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 Member's Inspirational Story!

Hey fellow traders and readers! 

A few days ago,  i received this email from an Art Of Trading member who's been on board for about 5 months! 

This story was so powerful, so incredibly moving, so inspirational, that I just had to share it!

Enjoy! 


"My dear Stewie,

I just want you to know that as of today, I am officially “green” in all three accounts YTD (one trading account & 2 IRAs)! All 3 suffered horrendous losses over the past few years, including a company that went bankrupt & I lost 100% of my $250,000 long-term IRA investment. But that’s truly nothing, compared to the annual losses I racked up in all 3 accounts for the last 5 years while ALL off my closest loved ones (3 family and my 3 closest friends) passed away. Seriously! From January 2014 thru last December, it’s been pretty unbelievable that everyone who I had roots with--who actually know who I am--are all gone. I should have gone on a long vacation, but instead, I tried to trade my way thru it every day, by myself, and absolutely every trade I made became a loser. In a few years I lost everything--my loved ones, my financial security, my ability to dig my way out of a deep hole, and my confidence as a person and as a trader. ALL GONE! I was pretty much at my darkest place after the holidays when I wrote to you to inquire about your special AoT holiday offer...just out of curiosity.

Without my ever telling you my situation, you reached out and showed me with your generous AoT gift that you cared and you believed in me. I don’t know why you did! But I am thoroughly convinced that you were inspired by an angel to help me when and how I needed it the most. At first, all of the AoT trades I took got stopped out & somehow I missed getting into those that ended up being really big gainers. It also took me a while to understand your process, your trading tempo & pace, and that I needed to buy more than 100 shares at a time if I wanted to make any money! It really wasn’t until the end of May when I realized that you and the amazing AoT camaraderie had become quite medicinal and healing for my grieving soul. In addition to learning far more than I ever expected, I started joking around again, laughing again, feeling a part of something again and yesssssss! making money again!!!!! I am trying to take the kindness & encouragement you’ve given to me and pass it on to others. To pay it forward. You are truly one of a kind, Mr. Stewie! You are an old soul with a generous spirit, yet you have a youthful energy and a zest for life that is truly motivating and inspiring! Plus, you are so much fun to trade with every day. I adore your Pop Quizzes!


I owe you so much for your encouragement, teachings, trading skills, experience, time, patience and the genuine caring you have given to me. I fear I will never be able to repay you. How do I put a price tag on helping me to let go of my regret? Helping me to get grounded & disciplined & more self confident? These are PRICELESS GIFTS you have given to me. No words are big enough for me to describe how grateful I am to you…How full of loving gratitude I am…Overflowing, really.

I pray that you and your young family are all blessed with love, peace, good health and long lives. And I thank you for being a blessing to me.

Shannon V.”