We embrace a very logical method based on pure technical analysis. We don't trade news. Meaning, you don't panic whenever something happens to the economy and get swayed and affected by all the speculations and reports in the market.
All our trading decisions are guided by a set of 50 time-tested rules, divided into 3 setup conditions that my students and I have used time and again to make profits -- no matter if the market is moving up, down or even horizontally.
Forex trading is a numbers game and if you discipline yourself to follow the rules, making money is definitely within your reach.
The reason why so many people lose money is because they succumb to their emotions and make irrational decisions that jeopardise their profits.
One of my student Andrea from Jakarta says, "Greed is every traders' worst enemy and the key to trade successfully in Forex is patience and the ability to control our emotions."
They panic when they see the price going down and exit when it’s too early. Or they blindly follow the trends and only enter the market when the price is too expensive.
That’s why I stick by my Fundamentals & Technical Analysis and embrace a purely rule-based strategy. I trust this logical method for 100% of my trades. And I’ve been making wonderful profits for 13 years. :)
This is where you just need to follow the rules, step-by-step. If my students, some who knew nothing about Forex, can learn and apply this strategy, you can too.