Mar 12
22
Do You Have A Strategy For Forex Trading?
Seriously, if you don’t have a strategy for your Forex trading, you’re not going to be a trader for very long. People who rush into Forex trading without a strategy are known as ‘contributors’. That’s because trading on the Foreign Currencies Exchange Market is a real, live, ‘zero-sum’ game. Every time you lose a trade (and your money), someone somewhere in the world won that same amount from taking the opposite side of your trade.
I’ve always said that getting into “Forex trading without a system will cripple you”, but to be complete, I’d have to add, “Forex trading without a strategy will kill you.”
All systems ‘work’ inasmuch as they will afford a predictable result if the trader adheres religiously to the signals, rules and conditions they believe important; but not having a strategy for your Forex trading is about as predictable and full of surprises as setting out to cross the Amazon jungle without regard to the ‘trail’.
My own strategy for Forex trading was always clear, it was to find a good system and stick to it and I never forgot that I was less interested in ‘conquering’ the market than I was in supporting my family and my charities.
I earnestly studied everything I could about the Forex market, it was an obsessive quest—I never questioned but that I would find out how to make serious money in the Forex Market…and I did.
After too many long sleepless nights and untold numbers of note pads (to write down what I learned), and too many losses to let my stomach ever know what inner-peace was; I FOUND IT!
It wasn’t what I had ever expected, but my trades will stack up with the BEST…and I don’t know exactly what trades I’ve made. What I do know is that all I do these days is check my account balances each month, and race to spend the profits. I mean to say that is ‘all’ I have to do.
I remembered my strategy, and stuck to it. That’s why I get so excited about my little robot trader—it’s amazing! I saw several comments that using this robot doubles accounts monthly, so I’m not the only one. I realized that starting with only $500.00, doubled each month for a year is a Million dollars! That’s a strategy for Forex trading most traders can live with.
Here’s the robot that changed my trading life, and my home life. See if it looks like a strategy you can live with, too:

Wishing you success in all of your trades!
Walker Geist

