1465
7308.5
333.50
AMZN
1430.00
4
5720
16.5
5720
1510
6023.5
303.50
AMZN
1430.00
1
1430
6.09
1430
1550
1543.91
113.91
GMCR
22.18
563
12487.34
10.45
12487.34
23.46
13197.53
710.19
Withdrawal





-500

SINA
59.24
422
24999.28
10.45
24999.28
59.85
25246.25
246.97
GOOG
2190.00
2
4380
13.51
4380
2200
4386.49
6.49
GOOG
2050.00
1
2050
10.65
2050
2150
2139.35
89.35
CBG
19.21
1307
25107.47
10.45
25107.47
19.31
25227.72
120.25



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