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Q&A: What is the best Forex trading strategy? – goldsenze

forex trading

Q: What is the best Forex trading strategy?

I want to know your Forex strategy, when to buy, when to sell, when to wait.

www.goldsenze.com Answer:

You’re in for a big, rude surprise….. there is no such thing. Day Trading Forex, Stocks etc can take 3-5 years to master…. assuming you’re not one of the 95% that fail within the first year.

To believe someone could pass this type of information on to you via Yahoo Answers means you’ve got a lot to learn. Trading is an art & a science. Two of the most important factors are psychology and trading money management. Technical Analysis is less than 50% of the “formula”.

Two of the most well known FX Traders wrote a book titled;
Millionaire Traders
This book by Kathy Lein & Boris Schlossberg will be the start of many books you’ll need to read…… Start here… so you at least get a sense of what you’re up against.

http://www.amazon.com/Millionaire-Traders-Everyday-People-Beating/dp/0470452544/ref=sr_1_1?s=books&ie=UTF8&qid=1299186948&sr=1-1

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