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Timely Advice from a Pro Trader

Thu, Jul 2 2009, 12:24 GMT
by Forex Journal's Collaborators

The Forex Journal


This article is taken from the Forex Journal (May 2009 issue)

The author, Johan Kriek, started his trading career when he was just nineteen years old. After finishing school, Johan studied Computer Engineering and started to work for Forex Trader South Africa as an IT specialist.

Within one year, Johan advanced from IT Specialist to lecturing and conducting seminars

Gradually, Johan became an FX Specialist and conducted various courses in South Africa for Forex Worldwide Training and Support.

From here on, Johan never looked back. He studied Investment Management and Portfolio Analysis at the University of South Africa and for the past four years, he has been trading the FX Futures market for a living with his business partner Mr. Rudy Nel.

  • Johan Kriek offers advice to traders about how to move from the losing side of trading to the winning side. The solution is in your psychology.

Have you ever felt like you have experienced the following situation:

"Every time I place a trade, the market moves in the opposite direction!!"

In the Live Trading Room, we sometimes joke that someone must place a trade in the opposite direction so that the market can move in favor of the rest of us.

I have done some research on this great misconception and many traders really feel this way (even if they do not want to admit it).

_______________

Other Article in this Issue:

Using swing breakouts in forex trading

Published on  Thu, Jul 2 2009, 12:24 GMT

DPR International Pte Ltd  | One Raffles Place, OUB Centre #18-01, Singapore 048616
http://www.forexjournal.com/ | editor@forexjournal.com

Legal disclaimer and risk disclosure

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the authors and the publisher are not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought. In commodity trading, as in stock, and mutual fund trading, there can be no assurance of profit. Losses can and do occur. As with any investment, you should carefully consider your suitability to trade and your ability to bear the financial risk of losing your entire investment. It should not be assured that the methods, techniques, or indicators presented in this magazine will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples in this magazine are for educational purposes only. This is not a solicitation for any order to buy and sell. The information contained herein has been obtained from sources believed to be reliable, but cannot be guaranteed as to accuracy of completeness, and is subject to change without notice. The risk of using any trading method rests with the user.

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