Forex Trading is all about patience and let your money tree grow

Every passionate Forex trader, who is passionate about its trading use to love its trading and at time he hates it as well. Let me be clear about that concept because trading is the most complicated thing that need to be as simple as it could be. By that I means that use of Indicator, use of excess knowledge, outsmart and disrespect senior traders is meant only to complicate things in your mind and also putting questions again up to you about that anything can go wrong by the word of mouth.

lets face the dark side of Forex trading which is there that it is not a get money Fast or get money quickly with the blink of an eye. There isn't any such things exists ever and those who claims is the only one who sell robots and selling such get rich quick schemes.

Investment should be based on long term

May be there are traders, who claims to make money daily or loosing daily, You never know but those who comes out with evidence that they make big money daily should be ignored as those systems and strategy might not suit everybody or you stress out more that you ever experience before. The truth of the fact is very bitter that If you are trying to make money quickly, no matter how smart you thing and how successful you have been, you will lose in the long run and If you are an exception to the rule than I wish you keep carrying on making money on daily basis and your luck never runs out.

However, for everyone else there is risk involves everytime for day trading. IF you get beat up and lose a fortune, never try for revenge trade to make up for your loses! Take a break from trading, have some rest and collect all pieces of puzzle again and re-think the strategies and then try again. For me, demo trading again for 6-12 months is much better options and Even If you want to trade real then $100 is again good to start and involve interest atleast even with micro lots, but it all depends on what you are comfortable with.
Also Read:- Why Candlesticks often used as stop Hunting by Strong Money holders

Silver Trading Strategy

I have been tracking silver since past few months, and there are times when it completely bullish and out of nowwhere price get headwinds and push after a break against the trend is quite vulnerable as it was with the trend. I would put up thoughts of how to trade silver in the weeks to come as I am eyeing a break of 17.10 area again and test of 16.40 will make sure that a top is finally placed but it completely based on how price action unfolds and during NFP weeks it could be deadly volatile and its dangerous to maintain balance with the Silver Future .

Chart would posted if we see a break of 17.40 area to see if price get pump up again and see the new bears attack the area of 16.40 area and opportunity would be tremendous again for a strong push downwards but so far it could be a test of previous high where price show decent reversal.