Forex trading looks simple yet few succeed – 95% of new traders lose their money and only 5% win. This may seem an odd fact when anyone has the potential to learn forex trading.
The answer is most traders simply learn the wrong forex education and this article will give 4 tips to get the right education and win.
Firstly the growth of the internet has led to a lot more information becoming available to forex traders and some of it is very good – but most of it is junk and will simply ensure you lose and this leads us to our first tip.
1. Be wary of vendors selling education on the net
Most of them make me laugh for $ 100 or so I can get a system to make me regular profits every day, trade with 80% accuracy or even make me a millionaire – all for a few hundred dollars!
Do not buy them – they will not help your forex education.
There simply marketing guys not traders – if they were, they would shut up and trade for themselves, if making money was as easy as they say they would not need me or you.
2. Do not learn the wrong Knowledge!
There are many myths that have beenpetrated on the net mostly by vendors and let's start with the largest one – forex day trading works.
No it does not, day traders do not make money – period
All short term volatility is random, so it can not – that's why you never see a day trader with a real time track record of profits.
Scientific theories are a great way to make money, another stupid myth.
If markets moved to scientific theory, we would all know the price in advance and there would be no market, yet new traders still learn junk theories like Elliot wave and Fibonacci numbers, lose and wonder why.
3. Get Knowledge from the real pro's
You can do this simply by going to Amazon.com and you can get some really good forex education from traders who have walked the walk, rather than simply talk the talk.
For about $ 100 or so you can get some great advice (see our top 10 books for traders) and get them. They will inspire you and give you a good solid grounding in what it takes to be a successful forex trader.
This is an investment in your forex education that is well worth the money.
4. Work Smart Not Hard
Forex education involves working smart not hard and learning the right knowledge.
If you want to learn forex trading ALL that you need to build a successful system is available free on the net.
See our other articles, there is some great information on technical analysis, formations and indicators and it's all free.
You do not get rewarded for the effort you put into forex trading you get your reward from being right with your forex signals – nothing else. All you need to do is get the right info and you can become a successful trader.
CONSIDER THIS FACT
In 1983 Legendary trader Richard Dennis to prove that traders could be taught took 23 traders with no trading experience and taught them to trade in 14 days.
These traders went on to make Dennis $ 100 million dollars! The story is told in "The way of the turtle" and also Market Wizards – Get these books and you will see that Dennis made them focus on the RIGHT education to win with no filler.
Now you may not make as much money as the turtles but anyone can learn to trade and learn to win if they focus on the right education – you just need to find it digest it, apply it and hopefully this article will have pointed you in the right direction – Good luck.
Today the mobile phone has become a necessity of modern life. In fact it has become so much a part of life that one can not imagine living without it. With the increased demand for mobile phones the need for appropriate accessories has also increased.
Types of mobile phone accessories
There are several kinds of mobile phone accessories. You can buy a wide range of mobile phone chargers, pouches, speakers, hands-free car kits, batteries, sim cards, screen protectors and memory cards, as well as many others. There are also a wide range of data cables available to ensure easier transfer of data for the discerning mobile phone user. You can also purchase a wide range of Bluetooth accessories such as Bluetooth headsets, hands-free Bluetooth car kits as well as other accessories.
Availability of accessories
For many users finding access to the right mobile phone accessories can mean having to browse many different websites to find the suitable kit. For example if you wish to buy a charger for a particular handset then you may not find it at every online mobile phone store. Most mobile chargers only work for a specific model or brand, so chances are you will need to buy the exact charger for your mobile phone. However, there are many online sites dealing in accessories which have a comprehensive selection and easy to use "product selectors" to help customers. You can buy everything from protective pouches to chargers or even Bluetooth accessories, all under one roof! Many sites will offer complementary accessories, especially if the mobile phone you've bought is a new or expensive model. Make sure you shop around to get the best deals!
Road to London 2012!
Did you know- Between July 25 and August 9, 1992, the Angolan Olympic Committee, sent 29 athletes to the Summer Games in Barcelona, Spain. The African nation competed in seven sports: basketball (11), boxing (1), roller hockey (11), judo (4), swimming (3), sailing (3), and track & field (6).
Did you know- Basketball is very popular because basketball is a traditional sport with a long history in the African nation. Curiously, from the 1980s to the 2000s, Angola -a war-torn nation — boasted one of the best basketball teams in the Third World. By 1992, the Angolan squad came in 10th place, among 12 teams, in theMen’s Olympic Games Basketball Tournament in Barcelona (Spain). Eight years ago, they had won the silver medal in the Under-20 African Championship. By 1987, against all odds, Angola -a Portuguese-speaking republic located in southern Africa– won the gold medal in men’s basketball at the African Games in Nairobi (Kenya). Before 1987, the men’s basketball squad of Angola had placed 20th in the World Championships in Spain. In the Spanish city of Ferrol, the Africans were the most popular basketball players; there Angola had defeated Australia 74-69. In addition to this, the country -one of the least-developed states in Africa-finished 13th in the universal competition in South America in the early 1990s. By 1996, it placed 11th in the Games of the XXVI Olympiad in Atlanta, Georgia (US).
Did you know- Angola’s first major international success came at the FIFA World Cup in 2006. During that global event, the men’s football squad came in 23rd place, between Croatia (Europe) and Tunisia (North Africa). The best players were Flavio da Silva Amado, Joao Ricardo Pereira dos Santos Batalha, and Fabrice Alcebiades Maieco, in that order.
Los Angeles 1984
Did you know- The Angolan Olympic Committee, under pressure from Cuba and the Soviet Union, boycotted the 1984 Summer Games in the Los Angeles, California, USA. Four years ago, Angola made its Olympic debut in the Games of the XXII Olympiad in Moscow, USSR (present-day Russia). On the other hand, Angola is one of the youngest members of the Olympic family.
Did you know- The men’s handball team came in 15th place at the Under-20 World Championships.
Did you know- The most popular sports are soccer, athletics, basketball, roller hockey, and handball.
Did you know- The national squad came in seventh place in women’s handball at the 1996 Summer Games in the United States of America. During that international event, Angola, under coach Alberto Junior’s tutelage, defeated America (host nation) 24-23. The country also qualified for the Sydney Olympics in 2000. By the 1990s, the women’s handball team from Angola competed in five world championships (1990, 1993, 1995, 1997, and 1999). At the 1997 World Cup, the national delegation placed 15th, ahead of Japan, South Korea, and Canada.