TRADING LESSONS

One of the advantages we have trading Forex on the internet is the access to so many different trading systems and so many different indicators. There are over 1000 indicators to choose from and there are more systems than there are traders! We have access to many of these systems both freely and commercially. What a great advantage we have as traders! Or is it an advantage? What if we lived in a world where, if we wanted to trade the Forex market, we were given only 1 system? This system was worked on only 1 timeframe and included 2 indicators and a couple of moving averages. We learned about support and resistance and trend lines and that was it! No choice to alternate indicators, averages or timeframes. How awful would that be, we would be a total disadvantage. Or would we? This might surprise you, but I believe that if we as traders were only able to use a single trading system, would be so much better off. You would see more Forex millionaires, exponentially more year after year...

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