So how did traders of that generation made their money. Obviously they didn't have the technology that most of us have at our disposal. Not just forex trading, but trading, in general.

They understood the concept of price action. To know a bargain when they saw one. What's the Best Forex Strategy. So how do you think the successful traders of the past made their money. They didn't have the thousand dollar charting platforms that so many traders are overpaying for, just for the privilege of using them, nowadays. Well, one way was through fundamental analysis.

They were able to comprehend a company's financial statements such as balance sheets, income statements, statement of cash flows, etc.... Many forex traders find themselves asking the age old question what's the best forex strategy.

To know the answer to that question, one must look at the history of trading. The moment that the first bell rang on the stock market floor, traders were coming up with strategies to beat the market. Traders generally believed in technical analysis over fundamental analysis.

Plenty of floor traders became rich just by paying attention to how.

But these kind of people would be categorized as investors, not traders.