I remember the first time I started trading. I was still in my early 20s then, when I first heard about this great way of making money. It cost me $5,000 to attend a seminar, and it came together with 1 year’s subscription for a scanning tool. And amazingly, do you know how much money [...]

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Can anyone really trade the Forex market for a Living?

I wish there was a straightforward and simple answer, but rRealistically, there isn’t. There are people who do make enough profits from trading the financial markets to make it their full time career. These full-time traders are able to make money from the Forex, Stock and [...]

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It’s not easy to find a fully automated forex trading system that has potential. Usually it takes higher risk to get higher returns, and some systems go through tremendous levels of drawdown just to get decent returns.

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When you’re crafting a trading plan, it has to take into account what you are doing, what you want to be doing, and what your goals are as a trader.

For example, because I trade more than one system at a time, I

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I recently purchased the KISS Automated Forex Trading system because it promises to keep forex trading simple. The fact that it requires no indicators and can be traded automatically for me via an Expert Advisor makes it more attractive. The best part is

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How do you put money management working for you in as simple a manner as possible?

Reading through all the money management books can be very dry, which is why I’ve simplified the entire trading concept and philosophy into a super simple, short and easy to understand format for you.

To illustrate a key concept of [...]

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A key part of becoming a successful trader is the knowledge of money management. Without a proper understanding of Money Management is and is not, you can have the best trading systems and still blow your account out of the water.

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Do you want to learn how to trade profitably?

If you’re considering trading as a means of making money, or if the idea of Trading for a Living appeals to you, there are some things that you might want to consider before starting.

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SmartTradingForProfits.com was created for the purpose of sharing information and knowledge on how to be a Smart Trader making steady, consistent profits from the financial markets.
Stuff that I’ll be covering in this blog will be my experiences from trading over the past several years, lessons that I’ve learnt, as well as other resources or information [...]

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