http://www.onlinetradingmastermind.com
As part of the Forex Trading Strategies Mastermind project, Stuart McPhee and David Jenyns interviewed forex trader Mark McRae.
The interview took place in Mark’s hotel room while he was visiting Australia in August 2008.
To watch the complete Forex Trading strategies interview visit:
http://www.onlinetradingmastermind.com
Duration : 0:10:1
@djenyns what do …
@djenyns what do you mean by cut losses and take bigger profits???
Not if you get …
Not if you get proper education and practice….
Agreed, that does …
Agreed, that does sound like you are gambling when you put it that way. Might I suggest you look to design a systematic approach to trading the forex – this may change your view on the forex.
Hey, check out …
Hey, check out forexflukefighters(dot)com, they seem to have their together and only promote products that actually teach you how to make money in forex. What I like about them is they DO NOT promote all the robot fluff stuff. Worth taking a look.
oh trust me im not …
oh trust me im not ruling it out i enjoy gambling. im just convinced thatthere no skill to playing a randomized luck of the draw.
when i was betting the dollar would fall over the yen 80% of traders where betting otherwise (just because it was at rock bottom) turns out I was right. the dollar dropped below the deepend floor, and i won thousands for it
It’s been proven, …
It’s been proven, with excellent money management, you can still profit with random entries… Don’t rule out the forex just yet.
a waste of time, …
a waste of time, forex too unpredictable for strategies… its a total flip of the coin. plain and simple. You either win, or you lose.
Here’s my reply.
…
Here’s my reply.
Over the years I have come to understand there are many ways to be profitable in the market. If you’ve found a method that works for you, stick with it.
Agreed, the secret is to cut losses and take bigger profits.
Accidentally posted …
Accidentally posted deleted this from shaunshaun88:
your wrong man. i daytrade 5mins for 4 years and have no losing months. The key is to cut losses and have a bigger take profit.