A Trading Post Blog
Commentary on Trading Post and the Online Trading Industry

Nov 23 2007

Not Your Ordinary Trading System


The demise of many traders is that they continue to look for something that is EASY. I like statistics, and know that for the most part good traders do not fall onto a specific "systems" and become even modestly profitable traders.

It takes effort, commitment, and discipline. The problem is, especially with Forex trading, there are so MANY options out there. Is it humanly possible to jump from one to another to another and be successful? Or is it possible to latch onto one or two that look promising and try to make it work? In the end it's almost always disappointing.

What sets the foundation for disappointment is that traders often don't even understand the basic principles of trading before launching themselves into a specific system.

With that said, I have been following the following trading philosophy or system since April 11, 2007 when the trading journal started being posted on FX Street. I personally know the brains behind the system, although out of respect I will not disclose anything more than what this is. There is something tremendous that can be said about the years of work that has gone into forming what this has evolved into.

Take a look for yourself at the Low Risk/High Reward Trading System. Share your thoughts. This system will be something that will become more prominent as its evolution continues. Bookmark it, follow it. In just over six months there have been over 100,000 views of this specific Trading Journal. I haven't been through all Forex forums, but you'd be hard pressed to find any threads that have attracted more attention in such a short span.

I will also share some good Forex blogs I've come across in the coming weeks, and some of the the FX Street ones are excellent.

One nagging thing for me, and perhaps it is a Firefox issue is that the following error show up for me with each page I visit in the FX Street forum. It is driving me insane.

Advertisement

Trackbacks


No Trackbacks

Comments

Display comments as (Linear | Threaded)

No comments

Add Comment

(Required)
(Your email will not be published)

Legend
*word* = word
_word_ = word
Smilies like :-) and ;-) are converted to emoticons.
Pavatar/Gravatar/Favatar/MyBlogLog author images supported.
BBCode format allowed
 
Submitted comments will be subject to moderation before being displayed.
 

Quick Search

Recent comments

Peter Morrison about Forex Broker Rebates Unleashed
11/21/2008 02:07 AM
*Samuel, I do appreciate tha t, thank you, and I would like to take that offer up to inte ract with a trading coac [...]


Samuel about Forex Broker Rebates Unleashed
11/21/2008 01:46 AM
*Peter ... It's a great questio n. It's anything that helps tr aders ... charts, chatrooms, s ystems ... whatever a tr [...]


Peter Morrison about Forex Broker Rebates Unleashed
11/20/2008 11:35 PM
*I forgot to mention this also in the last post: Have any of you got thoughts on the EUR /USD at the moment. I am [...]


Peter Morrison about Forex Broker Rebates Unleashed
11/20/2008 11:33 PM
*Samuel, What other tools wo uld you propose as in your pos t above?


Samuel about Forex Broker Rebates Unleashed
11/20/2008 11:04 PM
*The dialogue that takes place is extremely important to me a nd healthy for the industry. D ustin's post is very luc [...]


Sam's Book List

MyBlogLog

Calendar

Back November '08 Forward
Sun Mon Tue Wed Thu Fri Sat
            1
2 3 8
9 10 11 12 13
16 18 19 21 22
23 24 25 26 27 28 29
30            

Services We Use

iContact

Basecamp

Firefox 3

Get Jim Cramer's stock picks and best selling book for free.