This is part two of the story that was shared by one of my customers about his friend “Bob”. He was looking for a way to make a profit in Forex trading and finally found his own method.
Bob is a losing Forex trader, but he still makes me money! That’s not his real name of course. Bob is one of those losing trader friends that everyone loves to have. He’s an ‘’opposite trader’’. You love to hear that he’s on the opposite side of your trades as he’s consistently and strikingly wrong. He doesn’t trade blindly and without a method to his madness.
Bob reverses all the ‘’Golden Trading Rules’’
The problem with Bob is that he takes all the golden trading rules and reverses them on their head. He trades against the trend. He cuts his winners short. He lets his losses mount. If you haven’t read it yet, you can read more about my friend Bob in part 1 of this series.
Now that you’re caught up with the story, let’s move on to part 2. We left off part one as I just discovered a promising new trading tool that should help me take Bob’s losing trades and reverse them on their head. The tool is called the Local Trade Copier.
