A beginner who wants to have forex trading made easy for them will probably try to go ahead and trade with the first system that they find. They may not understand how it works and they may never have tested it for themselves. This is a mistake and usually results in a loss.
It is vital to take the laws of statistics into account and realize that even the best trading systems sometimes have a run of losses. You need to allow for the bad times by keeping your risk low. With a higher risk, a bad run can wipe out your funds.
It is also necessary to follow the system completely in order to figure out how to make money with forex. It is tempting to change a few details, either to save time or because they seem too complicated, but you must not do this.
Wrote my personal experience while trading under
alpari.com