Forex broker reviews

It does not matter if you are new or an experienced financial market trader. It does not matter if your trade the forex, stocks, metals, futures or any other financial market. In the end only your results are important. The question you have to ask yourself is simple. Do I make money on long term or not? Please read the following questions and if you can answer all of them with “yes” you should be making a lot of pips by now. If not, you will need to work on yourself until you can answer at least 95% of all questions below with “yes”! 1. Do you always follow the technical system rules (at least 9/10)? 2. Do you always follow your money management rules (risk)? 3. Do you analyze your trades in order to look for mistakes you do?4. Do you have a trading journal? 4. Do you have a trading plan? 5. Do you follow your plan? 6. Do you set achievable goals? 7. If you do a mistake and know it, are you trying not to repeat again? 8. Do you organize your trading (times /days and standard hours to trade)? 9. Do you know what kind of trading style you want to follow? Intraday trading, scalping, or swing trading? 10. Are you sticking to your trading style? 11. Can you control your emotions? 12 Do you feel confident when trading? 13. Do you think of making profits when you look for a trade setup? 14. Do you always take responsibility for your own actions when you trade? 15. Do you have confidence in your trading system and yourself? The above are very serious and many traders underestimate them. Mostly it is not even their fault, because the marketing strategy many brokers use, talk about “free and easy money”! That of course does not exist. A professional trader will never hand you his/her money over without a good “fight”! A serious trade will stick to the rules and grow his account on long term. Everybody else will lose. It is as simple as that. It can be easy, if you stick to the rules! To save money, time and disappointment, invest in a good a mentor. But be careful. You have to choose wisely. Make sure you establish personal contact with your mentor before you buy anything. This person should be easy to reach via email, skype or phone. If you are not able to reach him or her personally, stay away. It is very important that you explain and clarify what exactly you are looking for. Let the mentor explain his strategy and make sure he does not promise you wealth “overnight”. In this case, be polite, say thank you and run as fast as you can. Trading means; following strong money management rules, and good traders know that. The rest is gambling. If you want to do that, just go to a casino. Ask your mentor to teach and trade with you live, so you can follow the trading strategies a 100%. A responsible mentor should offer live trading room courses. live trading room swing trading