Wednesday, September 3, 2008

Forex Method

In this blog, I am going to tell you that deep inside the forex industry that has many ways to produce profitable forex and indeed many indicators to choose, the relation between them and finally you will find that the most simple way to learn forex is the price it self.

Automatic Forex Trading

Learning forex, not just learning indicators, different methods or complicated things. It also contain emotion of the trader. One has to completely understand him/her self before any trade placed.

There are 3 phases of trader that influence the result of the trading it self.

First, beginner phase.

As in this phase, every beginner is so excited about what they just know or learn and think that forex market as easy as it may seems due to many claim to get profit easily, like 1, 2, 3...... Therefore, he take great risk in the first place hoping that the claim is a dream come true. On the contrary, the result is disappointing as he lost almost of his forex account.

The high expectation and the result is severely gapped and the beginner collaps.

Beginner should begin with a demo account. Emotion does effecting the trade so you have to make friend of it, understand it not using it as your guide.