Find out what professional Forex traders never told you.

Throughout my career, there has been one secret to the success of many professional traders and hedge funds: a dirty little secret that no one wants to discuss. It’s not a secret among the inner circles of hedge fund traders, but it’s a different story for the rest of the world.

Always benefit from the stories of successful Forex traders.

I have been trading for over two decades. I started my career at JP Morgan in 1999, working in the Forex market and trading industry. Items Trading Desk I joined FXCM in 2004 and started its research and education division, Dailyfx.

I have hired most of the analysts on the desk now and have worked with some of the most significant hedge funds and successful traders in the process throughout my career. There was one secret that goes against everything new traders are taught. I was shocked when I first heard it, and it took me a while to come to terms with it myself. But by adopting this technique, I have shaped my trading.

The importance of maintaining the risk-reward ratio in Forex

Everyone talks about how a good, disciplined trader needs to maintain a risk-reward ratio of 2 to 1 or better. Still, many experienced traders, especially those who continue to make money trading for 1020 years, do not swing for the fences.

Yes, they will talk about the big game, go on CNBC and Bloomberg, and talk about their long-term calls, but having been on both networks for years, I can tell you that you are driven to grab the attention of the headlines if these money managers are trading real money or… If they manage an extensive portfolio, they are likely exiting their trades and bank profits, partially or entirely, much earlier than they might otherwise let on to me.

Do not think that you have to be very smart to trade successfully.

If they were trading for big moves, they would probably have 300 to 400 stops, which means they needed a target of 600 to 800 pips to maintain that ideal 2 to 1 risk/reward ratio.

But if the trade moves 200 or 300 pips in their favor, it’s almost irresponsible as a money manager not to lock in some of those profits, and I bet you some of them, if not most of them, take money off the table because no one wants to lose money or lose profits.

When your reputation, career, salary, bonuses, and livelihood are at stake for the investors of these funds, have you ever seen what’s going on under the hood? They only see returns. Fund managers are measured by how often they maintain a good risk-reward ratio.

But how much return do they make at the end of the day, at the end of the month, at the back of the year because the only thing that matters is the return? The professional individual traders I talked to are more open to this process, even though they trade more easily from lower trading odds.

You will realize that successful Forex trading is boring.

This requires being right and often wrong, but isn’t that what you hope for in investing? Friend or non-expert giving you trading ideas? It’s a little secret because no one wants to admit it.

But imagine how controversial it would be if I said, you know, if they had a negative risk-reward or risk, they risk a dollar to get a dollar, but I’m here every day sending trade ideas to my members. Sometimes, the risk-reward is better than one-to-one, sometimes just one-to-one, and sometimes, I risk $3 to make $2.00.

But I’m a real trader, and I’ve been doing this for over two decades. Do I treat it? Results Tell the Story Everyone Wants to Know I build profits slowly and steadily weekly, by 100 pips at a time or more. August 2022 has been the best month for me since March 2020.

Over 700 points in one month, when the Dow lost 3000 points from high to low, and everyone talked about a recession, there was more consistency under the hood. 17 out of 19 winning weeks. Each of these train signals was sent to our members and time-stamped.

So, yes, I will trade with one-to-one and sometimes harmful risk-reward ratios, but would you rather win 17 out of 19 weeks or lose a whole bunch of times while waiting to get some big trades in the process? The hardest part of trading is managing your emotions and having the confidence to maintain them.

Know very well that not all people are good at trading Forex

Trading when you lose and trusting your system when you lose more than you win. Even when the winners are big, you may fail to reach your goal because you may end up doubting your strategy due to losses, and this is my trading formulation. I focus on high accuracy with lower risk-reward ratios.

I’ll admit it because the psychological and emotional experience is more positive, and I still win the positive reinforcements that make everyone, including me and my members, all good. It’s perfect to end the greedy week after week, and even if we don’t, we don’t.