Forex Trading Tips: Top Tips For Successful Forex Trading: Forex Trading Success, #1
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About this ebook
Special Bonus - Complementary Forex Trading Video Course - 100% Free
Successful Forex Traders Don’t Become Successful By Accident
Successful traders follow a tested and proven set of rules which help them trade effectively.
This Forex book contains many time-tested Forex trading tips/rules/guidelines gathered from numerous successful traders from all over the world. One of the most effective ways to become successful in any endeavor is to “model” yourself after those who are already successful. The tips/rules/guidelines will not only help to get you on the right path to successful foreign exchange trading, but help to keep you on the right path.
These useful tips are arranged based on a variety of Forex trading topics for your quick and easy reference.
This book was designed as a collection of trading tips as an introduction to Forex trading for beginners. If you are an experienced and successful trader then you are already putting into practice the information found inside this book. If you are new to trading Forex, however, there are tips/rules/guidelines to help you in a number of different areas. If you are interested in more in-depth coverage of Forex trading, please check out my other more advanced books in my Forex Trading Success series.
Create A Simple Forex Trading Plan – As the old saying goes, "if you fail to plan, then you plan to fail". Included are some basic guidelines to help you quickly create a basic Forex trading plan.
Forex Investing and Forex Day Trading - Whether you are interested in longer-term investing or shorter-term trading there are plenty of timely, useful trading tips for you.
Forex Demo Accounts - Did you know that using a forex practice account the wrong way can actually cost you money? There is one tip in particular that can keep you from making the rookie mistake that plagues almost every beginning trader.
The Lowdown On Forex Robots - Most people would never buy a car without knowing how to test drive a car...yet people buy and risk their hard-earned money with untested Forex robots and trading systems every single day. Get the lowdown on Forex robots and save yourself a lot of time, money, and grief!
Forex Basics - This section of the Forex guide contains a wide variety of solid trading tips and serves as an excellent reference....especially the section on trading money management.
Forex Myths - Some of the things you will hear about Forex trading are just plain nonsense. Learn about some common Forex myths that may already be costing you money.
Inside you will also find tips/rules/guidelines ranging from tips on getting started in Forex trading to tips on such important topics as Forex trading strategies, Forex price action trading, technical analysis and much, much more.
You Can Read this book on your PC, Mac, Tablet, and even your SmartPhone!
Download this informative Forex trading book now and start to improve your Forex trading today!
Buy Your Copy Today and Get Free Access To The "Forex Trading Tips" Forex Trading Video Course.
Cedric Telstine
Cedric Telstine's no-nonsense approach to teaching the art and science of Forex trading has won the hearts and minds of individual traders and financial institutions the world over. Mr. Telstine has the unique ability to take even the most complex subject matter and deliver it so that anyone can understand it. Cedric's approach to trading is anything but theoretical. He draws from his many years of real-world, real-money trading experience and generously shares what works and what doesn't work.
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Book preview
Forex Trading Tips - Cedric Telstine
Table Of Contents
Introduction
Getting Started
Learn Forex Trading
Forex Trading Plan
Forex Trading Strategies
Forex Brokers
Forex Technical Analysis
Forex Charts
Forex Price Action Trading
Forex Indicators
Forex Demo Accounts
Forex Robots
Forex Reviews
Forex Day Trading
Managed Forex Accounts
Forex Trading Basics
Risk Control
Trading Discipline
Forex Myths
Conclusion
Your Free Gift
The Forex Trading Success Series
Copyright and Disclaimer
Introduction
Successful Forex traders don’t become successful by accident. They follow a tested and proven set of rules which help them trade effectively.
This book contains many time-tested Forex trading tips/rules/guidelines gathered from numerous successful traders from all over the world. One of the most effective ways to become successful in any endeavor is to model
yourself after those who are already successful.
Inside you will find tips/rules/guidelines ranging from tips on getting started in Forex trading to tips on such important topics as Forex trading strategies, Forex price action trading, and much, much more.
The tips/rules/guidelines will not only help to get you on the right path to successful Forex trading, but help to keep you on the right path.
These useful tips are arranged based on a variety of Forex trading topics for your quick and easy reference.
Getting Started
Do Not Take Forex Trading Advice from People Who Do Not Trade – Forex is one of those topics where everyone seems to have an opinion. Quite naturally, some of those opinions are much more valuable than others. The advice that will steer you in the right direction will come from those who have and are trading Forex successfully.
Understand Why You Want to Trade Forex – One of the first things you want to do is to understand the underlying reasons that you want to trade Forex. While, to make money
, is the obvious reason you may have your own personal reasons in addition to this most popular one. Whatever your reasons, make sure they align with your actions. In other words, if your underlying reason for trading is the excitement rather than profit, the excitement may be the only thing you get from trading.
Have Realistic Expectations – When you are just starting out you see advertisements for tons of Forex trading products that make absolutely ridiculous claims. Believe it or not there've even been products that claimed to produce 100% winning trades. Don't believe the hype. Such claims are nonsense and are to be ignored. Remember, that the most successful traders in the world don't have 100% winning trades and that includes those who are billionaires.
Think Long-Term – Start off on the right path by thinking of your Forex trading as a marathon rather than as a sprint. Many beginning traders are in a huge rush to get rich quickly and this is a huge mistake. Thinking long-term can help you avoid being in an unnecessary rush and taking risky trading shortcuts.
Learn Forex Trading
Learn to Trade Forex – While it might seem obvious that you need to learn to trade Forex before you trade Forex, many newcomers dive in without the proper Forex training.
Take a Forex Trading Course – Taking a solid Forex trading course can help you to