Readers will know that our chosen trade method is day trading a currency pairing.
People that are not familiar with how we go about our business will think ‘gosh, that’s risky’. And of course to a large extent they are right.
As with many disciplines that require a great deal of skill and practise (to simply achieve mediocrity) it comes across as risky because most don’t take the time and effort to learn.
Ironically a principle draw for us to day-trading is the control of risk.
Our e-book on the subject to be released within the first quarter of next year shows, we think, in some detail how this is possible.
Day trading, if done well and with practise, can provide a consistent daily or weekly return. So unlike other more traditional trade or investment methods.
With all worthwhile disciplines it does not come to us over night.
As Seth Godin said:
“The hard part is ‘steady.’
Anyone can go slow. It takes a special kind of commitment to do it steadily, drip after drip, until you get to where you’re going.”