I AM REDEFINING BEAR TREND [Bitcoin is not in a bear market]

This is my first link
This is my second link
This is my third link

The first point I want to make is that the majority of the course are extremely inexpensive, usually running $100 to $200. I know you saying to yourself that is not inexpensive. But, when you take into consideration that one small trade of a currency can easily make up the purchase price of the course then it is VERY inexpensive.

Most People think that Forex Trading is easy and able to make quick money in a short period of time. This is one of the reasons why only 5% of the traders are successful and the majority of the 95% fail in the Forex market. Besides that, a lot of people lack a mindset that is essential for successful Forex Trading. There are 4 factors that most people lack.

Describe the root cause of the failure of Most EAs in the market. The answer is due to the fact that most EAs execute trade orders depending on the Indicators. By changing the root cause, ie removing the indicators from the EA’s trading principal – then only the EA can be profitable.

Sometimes it is necessary to go back to the basics, take a good look at our own psychological mindset and see what it is in there that could possibly be preventing our flight to success. In forex trading, internal money management disciplines and thought processes may need to be revisited to make sure that these are still aligned to our objectives.

Forex trading is deemed to be difficult by many traders because of the equity curve. An equity curve is your profits against your losses. It shows your profitability against your total losses (drawdown). All traders want a smooth equity curve; this shows that profits have been steadily increasing and that there is regular income. This is crucial if you wish to succeed as a trader, trading for a living.

The essential in trading Forex is getting you a good broker. After all without a broker you can’t even trade in the first place! But it is easier said than done. There are so many brokers in the market to choose from and frankly speaking not all things in life (or Forex) are made equal. You got to choose the best broker for YOU, to ensure that you get the best service for your money.

A chart pattern is formed within a chart when it is plotted graphically with past price action. In Forex, chart pattern analysis have began to become more popular a tool for traders to spot favorable set-ups. The reason for this is, as the data is graphed out a series of patterns repeat themselves over time. The savvy trader can spot these visual hints and make higher probability trades with these chart patterns as aids.

All traders should understand the principles of money management, leverage and margin. Unfortunately most new entrants to the market are usually much focused on making money that they forget to defend their account. What happens then is that greed and emotion comes into play and very soon the account is wiped clean.

Diversification will help you from busting your account. The primary goal of diversification is to take advantage of non correlated sectors to protect a trader’s account. Although diversification is not the only way to protect your account, it is a tried tested and proven method. Most professional traders diversify their portfolios shouldn’t you do the same as well?

To err is human, to forgive divine. That statement should sound familiar to most people. We will make mistakes; there is no doubt about that. The most experienced trader will make mistakes. Some mistakes are unfortunately a lot more costly than others. These “sins” as I call them should be avoided at all costs. You will not want to risk your account because you made a deadly mistake.

So you listen to family members, co-workers and friends that have started investing in the Forex markets and thought you would give it a try yourself. You now are looking around for some free advice that is going to help you. Well hear it is. If you’re not prepared to invest in yourself and become and educated Forex trader by taking a currency trading training program, just forget it, you will lose everything you put into the markets.

With the deregulation of the Foreign Exchange Markets (Forex or FX) in 1997 the personal trading ground of international banks and brokerage firms was disrupted with the entry of the private investor. Initially the small player had a positive impact on the financial performance of the dominate players due to the fact they lacked both the knowledge and tools needed to profitably trade the currency markets