Ultimate Buy Sell Secret Forex Arrows Software has been developed by Karl Dittmann from Germany. Karl Dittmann claims that his Ultimate Buy Sell Secret Forex Arrows software can make at least 100-150 pips daily. This is what Lars Larsson from Sweden says: “A brand new Forex software that is in my opinion is the most successful, convenient and profitable all in one tool with unique DOUBLE buy/sell arrows system, trend indicator, text informer, alerts etc “Ultimate Buy Sell Secret” just launched.
Forex Trading Systems
A system developed to help an individual to decide when to buy or sell on a currency pair using the current Forex rates in the foreign exchange market.
Nowadays doing a quick internet search you will find persons selling their “Holy Grail” foreign exchange trading systems for a couple thousand dollars to less than twenty dollars. They say if you buy their system you can kiss all your money worries good bye, buy you own island, and on and on. Unfortunately the usual result is the only person making money from this currency trading system is the “Snake Oil” salesperson as they were called in the U.S. gold rush days in the 1800′s. [Read more…]
Raitis Trading System
A true story about day trader, scalper and position trader
This is not yet another article to entertain you for couple of minutes and plant an idea inside your brain that you’re going to forget about by the bedtime. I am about to tell you a story, a true story about three traders. Three traders who traded with three different trading styles – day trading, scalping, and position trading. You are about to hear a story of myself and how I went through three different trading periods, financially and emotionally. If you look close enough some of you might even recognize yourselves and learn a thing or few. [Read more…]
Are you “trading” or “gambling”
Recently I received a question from a perspective FXCoaching.com customer after he saw the forex signals track record with four consecutive losses of 70, 90, 42 and 99 pips.
His question went like this: “Hello Steven, your overall trade results look good but, for example on week of August 16th 2010, you had four consecutive losses of 70, 90, 42, and 99 pips. Won’t that trigger a margin call or nearly wipe out my account?”
My reply: Whoa! Slow down. I am sorry, but what you’re doing does not even come close to resemble actual trading. Please forgive me, but I’m going to be a little harsh here.
If what you are suggesting is true, then you are definitely gambling. If losses of 70, 90, 42, 99 pips can wipe out your account, you are using WAY TO MUCH leverage.
Stop it now and take this business seriously! [Read more…]