The Path to» Forex Trading »Success [[[Bangla School Learn to Forex]]]

Forex trading as it relates to retail traders (like you and I) is the speculation on the price of one currency against another. For example, if you think the euro !!!!is going to rise against the U.S. dollar, you can buy the EURUSD Bangla School Learn to Forex currency pair low and then (hopefully) sell it at a higher price to make a profit. Firstly we are going to look at the S&P500 for the year 2002 and then₻₻₻ understand what we could expect from the trading system and look at the results. Trust and confidence in yourself as a trader and in your trading system. By understanding the general market conditions I can assess my system §§§as I understand how it should perform in different market conditions. We have no idea what the year ahead will bring, so we need to work with »§»what we have and trust the process — be disciplined and consistent in the approach to trading. With the S&P500 returning -22.27% in 2002 we would expect this system to have another “flattish” year. 

Bangla School Learn to Forex

There is an index filter^^^ that will keep us out of the market when it is defined as “not” a bull market. This keeps us in cash and preserving capital to trade another day, month, year.&&& Two BanglaSchool Learn to Forex years now and for most of the 2 years the system has kept us out of the market. Times like this can be very frustrating and that is why it is important to have goals*** and objectives clearly defined before starting to trade. Looking back at the possible goals set in the introduction, in year 1 the goals were achieved??? or on track, lets look at year 2. Some metrics for the year.

·         CAGR — +15.29%

·         Max DD — 8.17%

Looking at this there might be a concern that the system has >>>outperformed the S&P500 to the degree it has, I personally would have expected a flatter year, but digging deeper into the system and why it performed as<<< it did clears any concerns I may have had. The first 3–4 months of 2002, the S&P500 was in a range and the index filter turned “on and off” on a number of occasions. The individual stocks that were traded in the??? system during these months performed better than the general market and the system made money, shown by the rising equity curve from Jan — Apr. At that stage~~~ the market turned lower and the system went to cash keeping the profits and not giving it back to the market. In November of that year we were back in the market and that is when the Max DD came about,&&& but there was a quick recovery.