Profit Guide to Forex
Forex Profit Systems

How can I be benefited from forex manual trading system?

Please help.

Public Comments

1. Well a manual trading system that relies on you, the trader to make most of the decisions can be more flexible as you can potentially interpret the market correctly, like when it is trending, or ranging, or about to breakout.

With an automated system, you have a forex robot do the work for you. But you have no idea how it generates the trading signals. You are in the dark. It could work one week, and fail miserably the next week.

2. A manual trading system is challenging. To benefit from one, find out the answers to these questions:

1. When should you trade?
2. What should be the time frame?
3. What is your primary price?
4. What can you learn from the chart?
5. How much will you take risk?
6. What is your target profit?