The best forex trading technique or trading system
I got the following email over the weekend. Let me know what your immediate response is. I had my own, but I won’t taint your view with what went through my mind at first.
Dear sir,
kindly to inform you that i’m new in forex trading. So far i always lost my money in trading forex. if you don’t mind, can you tell me what is the best forex trading technique or trading system that can make me always win and make money in my forex trading. thanks you.
Aside from any other response, my recommendation to this individual is to read two posts on this blog.
Want me to tell you where to buy and sell?
The short answer to this question is this: There is no “best” system and while there are ways to trade where you can approaching having all winners, they are extremely risky.
Struggling with support & resistance and knowing what the key market levels are? Check out the Price Distribution Analysis methods I use.
1 person has left a comment
Posted on August 7, 2010 at 7:55 pm
Rudolf Boquiren wrote :
I agree with your answer. To add to that, there is no “one size fits all” trading technique that works for all traders. Therefore, there can be no “best” trading system that will ensure success for all traders.
We are all different, not clones. The key is to find the best trading system that fits your own personal trading style, tolerance for risk, and skill level.
And how does one find the best trading system that works for them? By methodically learning and testing what’s out there. There are no shortcuts…success, especially with forex trading, comes only through hard work and dedication.
Good luck out there!
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