why does the Forex market always go in the opposite direction of a trade I place?

Friday, January 10, 2014 , Posted by Ryanita at 9:00 AM

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dany g


I've tried trading the Forex market. 99% of the trades go the opposite of the trade I make. The odds are extreme if this is coincidence. The stock either goes up, down or sideways, but the moment I go into it, it goes in the opposite direction. Is this rigged?


Answer
It's not rigged, but you need a strategy. You can find a good strategy at: http://comefollowme.zulutrade.com

And you need a non-dealing-desk broker. Brokers with dealing desks can sometimes make the chart move against you, though that's kind of rare. A great broker is: http://www.etoro.com/B66_A29675_TClick.aspx

If you do these two things, you will succeed:

a) follow my first link to get yourself a good strategy, they are free, and the historical results you see are NOT backtests - those strategies have all had to build their history with that website one trade at a time in real time.

b) follow my second link to get yourself a non-dealing-desk broker. The broker link I gave also has some good strategies with it, which you can use if you wish. Either way, get a strategy.

c) trade a small percentage of your account. If your account is $500 or less, do not ever open more than a few micro lots at a time. If you want to open just one mini lot (a mini lot is 0.1 standard lots) then you will need TEN TIMES as much money to be in your account. You can blow your account in just 3 trades if you over trade, EVEN though you had a good strategy! I've seen it happen. Nothing worse than to have a good strategy, but you blow your account immediately from extreme over-trading, and then you have to sit there for the next few months and watch that strategy do really well... without you.

Where can I find and download a best Forex eBook for beginner?




claimn


Thanks for any suggestions.


Answer
http://www.babypips.com for the info you need as a beginner.

But why learn to trade the Forex the HARD way like most people who LOSE their money, when you can profit in the Forex the easy way?

Just follow these steps. I've dumbed it down to the easiest, yet safest way to win in the Forex.

1) Open a live account at http://bit.ly/iPV25O
2) Select AAAFx broker, and open MICRO account with 200:1 leverage.
3) Deposit at least $300 in your account to start.
4) "Add to Portfolio" the top 20 strategies at http://bit.ly/mJiyZV
5) ...when adding strategies, set maximum number of trades to 5, and...
6) ...select lot size of 0.1 "mini" lots for each $1000 in your account.
7) It will trade automatically, following all those top 20 strategies.
8) Then sit back, relax and take a vacation as you make easy Forex money.




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