Wednesday, October 20, 2010

FOREX TRADING : DIFFERENTIATING MEN FROM BOYS

Forex Trading is profitable but it requires a few key success factors KSFs to ensure
profitability. Firstly, one should analyze a situation unbiasedly and without
prejudice to emotional factors and be mechanical in his approach. Secondly,
one should exercise consistency in his approach and if he is working on any
indicator give it a reasonable time and he should not be hasty in his approach.
Thirdly, he should also use discretion from time to time and he should not be
passive to change and sticky to only one indicator.

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