I have been involved in Currency Market for two years and was fortunate enough to have had a lot of free time in my first year to examine. nigeriaforextradingwas my main source of advice although I read novels. I did little trading and spent most of my first year. Good thing too. I dropped about 30% of my account just trading occassionally.

For the most part, I looked at virtually all the systems onnigeriaforextradingand backtested those who may be backtested. After looking at so many systems I began to see how stop losses, trailing stops and take profits affected the profitability of a system. Slowly, I started forming my own system which:
1. Was based on probabilities
2. Could be tested for many years
3. Encompassed tens of thousands of test trades
4. Worked in all sorts of markets

consequently, through perserverence and imagination, I have been able to trade profitably in 2007 using a system which has a 54% gain percentage. It is not very exciting but I have a lot of confidence in it.

During my first year, I spent a few hours a day, everyday, learning Currency Market. It takes an incredible amount of time to acquire any view. I would have never made it forum.