Forex Trading Strategies For Beginners

If you are totally new or fairly inexperienced in forex trading, we believe we have the ideal solution for you.

In order to maximize your chances of profiting consistently from forex, you do need a mixture of the following:

  1. Heart of steel – the ability to control your emotions whenever the market moves up or down. Ability to take profits by not being greedy and ability to take losses by not being “hot-tempered” (P/S: doubling down when you are losing is one of the sure ways to lose big time).
  2. Experience in predicting the markets. We have each over 20 years of experience trading the market. Basically we adopt a contrarian approach (a person who opposes or rejects popular opinion, especially in financial markets). Reason for this? Profits – simple as that.
  3. Once you have the experience to gauge the general direction of the market for any currency pair, we have our own proprietary methods (Technical Analysis) to determine the best price to get in (buy) and the best price to exist (sell) the market

And trust us when we say it is easier said than done to practice the above.

Some golden rules in investing

  1. Do not fall in love with any stock / currency pair / indices. Your sole objective is to turn a profit!
  2. Do not try to catch a falling knife! (buying more of something dropping in prices to average down)
  3. Do not be greedy! The market can stay solvent longer than you can! Keep yourself alive to fight another day!