by William R. Alheim, Jr., CPA, MA
If you are in search of a low risk high return form of investing in the currency markets then Forex Trading Made E Z might be for you. It is a Forex strategy called "Forex Scalping." Essentially, what this means you try and enter the markets very quickly, never holding your position over night and attempted to sell your position when your Return on Investment (ROI) reaches 5%. It is easy to learn currency trading this way and the execution is simple.
One of the principle reasons it is low risk, is that you are not maintaining a position when you are not at the computer and can instantly react to bad news and exit a losing trade without to much damage. If you are under the impression there is a way to invest in the currency markets and never have losses, well I have bad news for you. That is not the way it works, if you want winning investments then of course you will having losing trades.
The concept is to "MAKE MONEY," it is not to avoid losing money. I once had a business mentor when I was younger and we were discussing one of my restaurants when he said something I have never forgot. He said, "You don't go into business to save money, you go into business to make money." Well exactly the same concept applies to investing in the FX markets, "You don't go into the markets NOT to lose money, but at the end of the month to MAKE money."
What makes Forex Scalping such a great trading technique if you are able to master it, you will have very few losing days. Thus, if you do the math and are able to make a 5% ROI on your investment daily and only have a few losing days in between where you set your Stop Loss (SL) at 2% ROI, it is easy to determine you account can double in less than a months period. Then you put together a few months in a row like that and just imagine what your profit level is and how many times you will have doubled you initial investment. Quite a few is the answer.
I am sure you're wondering where you learn this trading method. One of the most respectable and long lasting Forex courses is called Forex Trading Made E Z where this exact investing technique is taught. The currency course has thousands of previous students that swear by what is taught in this class and have been using it for years to produce substantial profits. If you have time, I think you will find it advantageous to research this program.
One of the principle reasons it is low risk, is that you are not maintaining a position when you are not at the computer and can instantly react to bad news and exit a losing trade without to much damage. If you are under the impression there is a way to invest in the currency markets and never have losses, well I have bad news for you. That is not the way it works, if you want winning investments then of course you will having losing trades.
The concept is to "MAKE MONEY," it is not to avoid losing money. I once had a business mentor when I was younger and we were discussing one of my restaurants when he said something I have never forgot. He said, "You don't go into business to save money, you go into business to make money." Well exactly the same concept applies to investing in the FX markets, "You don't go into the markets NOT to lose money, but at the end of the month to MAKE money."
What makes Forex Scalping such a great trading technique if you are able to master it, you will have very few losing days. Thus, if you do the math and are able to make a 5% ROI on your investment daily and only have a few losing days in between where you set your Stop Loss (SL) at 2% ROI, it is easy to determine you account can double in less than a months period. Then you put together a few months in a row like that and just imagine what your profit level is and how many times you will have doubled you initial investment. Quite a few is the answer.
I am sure you're wondering where you learn this trading method. One of the most respectable and long lasting Forex courses is called Forex Trading Made E Z where this exact investing technique is taught. The currency course has thousands of previous students that swear by what is taught in this class and have been using it for years to produce substantial profits. If you have time, I think you will find it advantageous to research this program.
About the Author
We have researched, tested & reviewed 100s of Forex Courses, Software Systems and Brokerage Firms which we only list our TOP 10 to help you LEARN FOREX TRADING. For 100s of FREE FOREX TUTORIALS please visit LEARN CURRENCY TRADING.
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