Ok, I am going to make this easy for you. If you are not trading the professional side of the Forex market then you are going to lose your money.
That’s the easy bit. Now, this is the hard bit. What is the professional side of the market, and how do I trade it?
Professional side versus retail side.
Ok, let me start with some simple facts. Whether you realize it or not there are two sides to the Forex market. The professional side, and the retail side.
If you are losing money consistently in the market then you are trading the retail side. You are basically a retail trader. If you are consistently making money in the market then you are either very lucky, or you are trading the professional side of the market, either knowingly or by accident.
Now it’s very unlikely that you will be trading the professional side of the market by accident, as you have probably learned how to trade by watching youtube videos, or by paying a so-called professional trader to teach you how to trade.
By doing this you will only have the knowledge that is available to retail traders, as there is nothing that I know of online, either free or paid, that teaches you anything about the professional side of the market.
No, I tell a lie, there is a gentleman by the name of Anton Kriel that teaches you the professional side of the market, but what he teaches is a little different from what I do. He is more of a long term fundamental based trader, I am a technical day trader, but he does, to his credit teach the professional side of the market.
Now, if you are reading this article with your mouth open, then up until now you have probably not even realized that there is a professional side of the market.
Trading the professional side of the market is your edge.
Now I’m going to reveal something that may turn everything that you think you know about Forex trading on its head. The Forex market is a game of two players. Retail traders versus professional traders. Professional traders make their money from retail traders. Retail lose, professionals win, its as simple as that.
Have you ever heard retail traders talk about their edge in the market?
You have to have an edge in the market to be successful right? Wrong.
You have to have a new trading strategy that gives you an edge over all of the other players in the market right? Wrong.
The only edge you will ever need if you want to be successful is to be able to trade the professional side of the market. Your edge is your ability to take money from retail traders, by trading the professional side of the market.
Retail trading websites common myths.
Have you ever heard retail trading websites say this?
You need to follow the big banks, they are the people that move the market, follow them and you will be successful right? Wrong.
You need to follow the big momentum moves in the market, that’s professional traders getting in right? Wrong.
You need to follow the fundamentals to be successful. Researching the news feeds and understanding the news will make you successful right? Wrong.
You need to buy at support and sell at resistance, that’s where the big players are getting in right? Wrong.
You need to identify the supply and demand levels in the market, that’s where the big players are buying and selling right? Wrong.
Its all rubbish and doing any of the above will cause you to lose your money in the market.
Let me say this again to avoid any confusion. You can only make money consistently if you are trading the professional side of the Forex market.
In my Forex training course I can show you what the professional side of the Forex market looks like, and more importantly how to trade it with success. For more information click here.
