Do You Have to Pay for a Trading System? (No)
Since a trading system is something you can use to make money, you might assume that it is also something you would have to pay for. Thankfully, this is not the case.
You certainly can purchase a trading system. But you do not have to. Forex traders are often generous, collaborative individuals. As a result, the internet is flooded with hundreds of completely free trading methods.
Where to Look for Trading Methods
Now that you know you do not have to spend a dime on a trading method, let’s talk about where you can look for systems to test.
1. Articles and Blog Posts
One good starting point is online articles and blog posts. Search for trading strategies using indicators or price actions you are interested in or specific fundamental analysis data. Search engines should pull up numerous results for you to explore.
For example, you could look up “forex systems NFP” if you want to trade using the nonfarm payroll report. Or you could search for “forex systems moving averages” if you want to trade using moving averages.
2. Ebooks
Both free and paid ebooks are additionally good sources for forex trading methods. Often, coaching programs give away some free forex systems and strategies to people who subscribe to their email newsletters.
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