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Stop Losing Money in the Forex Markets by Bill Poulos

It Seems Like I Used To Lose Money Hand Over First In The Forex Markets Until I Learned This 1 Weird (But Legal) “Trick”…
(…it may surprise you)

Today, in this article, you’ll finally learn the #1 reason you’re still losing money and not maximizing your profit potential trading Forex. I’ve been trading for over 35 years, and I think I’ve seen it all. That’s why, If you change just this 1 aspect of your trading, you can dramatically increase your odds of success, no matter what kind of trading method you use. (Hint: Most traders honestly can’t handle the ‘trick’ I’m going to reveal in this article, and it requires some “180 degree” thinking… plus, it’s a little weird! So if you’re somewhat open-minded, keep reading.) by Bill Poulos – 35+ Year Veteran Trader, Father, & Grandpa    6 Big Mistakes You MUST Avoid If You Are Ever Going To Achieve Constant Success Trading Forex

MISTAKE: Believing that Forex “robots” can make you rich while you sleep… Most auto trade “robots”, “expert advisors”, or “black box” systems don’t work over the long haul. Sure they look great on paper, but that’s because most of them are “curve fit” and programmed to work with historical market data. Think about it: if these “robots” really did what they say they could, don’t you think your broker and everyone else on the planet would be using them 24 hours a day? Later in this article, I’ll show you one trick that gives you a better edge than all the robots combined…

 
MISTAKE: Thinking that you’ll discover a “holy grail” Forex system that can’t lose… There is no can’t lose “holy grail” of Forex trading, and as soon as you realize that in order to get ahead in the Forex markets you WILL have losing trades… you’re on the right path to becoming a successful trader. Instead of trying to predict the future, which is impossible; you, as a successful, independent trader know that all you need to do is put the odds in your favor on every trade. In fact, my approach to trading is actually BETTER than a “holy grail” system… because it actually EXISTS and is being used by thousands of traders around the world right now. You’ll see how in a minute…

MISTAKE: Trusting mindless, blinking red & green light computer software to make trading decisions for you… If you think you can “get rich quick” buying Forex pairs when a light turns green on your computer, and selling them when it turns red… think again. As a successful trader, you understand the underlying reasons behind your decisions, which gives you way more power and flexibility than blindly obeying a blinking light like a mindless lemming. I’ll show you how the “real pros” trade Forex, and once you see how it works, you’ll just shake your head at the poor folks who were ‘taken’ by slick Forex ‘red & green light’ software sales pitches…

MISTAKE: Choosing a crooked or unscrupulous Forex broker (this happens more often than you think)… Let’s face it. You and I both know that your broker is a salesperson and just doesn’t care about you. The bottom line is that the more trades you place – win or lose – the more money your broker makes. Also… it’s a plain fact that there ARE some crooked, dishonest brokers out there. However, you’ll never worry about which ones to trust once you get your hands on my “Forex Broker Selection Scorecard” that lets you quickly “size up” any broker quickly & accurately. Many brokers won’t be prepared for some of these questions you get to ask them…

MISTAKE: Spending too much time trading the Forex markets… Most traders think that in order to make the most money possible trading Forex, they need to stare at their computer and trade all day long. But most traders LOSE. I’ve found that the more time you spend trading, the worse you do… in part because you begin to sabotage your trading decisions due to burnout, fear, and greed. Not to mention that you end up not “having a life”. I’ll show you how to spend as little as 20 minutes a day placing your trades. Don’t worry, you still can get your hands on as much “pip potential” as you can handle. It all has to do with a specialized way to treat the 24 hour Forex markets…

MISTAKE: Waiting for the economy to recover before adding Forex to your trading arsenal… Many traders, especially beginners, wait for the media – or their broker – to tell them the market or economy is safe before placing trades. This is nonsense. The general state of any markets – stock, Forex, whatever – and the current condition of the economy has nothing to do with your potential success trading Forex. As a successful Forex trader, you know that profitable trades can be found EVERY DAY, if you know what you’re doing. Further, in the Forex markets, over $3 TRILLION a DAY change hands. That’s some serious dough… which creates a TON of trading opportunities. Let’s take a look at some clever ways successful Forex traders have been quietly taking their fair share of this market… and how you could, too…

Does all of that make sense so far? Good, but there’s more
Click HERE to continue…

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