I Am A Forex Trader Not a Gambler however in my early trading days that was not always the case.

I Am A Forex Trader Not a Gambler Marc Walton forex traderIn the short video below, I show two very good examples of what happens if you break your Forex trading rules.

If you trade through big news announcements then you are gambling NOT trading.

I MAY have been lucky with the Chf short.

It was one of my “spookily accurate” almost to the pip entries.

However, I needed to catch a bus from Portugal to Spain (old working-class habits 🙂 which meant I was not around to even try to manage the trade.

The second trade was a GBP news trade. I had explained on Tuesday when the inflation news saw a rise which was not expected. I said in that video that there was a good chance that the Bank of England would raise rates by more than expected. See the video in that post, I was even “spookily accurate” on the fundamentals that time 🙂 …….

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I Am A Forex Trader Not a Gambler

I recorded the news amount “live. I explained how it was likely to be a wild move and why. Also, how even if I had picked the right direction it would probably go against me.

How spreads can widen during news. The big question then is could I have won by jumping in after the price set off moving up? I show in the following video that “there is a good chance it could just as easily swing back down 40 or 50 pips” So what happened next?

I have posted this on Youtube as we are trying to help spread the word for Forex Mentor Pro. If you haven’t done so please like share and subscribe to my channel, that would be very helpful 🙂

regards

Marc Walton

I Am A Forex Trader Not a Gambler