If you are looking for currency trader training, then I strongly suggest that you think outside the box. You may be thinking what exactly does that even mean? I mean stop acting like all the other drones that are trading forex.
Don’t take the shortcuts that everybody else seems to want. Frankly, they just don’t work. If they did, I would think there would be more than just 5% of people making money in the forex market.
These shortcuts usually entail things like forex robots, state of the art software, magical indicators,forex signals, etc…
The truth is, for all the bells and whistles we see today, the essence of trading has not changed since the beginning of the opening bell on the first day of the stock market. The concept is exactly the same. Buy low, sell high. Or if you are shorting, sell low, buy high. That’s it, don’t make it more complicated than it has to be.
All these shortcuts are doing you a great disservice. They are trading for you. You have no control, nor insight into the markets by using them. Your success solely depends on how well these shortcuts do.
Back since the first day of the stock market, technical traders have relied on the concept of price action. Whether it be, the legendary floor traders like Jesse Livermore who just followed the movement of stock prices as his trading methodology, to every guy who trades off of a simple bar chart. The concept is exactly the same: Understand the markets and understand what makes them tick.
By: John Templeton