This article is taken from the Forex Journal, a special edition by Trader’s Journal magazine in Nov 2007.
The author is Kevin Davey, who finished in 1st place in a worldwide futures trading contest in 2006, with a 107% return. In addition, he finished in 2nd place in a worldwide futures trading contest in 2005, with a 148% return.
- Would you rather be a ‘shark’ or a ‘minnow?’ Kevin Davey shares what needs to be done to survive and thrive as a ‘minnow’ in the Forex ocean:
I must be an idiot. You know – the kind of person who drives the wrong way on a one-way street. Someone who pushes a door to open it, rather than pulling the handle like the sign says. A plain old idiot – why do I put myself in this class? Simple – the Forex market.
I never realized the Forex market was as easy as following some color-coded signals, clicking the mouse and counting the profits. All these years I could have been making huge amounts of money – so easily a child could have done it. I should stop being an idiot and just attend that free Forex seminar that is conveniently being held at a local hotel, and learn all about what I have been missing.
Other related articles:
- FX Markets get even more Attractive By Darrell Jobman
- How to Trade Forex using Fibonacci Price Relationships by Carolyn Boroden
- 3 Peaks and a Domed House by Larry Pesavento
- Three Steps To Short-Term Trading Success by Toni Turner
- Price and Time by Andy Bushak
- Using Non-Time Based Charts for Short-Term Forex Trading by Dr. John Clayburg
- Trading for Revenge: Control It or It Will Control You by Dr. Doug Hirschhorn
- Critical Forex Trader Decisions by Daniel Gramza
- Stop Hunting with the Big Players by Boris Schlossberg
- Ranking Forex Markets by Ron Schelling
- The Globalization of Currency Trading by Dar Wong
- What You Don’t Know Can Hurt You by Ed Ponsi
- The Foreign Exchange Market by Peter Pontikis