Guest blog post from Kris Matthews (TradeForexFundamentally.com)
A different method (that allows you to have a life outside of forex trading!)…
I do trading a little differently than most. I treat trading as a business and find opportunities to get in and then get out. I don’ stick around and watch price action impulsively, wondering if my position is going to become more profitable or if it’s going to lose. I have a life, and I want to live it. Fortunately there’s a way to trade where you can live that life and have the money (from forex trading!) to support it.
Let me tell you briefly about my forex trading strategy. I wanted to trade a strategy that would earn me nice profits but at the same time give me confidence that it was going to work. I realized I had to discover and develop a strategy that was actually based on how the market actually operates and behaves, and was aligned to the powerful fundamental driving forces that cause the main moves in the market. After much trial and error, reading books, and speaking with mentors in the banking and hedge fund industry, I finally came up with a strategy that made sense and would allow me to be prepared no matter what the market did.
Take a look at the following video to learn my 5 steps that make up this strategy and an example where this could’ve given you 3,177 pips on the AUD/USD pair.
[youtube]http://www.youtube.com/watch?v=zkcE-XyRBBk[/youtube]