Best Strategies in Winning FOREX Trading
FOREX is a great opportunity to make money for everyone! And in this presentation, you will learn how to succeed in this business and stay successful for years to come without a special degree in trading and economics. Because the information you are about to get is very simple and strait-forward.
You can even quit from analyzing the market and reading the news paper. You will be taking a better and distinct approach. High-quality third-party FOREX signals with exceptional money management and entry/exit system are at hand for your advantage..
I am aware that currently there is a controversy discussed within the FOREX trading community about the third-party signals. Many people win while some loose. The main reason behind the failure of some people who use high-quality signals is they mistakenly take the signals as an overall trading system. Instead of looking at a coming signal as a direction to follow, it must be treated as a clue. Opening a position basing on a signal can be safe, however closing it or fixing losses must abide to special rules in order to do it correctly.
My five years experience of making the most of third-party FOREX signals in trading has brought me a great success. And currently I developed a trading system that keeps me in the winning side always.
My trading system is based upon some significant factors which are the FOREX signals, money management and special rules of buying and selling position. This concept is easy as one, two, three If at least 51% of the signals result in profitable deals, and if the potential profit of every transaction is at least twice more than the potential loss, then such a system is profitable.
The idea is simple… Consider a system profitable if at least 51% of the signals result in profitable deals, and if the probable profit of each deal is at least two times more than the potential loss.
I also receive winning signals from a couple of signal providers which I am also using, both of them provided me somewhere between 55% and 60%, which is pretty significant for a profitable system. I am also strict in applying the money management rules and I will only enter the market if a certain deal can provide me with at least 2:1 profit/loss ratio. To cut my losses down to a minimum, I use a special algorithm of handling stop losses, well… without losses.
The reason behind my profitable and reliable system is that it lets me to exit half of loosing positions with a zero profit loss. You can do the same way like what I did with trading so you can make sufficient funds to sustain the life you want to live.
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