Reader Comments

Olymptrade Review

by Adams Smith (2019-02-20)

The best forex trading method is what all forex Olymptrade Review traders search for. While there's nothing wrong with that, they need to be made aware that you should be the actual trader and not use mechanical means. To be a successful trader you must also display discretion.Stop for a moment think about how many forex traders are now relying completely on mechanical means to trade. The statistics tell us that 95% of traders are making a loss, so it's obvious, all these mechanical trading systems just don't work! You have to work to make money on the forex market, not just sit back and let others make all your decisions.To be a successful forex trader you must understand the trading basics. Get to grips with the trading method known as price action. More than any other market, the currency market has price action patterns which constantly repeat themselves. These patterns act as clues as which direction the future prices will take.Most forextraders have heard of the price action method, its goes back to the day of the first stock exchange trade. Many have never used it to trade, probably due to the fact it's a discretionary method. This boils down to blatant laziness, they can't be bothered to think about why they should be selling or buying. They leave all that to their indicators. You can't successfully trade this way, and you'd think that by now they would have grasped this concept. They must analyze the markets themselves, and then maybe they can become successful forex traders.It seems ironic that what is widely recognised as the best forex trading method is criminally underused. We call this method 'price action' and it's as old as the stock exchange itself.