I want to share with you some of the things I think are the most important skills of successful forex trading. This is a large market, with a lot of money moving around each day. If you have the proper skills, you can have some of that money and continue to earn more of it. You need to have these skills I'm about to present to you.
I think one of the most important skills is street skills. It seems like an odd thing to place in the forex business, but there is always these naive people that buy into the stupidest ideas and it can really get annoying. You're going to hear strategies and skills from anyone and everyone. The problem with that is you can't tell if they're just regurgitating some marketing psychology or giving you real information. I've always had a knack for picking up on this stuff, but I've mentored people that were extremely naive. They'd come talk to me one day and explain how they learned this new, easy, million dollar strategy for making big money. I look at them and shake my head. Have a little street smarts.
When it comes to the actual process of doing forex, you need to have skills in candlestick graphs. There is just no way around it. You will view every single currency as a candlestick graph because it looks the cleanest and contains the most information. If you get a proper informational book, it can teach you the fundamentals of candlestick graphs.
Forex Candlesticks Made Easy is probably about the best book on the market. I've learned so much from this book. The best part is that it isn't about memorizing techniques. It is about learning the fundamentals of how everything works, so you can instantly look at any graph and quickly figure out what is going to happen.
Check out Forex Candlesticks Made Easy .