Building a Profitable Forex Trading System (1500pips+monthly Guarateed)

Building a Profitable Trading System
Yes it is true you can make a lot of money trading forex, get it clear without a good trading Financial Risk management and a good Trading system, you can also loose a lot of money trading the world fundamental Securities. Being a successful forex trader is no cake of ice. It will require a lot of time and some work dedicated to it to achieve sustainable and reliable financial result. HENCE THE NEED FOR A SUCCESSFUL AND RELIABLE TRADING SYSTEM.
A trading system should be a combination of leading and lagging indicators.
Leading indicators are indicators that gives you signals immediately a trend is about to be form. Examples of such indicators are Parabolic SAR, Short period Exponential Moving Average Etc.
Lagging indicators are indicators that give you signals after a trend had already occurred. Examples of such indicators are MACD, Long period Simple Moving Average (SMA). Etc.
Yes it is true that if you wait for these lagging indicators, they could cause a delay in Buying or Selling Foreign Currencies. But they could save you from fake out and price swings. Leading indicators are prone to give fake out and arrant signals which give you’re trading account a Bad figure and you could loose a lot of money trading only these indicators.
But a combination of both indicators will make perfect sense.


Rink Management
The reason why many people fail in forex is poor financial risk management. Many of them are just looking for quick ways to turn they few penny to millions of dollars overnight and as such embark on using high lots sizes. This is madness, a dream that can never come true, and an impossibility that can never be made possible. You can only achieve sustainable and reliable result through a proper risk management. Do not take much risk.

Account Size (USD)
Maximum Lot Size per trade
200
0.02
500
0.05
1000
0.1
10000
1

Do not Risk more than 5% of your trading account size per trade.
Don’t be Greedy.
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Some Important Indicators For your trading system

Some Important Indicators For your trading systems are
1) Relative Strength Index (RSI)
2) Moving Average Convergence Divergence (MACD)
3) Cumulative Channel Index (CCI)
4) Long Period Simple Moving Average (SMA)
5) Stochastic Oscillator
6) Awesome Oscillator
7) ADX
8) Bollinger Band.