We have seen that forex trading is not easy especially if you don’t have a good forex mentor ,good money management or even overtrade your forex account. In short if you don’t know how to choose your forex system , you might get the best forex system in the world but somehow it just does not work for you. You need a great forex mentor too as there are some forex traders who can not learn by themselves and might need to see other traders doing well before they have enough confidence to trade by themselves.

One of the things I always encourage new traders is to either find a group of fellow minded traders or go the way of just getting a good forex mentor. There a few forex traders who are willing to do this. However in many forex forums you will hear people complaining that getting a forex mentor is a waste of money. My question is always to them ,which is better, to lose your trading capital to your broker? or to pay for a forex education? I have done both and I believe getting a forex mentor is something I should have done from the first day I started trading.

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Someone needs to stop to Boston Red Sox. I’m just kidding. But seriously someone out there who does not live or support a team in boston needs to really think seriously of outsourcing guys from red sox nation. I am so excited tonight.

After watching the Patriots manhandle the Washington Redskins at foxborough, I am now at home to watch the Red Sox really crash the other team they are playing against. I really can’t remember their name.I have to say, this is a great year to be a Bostonian. I really have not seen a team like the Patriots ,though to be honest I have a soft spot for the Indiana colts.

This week I got a few emails and though I did not want to post today as I want to watch the red sox beating the rockies,but I just can not help myself.

I was asked what is the worst indicator in forex trading.

It was a hard question but to be honest , all indicators are useful to a point and all indicators work if you are looking for something in particular. If you are a trader, you must be looking for something in particular. Let me give you an example, I am a man and I have been told that women love good things.However I learnt not all women love roses. Some love red roses others white roses. If I want to be hated by a woman , get her a rose or flower she does not like.If you want to be broke , then get a trading indicator at the wrong time.

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