79.5% Per Year Interest On Your Money

............is the return you would make if you were able to grow your FX account by 5% a month. That is by no means impossible, infact its very possible. It equates to this.

That's right, an average of 25 NET pips per day would grow an account from $100,000.00 to $179,560.00 in 12 months using only 1XMARGIN , cash in other words. You would only need your margin if you chose to be in more than 1 trade at a time. That's 125 NET pips per week......that can easily be accomplished with as little as 1 correctly researched and prepared for trade.

So why do so many traders lose money, In our opinon its all about patience. Waiting for the right setup on the right pair at the right time. Preparation is so important in forex trading, but is probably the least talked about subject.

Look for signals, no matter how long or short your chart time frame is, that have a very high percentages of being correct and real, not "ghosts" or false signals and stick to those signals. Be picky, people think there are only 2 position you can have in any market, long or short. But there is a third........the sidelines, not in the market at all, a time to prepare for the next great trading opportunity you can find.

Preparation, a subject for many posts to come.