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Showing posts with the label Forex Trading Strategies

Channelize your money using mechanical trading system to make huge profit

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Over 95% of institutional money is now being traded using mechanical trading systems or fully automated algorithmic trading systems. Nearly 90% of Private home based traders use discretionary trading techniques. Approximately 95% of home based traders lose money in trading whilst most institutions make money in trading. The importance of these statistics should not be lost on any of us! Our opinion at Pro-trader is that  we believe that home based traders are missing a trick if they do not at least look at mechanical trading systems or better still using fully automated algorithmic trading systems. This is especially the case when traders start trading the E-mini futures contracts.  So what is the difference between a discretionary trading system and a mechanical trading system. There are a couple of short videos on our website demonstrating the difference but essentially a discretionary trading system requires a degree of individual judgment in making the trading...

Forex Training And Forex Training For Beginners

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Forex training and in particular Forex Training For Beginners is an absolute minefield. There is so much information out there from so many different competing sources. All of whom claim to have the keys to everlasting success from trading. We Professional Forex and futures traders are often using  very simple methods to make six-figure incomes.  At Pro-Trader we believe in keeping things simple and very much adhere to the principle of (KISS) in trading. So here are three very simple straightforward concepts that essentially form the foundation blocks of 90% of the best Forex trading methods out there. Stick with these when you are learning to trade and you will not go far wrong. Build these concepts into simply Forex  and Emini trading strategies and you will undoubtedly be pleasantly surprised by the results.  The key trading concepts are those of support and resistance, breakouts and trends.Almost all trading methods and strategies are premised on these ...