Forex strategies secrets. I'm about to share my super secret strategy called hindsight trading. Hindsight trading is amazing. You see tons of gurus do it on FF and in the Trading Educational World every day. Visit my website mtnmaven.com to learn how Hindsight trading can work for you! For $ (usually $ but.

Forex strategies secrets

My Secret Forex Strategy 90% Win always in Profit in Hindi Urdu

Forex strategies secrets. This is the most important secret my mentor taught me the first day. You can't make money through Forex or any other kind of trading when you HAVE TO make money. Trading is an investment opportunity to grow your wealth, not a good way to make a living. Learn more here: Trading Strategies Don't Work If You Don't.

Forex strategies secrets


He has a monthly readership of , traders and has taught over 20, students. So, without further ado, here are my 9 not-so-secret secrets to successful Forex trading:. The truth about trading strategies is that finding one that gives you a high-probability edge in the market is not that difficult. But if you over-complicate it and confuse yourself in the process, you are going to do a great deal of harm to your trading account. For example, say you choose to learn the pin bar setup first, the best way to learn this setup is to trade it from key levels within the structure of a trending market, do that first, and make sure you are consistently profitable for 3 months or more trading only that strategy before moving on.

You want to always make sure you are basing your trades on logic and objectivity, not irrationality and emotion like most traders. So, you should have all the key levels drawn on your charts, and assuming you have mastered price action trading , you can simply sit back and wait for a setup to form at a key level in the market. The actual process of updating your forex trading journal will help you stay disciplined and organized.

This is part of developing the positive trading habits that are so crucial to becoming a long-term profitable trader. I can promise you that if you keep screwing around by being unorganized and half-assing it, you are never going to pull the sort of money from the market that you want. You NEED to look at your track record on a regular basis to see something tangible that reflects back to you your ability or inability to trade.

This will work to keep you on top of your game. Also, NEVER trade what you think is going to happen, only trade what you actually see happening in the charts. The only thing that matters is what the price chart is telling you, so learn to read and trade from that instead of outside sources.

Greed is perhaps the most prevalent reason why most traders fail. The late Rene Rivkin, a famous Australian stock broker and trader, had a classic line about greed: Here are some tips on how to avoid letting greed get the best of you:. Exiting is not an exact science, and there are times when deviating from your initial exit plan makes sense, but you should always decide before you enter a trade what your ideal exit strategy is and then try to stick to that plan as much as possible.

The answer is you have to take the bigger loss because you did not take the smaller loss…always take the smaller loss by not EVER moving your stop further from entry. Give the trade some room to grow and breath. Trading is like a garden, you have to give it time to grow to taste its fruit.

Traders often hope that their trades will go on forever in their favor, or they hope that if they move their stop loss just a little further away, the trade will come back for them. While hope is generally a good thing in every other area of life, in Forex trading it can cause you to do irrational things that destroy your trading account.

You can lose money in trading, many beginners seem to forget or ignore this fact. Your success as a trader is the result of many months of trading results, not just one or two. Instead, you need to hang in there and tough it out, just make sure you are consistent with your strategy and that you are using something like price action that is simple, logical, and has proven itself over time. A random entry method based on flipping a coin would probably make more money than a trader following 3 different trading methods and running around looking for the Holy Grail every day.

The Holy Grail to long term success is in fact…sticking with something, believing in it… and not hesitating when the opportunities present themselves. Not to mention, your frazzled and obnoxious existence from risking too much will probably make your wife or roommates want to kill you or send you to the loony bin.

You need to learn to RELAX…the market is not going anywhere, you need to trade a position size that you can handle emotionally, not one that causes you to have a near melt-down every time the market moves against you by a pip or two.

Pay yourself and reward yourself, it will help to motivate you and will reinforce positive trading habits. So, get off your butt and drink a few coffees, or do whatever you need to do, but if you really make an effort to implement these 9 tips, you will see your trading improve.

If you want to learn more about my price action trading strategies , check out my Forex price action trading course. Very helpful article that made me think. I have confidence and now it has improve my skills to profit. I do not trade forex. Going through the articles in this site has made a huge difference in my trading. I have used your nine secrets as the foundation of my trading plan.

I think all your readers should go through their trading plan if they have one and check that all nine secrets are present. Probably the best thing they could do today. Keep sharing the knowledge. Thanks for sharing your knowledge with us Nial Great help for us just learning to trade the market, much appreciated. Prof Nail,honestly,you made my day. This is monday morning in Nigeria. Once again,thanks a million for the article and keep the good work up.

To your Success, sola. Hi Nial thank you. Thank you so much for all efforts in teaching truth about good solid trading. Wow, Nial, I love what you teach, I like the way you teach it, I like the way you talk, I feel it so close to me. My admiration and gratitude! Best regards to all! Is there no end to the incredible articles you write nial? This is another masterpiece of advice, wisdom and motivation that I have come to expect from you.

Please dont every stop doing what your doing.. LOVED this article Nial, it was a complete summary of all the important factors that count towards success in the markets. Great stuff Nail, reinforces the discipline and simplicity. Your selfless service will be blessed by the almighty.. Hi Nial you are number 1 ,thanks for the KISS system, keep up the good work, as always great artical. Thanks Nial for that advise.

Iam working to implement all this as I move along. Correction to my previous e-mail I meant to say No Women!! They are the sensible traders mostly!! Paul — Life has indeed changed a lot since the Middle Age! However I would not want to draw each of the 28 currency pairs I monitor. For each there is 3 time frames I use which means I would have to draw 84 chars — sod that!!

Computers have provived a real boost! Did you have pens in those days or you a quill dipped in ink? As for indicators i only sometime glance at 2 i. I notice there are replies from the women traders.

I have 25yrs of trading experience, and have seen everything. When i first began we had to have the chart paper posted to us and draw our own candles. Just think about that!!!! We could never plot them when were drawing our own charts.

Computers have made this too simple and hence the reson so many people loose money trying to trade from them. By drawing our own candles was a great way to learn price action. Having not done Nials course and read much of Nials trading method, which is very similar to my own.

I am so impressed that i am referring traders here, simply because this works. Nial, I want so much to buy you a beer my friend!

Keep up the good work… The articles you write are so inspiring! Now, what can I do for you in return? Thank you so much. Thanks Nial, Great advice, this will help me how to stay track as I learn to trade each day. Thanks for this article you sent is so fantastic me and my guys are realy working on them thanks NIAL. I especially love 6 and 9. Your comments avoids the fluff and tells us what we need to hear to be successful AND profitable traders.

Thanks Nial , you are like a gaurdian angel watching over us to make sure that we are successful. Hi Nial Many thanks for 9 not-so-secret secrets.

You have boosted my confidence to commence trading. All your lessons are beneficial and informative,each one of them better than the previous one. I really enjoyed this article, it is full of good guidance in a very punchy style. I will keep referring to it until I am a consistently successful trader and even then I am sure I will keep referring to it.

A wonderful and honest article! I guess we share similar success. You have given a great tonic this morning that will carry me through the day and the rest of my trading daysss.

I am doing whatever you tell me. And I will keep doing it. My most important food for thought is the 6th point. I just tend to always give up if i get a string of loosing trades. Your email address will not be published.


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