It was October 1987. I was a struggling, young trader in the 30 year bond pit at the Chicago Board of Trade. Yet it was on the Thursday before Black Monday that I smelled a rat. Japan was threatening to dump our bonds, yet certain people were buying our thirty year bonds hand over fist. I bought a bunch of puts on the S & P. Black Monday arrived, the DOW dropped 500 points and I cashed in the puts for $250,000. A trader was born.

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.