Thursday, November 20, 2008

Predicting is the Correct Way to Make Profits

Trying to PREDICT where prices are going to top and bottom will see you lose.

Why?

Because, you are relying on hope and guessing and that’s not a good way to make money in any venture, especially currency trading.

The only way to trade is to wait for the market to CONFIRM a trend is under way, and then execute your trading signal.

You will not buy the bottom or sell the high, but you can’t do that anyway, so there is no point in trying.

By trading with price momentum on your side, you have the odds in your favor.

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