Summa Cum Laude, School of Hard Knocks

I started educating myself with trading in October of 2004. I started out learning about the stock market and stock options through Investools. It was mostly based on technical analysis of yearly charts. Their search engines were incredible and I did very well choosing profitable options.

In April of 2007 I started working on creating a trading strategy for Forex. The strategy I used for options trading did not work effectively in Forex. I believe this is mostly because the volatility is much greater in Forex and you would need alot of money to trade it off yearly charts.

So began a pursuit to match indicators and create a consistent and reliable strategy for the Forex market. I have spent thousands of hours analyzing hundreds of indicators, expert advisors, and strategies. I have been involved with several Forex forums and receive emails daily from a number of self-proclaimed trading experts.

Why should you bother reading my posts? If you have any interest at all of making money trading, then it is worth your time. Unlike the vast majority of Forex "traders", I am not a marketer, nor an investor. I am a trader. Marketers are more interested in selling you their garbage without any real proof it works. Occasionally you get "some" kind of proof, but if you look real close they are either scalping for a few pips per trade and jacking up the lot value to make it look incredible, or they are posting losses along with the earnings to make it seem more realistic. Sometimes I add up those numbers, and I would encourage you to do it, just for fun, and to help you open your eyes to the garbage. They never add up. Even if they did add up, I don't know why anyone would accept so many losses??

Then you have the other group of institutional traders and supposed hedge fund managers. You will recognize these guys cause they will try to sell you strategies to trade 4HR, Daily, or even Weekly charts. Hmm...are you already rich?? You are going to need to be. These guys are completely out of touch with retail traders and should basically be ignored. These are the guys that say losses are alright as long as you control your money management. In other words, predetermine how much money you are willing to lose before you place the trade and be prepared to actually lose it.

Any of this sound familiar? If not, it will soon if you continue to dig for more and more input. I got an email just today with the sender telling me about this "holy grail" system and to listen to the voice of the guy on the video as he explains "just a normal" trade. Hmm. First of all, I don't know who ever decided to call a good trading system a holy grail. From this moment on, I will refer to it as a flying pig:) I do not think we need to associate Jesus to trading, though I would guess many people pray to Him for success:) Second, I compared my system's trades to the flying pig system's trades and I made twice as many pips. So, what would that make my system called? I just call it lfx:)