Forex Trading
More and more people are asking me about forex trading, whether it is a sound investment and how they can be successful in forex trading. Personally I think investors are good to expose themselves to various forms of investment as ways to diversify their portfolio provided they understand very well the risk involved in each type of investment. Forex trading involves higher risk than the usual equity investment that requires certain trading skills and discipline. Of course all these can be trained as you go along in the journey of trading, be it forex, futures or equity trading. So if you were to ask me if it is a sound investment, my answer is "Yes" if you trade with a plan, this plan must state clearly your entry price, target price, and your stop loss. Next, I would like to share with you my personal views on how to be a winner in world of forex trading. Big Picture Too many traders get too detail in the day to day, minute to minute trading which often make one get confused