A perfect forex trading strategy
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marcos
Apprentice
Joined: 12 Apr 2004
Posts: 6
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 Posted: 08/19/08 - 08:53 Post subject: |
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I have recently been looking to start with investments. I have accumulated fair amount of assets and I have looking into the most efficient way to invest. I would like to know one what could be a perfect Forex trading strategy. Thanks in advance. Any info will do. It will really mean a lot to me.
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biron
Apprentice
Joined: 29 Sep 2005
Posts: 7
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| Posted: 09/17/08 - 21:58 Post subject: |
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| Any investment carries with it a risk in part. Forecasting price trends is one of the most important tasks for you, and it seems to me that you definitely need to use positioning for such purposes. The best strategy is precisely that one. Now, a COT report can help in that way, as it includes info on trading with currencies, which was not the case from the beginning. It describes several important factors and market positioning, with which, through good reading, you may learn a lot. Also, it gives info on current status on a futures, and all the operations being conducted on it. For more info, go to http://www.investopedia.com/articles/forex/05/ |
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coolforexmind
Apprentice
Joined: 10 Jul 2008
Posts: 5
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| Posted: 10/23/08 - 07:08 Post subject: |
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Trading successfully is not a very simple matter. It requires time, market knowledge and market understanding, a large amount of self restraint and analytical mind.
It is very difficult to make consistently money in foreign exchange markets as they are driven by many factors. Foreign exchange by nature, is a volatile market. The practice of trading it by way of margin increases that volatility exponentially
But people like me do it just because we have passion, strategies and our broker with us in our every step. |
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