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Forex Trading Advice - 3 Stage of Forex Traders

The Newbie or beginner... They have a desire to learn Forex trading and little are no experience.They need to focus on learning So it goes with out say they have a lot to absorb similar to going to college and studying to be an accountant or math major in college. Not an easy task without some help.



The Semi Pro...

The competent or Semi Pro forex trader has enough experience to make a few winning trades not an expert by any means.Still has a lot to learn.

They will make silly mistake close a winning trade to early or ride out a losing trade thinking they know it's going to retrace.

Are Will try to find a new system and not build up a system that they can really trust. HE Will loose more trades than he wins..

The Pro...

The expert trader or Pro forex trader makes his trades with cold efficiency does not let fear or greed interfere with his trading In fact if you watch it's almost mechanical. He makes his trades on his training,experience,and a system that he has worked out to produce profitable trades 70 to 90% of the time

WHY Forex Trading...

Forex trading has become one of the best ways for someone who has the desire to become an Entrepreneur. Not to have employees,to be able to work from the comfort of his or her home. But it has always been difficult to learn and understand with that said.

The Beginning of the END...

This was the old way of doing things. Only 10% of the Forex traders who started down this road would ever become successful and this was only after a great deal of hard work and training. Similar to goring to college for a 4 year degree.

Automated Forex Trading

If you have a computer that can fly an airplane or space shuttle on auto pilot why can't it trade the forex market on auto pilot?

Now for the good news some real smart people have come up with automated trading programs that will cut your learning curve to almost nothing.

Now instead of 10% profitable trades there are traders now making 70,80% or even more profitable trades.

Yes there are things you'll have to learn but if you can send and E_mail pay your bills on line or play a computer game this is infarct do able.

No more sitting in front of your computer for hours, days are even weeks waiting for your indicators to line up up and then wondering if you've done the right thing.

Being able to set and forget your forex trading system and be able to enjoy a true Entrepreneurs Lifestyle. A life that you've always dreamed of but never really thought you would achieve that goal

An important piece of Forex Trading Advice is never live trade until you've paper traded and feel totally comfortable with what you are doing then and only then is it forex trading for fun and profit.

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