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As a trader for over 25 years I have tried lots of ways to make money and learned forex trading the hard way. Here I am going to look at the basics of building a currency system in simple steps and show you how to get one that not only works but suits your trading temperament and lead you to currency trading success.
The first point you need to consider before devising a currency trading system is what type of trader are you
t's doomed to failure.
Let's look at the benefits of swing trading:
You are trading moves of about 3 to 5 days, you get plenty of action, get profits and losses quickly and don't have to have the patience of a long term trend follower.
Long term trend following is hard mentally however it's potentially the most rewarding in terms of cash, but you have the mental turmoil of seeing open equity dip
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3.22 Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved."
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