Another question that is often asked by aspiring traders is “What kind of trading approach
should I use – day trading, swing trading, position trading? How many indicators should I
use? Should I follow the TV news channels?...”
If you are facing similar dilemmas let me try to make an analogy.
If you were attacked in a dark alley and you felt that your life
was in real danger what kind of defence technique
would you attempt to use.
Would you attempt to kick your assailant with some fancy
kung fu move that you saw in a movie?
Or would you use some basic but brutally
effective “knee to the groin”, “thumb to the eye” technique
that is easy to implement and
that you are 100% certain will have an effect?
When you have your hard earned money
riding on your trades maybe your life is not at stake
but you and your family’s livelihood
is. The goal of all the other traders in the market is
to take your money. And if you are going to play around
with some fancy tools and indicators that you don’t even understand
you can be assured that your hard earned money
will be paying someone’s BMW lease payments.
That said here's a sytem which is tried and tested: The FOREX bulletproof system
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