Follow the rules in Forex market

There is nothing more important in comes to trading on the Forex market that finding a strategy and stick to it. Its normal and easy to get sidetracked when you hear about someone making huge trades with some kind of secret strategy. Most of traders use outside influences as the majority of new strategies, normally is very risky, and at initial, they may make a lot for money, but its not the long term investment. The best solution for all traders is to find their own strategy and prove it themselves, then become an expert of their own strategy to make successful trade after trade on the Forex market.

People fail in the Forex market for only one reason

People always fail just for only one reason that they were not willing to stick with their own proven strategy, its not eay to prove that, we cannot find any other reasons. And also trading in the Forex market, traders need some luck too; luck has a big position in market. With all the helpful tools are provided by Forex market we can only predict which may change or happen in the future, we cant be sure that its going up or down.

However, investors who are enable to prove strategies of them can be survive in the market and that’s what it should all be about at first. How long you can stay survive in Forex, you can learn and trading success will follow, and this is where the rule come from.

Going through only one particular strategy, when you can afford it then you can open trades otherwise not to do that, that will give you a chance to understand how the forex market works and after a period of time, when you have a strong background understanding of all the basic principles, you will be able to spot and catch a good trade from a bad one.

What I am trying to talk about is similar about the story of the fox and the hedgehog that you should aware of. The fox has a good ability, he spends so much time to find new way to catch the hedgehog but no matter how he tries, but the hedgehog is still safe. The only one reason is the hedgehog just follow on one strategy.

What is the purpose of the story?

Stick with whatever you are doing, with one proven strategy that works universally and become an expert at it. When it works for the hedgehog then why shouldn’t it work for you? Don’t try to many strategy you will get the same result as fox or may be worse.