Big profits from Currency Trading

Posted in Trading Commentary, Submitted by Trading Critic on Tue, 2006-05-16 04:26.

If you want to make big profits from currency trading, you need to lock into and follow the longer-term trends.

‚ÄúThe art of contrary‚Ä? thinking is one of the most powerful tools a trader can use, and is a trait with which all true great traders are familiar with.

What is the Art of Contrary Thinking?

Humphrey Neill‚Äôs book, "the art of contrary thinking,‚Ä? the best known work on the subject, is based on a simple powerful idea that:

"When everybody thinks alike, everybody is likely to be wrong"

‚ÄúThe art of contrary‚Ä? thinking consists in training your mind to ruminate in directions opposite to general public opinions; but basing your opinion in the light of current events and human behavior‚Ä?.

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