By Forexoma.
Most people lose in forex, not because it is too hard to make money through forex trading, but because they make it too complicated.
“Making Money” is hard in general. It is not easy to make money. Most people have to work to the bone to make money and cover their bills and expenses. If they stop working (sometimes even for a few days) they will be in trouble because they have no savings and backup. Living and working like this make them think it is always too hard to make money, no matter what business they have. They will not believe you if you tell them that although it is hard to make money, still there are some easy ways to make a substantial amount of money every month. You can take them to the computer and show them the price charts and explain how it is possible to make money through trading. They will admit that it is possible to make money. Even they admit that it is very easy to make money through trading. But when they start learning to trade, they always make it too complicated. Why?
The reason is that life has taught them that it is too hard to make money and survive. There is no way to make money easier and with less or no headache.
They start trading with such a mentality. They admit that trading is and looks easier than the other jobs like taxi driving, accounting, teaching, and… . But they do not believe it internally, because of the negative impressions they already have about working in their subconscious. The result is that although trading looks very easy to them, they make it too complicated, because they think something that makes money has to be hard and complicated, and it is not safe to make money through something that looks too easy.
Unfortunately, it is not easy to change such a mentality, specially when it is in subconscious and it works while people do not know it and are not aware of it.
Just look at your charts. Do you really need all of those indicators, moving averages, lines and… to trade? Are they really helping you make money, or they only make you lose money?
Experience shows that most of those who lose money, make their trading systems too complicated. They will not believe you if you tell them that a trading system doesn’t have to be that complicated, and many of the professional traders use nothing but the price chart. They start trading with such a mentality, and after wasting a lot of time and money they give up. What Is the Solution?
You have to realize that trading is very easy when you keep in simple and easy, and it becomes hard and complicated only when you make it hard and complicated. You have to understand that you lose when you make the trading complicated. You will have more emotions when your charts look too choppy and messy with too many indicators, moving averages and lines. You have to stop over-analyzing the markets, and looking for the exotic and complicated chart patterns and signals.
If you are used to make the work too complicated (because of the reasons we explained above), you have to stop yourself. There are some good ways to do that:
1. Make yourself limited to 1-2 indicators maximum.
2. Look for a limited number of chart patterns like triangles.
3. Follow the tools like Naked Forex: High-Probability Techniques for … that make the chart analysis and trading as easy and simple as possible. We do not want to use this chance to promote our robot again. However, this robot was created to make the traders stop losing and start making money. It was explained above that many traders lose because they make the trading too complicated. The most important feature of Naked forex High-Probability Techniques for...
is that it makes it as simple as possible to trade. It has so many other features, but simplicity is the most important one.
You can only have Naked forex High-Probability Techniques for...(Kindle Edition) working on the price chart without having any indicator. As you have noticed, we do not have any indicator on the Naked forex High-Probability Techniques for...(Kindle Edition) charts in the articles we have published about Naked forex High-Probability Techniques for...(Kindle Edition) so far (for example here). However, as most traders like to get the trade setups confirmed by one or two indicators, and as we wanted to show our clients how Naked forex High-Probability Techniques for...(Kindle Edition) can be used with any indicator they want, we have three indicators on the FCAR ready-made platform that our live account holders can download and use:
Bollinger Bands,
RSI-MA,
MACD Bars.
Monday, July 1, 2013
Wednesday, June 26, 2013
A Letter from God to Forex Traders!
I am very delighted and pleased to write to you because you forex
traders are among those of my people who call me and pray a lot
specially when the market goes against your positions. Please keep in
your mind that at the same time that the market goes against your
positions and you start praying and asking me to turn around the price
to your favorite direction, there are a lot of other people who have
taken the right position and are happy with the money the market is
making for them. Most of them keep on saying “Thanks God!” and ask me to
move the market more and more.
Whom should I listen to? What would you do if you were me? Would you suddenly change the direction of the market to please those who were losing or you would force the market to keep on moving on the same direction to please those who were making money?
I don’t do either. I have created and organized everything with its own rules and regulations. Everything, from the smallest particles in atom’s nucleus to the biggest galaxies and stars are moving and behaving through following the rules and regulations that I placed in their structures and systems at the very first moment I created them. They know what to do because they follow the rules. They use the initial source of energy I gave them. Electrons, planets, stars and… know their own orbit and pathway very well. They don’t ask about their direction and destiny everyday. I have already told them what to do.
When a bird wants to go and find some food and at the same time it starts raining, that bird doesn’t ask me to stop the rain, because he/she knows that it starts raining exactly when it is time to. It is the bird who has to adopt himself to the nature and its rules. Nature and its rules can not be changed just to please a bird.
It is the same with forex market and all other things. If you like to make money through forex trading, you have to learn and follow the forex market rules. Market doesn’t follow you. You have to follow the market. If you took a position and the market went against you, don’t ask me to return it because I don’t listen. Even if Jesus takes a wrong position, I don’t care because it is his own fault. He also has to know the forex trading rules and techniques if he wants to become a forex trader.
If you blew up your account because of your own ignorance and because you didn’t know how much money you would have to put in each trade, don’t blame me and don’t say that I don’t like you and why the others make money but you only lose. It is not my fault. I don’t make any exception. I love everybody. Everybody who follows the rules will be prosperous. Those who try to go against the rules will suffer.
I never forget those days that the market went against you and you prayed for it to be returned and it returned (not because I made it return for you but because it was the right time to return). You recovered your loss and suddenly forgot about me. You forgot that you were begging me to return the price for you. You repeated that if I returned the price just once, you would promise that you would never ever make any more mistake and you would follow the rules. But as soon as the price returned and you recovered your loss, you forgot me and your promise and started repeating the same mistakes over and over. Instead of being like that, just learn the rules and techniques.
Keep in your mind that I am the only one who makes no mistake. Even if you learn all the rules and techniques and you gain several years of experience, you can still make mistake. But it is ok. There is something which is called stop loss. It is one of the most important things in everything. I have placed a lot of different stop losses in nature too. For example your body cells know that when something goes wrong with them and they are not able to control a bad condition, they have to pack all their internal organs and substances and “stop” all activities and biochemical reactions to avoid hurting the other cells. Those cells that ignore this rule become converted to cancerous cells. Of course they ignore it when it is time to ignore and when it is time for you to come here but if you don’t like to lose all the money that you have in your account just because of one mistake, never ever ignore placing a reasonable stop loss and when you made sure that your stop loss is in the right position, never ever move it when you see the price gets close to it.
Lastly, if you succeeded to make money through forex trading or any other kind of businesses, try to spend a portion of your income for charitable purposes every month. Don’t say “I pay tax.”. Most of the tax that you pay are spent to make deathful weapons to kill innocent people around the world. Or it is spent to make some crooks richer. Most of those who really need to be supported and paid have never been paid and supported through the tax that you pay. I know it is not your fault but it is still your responsibility to take care of those who need your help. Although I don’t listen to you when you ask me to return the price to your favorite direction when it goes against you, if you help poor people with the money that you make, I help you to become a good forex trader who knows and follows the forex trading rules as soon as possible. I never forget those who don’t forget me and I help those who help the others for the sake of me. Take care of the others and I take care of you. I assure you that if you help the others I don’t let you down and I will be there for you at the moment that no one can help you but me.
Very truly yours,
God
Whom should I listen to? What would you do if you were me? Would you suddenly change the direction of the market to please those who were losing or you would force the market to keep on moving on the same direction to please those who were making money?
I don’t do either. I have created and organized everything with its own rules and regulations. Everything, from the smallest particles in atom’s nucleus to the biggest galaxies and stars are moving and behaving through following the rules and regulations that I placed in their structures and systems at the very first moment I created them. They know what to do because they follow the rules. They use the initial source of energy I gave them. Electrons, planets, stars and… know their own orbit and pathway very well. They don’t ask about their direction and destiny everyday. I have already told them what to do.
When a bird wants to go and find some food and at the same time it starts raining, that bird doesn’t ask me to stop the rain, because he/she knows that it starts raining exactly when it is time to. It is the bird who has to adopt himself to the nature and its rules. Nature and its rules can not be changed just to please a bird.
It is the same with forex market and all other things. If you like to make money through forex trading, you have to learn and follow the forex market rules. Market doesn’t follow you. You have to follow the market. If you took a position and the market went against you, don’t ask me to return it because I don’t listen. Even if Jesus takes a wrong position, I don’t care because it is his own fault. He also has to know the forex trading rules and techniques if he wants to become a forex trader.
If you blew up your account because of your own ignorance and because you didn’t know how much money you would have to put in each trade, don’t blame me and don’t say that I don’t like you and why the others make money but you only lose. It is not my fault. I don’t make any exception. I love everybody. Everybody who follows the rules will be prosperous. Those who try to go against the rules will suffer.
I never forget those days that the market went against you and you prayed for it to be returned and it returned (not because I made it return for you but because it was the right time to return). You recovered your loss and suddenly forgot about me. You forgot that you were begging me to return the price for you. You repeated that if I returned the price just once, you would promise that you would never ever make any more mistake and you would follow the rules. But as soon as the price returned and you recovered your loss, you forgot me and your promise and started repeating the same mistakes over and over. Instead of being like that, just learn the rules and techniques.
Keep in your mind that I am the only one who makes no mistake. Even if you learn all the rules and techniques and you gain several years of experience, you can still make mistake. But it is ok. There is something which is called stop loss. It is one of the most important things in everything. I have placed a lot of different stop losses in nature too. For example your body cells know that when something goes wrong with them and they are not able to control a bad condition, they have to pack all their internal organs and substances and “stop” all activities and biochemical reactions to avoid hurting the other cells. Those cells that ignore this rule become converted to cancerous cells. Of course they ignore it when it is time to ignore and when it is time for you to come here but if you don’t like to lose all the money that you have in your account just because of one mistake, never ever ignore placing a reasonable stop loss and when you made sure that your stop loss is in the right position, never ever move it when you see the price gets close to it.
Lastly, if you succeeded to make money through forex trading or any other kind of businesses, try to spend a portion of your income for charitable purposes every month. Don’t say “I pay tax.”. Most of the tax that you pay are spent to make deathful weapons to kill innocent people around the world. Or it is spent to make some crooks richer. Most of those who really need to be supported and paid have never been paid and supported through the tax that you pay. I know it is not your fault but it is still your responsibility to take care of those who need your help. Although I don’t listen to you when you ask me to return the price to your favorite direction when it goes against you, if you help poor people with the money that you make, I help you to become a good forex trader who knows and follows the forex trading rules as soon as possible. I never forget those who don’t forget me and I help those who help the others for the sake of me. Take care of the others and I take care of you. I assure you that if you help the others I don’t let you down and I will be there for you at the moment that no one can help you but me.
Very truly yours,
God
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