Forex Forever
Financial Services - , England, United Kingdom
Forex Forever Employees
Forex Forever Details
Forex Forever covers my personal journey through the maze of foreign exchange (FX) trading. On the surface the FX market would appear fairly straight-forward; it either goes up or it goes down. However, the generally accepted view is that between 95-98% of traders lose money although I don't think this would include professional traders within that number. Banks, Hedge Funds and the like have huge resources, staff and training to steer their people through the many trading options. I believe many novice traders lose because of the accepted nonsense they read on web sites, in books and by the overwhelming majority of ‘experts'. My own take on FX is simple; I trade only one currency (GBP USD), I have strict rules of engagement, which I frequently flout, stay within a rigid budget, often ignored and I make money. As I write this I am a trader of insignificance because my starting point was so low. This will not be for long; as my income increases so will my return. The site at www.ForexForever.co.uk has a video (silent), a blog and a page about wealth creation. My views are controversial since I find the whole system of charts and their ilk to be a complete waste of time. The blog is fairly explicit about my views, probably seen as arrogant but as a day trader I believe charts are nonsense. Time will tell. I make money almost every day I trade but as the rate increases so does the risk. My weekly blog tells it as it happens to me, the good and the bad – and there's plenty of both!
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