3 Things I Wish I Knew When I Started Trading

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This could be crucial information that YOU SHOULD KNOW…

Today I am going to SHARE with you the TOP 3 things that I wish I had known early on in my trading career…..

So that YOU my friend…..

DO NOT MAKE the SAME mistakes that I did….

Are you Ready?….Ok Good….Then let’s dive in….

The FIRST thing I wish I knew when I started trading FOREX:

…is to SET REALISTIC Expectations..

You know a lot of new traders jump aboard the Forex Wagon, and begin to have Visions of Grandeur…They can just smell the Money….

I was no different when I started off.,….

Look…there is MONEY to be made in the FOREX MARKET….VERY GOOD MONEY….but you just have to BE realistic about things….Don’t expect to take $ 1000 and turn that into 500,000 by the end of the year….BE REAL…

The SECOND thing I wish I knew when I started trading FOREX:

‘’is to USE LEVERAGE very responsibly…

Listen up….If you are picking your broker mainly by the amount of leverage they are offering you…..then you are just ASKING to eventually get blown out…..

200:1 Leverage….100:1 Leverage, even 50:1 Leverage…

Are you NUTS?…..Just save yourself the time and aggravation and instead….Just give away that MONEY to a good charity.

At least that way you will get back some GOOD KARMA in return….

I would highly suggest that you use no more than 10:1 leverage in your trading…I like to limit myself to about 5:1, and I can still make VERY HEALTHY returns with that…

The THIRD thing I wish I knew when I started trading FOREX:

….is the value of the “Right FOREX Education”….

I cannot OVEREMPHASIZE the word “Right”. There is a lot of information out there…. Unfortunately, there is a lot of just pure JUNK also…..

I myself have EASILY read over a 125 or so Trading Books….and taken various courses on trading….I even studied under the GREAT “George Lane” for a full week or so back in the late 90’s…. ( If you don’t know, George Lane is the inventor of the famous Stochastics indicator that many traders use today…

But my point is that the Right Forex Trading Education or Mentor can put you LIGHT YEARS ahead compared to finding and learning what’s out there on your own…

Your Comment will be highly appreciated

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