The Way of the warrior is रेसोलुते इन forex

“Generally speaking, the Way of the warrior is resolute acceptance of death...”Miyamoto MushashiJapanese Martial Arts masterUntill 18 month ago, I knew almost nothing about markets,especially forex.I had an another full time job at that time ..Then thanks to the internet, I became aware that there is such an incredible and fascinating market in the world.It grabed me and I grabed it.Then the story began.At first I thougt that it’s an easy prey, but later I recognized that it was me, the”easy prey” for the market...Like everyone else,I guess.After some loses, I realized that I should learn anything that can be learn about the “enemy”.Thru day and night hard work, I began to suck any info about it,especially tecnical ones.I read anything about markets,forex,trading,pscology and so on...well beyond many thousand pages.And I tried them on both real and demo accounts of mine on gftforex.And then I came to conclusion that more than 90 percent of them are merely useless.Not effective.Not practical.Not functional.Not profitale.Not realistic....Not suitable for me nor for anyone else I guess.Fake gurus ,fake experts,fake info...They just lead you to the exit,if blindly followed.I realized that I should do it by myself.Only ”I” can help myself finding a way out of this problem...No one can help me in this world..Today more than 90 percent of what I know about markets is merely my own conclusions,tested and proved in real market conditions.Now I try to clean up my brain out of what I learned of many books at the beginning.Almost 70-80 percent of my trade decision is right and profitable now....which is not sufficient and which shows that I’m still not a real master ....Not yet....The one who think that it can be done just by means of someone elses knowledge, is a fool.The one who think that he or she can beat the market before being a real master,is a fool.The one who is not aware of these, is a fool.The one who made money inspite of these, is just a” lucky fool”,as described by Nassim Taleb, in his masterpiece book, “Fooled by Randomness.”Being a master is a must, and my favorite is Miyamoto Mushashi.Legendary warior,who won 60 duel in a row, not being defeated even once in 16.th century.I also advice everyone his only book, “ The Book of Five Rings.” What I find most important about that great master is that , he was a self trained person...He also found the way himself and became a master...he didn’t follow anyone elses path.Think about it.I tried being inspiring for someone out there looking for the truth...I hope I was.Good trading for everyone!

‘Forex Story’ Is the US Headed for Recession, If So Where Should I Park My Dollars?

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Archive for the ‘Forex Story’ Category
Is the US Headed for Recession, If So Where Should I Park My Dollars?Tuesday, January 15th, 2008 Retail sales and producer prices both contracted in the month of December, leading many traders to wonder whether the US economy will fall into recession. Spending on cars, electronics, furniture, gas station receipts, building materials, clothing and sporting goods all declined, reflecting a broad based slowdown in consumer demand. According ...
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Dollar At a Standstill - Which Way Next?Monday, November 19th, 2007 Was it a pause that refreshes or a sign of an intermediate term top? Dollars bulls and bears battled each other to a standstill as the pair tried but failed to make a new record high. On the other hand any attempts to take it lower were met with steadfast ...
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Australian Dollar: The Next to Reach Parity?Sunday, October 14th, 2007 It has been a record breaking past few months in the currency markets. While the EURUSD, the most actively traded pair in the world, made headlines when it surpassed its all time high late September; the story was quickly overshadowed by the Canadian dollar which reached parity with the US ...
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A Weak US Dollar: How Does that Impact You?Friday, September 28th, 2007 Over the past month, the value of the US dollar has fallen significantly with the once mighty greenback dropping to a record low against the Euro and a 31 year low against the Canadian dollar. For currency traders, the dollar’s weakness has provided plenty of opportunities, but for the average ...
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US Dollar: Rising Layoffs Poses Big Risks to US Labor MarketThursday, August 23rd, 2007 Today’s recovery in the US stock market, carry trades and bond yields brought optimism back into the financial markets. News that BNP Paribas will be reopening its three frozen funds and reports that four of the nation’s largest banks tapped the Fed’s discount window as a vote of confidence has ...
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Don’t get rid of your junk bonds yetTuesday, July 17th, 2007 While horror stories about high-yield bonds may be in the headlines these days, you should not get rid of these funds quite yet. The worries about hedge fund meltdowns and too many of them in existence as well as the history of tight spreads is not going to take down ...
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Does Forex Make Money?Friday, May 18th, 2007 With a daily turnover estimated at around $1.8 trillion the answer to the question "Does the Forex make money?" is pretty obvious. The bigger questions is: "For whom?" With the opportunity for anybody and everybody with a computer and an internet connection to participate in the Forex to make money in recent ...
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