Thread: Start Forex Trading just 100$ Or demo

Most people think that prediction is the way to make money and this myth is perpetrated by vendors selling junk products but its not. Prediction is hoping and guessing and try it and your predictions will be as accurate as your horoscope.

Trade the reality of price change as you see it on a Forex chart and forget prediction.
Trading the Odds is the key to making money, as Forex markets are an odds based market. They do not move to science or mathematics, as many people claim (if they did we would all know the price in advance and there would be no market!), you are simply trading probabilities. Like the good poker player, you will lose many hands but if you play and bet on the high odds hands, you will make a lot of money.

In general terms the forex trading system you use should be very simple - simple systems work best! The reason for this is they are very robust in the brutal ever changing world of Forex. Complicated systems break easily and there is no correlation between complexity and success whatsoever. Putting together a Forex trading strategy based upon the above is easy - execution of the strategy is the hard part and we will look at that next.