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View Poll Results: What is the best way to be Successful on the Forex Market ?
Study by Yourself and get Experience 3078 45.34%
Learn from a Mentor 1087 16.01%
Get Signal Alerts by subscription or live from a Guru 74 1.09%
Buy Software or Strategy Description 44 0.65%
Get Analytical reports and Make your Judgement 62 0.91%
Develop your Own System 1693 24.94%
Hire a Portfolio Manager / Invest in a Fund 176 2.59%
Pay for a Robot which will do everything for you 64 0.94%
Open a managed account and Monitor it for education 354 5.21%
Other (please specify) 45 0.66%
There is no way to become continually profitable on Forex 112 1.65%
Voters: 6789. You may not vote on this poll

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Old 01-06-2006, 01:57   #177
dynamictrader
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Re: The Best Way on Forex

Personally, I like to have a bit of mentorship to help me and then make my own decisions off the technical tools I choose to use and have been taught by.

I found a great site where I joined a trading group and got mentored over a 2 week period in an online training class.

Check out these two links. It imporived my trading ability immensely.
http://67.19.231.218/v4/login.asp?r=6e8e47ab&p=0
http://67.19.231.218/v4/login.asp?r=1f52633c&p=0

They are both free to view and have online streaming video.

cheers
Dynamic
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Old 04-06-2006, 06:49   #178
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Re: The Best Way on Forex

No two persons are exactly the same. But I read books, a lot of them. And then follow forecasts and analysis of other analysts, not to follow straightly but to learn from how the way they analyze the market.
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Old 06-06-2006, 06:02   #179
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Re: The Best Way on Forex

to Pestoonak: Well if market kicks your ass, maybe you can win against others: www.forexsurge.com
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Old 15-06-2006, 06:13   #180
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Re: The Best Way on Forex

I think the best way is to open an demo account and start trading and get a trading experience while not loosing all your savings.

After you lose all the 'demo' money you can open another demo account and try a new approach, and so long, until you find out what suits you best or eventually decide to step out of the game.

I think a wanna-be trader should first of all trade and watch the charts, and not spend time on developing econometrics systems or reading books about George Soros.
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Old 26-06-2006, 10:11   #181
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Re: The Best Way on Forex

I've also read books, and study charts in order to make my way around Forex. I've been learning this stuff pretty easily; however, something new comes up every day. A little hard to keep up with. But what can u do? lol
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Old 10-07-2006, 11:55   #182
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Re: The Best Way on Forex

The best way to trade is to figure out what the big players are doing and follow them.

Does that sound hard?............Not if you know what motivates them!

For a long time i tried to trade technically, but then i found some great material and now i know exactly how to follow the big boys. Talk about a turn around!!

Here i wrote a book about what i went through learning to trade, anyone want to read it look here www.forexlies.com download for free

If you do not want to read it then there is a link on my site to the method i use to trade these days.

Quiet frankly after reading it i cannot see how any other method would work! I personnally think you are lucky if you have read this post.
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Old 11-07-2006, 09:31   #183
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Re: The Best Way on Forex

well said. Learning from the big players, is a great way to go. But to get enough time to talk to them, takes a lot of time. In fact, before I became successful I decided that reading books such as: "Market Wizard" and "Trade Your Way to Financial Freedom" was a great way to go. I didn't have to talk to anyone and I still accomplish the goals that I was going for.
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Old 12-07-2006, 10:23   #184
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Re: The Best Way on Forex

Quote:
Originally Posted by Ugly_Dog
The only one I have any real experience with is the last one!! Losing money!
Has anyone tried all of those options so they can definitively say which is BEST?
Ugly Dog

That happens to everybody! But I think one of the big problems is simply that people don't know where to find accurate information about brokers, or forex education. Forexbastards.com perhaps my favorite forex related site on the internet, has all that. Its helped me figure out what works best for me.

Cheers!
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