This next series I will be asking the question "How you got Started in the 4x?" The first up is the blogger of the Forex Crunch. I highly recommend his site as he is a testament to hard work pays off. One can see him posting on the Forex Factory and usually post comments with his piers. If you get a chance to fallow his face book post you see his talent is well rounded in all parts of life. So with out further delay.
The publisher of Forex Crunch,
Here is Yohay.
I've always been fascinated by foreign exchange. Macro economic news and their impact on currencies were subjects that I found myself reading again and again. In the summer of 2005, following a recommendation from a friend, I started an intensive course in forex trading.
The course exposed technical analysis to me and I began examining patterns. I then began trading with various brokers, losing some, winning some, and trying not to lose the lesson.
A year later, I began writing a personal blog. This had nothing to do with my interest in foreign exchange. The bi-lingual blog began as a travel journal but quickly became the scene for self expression in different fields: politics, music, lifestyle, etc.
Later in 2006, I read an article about pro-blogging – making money out of writing blogs. At the beginning, it was quite an interesting read, but that's it. And then it came to me: I can write about forex trading.
Realizing an idea takes time. I bought the Forex Crunch domain in the beginning of 2007, but began taking it seriously only two years later. There's never enough time, too many design issues that bloggers waste time on and too many distractions. You never know where to start from.
At first, I thought of writing about the basics of forex trading, but found myself re-writing the content again and again. I cut this loop by writing fresh content: daily outlooks.
Eventually, my writing became more and more steady. I got used to writing lots of content and began having more regular sections: the daily outlook, links posts, etc. I still write more educational style articles, and especially preach for testing the market and your skills with a forex demo account.
Recently, coverage of the forex industry and various forex software products has also become part of my agenda. Technology is very up to date in forex trading, and there are developments all the time. As a former programmer, I find this interesting for me, and I hope that also for my readers.
Learning never ends. I am continuously listening to readers' comments, letters and their "feet" – which posts receive more attention and which are skipped upon. Writing about EUR/USD always receives attention, but it can't take up all the space – this will make everybody bored…
Reaching out to new audiences is also an ongoing task. This means commenting on others' sites, co-operating with other sites and more.
I hope that my readers enjoy the site and find it useful. It will continue to evolve.
I'd be glad to answer your questions and tell you more.
Have you tried my trading system? Click on this link to learn more about the trading system that has offered me the most success!
Almost everybody had to take physical education classes as they went through elementary, middle and high school. Early on we all learned that regular and proper exercise would get our blood pumping and increase our oxygen intake—something vital to keeping our brain healthy. That's right: to keep our brains healthy, we need to exercise our bodies on a regular basis.
I'm one of the few "bigger" tree climbers you will find in my "tree dude" trade, but because I was very active in my work, I didn't really need to take the time to add in an extra exercise routine to my schedule. At the height of my career I was taking in somewhere around 5000 calories a day but, because I had a heavy work schedule, it was pretty easy for me to burn most of that off. The need for regular exercise snuck up on me as time went on and the work slowed down and I found myself spending more and more time sitting at my desk in front of my computer.
If any person sits in front of a computer for hours a day for days on end he will start to see his metabolism slow down. Unfortunately, the slowing down of the metabolism doesn't make itself obvious until he looks in the mirror one day and wonders why he looks so much bigger than "usual." That's what happened to me. One day I looked in the mirror and thought "who is THAT?" It took me a minute to realize that it was me!
In addition to the detrimental effect a lack of exercise has on our physique, a lack of exercise can muddy our brains. You feel your energy level start to slide and suddenly you find that you feel "foggier" than usual and aren't able to make the decisions you need to make in your daily life. Gradually you can turn into a human sloth!
Having a sluggish brain is not something that you want to have when you want to make a go of the Forex market. For a long time the Forex market trends were based on fear and greed. Over time the various Forex markets have oscillated down from an emotionally based trading system, to a narrower and narrower trading margin. The narrower the trading margin, the more stressed the Forex trader gets.
The Forex market is consolidating. This is because the US dollar has fallen in value and is just now starting to stabilize, well AFTER the world wide credit crisis that followed the crash of Wall Street in late 2008.
Staying alert and paying regular attention to smaller changes in the market can be tedious, especially if your natural energy level is low due to a lack of exercise. If you lose your edge because you aren't alert enough to recognize a good trade when you see one, you might miss the next cycle altogether, which means that you could potentially miss out on a large profit!
It is well worth the time it takes to exercise regularly. Make room in your schedule for working out on a regular basis. Some health insurance companies will lower the cost of your insurance premiums if you make a concentrated effort to keep your body physically fit and healthy. You can take those savings and add them to the refunds you are putting into your "10 % Is Yours to Keep" account!
One tidbit that people are discovering—something that even the most physically fit and sharp minded Forex trader can find benefit in—is making use of the way Nitric Oxide works in your body. Dr. Louis Ignarro, winner of the Nobel Prize, calls Nitric Oxide the "miracle molecule" and you can learn more about his findings on his website (http://www.DrIgnarro.com). This site features quite a few worthwhile free lectures and videos. Take some time to watch them and learn how being healthy can give you an edge in the Forex Market.
It is easy to forget that Forex trading is a zero sum game. To be the best of the best in this game you need to be vigilant and constantly alert. The best way to do this is to keep your body and brain as healthy as possible. If you sit at your computer all day and let your adrenaline levels run your day, you could miss quite a few valuable opportunities to make a go of Forex and turn a profit!
Have you tried my trading system? Click on this link to learn more about the trading system that has offered me the most success!
