Monday, 27 October 2014

Top Forex Resources

Many traders ask me what Forex Resources they should keep an eye on.  While this is really personal preference, my belief is to keep it simple.

Sure, you can sign up for newsletters, webinars, magazines, and get active in forums and social Forex sites, BUT will it really improve your trading?   Seriously.... if you rely on others then you are not self sufficient.  Worse yet, you are prone to become inundated with too much data.  Analysis Paralysis.

Sure, there are many experts out there giving brilliant analysis... or are they?   Lets face it, it's always easy to review the market after the fact.

The only resources that a good trader really needs it the Forex Factory Economic Calendar and his brain.

So do yourself a favor and get rid of any so called "resources" that are nothing but clutter and noise.