This article reviews http://www.learntotradethemarket.com/forex-articles/kiss-keep-it-simple-stupid-forex-trading-method by Nial Fuller who helps you Learn To Trade Price Action.
K.I.S.S. stands for Keep It Simple Stupid. This is important in Forex trading as it is to anything you do. Keeping it simple in your Forex trading actions means making them up of simple actions, from the way you think about the price movement to the way you make your trades.
Nial say’s that we tend to complicate things and the purity of simplicity is the most often over-looked and his article will help you to understand why traders tend to over-complicate Forex trading and the best way that you can work to use the power of simplicity to your advantage.
The Truth About Forex Trading
He starts by exploring how most traders think that by trying enough trading systems, they will hit upon that one that is their automatic ticket to profit and is what causes many traders to blow out their accounts time and time again and be filled with frustration and confusion. There is nothing systematic in the forex market; the market is not a static beast that can be tamed through a black box mechanical system. It is a volatile thing, driven off of human emotion; fear and confidence, and ego and panic.
Nial’s point is that by learning to read price action on a raw “naked” price chart, you learn the art and skill at the same time. And that learning the art and skill of price pattern recognition gives you a perspective and not a system. This market perspective is what you should be considere a trading “method”. A trading method provides you with a way to make sense of daily market movement, whether the market is trending or consolidating, where as a trading system is a strict set of rules that allow for no degree of human discretion.
Author Bio: Nial Fuller is considered a leading ‘Authority’ on Price Action Forex trading strategies. If you want to learn more about harnessing the power and simplicity of Price Action Trading Strategies please visit Nial Fuller’s Forex Trading Course & Traders Community Page Here. Nial’s Students get lifetime access to all of his advanced price action Forex Courses, video lessons, webinar tutorials, daily trade setups newsletter, live trade setups discussion forum, traders support line & free ongoing course updates. For more information visit the Forex Course page here.
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