Logical Forex Chart
You have available to you, with Logical Forex, a way to
completely change and improve the way you trade forex.
I know you want to get started as quickly as possible.
That's good. But you must approach Logical Forex the
same way you would when starting anything new to you.
What may make this a bit challenging for you is...
you "dragging in" or "dragging up"
the things you already know about forex trading in general.
There is a time when that may be helpful to you...
but now is NOT that time.
If you are impatient (careful!) then you can just review
the Quick Start Checklist, which will give you specific actions to take "right now".
However, you might steal a few tricks if you read everything here.
As with anything you begin new... start with basics of what
you are learning. Learn them well. DO NOT CHANGE ANYTHING...
Don't add your own Indicators or even your own ideas
at this point. There is a time when that may be helpful to you...
but now is NOT that time.
Imagine that you are an expert guitar player. There is
no doubt you know well How Guitar Playing "Works".
But, you have decided that you now want to play the Violin.
Sure, the Violin is related
to the stringed instrument you are familiar with... but
the similarities are not so strong that you would
be able to immediately make the same quality of music with a Violin
as you can with a guitar, right?
You'll start with "the basics", and over time and as you
continue to gain experience, you will be able to "adapt"
your Violin playing to different circumstances. But... for
that to happen... for you to be able to adapt your playing
of the Violin, you MUST be somewhat of an expert. This
only comes with time and experience. So, when you are getting started,
even if you think you know or sense a similarity between
the guitar and the violin... you MUST start with the basics,
completely absorb those basics and APPLY THEM.
What you'll quickly appreciate is... after you have "made
Logical Forex YOURS"... you no longer have to think, or
predict, or over-analyze, or hesitate... THEN you can ADAPT
TO THE MARKET CONDITIONS. You will not have to adapt "the system".
Really let that sink in. It is very important. Likewise, you
can continue to use Logical Forex the same way every day
and to make more money, you increase your lot sizes WITHOUT
changing anything else!
Consistency produces a repeatable, calm,
peaceful and profitable trading outcome. And, that's what we're
set out to accomplish, and WILL accomplish with Logical Forex!
For some people, Logical Forex will immediately "become part of them"
without a great deal of effort. That will be wonderful if it happens.
And, if it does or it doesn't... YOU MUST BE COMMITTED TO YOURSELF.
Forex Holy Grail
I know how easy it is to be attracted to the Shiny Holy Grail of Trading
It's a rather sinister path most traders take. Why? Well, I guess we
are all about the same... we want a "sure thing", and
especially one where we can just "buy a sure thing winning lottery ticket"...
or even a "show me an arrow on the chart that tells me exactly
to enter and exit trades".
You're not going to find these things with Logical Forex. You're not going
to find them anywhere... at least anywhere that Truth exists. Sure,
some of these things might work for a while, but rarely for very long...
and if they DO
work for you, keep doing it! (and be ready to adjust when it stops working)
What you ARE going to find with Logical Forex is... YOU ARE IN CONTROL
of YOU... ALL of your choices... when you enter, when you exit,
how many lots to trade... and all of these choices are based on what the
Logical Forex Indicators SHOW YOU. They are, quite simply, a powerful way
to show you the Decision Points in the market... and that allows YOU
to determine what YOU want to do, and when YOU want to do it. Of course,
alongside of this... this also makes YOU completely responsible for ALL
of your actions. There is no legitimate "blame" that can be
thrust upon anybody else... or anything else... brokers, bad fills,
even the Indicators. It means that YOU must ADJUST TO MARKET CONDITIONS
and the way you are interpreting what you see IN those market conditions.
You have absolutely NO control over the market... only you! And with
the Logical Forex Indicators helping you see clearly what those
market conditions truly are, then the rest is up to YOU to see clearly
what YOUR conditions truly are... and trading (or not) accordingly.
You WILL prevail! You have the tools, the Logical Forex Indicators.
The rest is up to you... to learn them... to apply them... and
maybe most difficult and important of all... this sounds a bit odd...
to learn YOU.
So, this gives us several main areas on which we must focus
Of course, all of these are inter-related, but we can
approach them separately while "getting to know
Logical Forex and ourselves" and then
putting them all together as we progress.