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यदि आपके पास समय की कमी है और ट्रेडिंग अनिवार्यताओं के बारे में एक त्वरित अभी तक पर्याप्त सारांश की आवश्यकता है, तो आप हमेशा हमारे विदेशी मुद्रा गाइड बुक में लेख पढ़ सकते हैं।

Forex Trading Introduction: Developing Your Strategy To Start Right With Big Profits

Forex Trading Introduction: Developing Your Strategy To Start Right With Big Profits

Etienne Crete

This book has been put together to give you a better understanding of the Forex market and to show you that it is possible to start trading Forex with some basic strategies. Before we start, I want to remind you that you do not need to be a finance nerd nor a mathematician to read this book. At the end of this book, you will have created a strategy that you will then be able to test by yourself on the market.

This book covers a wide range of topics from a brief explanation of Forex to real trading strategies. I am also providing insights on trading psychology and ways you can increase your chances of success in trading.

As an introduction to what is in the coming chapters, I’d like to bring up a fact. In an article by Bloomberg published in 2014, it is mentioned that 68% of Forex traders lost money in each quarter of the past year based on the data provided by FXCM Inc. and Gain Capital Holdings Inc. That is shocking...

Moreover, the National Futures Association states that Forex traders give up trading after just 4 months of trading on average.

Those facts confirm what me and some of my fellow traders say. New traders arrive in the market and start trading in the hope to make thousands of dollars overnight. They want to reach financial freedom in a matter of days. To be honest, that is the main thing I had in mind when I started trading but that’s not how it works. How frustrating is it to try at your best to earn money but to lose it all trading Forex? The feeling really isn’t great.

However, not making money in Forex trading is only a symptom that something deeper is wrong. I can totally relate to that because I started from scratch (without strategy). I lost what I thought was a lot of money but I realize some people lost a lot more and then gave up. What people must understand is that there was a reason why I lost money. I didn’t stick to a single strategy and I wasn’t clear enough on how I was supposed trade.

If at any point you are not making money in trading, understand that you have the power to change that. It is either because you have something to learn or you are doing something wrong. Unlike many people, I do not believe Forex is a scam.

I've put this eBook for $0.99 but my goal was to give it for free simply because I want to share what I know and making money isn't the priority here. However, I do appreciate the support if you decide to purchase it.

If you've enjoyed it, let me know!

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