How to Trade Forex For Life

In order to trade the Forex market successfully, you must have a Trading System that you can rely on.  This holds especially for those who want to trade the Forex market to earn a living for life.

From what I've gathered so far, the keys to successful trading boils down to 3 main points:

• Money Management
• Strategy
• State of Mind

Among the three, Mario Singh associates 55% of the success to the trader's state of mind.  This goes in resonance with what Alexander Elder wrote in his best-selling book Trading For A Living.

The Trader is the Weakest link in any Trading System -Alexander Elder

Money Management comes second at 30% and only 15% is attributed to Strategy.  Let me explain more in detail below.

Technical Analysis - Certificate of Completion (Risk Management)

The tricks of the trade are endless.  Look what I got for completing the Forex Trading Basic Course on Technical Analysis.  These people really know how to encourage you.  Hopefully the support and encouragement doesn't stop even when you've opened a live trading account already.  (Sound FX: crowd cheering and clapping! I take a bow and thank you all)

Certificate of Completion: Technical Analysis for the Happy FX Trader.  Given by Daily FX.

I found another set of online videos that will compliment the Forex Trading Videos from Mario Singh and Mark So that I posted earlier this week.

This time it's from FXCM's site called Daily FX.

Here's the link:

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