Forex Black Book Module Four-Common Sense Trading
Forex Black Book could just leave you hanging with the software where you could would blindly follow the color bands, the arrows, and the targets. But there really are some extra tips and tricks that will help you boost your profits.
Here in Module 4, Trading with the Black Book Indicator, you will be provided you some of the key trading rules used, so you can understand how to use this powerful indicator in the most effective and profitable way. That means you’ll take only the very best trade signals, instead of just blindly taking every one of them.
After reviewing this module, you’ll be able to note the signals, use some common sense, factor in some basic support and resistance points, and then execute the trades that have the greatest probability of being big winners.
So the bottom line is, while other systems are complicated and require dozens of trade indicators, confusing you into indecision, Forex Black Book system is extremely simple to understand and follow. You simply look at the trade signals, use a little common sense, and you can be in and out with some good profits.
And so finally, we come to . . .
Forex Black Book Module 5 – Personal Trading Plan
I believe this is one of the most important modules of the entire program. That’s because the key to any successful trading is the money management that goes behind it.If you have the right money management, you can take a strategy that is successful only 10% of the time and still be profitable.
On the other hand, you could have a strategy that is successful 70% of the time, and if your money management approach is not well thought out, you can end up losing money all the time.
So what Dustin has done is to create a blueprint, an outline, for how to set up a personal trading plan. This is what most traders lack when it comes to any strategy.
And the best part is that this trading plan can be applied to any strategy that you are currently using . . . Not just this strategy.
By using these strategies, your financial results should no longer be an issue.