Dark Secret of Forex Trading is the main post of this Fuel Forex blog. You can learn many Forex Trading Facts on this post. The reason to write this post, we need to find a good trader who never blows an account. Because we could not find any trader who never loses his first trading account yet.
After losing few accounts small retail traders do search about “top secrets on how to trade boom and crash”, secrets of successful forex traders, forex secret strategy, or Top Forex secrets to increase their profits. If you study this Dark secret of forex trading post well, You can learn the Deep and hidden secrets of Forex trading, which many retail sellers don’t do.
We do not trade stocks personally. These are not the dark secrets of the stock market. Here we are going to talk about currency trading secrets only. Let’s learn and get our tips for trade forex secrets revealed. Some of these are deep secrets of forex trading. So you must understand what are we going to expand here clearly.
More than 95% of small retail traders get to wipe their many accounts in the long run. Only 5% of traders can get profit. All short medium and long-term traders can win. What is the Dark secret of forex trading they do not tells you?
This is the real reason to find the bad truth of Currency exchange trading. We will try to explain forex trading from another angle. Then you can learn and understand this main concept and process easily.
Dark Secret of Forex Trading
This leading Guide is only for those traders who are, Beginners or losing experienced traders. Why are 95% of retail traders losing their money on the Forex market?
Are the Strategies failed?.
Accuracy is low?.
Indicators working well or not?.
Or any top forex secrets here to learn?
We do think you can get the answers to all these questions by this Post. We will try to do our best here. In our Dark secret of forex trading topic, we need to expand the Main concept of forex trading. By understanding the dark secret of forex trading, you will be able to know how to earn forex trading as any type of trader.
By end of this dark secret of forex trading post, you can get forex secret techniques as well. We are trying to expand Best forex secrets in the easiest way here.
As we mentioned above, all scalper, day, swing, and position traders can make money with forex trading and there are only 5% of traders do it. Strategies can be different. But there should be a concept which all can earn some consistent profit.
To get consistent profit what should actually they are doing? They do not trade everywhere. They need common reasons to get entries something like they should Identify the Real trend.
Money is not the most important thing. If you can trade like a good trader you have many ways to get or increase the capital to start or continue trading. This is another important and dark secret of forex trading.
Related: Ways to Get Money to Start Trading.
Strategy is the most important thing for a successful trading career. You must make a trading strategy using all common things and techniques which every profitable trader uses to trading.
So Let’s read all-important tips and the “dark secret of forex trading” to get more information about the forex market and the most important things that you must include in your trading strategy.
Forex Secret Definition for Retail Traders.
I mentioned earlier, Forex trading is the playground of the big players. Small traders only can follow institutional traders to collect some profit. Read my Beginner Guide to Forex Trading post, to learn more about this topic. I had expanded all about the things there.
Before dive deep into the forex sea, You need to know what is going on in the Forex Market.
Mainly, we do buy and sell currencies. A trader comes to the market and exchanges the money to get profit out. This is the easiest and riskiest way to make money online.
Secret Forex Tips on How it Works
Forex trading works from different angles. This is another Dark secret of forex trading. That is why it is too hard to understand the market price behavior. We do try to get profit from the market with the supply and demand concept.
The United States needs 2000+ Crude oil Barrels for a month. And they need to buy oil from Canada. The united states cannot purchase the oils, paying by united states Dollars, So, the US has to convert their United States Dollars into Canadian Dollars.
Related: General Forex Trading Facts
With this demand and supply, the Canadian currency getting Strong. In this case, we can understand. The Canadian Dollar Currency going Strong against the United States Currency. This is the reason why the Fundamental Analysis is important for all Traders.
Is Forex Trading Profitable?
Absolutely, yes. But you have to trade like a sniper. You need to trade using a killer trading strategy including proper risk management if you really need to get profit from the currency exchange trading.
Why Forex is Best for more than Stock Trading?
On the Stock market, you just can get the profit, that time the stock going upside. But on the Forex Market, you can gain a benefit where ever the market is going. It is not a matter market going up or down. You just need to see and monitor where the market is going.
Who are the Big Players in Forex market?
The market price is driven by big guys. They do buy and sell currencies in different situations. Here are some examples of big players.
- Central Banks
- Interbank Market Makers
- Forex Brokers
- Financial Institutions
- Hedge Funds
- Multinational Corporations
- High Net Worth Individuals
There are two main groups available that we can analyze trading.
- Non-Commercial traders
- Commercial traders
Non-commercial traders making the main trend. Commercial traders play in the market when Non-commercials traders don’t. The commercial traders do retrace the main trend to get profit out.
From the Sentiment Analysis, using the Cot Report post, you can get more information about these two significant Traders.
If you can understand this concept clearly, then it is easy to trade and get profit out from the forex market.
Institutional Trading Secrets of Forex?
The Institutional Forex players do Analysis Fundamentals, and technical to get an entry to trade. Also, they manipulate the market. Manipulation of the market makers is another dark secret of forex trading.
If the USA giving a higher interest rate and their inflation is low, also, the bond yield and stocks are getting healthy, then the big Players trying to invest in the USA. But they are just not enough that reason to buy the price. They need the best value for the market price.
In analyzing the Fundamentals on Forex, the market players try to find the best currency that gives them a good idea to get easy profit with low risk.
I hope you can get a simple idea about, What forex trading is.
Dark Secret of Forex Trading for Beginners. And More
If you asked me, How can I understand forex trading as a beginner? then, the most straightforward answer is The war between commercial Traders and Non-Commercial Traders.
When I started my Trading training, I thought this is a simple game that can make money, watching the computer monitor. But I was failed. Then I thought, I need to dive deep into the Forex sea.
I know you have a Question to find for a How to start to trade currencies online. Do not try to make money fast.
First Learn. Then remove "L" to earn.
Why did I say forex trading is the war between Commercial and non-commercial traders? You can learn more about that topic on the cot report under the Sentiment Analysis post. I will write another post about the big Players in Forex Market.
As a small trader, you should always follow the trend. Try to be a swing trader. Day trading is not suitable for fresh traders.
What are we doing | Forex Trading Secrets for Behave.
You must have a clear understanding of what you do. This Dark Secret of Forex Trading post helps you lot to need more how should you behave in the market. We do Purchase any currency unit in proportion to what another group is doing when we trading on the foreign exchange. Is it clear?
EUR/USD buying means we are buying Euro currency against the United States Doler. EUR/USD Selling means, we bought the United States Dollar against EURO.
This is not a Dark secret of forex trading. but this is another important concept which you must understand well.
We are doing to “buy some currency for a low price, and sell it at a high price” to get a Profit. So now you know how we need to behave as a retail trader who following the big player’s trend in the Forex market.
All retail traders are doing the same thing. Buy something for a low price and sell it for a high price to get a Profit
What are the Conditions that should do Trade Forex?
Think about your Supermarket seller. What are the conditions that the supermarket sellers should be focusing on before buying, to sell something?
- There should be a Demand.
- Can get to low Price.
things like that.
So. As retail traders, what do we need to see before buying currencies? Does that mean what we need to focus on when getting a new entry point for a trade?
Some traders use technical indicators, levels, and lines to get entry into their trade. Are all those Profitable methods?
Yes, it is profitable. But not at every time. The Dark secret of forex trading is not placing trade everywhere like a gambler. When we trade, we need to focus on what big Players do.
Just Follow Institutional traders
I think you know about four types of traders in the Forex market. It,s no matter you are a Scalper, inter-day trader, Swing trader, or Position trader. Any Traders can make money using forex trading if you are a disciplined trader.
What Small traders Should Do in the Forex Market?
My suggestion is we need to Follow the market players. That means non-Commercial Traders.
We need to do a Fundamental Analysis to just understand what market players thinking. On Cot report will tell you if the big players behave with fundamentals or not.
You have to do sentiment analysis to look at them. Also, the price chart will show you about moving the price for those reasons. Finally, after doing the Technical Analysis, You also can get a perfect entry point to your Trade.
Dark Secret of Forex Trading Successful Journey
I was starting to learn everything on the Forex market. If every four types of retail traders can earn money (short-term, medium-term, and longer-term traders), why are 95% of traders losing? There is a secret. So what is the secret?
Many traders are thinking about buying and selling currencies by analyzing Fundamental Technical and Sentiment, is Forex Trading.
Yes, but you need to add something to that thought. Before you earn money, you need to think about how you can save your Capital.
So that’s why I create a Trading Strategy to Find the Big Player’s trend and Avoid the Non-Commercials using a tight and sharp Stop loss.
Biggest Secret tips in Forex for Beginners
Every good trader needs to focus all on things correctly before we get into the trade. That means we need to use a few primary weapons to find our target. So here are those. I suggest that your trading strategy should be fulfilled with these steps to become a Successful trader in the forex market.
- Fundamental Analysis
- Sentimental Analysis
- Technical Analysis
- Money Management
- Risk Management.
You should remember this. As a small trader, you need to Looks the Major Trend that market Makers (Non-Commercial traders) make the trade. Also, we need to avoid a deal that Market Player’s (Commercial Trader’s) retracement.
If cardinal direction going to change with the sentiment, and then if you can get sentiment-friendly technical entry, you can avoid many losing trades.
What do you think? This is Hard to do?
Don't overcomplicate your trading. Keep it simple.
Secrets of successful forex traders.
We are not talking about big players here. Every small trader does use some techniques to become successful in forex.
- Having a good strategy
- Track every trade
- Patient is key
- Control emotion
- Enter at the right point
- Do not close too early
- Use a good risk-reward ratio
- Just collect pips
- exit at the right time
If you need to be a good trader, then you have to follow all these techniques. Try to make a good trading strategy by following our best steps.
A trading journal is the best way to become a disciplined trader. Track your every trade using a trading journal. You can use an Excel sheet, notebook, or anything similar for a table chart.
After analyzing the market completely, you have to wait for a good price level to get your new entry point. You have to be patient if you really need the best price.
In our Fuel Forex Trading Strategy, we do use the Death zone in currency to get a Trading Position. The death zone is the best Zone that market players get into the trade.
Many traders lose their emotions after losing few trades. they do try to change their game plan.
If your Strategy is good Why Don't you Belive it.
We mentioned earlier in this post, that market price moves with the supply and demand concept. You can use Support and resistance levels using Verticle lines and moving averages to understand the supply zones in technical Analysis.
We do advise our clients to take at least a 1:1.5 risk-reward ratio per trade. The accuracy of the trading strategy must be above 50%.
Another big mistake is closing too early. Small traders like to collect pips. But they close their trading position for few pips. Never do that. Wait till the market price touching your exit point. We suggest you never close your trade without a fair reason.
If you closed your trade early, comment on the reason in the trading journal. It will help you to recorrect your mistakes as well.
Just collect pips. not money. Small trades trying to get quick profit from the trading by using the worst management techniques.
Forex Trading is not a Quick Rich Program.
It is not important to win every trade. Do not find 100% accurate Forex trading systems. Try to grow your account with consistent profit.
Dark Secret of forex trading PDF Free Download.
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Final Note of Dark Secret of Forex Trading.
Just Fundamental and technical is enough for small traders. Swing trading is the easiest trading technique for a beginner. Try to understand which player trades on which swing using Sentiment Analysis.
So, let’s read about step by step all these things from upcoming blog posts. Stay alert with our blog.
The Comment Section is always open for you. Give me some feedback about this blog and post.
Send me your questions as a comment.
Thanks For Coming.
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