A long trade was entered into the USDCAD on the 20th of October 2008, using the Trend Trading Strategy contained within the 10 Minute Forex Wealth Builder Trading System.
10 Min Forex Wealth Builder -> USDCAD Trend Trade
It can be quite hard to believe that trading profitably can be so simple. That’s a major perception problem that lots of new traders get when first learning about trading…
I know, because earlier in my trading career, I had the impression and belief that the more sophisticated a system was, the better it would be in terms of profits. To tell the truth, it took quite a while for me to get rid of that unproductive trading belief!
But when you finally realize that bells and whistles don’t necessarily equate to profits, you’ll start on the process of simplifying your trading strategies and rules to the basics as much as possible. It’s exactly like how Albert Einstein puts it:
“Make Everything As Simple As Possible, But Not Any Simpler.”
There requires a balance between sophistication and simplicity, because going to the extremes either way can be very counter-productive.
That’s why the 10 Min Forex Wealth Builder manages to find a balance between simplicity and complexity, and with a little bit of patience and discipline, you’ll find that you can build your account pretty quickly over a short period of time!
The USDCAD Trade
The trade was exited for +344 pips over 2-3 days, without really having to do anything!
Capturing +344 pips in the USDCAD
If you have a couple of trades like this and they go on an extended trend, you can be pretty sure that your account will grow pretty quickly… and sometimes it’s a lot faster than you might believe!
Trading End of Day With The 10 Min Forex Wealth Builder
Trading the forex markets doesn’t have to be as time-consuming as you may have been led to believe. With the right strategies and systems, it really can take as little as 10 minutes a day or less.
The 10 Min Forex Wealth Builder isn’t a day trading system, although you can adapt the same rules to the 4 hour charts. It’s designed to provide the forex trader a simple system that requires little management, and to be able to step away from the markets until the trade either gets stopped out or hits the profit targets.
A system like this, in my books, is something valuable if you want, or need, to have a life away from the markets.
And growing your account can be a lot faster than you realize… $10,000 to $15,000 in 5 months? You may even average 100% a year or more, taking less than 10 minutes a day!
If this is what you’re looking for, you can find out more about the 10 Minute Forex Wealth Builder.