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Old 03-11-2004, 18:09   #23
1ahkalg
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Join Date: Oct 2004
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FXTrader, I have been trading for a living for 2 years. I did take a course through Concorde Forex Group and have received all the knowledge I needed there. However, one thing I have learned is that no matter what system you use, there is NO absolute safe system out there. You have to continuously educate yourself and be flexible to changing market conditions. Also. I have had the most success with money management. Increase LOT size while maintaing a daily trading goal. For instance, trading 10 pips per day at an avg. of $9 per pip is $1800/mo. As you increase your confidence in the market (and your acct.) increase your lot size. That same trade I just mentioned will pay you $9000/mo. times 5 lots. Start with demo acct. thn open a 'mini' acct. After that go to the standard acct. If you fail to plan then plan to fail. I Hope this gives you the encoragement you need to move forward towards success. Good Luck
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