A Short and Smart Book - My dog ate my forex from wisepowder's blog

A Short and Smart Book - My dog ate my forex



The author Doug Breiten paints the picture of every traders life in his introduction. Of course in his own experience of 15 years fascinating about winning big with Forex. He goes on about how he discovered a winning strategy. He will also tell you the 3 reasons why nearly every forex trader loses money—and what you can do about it!To get more news about WikiFX, you can visit wikifx.com official website.

　　As I sit down to write this short book, I reflect upon 15 years of fascination with the markets. The last 10 have been studying the Foreign Currency (forex) market. The allure of making boat loads of money trading still grips me. Tales of hedge fund managers making hundreds of millions if not billions per year with gains of 500 to 1000% are hard to resist. The harsh reality is that most of us traders lose our entire accounts many times. Very few of us ever understand why we continue to lose.

　　Nor do we discover how to profit by changing our behavior just a little bit. If you‘ve had the experience of losing all or most of your account trading forex, you're in good company. The bad news is that it is our own fault we lose money trading. On numerous forums, I’ve read of traders complaining that their broker was hunting stops and somehow or another cheating them out of their money. They are correct about one thing—the broker is taking our money! But, we are giving it to them. They do not have to cheat us out of it. Your dog (broker) certainly did not eat your trading account—you fed it to them! The good news is that there are some simple steps you can take that can help turn your failures into success!

　　I have discovered 3 simple secrets to trading successfully. You have undoubtedly heard some of these before. But what is different is the one final secret that ties it all together for the lone trader. This one component was what I was lacking to maintain success in my own trading. After I developed a trading strategy that was consistently profitable, I started GroupofTraders.com (GOT) to help me take advantage of secret #3. Although I started GOT to help me with my own trading, it has become a Win-Win situation. By helping other traders be successful, I in turn become a more successful trader. The reason for this is one of the secrets shared in this book.