Many people jump into forex trading without proper preparation. They usually rushing things with searching STRATEGIES immediately before they know and understand about forex.
Here I'll point out what steps that RIGHT in forex trading.
1. Understanding terms (memahami istilah)
2. Finding what you need (menemukan apa yang anda butuhkan)
3. Trying and Fixing (mencoba dan memperbaiki)
4. Making pips (menghasilkan profit)
5. Repeat making pips
6. Success
I suggest you to follow this steps..
1. Read babypips.com (for terms and basics) / belajarforex.com untuk Bahasa Indonesia
2. Read onlinetradingconcepts.com (learning about indicator and chart)
do it first. then comeback here.
3. By the time you reach this, you'll have a picture what your trading should look like. and now time to search whats best for your picture.
4. Try it in a week, knowing whats need to be added, whats need to be changed.
5. Constant profit
6. Success.
Here's my mindset for profiting in forex
"Trading is not predicting where the price is moving, but trading forex is knowing what to do if....(ex: if indicators show this.., if the price is moving like this.., if you have margin like this... etc) so you know what should you do"
I'll repeat it. Trading Forex is :
"Know what to do if ...... "
as people say :
"The key is not to make money, the key is to trade well, when you trade well, money comes easily"
-WG-
Handling Forex Fund Management for more than ten years, I must say it is not as easy as it seems. People must know the basics otherwise they won't be able to take decision in Forex Trading which can bring them profit.
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