Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Should I Buy A Forex Trading System?

0
Posted

Should I Buy A Forex Trading System?

0

I’ve already did but should you buy a forex trading system? I have to admit that I was guilty of buying a trading system when I first started trading over a year ago. I bought the Alba system that’s offered by the Pippin Ain’t Easy site, which I believe is affiliated with Baby Pips. I never used it. But I cannot say I didn’t learn anything from it. I learned that you can last longer in this business if you follow a system with rules. They can include both systematic or discretionary rules. I said you can last longer; I didn’t say you could be successful. I wouldn’t know anything about success because I haven’t been trading Forex long enough to qualify for this title. I’m going to tell you what I think is the #1 way to last as long as possible until you can gain the experience needed that may or may not guarantee success…. Do not trade on impulse. That’s it. I have traded on impulse in the past and it is a great way to give your money away in a heartbeat. You’ll find that one impulse tr

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.