Saturday, June 5, 2010

Some inspiration about forex trading

After surfing on internet to find topic about Renko Cahrting. I found a good thread at FF. Its about Renko and Play Game. Do you like Play Game? if yes you can applied that to forex. Here is some good sentences:

"People understand a lot of Forex seriously even realize it's more like it's the only thing in life, that is totally wrong.
Each job in the world is easier if you enjoy it and trying to understand it as one game. That is why I opened this topic.The name of the thread is Renko Trading for Gamers, yea you read it good .I strive to combine as many games and trade that conveyed the spirit of play on Forex.

There are a lot of similarities with the games and trades.I prefer to play Starcraft and if I compare Forex with Games,there is no difference.

First if you play casual Starcraft you don’t need to pay for tournament as like Forex (demo).If you decide to begin to earn some money you can pay for tournament and try to win as like Forex (try to take pips).

Second, in the game you can not always win, you get someone who plays better then you and deafet you.

Message number two is : If you want to get to the end of the game you must have continuity wins.

In the Starcraft you can applied many strategy to win (rush,air combat ect) but only those strategies that train brings valuable positive outcome as like Forex. Forex has a lot of strategies but only strategy wich you practice, practice and practice you can bring success.

Message number three is : Try to focus on one strategy and just practice,practice,practice.When you have continuity positive results you are good gamers

The same strategy can be applied in countless ways (Remember that). This I said because everyone looking at different things.

Message number four : Each trader has their own personality, their own personal schedule, their own appetite for risk, their own pain threshold and their own bankroll.Find your personality.

The message of all messages is PROFIT+FUN=LIFE"

Very inspiratif, you can try to study this Renko method by visit http://www.forexfactory.com/showthread.php?t=203769

Thanks for visit,