In a world where we are inundated with information, it is virtually impossible for a Forex trader to select the data that is required to choose the proper market direction.

My article in the May 2010 issue of Trader’s Journal was about opening breakouts on the major Forex markets, but it can be used on other markets as well.

Trading systems can be separated into two main components – market entry/exit signals and money management. Most traders spend the majority of their time researching trading signals when starting to build a trading system.

Do you want to make big bucks trading the markets?  We have heard all the stories of how traders can make a quick fortune in the markets. Can it be done? Maybe - do you want a piece of the action?

I started spread betting in the U.K. almost thirteen years ago.  As my confidence grew, I moved on to U.K. stocks, U.S. stocks, then the E-minis, and now Forex.  It has turned into a love affair where I cannot imagine NOT trading and look forward to the next days’ skirmishes with the markets.  For me, trading for a living is the best occupation there is.  There is no boss, no overheads to speak of.  You work when you want, anywhere you want.  It is freedom; just you, the computer and your plan.