AutoTradingFx.com

The Six Forces of Forex

1. Who trades forex? Understand who participates in the markets, why they are successful, and how you can emulate them.
2. Why trade forex? There are superior returns in forex, but not for all investors. Are you one of them?
3. Where should you trade? Choose to work with service providers who can efficiently enable your style of trading.
4. What should you trade? Select the currency pair, entry, exit and money management methods that will maximize your returns.
5. When should you trade? Trade when the environment is most likely to produce the best conditions for executing your system.
7. How should you trade? Trade using methods that maximize your ability to emulate the proven winners.

Knowledge of these forces and how they work is a major determinant of your success as a trader. That descriptions shows these 6 forces, their relative rarity, and their effect on profitability.