Forex Systems And Their Time Frames

 

The issues with learning a forex system are:

1. It may look good on paper, but when you actually paper trade it to learn it, you realise that you don't know what to do in over 10 different situations! So it's time to find out the answer. No excuses, you've got ot learn the system properly or you could be trading a not very successful system!

2. You need a lot of practice. When the candles tick over every 5 minutes, it's faster than you think because if you're new to recognizing a set up, you have to think and this could take minutes, by which time guess what...? Another candle has come up and you have to think again.

3. You have to have no distractions because the 3 hours you're concentrating. So you have to treat it as learning time and when you have questions, as I said, ou have to get the answer.

Note:

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