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Can you share your simple forex trading strategy system?

If you have a simple forex trading strategy that is very easy to understand kindly share it please. No commercial products.

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This entry was posted on Tuesday, December 1st, 2009 at 10:28 am and is filed under Forex Trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

  1. #1 written by billie December 1st, 2009 at 10:28

    Asking people for a simple Forex strategy is like asking people if they have a simple method for playing poker that will allow you to win playing poker experts. There is no simple Forex strategy that works.

    Forex is what we call a "zero sum" game. You are making a bet with someone else about whether a currency will rise or fall. For every winner there has to be a loser. If you are smarter than the average player, you may make money. If you are dumber than the average player, you are likely to lose money. Most of the people making the "bets" in Forex are highly trained professionals at banks and other institutions. You are unlikely to beat them at this game using a "simple" strategy.

    Actually Forex is not quite a zero sum game. It’s a slightly negative sum game as the Forex broker takes a small percentage each time in the spread. It’s a small amount but over a hundred trades, it ends up being a considerable amount of money. So the average player is likely to lose money, and remember the average player is a highly trained professional and probably smarter than you.

    There is a lot of luck in Forex, and if you play it, you will have some periods of time where you make money. This is usually because you are having a lucky streak, not because you have suddenly become an expert Forex player. However, most people are unwilling to admit their success is due to luck. They become convinced they have a system that works, and lose a lot of money trying to refine it.

    If you are looking for the best forex software, visit this site

    http://the-best-forex-software-in-internet.blogspot.com/

    This software is the best software that can help increase your trading profit and user friendly.

    Best Wishes,

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  2. #2 written by bluenightsky87 December 1st, 2009 at 10:28

    If you are a beginner, i suggest you to use Marketiva, which is a very good platform to start trading with and very easy to use.

    Marketiva gives you 5$ real to start trading so you don’t have to deposit and if you made profit from it you can cash out, this is why it’s very good for beginners. Their platform is very easy to use and they have support during trading hours.

    To open your account please visit http://www.marketiva.com/index.ncre?gid=3371

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  3. #3 written by Secrets From The Heart December 1st, 2009 at 10:28

    Secrets From The Heart has reduced risk Expert Advisers, custom programming and a FREE margin calculator. Check it out.

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  4. #4 written by Lawrence December 1st, 2009 at 10:28

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  5. #5 written by Dmemme December 1st, 2009 at 10:28

    The simplest trading system does not use technical indicators and is actually done by prediction. Anything else is eventually going to bring you losses. Markets can be predicted just like other things in this world can be predicted.

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