Here s Five tips to make money fast trading Forex!

Here we are going to assume you know how to trade, and have a methodology for Forex trading you are happy with, and can apply with some discipline.

What we are going to show you here, is how you can change your system from making average gains, to making spectacular gains, with simple changes in trade selection, money management, and mindset.

Forex trading offers you he opportunity to make money fast so lets see how it can be done.

1) Accept Volatility and Risk Cheerfully...

All good Forex trading systems incorporate volatility.

You simply can t have a profitable Forex trading method without taking some calculated risks, and taking losses if you can’t accept risk, then don’t trade!

Many traders shy away from a market because it’s just too risky however, risk also means reward! If you are a trader who doesn’t like volatility, then go find something else to do.

Drawdowns are part of trading; it’s volatile markets that make FOREX trading fun and highly profitable so get used to it.

To the well informed Forex trader, a drawdown is not something to fear, but something to enjoy.

Remember: volatility equals big opportunity!

2) Trade Infrequently...

Many traders trade frequently and always like to be in the market. They think that in Forex trading if they are not in the market, they will miss a move, or that by trading more frequently, they will make money wrong!

The big moves in Forex trading, with the best risk to reward, come a few times a year, and you should trade infrequently.


Focus on trades that make you the really big gains!

3) Don’t Diversify...

Diversification is an accepted wisdom, believed by most investors in Forex trading, but it won’t make you money fast. In fact, it will do the exact opposite.

4) Money Management...

So far, you may think that we are being a little rash, but that s not the case.

We are focusing on the BIG opportunities that allow us to make meaningful gains, and this is actually, where money management becomes so important.

If you are taking risk, you need to control it risk as much as 10 per trade, but increase your chances of success by:

A. Buying options at or in the money, to give you staying power and prevent yourself from getting stopped out.

Many traders lose, not because they were wrong in market direction, but were stopped out by a volatile counter move, and options will give you staying power.

B. Most traders start trailing their stops to close, then they get stopped out – but the trade runs on to make spectacular gains. Don’t fall into this trap keep your stop in its original position until the move is well in profit, before moving it up.

You want to make money fast, and you’re trading selectively, so have the guts to go for a trade when it looks good and milk it for all it’s worth.

5) Understand the awesome Power of Compound Growth...

IN Forex trading the way to make money fast, is to understand the power of compound growth. For example, if you target 50 a year in your trading, you can grow an initial $20,000 account, to over a million dollars, in under 10 years.

Happy trading!