Stocks, Forex and Other Money Matters

In my years of investing stocks and trading forex, I found myself trending towards fundamental analysis when investing stocks and trending strongly towards technical analysis when trading forex. I can say for myself, in my opinion, I rely on technical charts and a system to suit my forex day trading style.

I usually buy stocks and hold them long terms (2-4years) but I always day trade forex. It is like a fast cash profit machine but it is not as easy as it seems. I was greedy and got caught in the wrong direction a couple of times. I was almost wiped out if not for my trading discipline to follow my trading system to the letter.

There are many forex trading systems out there. Some are freely shared while others are closely guarded secret that only a priviledged paying few have access to.

Regardless what, a system is just a system. You will need a solid discipline and faith to execute the trade according to the system to the letter.

My personal favorite is the simple 3SMA system and currently I am testing the Rabbit Gal system.

I hope before you attempt to do live trade, prepare yourself first and stick to 1 trading system.

Happy Trading
Azlan

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