FOREX TRADING BLOG 071 - Turn A Thought Into A Trade

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Analyzing the markets is all about making predictions. We see something occur on a price chart that allows us to think that something else will occur next. At its base level it doesn't seem that hard does it? The difficult part comes in transforming those thoughts into a rules-based trading strategy that is testable, verifiable and repeatable. Why is this necessarily you may ask? Because consistent profits come from consistent execution and consistent execution comes from having specific rules on how to do so.

What we do each day in our Live Trading Rooms is work with traders that have good ideas and work with them to develop rules for those ideas.

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Akil Stokes
Currency Analyst & Trading Coach
Trade Empowered – Empowering Traders Worldwide
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Duration: 7 Minutes 42 seconds
Definition: HD
Published: 11 month ago
Uploader: Akil Stokes
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