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Keep it Simple Stupid

forex-kiss.jpgThe best forex systems are simple and yours should be to. If it’s simple it will be more robust with fewer elements to break than a complicated one. If you can base on long term trend following and breakout methodology, this is a timeless way to make profits.

 

Forget about clever methods or market timing being the key to success it’s not just money management. To win you have to play great defence first. As one famous trader said -if you take of the losses the profits will look after themselves- and remember to win.

 

You can have the most successful method but unless you can apply it with patience and discipline, through losing periods and until you hit a home run, you will never win.

 

This sounds easy but most traders can’t keep going through a losing period, its hard when the market is taking your money and making you look a fool, but to win in forex trading you have to lose, its part of winning.

 

 

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