In this video, Jason Stapleton talked about the importance of looking at the big picture, finding the trend, and then trading with the trend. More importantly, he also taught us how to identify good risk-to-reward ratio in order to make this trading opportunity worthwhile.
As I have mentioned before, you won’t be able to win every single trade. All you have to do, is to make sure that you win more than you lose, and you will naturally come out as a great winner in the long run.
Hi traders, in this article, I will feature a few of the Bollinger Bands reversal patterns that I personally use very often in my trading. These are valuable trading ideas that you can incorporate into your own trading strategies.
Hey guys, today I will do a Forex strategy review on a popular strategy found on the internet. It’s called the “Simple Balanced System” posted in one of the more popular Forex strategy website. Is it really that simple? Is the strategy profitable? I’ll get you the answer soon!
An old friend of mine once told me that back testing is not necessary. This is because past results may not represent future performance. To me, that was simply an excuse given by lazy traders who aren’t serious about improving their own trading business.
To a certain extent, I do agree that successful back-testing results do not 100% guarantee success in your live trading. Maybe 90% to 95%? But that is about the closest you can get, to have any form of basic profiling of your trading method and strategy. Continue reading “Why is back testing so important?”
Many new traders started trading Forex with the wrong foot due to the very wrong education in the early stage of their learning curve. Don’t believe me?
Just type in “Forex” in your google bar and you will get tons of website offering you strategies or even signal services.
These websites attempt to paint very beautiful pictures about how easy it is to make money by trading Forex. However, saying is one thing, but proving it is another.
Here at Forex Seriously, I not only tell you, but I’ll prove it to you. One of my aims for this blog is to help traders identify bad strategies by back testing through years of data. And I do all this for free. Continue reading “Forex Myth Busting”