Did you ever notice that when you go to Las Vegas the bookies set the odds and let YOU predict? Its the same in Fx trading. Fx pros like myself let the retail public pick the direction of a pair, set their stops, and then we fade them.
We decided a few weeks ago to follow the education and growth of one of my Fx students from day 1.
He's only recently begun and we'll follow his progress right here over the next few months. Later we'll reveal who he is and he'll tell you about his journey.
Robert we'll call him for now, is learning how to become a trader, not a tea leaf reader. He's learning the real guts of the business, the things I learned in the pits of the Chicago Board of Trade.
Last week we showed you his first trades on Oct 4-5 where he made $700+*; making himself and his wife quite happy. This week we have focused on trading off of retail stops. Using this strategy, Robert today made about $640*, and is gaining confidence daily.
*All of Robert’s trades (see below) are 100% verified by Ticker Tocker, the internationally acclaimed trading platform.
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.
It took a second income for me to pay off 4 of these!
Even if you have a full time job, you can learn to trade part time, and start seeing that second income money that trading can deliver. I did it and you can certainly do it. You just have to learn the right way.
I started out as a member of the Chicago Board of Trade (30 year bond pit); got a great education there and took that knowledge to on-line trading in Fx, stocks, commodities and indices. The techniques I've developed are time tested and have allowed me to survive and prosper over the long run (25 years now); and you can too, on your own terms.
If you are ready to learn the real art of trading (its not a science) and make the kind of money you should, come learn and trade with me (which is what a good coach should do). No classes. Just personal, one on one coaching.
Visit me at: https://www.globalfxtradinggroup.com/personal-coaching and we'll get started.
Traders are just starting to figure out that Algorithmic Trading is really all Hogwash when its the same people, making the same mistakes they always made, just faster and with a few more indicators added.
Fx trading is not a science. If it were, everyone would ultimately use the same Algorithm and make money. But its a zero sum game...a loser for every winner...so it can't be. Trading is an art and you can learn how to do it and not be part of the 90-90-90 club.
Here's our solution: Take a look: https://lnkd.in/grK9ysr
We designed Forex Forager to meet Warren's challenge. The Forager is your 24/7 trading partner, and he doesn't dance........but he makes you a lot of Pips and does it while you sleep or play..........Forager does what you need to do so you have more time to do what you want to do......
Forager can be on your PC in 15 minutes, comes with 24/7 training and support (we actually answer the phone), and free membership in our 24/7 skype group of international Fx traders, where we discuss strategies, specific trades and the various Forager uses.
Jeff Wecker
