Education, Education, Education.....

What most amateur traders don’t realize is that to become a good trader takes time, effort and therefore experience. But it is such a sad world we live in now, that so many rubbish internet vendors nowadays promise untold riches with little or no effort. For all of you out there with any common sense you should know that this is stupidity. In this world you have to work at anything to become good, and you have to become good to do well. That is just a fact of life. That is why I am doing this Blog, to help you all become better traders and as such be able to make the best use of MTPredictor and its routines.

As you have seen, when the routines in MTPredictor are applied with experience, they can uncover some great trades. In particular, the automatic routines are not designed to be followed blindly, (a computer by itself will never to as well as a human being), so they are designed to “alert” you to a “potential” trade, then (as you have seen in all these examples) the experienced trader uses their experience (for example the larger degree trend) to then choose which setups to take. As you have seen, this can uncover some great trades.

I will do my part, by providing lots and lots of on-going examples, to help you learn and become more experienced, all I ask in return is that you take the time and make the effort to learn from them...........

Thanks, Steve