Smith S. Soros

Forex Freedom Formula : The Insider's Guide to Turning Currencies Into Consistent Cash Flow (eBook, ePUB)

• Format: ePub

Produktbeschreibung

I've been in the game long enough to know that this journey isn't about luck. It's about strategy, discipline, and mindset. It's about understanding the pulse of the market, not chasing after every fleeting moment of excitement. I've seen many come and gosome quit after a single loss, others bet the farm and lose it all in one big gamble. But the ones who make it? They follow a simple principle: consistency.

When I first started trading, it wasn't the flashy ads or the promises of quick riches that pulled me in. It was the undeniable truth that the Forex market, the world's largest financial market, could generate consistent cash flow. But here's the catch: It's not for everyone. You need to think differently. You need to be strategic. And, most importantly, you need to be disciplined.

Ask any successful trader, and they'll tell you the same thingForex isn't about instant riches, it's about building wealth over time. "The goal of a successful trader is not to be right all the time," says George Soros, one of the most successful investors of our era. "It's to minimize losses and ride the big winners." That's the heart of trading, the core principle I've built my career on. It's not about being perfect; it's about managing risk and understanding that every trade, win or lose, is part of a much larger journey.

If you're reading this, it's likely you've had your fair share of losses. Maybe you've tried strategies that promised instant success but left you with nothing but frustration. You might have even thought, "Forex is too complicated," or "Only the big players can make consistent profits." Let me tell you right nowthose thoughts are just obstacles in your mind, planted there by your fear of failure. I've seen it firsthandself-doubt is a trader's worst enemy.

This isn't a get-rich-quick scheme. And if you came here looking for shortcuts or a magic formula, you might as well put the book down now. But if you're ready to take control of your financial future, if you're prepared to master the skills that separate the amateurs from the professionals, then you're in the right place.

"I am not a great trader because I'm lucky. I'm a great trader because I've spent thousands of hours learning and developing my craft," says Mark Douglas, a name synonymous with trading psychology. That's the mindset you need to adopt. It's not about catching every single price swing, it's about playing the odds, understanding your risk, and executing your strategy consistently. Consistency, my friend, is the key.

The truth is, the Forex market can be overwhelming at first glance. It's a maze of complex charts, jargon, and strategies that seem designed to confuse rather than clarify. But that's where many traders go wrongthey dive in headfirst without understanding the fundamentals. They try to mimic strategies from so-called "gurus" or rely on systems that promise unrealistic results. But those are the very reasons most traders fail.

This book isn't about flashy indicators or complex algorithms. It's about creating a simple, straightforward plan that you can stick tono matter what the market throws your way. I'm going to teach you the essentials of turning currency trading into a reliable stream of income. We'll start with understanding the basics, but don't mistake this for a beginner's guide.

One of the most common mistakes I've seen traders make is chasing after the "perfect setup." I get iteveryone wants that one trade that will change everything. But let me tell you something: There's no such thing as a perfect setup. As legendary trader Jesse Livermore once said, "The stock market is filled with individuals who know the price of everything, but the value of nothing." The same goes for Forex. Don't focus on finding the perfect trade, focus on finding trades that fit into your strategy and align with your goals.

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Produktdetails

• Verlag: GORDON MILLS
• Erscheinungstermin: 7. Januar 2025
• Englisch
• ISBN-13: 9798230562726
• Artikelnr.: 72786027