A Straight
Path To Profits
Why 95% Of
Traders Are Not Making Any Money
It's
staggering that 95% of Forex traders never make a consistent Forex trading
income, and that's because they don't have a plan that will take them from
where they are at the start to where they need to be. And it's not entirely
their fault, because the Forex industry is full of misinformation and
conflicting advice. Beginner Forex traders are often told to just open up their
own demo account and "teach" themselves Forex trading through trial
and error, which is crazy! Would you hand a teenager the keys to a Ferrari and
say "Hey, why don't you drive around town until you figure out how to drive?"
No, of course not, because they're never going to learn how to drive properly
that way.
The
reality is, most people don't get into Forex to learn a skill, they get into it
to make money! So the best way to trade Forex for them isn't to spend 2-3 years
practicing and training to become a good Forex trader. Think about your life
and the amount of stuff that you've already got on your plate: do you actually
have 2-3 extra hours in a day that you can spare to learn the art of Forex
trading? Obviously not, which is why learning to trade Forex from scratch is
not going to be the way that they're going to profit from the Forex markets, no
matter what anyone says.
Your
Straight Path To Forex Trading Profits
Here's the
truth about making money in Forex right from the get go: all you need is
capital, a profitable Forex trading system, and a sound money management
strategy. That's it, that's all there is to profitable Forex trading. If you
don't have enough starting capital, the only thing you can do is to save up and
build up until you have enough, so I'm not going to focus on that. The more
important part of your path to Forex profits is to have a profitable Forex
trading system in place, and while you can design your own system, you'll have
a far better winning edge with a system that's already designed for you.
I'll be
honest with you and tell you that there aren't that many profitable Forex
trading systems for sale on the market, but there are some and that's the most
important thing. If you do your research and take your time in finding one, you
will be able to identify a system that will make a consistent positive return
month after month. That's the key: you don't need to double or triple your
money every week and turn $1,000 into $1,000,000 in a few months, you just need
a system that will allow you to produce 5-10% returns each month and you're
flying. Once you have it, then all you need to do is to keep your risk in check
and you've got yourself a straight path to Forex trading profits.
Most Forex
traders fail because they don't have a viable strategy for making money in the
Forex markets. They get sidetracked with the latest and greatest indicators,
not realizing that the best way to trade Forex they need to profit is adequate
capital, a profitable Forex trading system and a good money management
strategy. Now, you know better, so work towards filling in the blanks in your
trading operation, and soon you'll be making steady and consistent profits from
the Forex markets.
I've been
a full time Professional Forex Systems Developer since 2007. Forex is my
passion, which is why I really love helping anyone to overcome their challenges
and become profitable in their own trading. If you're just getting started in
trading Forex, or if you'd like to take your trading to the next level, I'd
love to help!
If you're
new to Forex trading and frustrated because what you're doing right now isn't
working, I can show you how you can make a Forex Passive Income
[http://www.forexsystemstrader.com] in just 30 minutes! Everything you need to
know is in my free report: Winning With Forex Trading Systems
[http://www.forexsystemstrader.com].
Article
Source: http://EzineArticles.com/expert/Thad_B/948497