*WARNING* News & Commentaries are TERRIBLE as a strategic trading event!

*WARNING* News & Commentaries are TERRIBLE as a strategic trading event!

There are 2 key ways to trade in any market.

Speculative vs Strategic

Every trading system in the world falls somewhere within this spectrum.

There are key differences between these 2 types of trading.

Some examples include:
(i) Ease of skill level required.
(ii) Consistency of Returns
(iii) Relationship to Volatility
(iv) Lifestyle Patterns

For each category, the trading systems will react differently. E.g. Volatility can be very good and very bad, depending on the system you use.

If you are currently, learning and studying very hard, and yet not getting consistent, clear results, you are probably mixing up different elements from each area.

This is painful and expensive.

I won't go any further on this, if you want to know more, call up our Education Consultants at 61002264 or email us via http://www.financeyourpassion.com/fx/

Whatever trading system you are using now, cross-reference with the elements above and be aware of your blind-spots, because all systems *will* have blind spots! If you think yours is perfect, then your blind spot is very blind.

oh yeah!

I digress.

News & Commentaries inherently carry the expectation of going against you. For Grads, remember to use this info in the blended analysis, and not as a pivot factor.


Cheers,


Winston