The Forex Trading Game

Like all forex traders, you know as well as I do how hopeless and helpless one can feel watching a poorly-conceived forex trade sink deeper and deeper into the red.

After months of frustration and headaches, I began thinking - why is it that just because I had a bad entry, I allowed my trades to continue losing?

I began tinkering with my trading method, and soon had a technique which helped me turn my losing trades around.

If you spent time with me in the Live Trading Room, you may have played the Forex Trading Game with me before.

The fact of the matter is - out of the 6 times I have hosted this game, I have not lost a single time, no matter how awful the trade that was called to me.

Please see the links below for reference. These are the actual statements from previous games:

Won on 11/17/2009 Won on 11/24/2009 Won on 12/03/2009 Won on 12/22/2009 Won on 01/19/2010 Won on 05/28/2010

1. You give me the worst, most ill-conceived trade possible - any pair, any direction. Make it tricky. The idea is to enter into a REALLY BAD trade.
2. I will enter into the trade, and will show you my money management and Japanese Candlestick techniques via which I will try to save the trade.
3. I will liquidate this bad trade - if I come out with a profit, I win!

Can YOU think of any situations where you could have benefited from such a technique recently?

Don't let your badly entered trades crash and burn - learn to turn them around!

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