Comments on Samuel Imoisili: What the hell is FOREX?

FOREX TRADING MADE EASY !!! NO MANUALS ! NO E-BOOK...

2009-01-14T21:25:00.000+01:00

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TRADE FOREX WITH A PEACE OF MIND AND MAKE COOL CAS...

2008-09-08T11:33:00.000+01:00

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Hi, Saw some very interesting opinions on what for...

2008-06-01T18:01:00.000+01:00

Hi,

Saw some very interesting opinions on what forex is about, still confounds me that a lot of us don't have the first clue what forex is, what we want from it and how to go about getting it. Just a few tips for all you aspiring traders

1) Forex is a business...so treat it as such.
2) Take small pip profits every day but compound your profits...little drops of water.
3) Forex is a marathon and not a hundred meter dash...the same way a sprinter gets tired after running too hard and too fast for a long time is the same way your account will run out of steam after a while if you push it too hard.
4) In light of this focus more on weekly, daily and 4hr charts, use the lesser time frames for entries only.They take longer to achieve results but are more effective.
5) This is about the most important lesson i learnt...COMPLETELY IGNORE NEWS. Since i only trade higher time frames the effect of news is irrelevant to me.

I hope this helps..took me awhile to acquire these experience.

pippimp: peterinc@yahoo.com