www.instantforexincome.com newsletter.
In our last email we spoke about the best times to trade Forex based upon the overlapping major markets and the peak of transactions they bring. This week we look at how your strategy can turn these peak times to your advantage to maximize your returns on investment.
Put simply, your Forex trading strategy is the one most important factor that will decide whether you are closing trades with a smile on your face or logging in to find your stop-loss has come in to effect.
If you are making less than 50% profit over the course of a year then there is no doubt you are not trading as efficiently as you could be. Some of the professionals are trading with 200%+ profit every single year, this is how they make a living from trading.
Now, I am assuming you signed up to my newsletter because you are not a professional currency trader and want to earn more from Forex? Ok well here is the one piece big piece of advice I can give you on trading with a strategy.
Learn from the traders who are making a living from trading. You can do this by signing up to a professional strategy service and taking on board everything you can while they are bringing you profits in.
The great thing about joining a strategy service is that you pay a small monthly fee which is usually recovered within a couple of trades and you learn the tricks to develop your own strategy by watching what they do. Of course during all this time the service will be bringing you big profits in too so it's a winning situation on several levels!
However, I do advise you to exercise caution when choosing a strategy service as too many are there to rip you off. If they are not prepared to offer prospective new clients a free trial then you should look elsewhere. All that shows is that they do not have the confidence in their own strategy, if they did then they would know they could offer you a free trial and you would keep coming back for more because the trial made you money.
Personally I recommend Netpicks as the best trading strategy/signal service provider. They offer both manual self-trading and an auto-trade function, signals sent to your inbox or even cell phone, 24 hour customer support and free weekly web-seminars to educate you about their strategy. What's more they also offer a free 2 week trial so you have nothing to lose.
Honest, you should at least give the 2 week free trial a shot and see how much money it earns you, you can always cancel at the end of the trial if you are not happy with their service.
Good luck and happy trading!
The Instant Forex Income Team
15 Newstead Court, Somersby Road, Nottingham, Notts NG5 4NF, UNITED KINGDOM
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