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Notes:
Success means having the courage, the determination, Introduction
A warm welcome to all our new subscribers, I believe you will
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you want for yourselves. Whether you're looking for help,
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Editorial:
Happy publishing Sunday, my precious Readers!
Now I want to tell you about the 4 Golden Rules that most
forex traders will NEVER learn.
I am going to be very candid with you right now, and I risk
alienating myself from most of the other Forex educators out
there. However, I had to make a decision: tell you the truth,
or keep my mouth shut to make good with the "old boys" network
of Forex "gurus".
Basically, I have 4 golden rules to determine if a trading
method is good:
* It must be a complete method, with setup conditions, entry
rules, initial stop rules, and exit strategy rules, leaving
no decision to chance.
* It must include specific risk management, money management,
and portfolio management guidelines.
* It must be based on technical analysis, but it must not be
a 100% mechanical system.
* It must take less than 20 minutes a day to apply after
learning how to trade with it.
Let me talk about item #3 above for a moment, because this
is where a lot of traders can potentially lose a lot of money.
When you rely on a computer to make 100% of your trading
decisions, you do not learn how to become a trader, and you
never will. Instead, you learn to follow directions. This can
be extremely dangerous to your portfolio, because almost
every system I've seen since 1974 has been back-tested and
curve-fit, which means it will ultimately fail, or at least
not live up to its past hypothetical results...
...Check out the open letter the developer of this 4-pronged
approach to Forex put together for you.
Enjoy all the today's articles, tools and resources and
stay tuned... Pathway is back in 14 days with new super tips
for your success in life and business.
P.S.: Here you can find answers to the basic questions you may
have related to Pathway, incl organizational items, article and
ad guidelines and submissions, Pathway delivery, communication with me,...
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