View Single Post
  #17 (permalink)  
Old 09-23-2007, 02:11 AM
Forex4fun Forex4fun is offline
Newbie
 

Join Date: May 2007
Posts: 36
Default

I have decided to post the steps I have used to make my system work. Its really more of a check list but I think it may help some people.

GUIDE TO FOREX SUCCESS

by Forex4fun


1) Having heard of the FOREX, decide if you want to find more information about it. Execute your decision.

2) Find basic information about what the FOREX is and how it works. Read and understand the concepts. (List Websites or Other Sources)

3) Find detailed information about what the FOREX is and how it works. Read and understand the concepts. (List Websites or Other Sources)

4) Decide if you want to try the FOREX, see if doing so is possible. Execute your decision.

5) Find extra information related to the FOREX. Read and understand concepts. (Economic Calendars)(List Websites)

6) Find as many online FOREX companies as possible. Rate these companies from highest to lowest. (List Websites)(List Pros and Cons)

7) Open a demo account with the highest rated online FOREX company.

8) Create a FOREX data tables to use as references for your FOREX trading system.

9) Create a FOREX trading system. Test system. Adapt system. Repeat process until deemed ideal.

10) Based on the sucess rate of your FOREX trading system, decide if you want to open a live account. Execute your decision.

11) Find detailed information about the laws that apply to the FOREX. Read and understand the concepts. Execute in legal fasion. (Taxes)

12) Follow your FOREX trading system until you decide to pause or stop the process.

Last edited by Forex4fun; 09-23-2007 at 02:22 AM.
Reply With Quote