You Can Earn More Money in Forex?

The short answer is yes you can Earn. however I will echo the words of many in this thread. It takes discipline, study and perseverance. I have been a professional trader since 1988 (yes I have the silly jacket, badge and access). I was going to go on a rant here, but honestly I don’t have the time.

Maybe this will help… it is 12:10 EST on 09/17/08 I jumped in this morning at 9:00 am and have already pulled $3,380.00 Profit USD out of the currency markets. That puts me up to $11,190.00 USD profit for the week (mon, tues and today). I love chaos (bankruptcies, fed takeovers, etc.) because it creates volatility and volatility is what makes forex traders money.

I trade a very simple proprietary system that is based on 1 indicator and price action.And no I won’t share it. Nothing personal but it took me 3 years of in the trenches trading to develop and most newbies wouldn’t understand it anyway. For me (and most “real” traders would agree) trading is a state of mind. It is when you break through the technical crap and become an intuitive trader (you “feel” the market) that is when you become successful

Now, how a trader profit? Well, after a major reversal in prices, currencies or for the correction of the levels of resistance to the Fibonacci retracement points. So if you know your legal issues, there is a big chance that you will have to win through it.

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