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Sunday, December 16, 2007

Trading the Forex Market

The World Wide Web is an amazing source of free information for just about anything anyone would like to know. As a full time trader, Forex mentor and fund manager I have used the web over the years to hone my skills as a forex trader.

When I started trading, the training cost an arm and a leg, was very basic and simply inadequate to empower individuals to trade with any degree of confidence or competency. Some platforms even charged extra for the use of simple trading indicators like Fibonacci.

Over the years I have purchased my share of trading systems. Some were good and others, well! they only cost me 10 times what I paid for them. Some offered to sell trading secrets that were banned" because they were so powerful, trading methods that guaranteed huge profits and never lost. Much of the marketing attempted to shroud trading systems in a veil of secrecy, each claiming that unless you subscribed to their methods you would never become a successful trader.

To be fair there are some brilliant courses available. Some did little to empower me as a trader. Not that the methods did not always work. They simply did not suit me. This Blog is not about bashing the "experts," there are many very competent successful "experts" out there with decades of trading achievements willing to pass their knowledge on to other traders. Even if it is for a fee they are entitled to be rewarded for that knowledge.

The truth is there are just as many successful, knowledgeable experienced traders out there who are willing to share their knowledge and experience with new and experienced traders alike. Thanks to the Internet there are not many trading secret left that are not available to all and sundry via the Internet.

With literally thousands of trading systems available, some radical, others logical each of us has to find a system that we are comfortable trading. So this blog is simply about sharing some of the trading knowledge found on the net with anyone who feels they can benefit from it. Also to interact with other traders who share my passion for trading.

All the trading indicators used are freely available on the web.

See Risk Disclosure

2 comments:

Vassilis Forex Trader said...

Nice system and indicators. I was looking for Laguerre and found your site, but I cannot find the indicators. Where is the download link?
Regards
Vassilis

Graham du Plessis said...

The indicators can be found on my website http:www.forexhometrader.co.za