The Yen FX Trader strategy is that it takes lots of small profitable bites out of the market. This relieves the pressure of trying to capture those two or three large winning trades as well as avoiding the large losses that inherently come with trying to find those trades.
To put it simply, the Yen FX Trader prefers lots of small winning trades rather than a couple of big ones.
The Yen FX Traders primary objective is to produce stable and consistent results in a fashion that minimizes drawdowns and unnecessary risk.
We feel that consistency is one of the most important aspects to trading successfully in the foreign exchange market. The Yen FX Traders approach to consistently producing profitable trades is mainly by avoiding large losing trends generally associated with system trading in the currency market. Some of the ways that this is accomplished is by using trailing stops and exiting every position before the close of the US equity market.
The use of tight trailing stops allows us to minimize our losing trades as well as exit a losing position quickly so that a new position may be entered in order to capitalize on the intraday trend.
Never holding a position overnight also greatly reduces the exposure time on a per trade basis and shields us from unexpected overnight events that may create unwanted market fluctuation.
Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Forex markets. Don't trade with money you can't afford to lose. Nothing in our website shall be deemed a solicitation or an offer to Buy/Sell futures and/or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on our site. Also, the past performance of any trading methodology is not necessarily indicative of futures results. Day trading involves high risks and you can lose a lot of money.
