What is the Best Way to Trade Forex

Aug. 16, 2009 - PRLog -- In my experience the best way to trade Forex, or any other market for that matter is a price action method. There are hundreds or even thousands of people out there trying to sell a ton of methods that involve 10 or more indicators or even a robot that trades for you. What a joke. I feel sorry for the newbies who fall for this because they are just wasting their money and that is what these people are after. They are just looking to sell a product.

To put it as simple as possible. If trading robots were so successful why would Wall Street be paying so much for their best traders. Why would so many institutions be paying back the bail out money because it limit's the amount of pay they can offer their best traders. The answer is obvious. Nobody in their right mind would trust a robot with their money.

So to be successful as these traders are we as retail traders need to gain the same kind of edge. How do we do that? Study price action is the simple answer. Knowing this gives the same edge institutional traders have. http://tinyurl.com/oo8326

To some this sounds difficult however it really is not. There are a lot of nuances to the market and in all honesty it has taken me more than a couple of years to figure it out. However, when I came across traders that used price action methods, my trading literally exploded, that was 6 years ago now , and things have really taken off for me.

Now I have been trading his method for over 4 years now and  my trading just gets better and better the more time I spend tweaking this style of trading, its really a result of dedication and persistence.

I only spend about 10 hours a week doing it, its less stressful because its typically and end of day trading methodology. I am happy and even better my family is happier.

If you would like some advice from somebody who has turned the corner from losing regularly to becoming profitable enough to replace their full time job. Get a price action method under your belt. there are not many educators who teach this because it seems to be a well guarded secret.

Learning price action will be the best thing you will do for your trading success.

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