I am always looking to learn from people who trade for a living. There are always at least one or two things that I can learn from each person that will make me a better trader. I just went through the Hector Trader Forex Trading Course and this is what I thought of it.
Hector is a full-time Forex Trader. I found his website by searching for different blogs related to Forex Trading. My first impression of his blog was that it was very clean and his videos were professional.
When I first started listening to the free online videos on his blog, his accent really turned me off. However, the information was practical and to the point so I kept listening. What I really like about him is that he does not go off on tangents. He sticks to analyzing the charts and does it thoroughly but efficiently.
After awhile his accent grew on me. I am probably wrong about this but it seems like Spanish might be his first language and he speaks English with a British accent as a second language. I especially like his "double-oh" catch phrase.
So I signed up for his course and as soon as I logged into the website, all I could say was WOW! There are a ton of videos on there and I can log in any time and take the course at my own speed.
His trading technique is actually pretty simple, which is good. It seems like the most successful systems are simple. Just because it is simple, doesn't make it easy. Every trading system takes work and practice to master and the videos take you through numerous real life scenarios that can help you master the system. Like any other strategy, I would recommend back testing it first.
In addition to the videos, the written course material is easy to understand and to the point. Trading literature can be really dry but he injects his own brand of humor into the material, making it very easy to read.
He also includes Metatrader indicators that he uses with his system with the course so you don't have to search the internet or hire a programmer to create them!
One of the many things I learned from the Hector Trader Forex Trading Course was to wait for price to retest a level after a break. That will put you in a much lower risk position than if you took the original breakout. I have already used this one tip effectively in three of my last winning trades.
If you are worried about the price, it is very affordable and within the reach of almost any aspiring trader. It is a great place to start or continue your education and I highly recommend it.
Hugh is an aspiring professional foreign exchange trader. He has a goal to be a full time trader in two years. Can he do it? Visit his blog at http://www.TradingHeroes.com to see how he is doing and discover great trading tips and tricks. |
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