Early in 2005 i developed an interest in the Forex markets, when I went to a stock trading meeting at a private home, The host claimed that over the course of about 2 months, he had made a killing in trading. He had supporting evidence. I just turned 18 then, so it was only natural that I would be interested. Prior to that, only banks or extremely wealthy people had access to this type of trading; who knew that the average person could even trade currencies. A brand-new industry was thus created. At first, it wasn't simple because there weren't many reliable brokers available, and their platforms were at best unreliable. The spreads were enormous, and dial-up internet was still the majority online. The forums started to appear, along with the "trading gurus.". Many stock, futures, and options trading systems were modified to work with the foreign exchange (FX) market, which was run around-the-clock on five days out of the week and was an entirely different animal. Those who were astute at the time could have made money by straddling the news releases or taking advantage of the carry trade. Brokers, however, became more savvy and either eliminated these advantages or imposed trading restrictions that made it difficult to benefit from them. My issue was that I followed too many purported "gurus" and fell for the marketing hype. They were always convinced that they were smarter than me because their systems were so intricate and, as a result, superior to anything I could devise. In order to avoid blowing accounts and generally giving back any profits I had managed to earn, I switched between different systems for a few years. Both happy and unhappy times have existed. However, I never gave up. I soon discovered that some of the 'gurus' were in fact the real deal, so I began to pay attention to them and consider what they had to offer. While this was going on, I refined my money management techniques, quit day trading, and generally simplified my trading strategies to make them clearer and easier to understand. I've also experimented with creating my own trading robots with varying degrees of success and have used them occasionally to help me with my trading. Once I have entered a trade, I generally prefer to manage it manually because I believe the human brain can function much more effectively than a robot that only processes certain inputs. I've spent the last 17 years or so looking at Forex charts constantly, so I've developed a pretty good understanding of patterns and other trends, as well as a general sense of what might happen next on a chart. A trading robot simply cannot accomplish this. My main trading platforms these days are the 4hr or Daily charts, and I currently rely on forex trading for my living. As long as I have access to the internet, I can reside anywhere in the world. My systems are straightforward but ultimately successful, and that's all that matters in the end. I really enjoy trading currencies online, and I think it has a lot of potential for serious financial gain. Although it is not as simple as some would have you believe, if you keep things straightforward, manage your money carefully, and remain consistent, there is no reason why you cannot be a success in the world of Forex trading. After finding success and retaining my love for writing, I have made the decision to combine my two passions for writing and trading by publishing books that would enable readers especially beginners to learn what I have been studying for years. My books are particularly fascinating because they detail every stage of my trading development, starting with the fundamentals, including the right risk assessment, the proper mindset, and technical and fundamental analysis. They outline the key trading strategy to help those who ignore them perform better: I examines price action, emotional psychology, and trading mistakes to derive timeless lessons. "What we do with what happens to us and the mistakes we make in life define who we are and not what happens to us or what goes wrong in life. Confidence is not 'I will make money on this trade'. Confidence is 'If I don't make money on this trade, I am fine. With patience, bravery, lack of greed and self-control we can achieve what ever!!. Profit King.
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