0Comments

Trading Lesson: The Art of Reversing Your Position

The market is always right. Not you. Not your opinion. Not someone else’s opinion. So you have a choice: you can fight the market or you can go with it. And how do you know where the market is going? Price action! For example, our robot “Forex Forager” always knows at what price it is right about a trade and at what price it is wrong. It doesn’t wander in cyberspace with 30-100 pip stops. It knows the exact inflection point where a decision needs to be made. Consequently, it is able to get into a swing or even long-term trade with as little as a five pip risk.
by Jeff Wecker
0Comments

Trading Lesson: The Power of the Pivot Point

It’s not about signals, order flow, order imbalances, chart formations, technicals, or even fundamentals and news. Everybody knows that stuff and consequently it’s not worth knowing. I figured something out about price points in my early days as a trader in the 30-year bond pit, as a member of the Chicago Board of Trade. There are certain price points above which you want to be long and below which you want to be short.
by Jeff Wecker
0Comments

Get Paid to Trade….It’s a No-Brainer

Why would you risk your own money, when you can make a comfortable 6 figure income trading our money? And you are not limited to day trading.....you can hold swing and long term trades with us, as long as you want. And there are no limits. That's the key, not the share %. If you have a $100,000 account and make 20% (better than most fund managers) and keep 85% of the profits, you end up with $17,000. If we let you work up to a $1 million dollar account and you make the same 20% and we share it with you 50-50, you end up with $100,000. And no monthly recurring fees. Many charge near $100/month for your funded account.... over 10 years, that's $12,000 for an account with limits. Our fee is 1/7th of that with no limits. And no time consuming or expensive training or having to put up matching funds. Saves you time and frees up your money. And you get institutional spreads and margins. And you get 24/7 support and access to a virtual trading room where you can interact with top Fx pros while they trade?
by Jeff Wecker
0Comments

If 80%+ of Fx Traders Lose, Why Would you Ever Want to go With the Crowd ?

Aah...but easier said than done. After all, we are all receiving input from the same sources....media, technical indicators, gurus, signal providers...etc: So it stands to reason we would all have close to the same opinion on a trade. And of course that opinion or feeling is wrong. To combat this and become a consistent winner, we learned early in the 30 year bond pit at the Chicago Board of Trade how to "fade" ourselves. In other words, if all your sensory functions are telling you or giving you a feeling to be long, the odds are most others are feeling the same way, and that has to be wrong.
by Jeff Wecker
0Comments

Getting to the bottom of Funded Trading…. What should an Fx Trader be asking ?

1. Are there any limits on my account? That's the key, not the share %. If you have a $100,000 account and make 20% (better than most fund managers) and keep 85% of the profits, you end up with $17,000. If we let you work up to a $1 million dollar account and you make the same 20% and we share it with you 50-50, you end up with $100,000. 2. Do you have to pay monthly recurring fees? Many funds charge near $100/month for your funded account.... over 10 years, that's $12,000 for an account with limits. Our fee is 1/7th of that with no limits.
by Jeff Wecker