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Sunday, November 2, 2008

A Forex Program Designed For a Trouble-Free Process of Profitably Entering the Currency Markets

By William Alheim Jr

The Foreign Exchange Markets (Forex or FX) can be a relatively intimidating place to start investing looking in from the outside. Actually, trading currency for a profit is much simpler than trading stocks, investing in real estate or opening you own business. It also provides another significant advantage over the alternatives to wealth building mentioned above, which is your funds can be increased far quicker than any of those methods with considerably less risk. The article below is designed to provide a few Forex programs that are very easy to follow and guarantee very nice returns on your investments with very little risk.

The first Forex programs I will discuss are the currency mentoring programs instructed by professional FX traders. These provide an easy way to learn Forex trading from the ground floor up. You will receive one on one training by a currency professional trader where you will have the opportunity to ask questions on any thing you don't understand in the teaching materials they provide. Next, you will also have one on one trading sessions with the professionals where you are permitted to use your own funds. These are fantastic money making opportunities where you really are just increasing you bank account based on the amount you choose to invest.

My personal favorite program allows you to have the same portfolio as the professional teaching the class in real time. This particular program cost one hundred and fifty dollars a month and again, depending on the amount you choose to invest the profits could literally be in the tens of thousand, if not the hundreds of thousand. This Forex mentoring program offers a very easy way to get into the currency markets with virtually no risk and a sure opportunity of making profits if you follow the professional's advice explicitly.

Another favorite of mine is instructed by a self taught guru who is an extremely wealthy private investor. His method is preposterously easy to understand, implement and follow daily. He teaches you to trade only one currency, at one time of day and only if one indicator is sending a signal that indicates you should make a trade. This technique has been proven to be extremely profitable for a substantial period and his followers swear by him and his approach.

There you have it; two very easy to learn Forex programs that allow you to enter the markets with little or no risk and come away a big winner. Nothing could be easier, if you are willing to invest in your future and education. This has always been proven to be the best investment a person can make and then you will be a capital gains making monster.


We have researched, tested & reviewed 100s of Forex Courses, Software Systems and Brokerage Firms which we only list our TOP 10 to help you LEARN FOREX TRADING. For 100s of FREE FOREX TUTORIALS please visit LEARN CURRENCY TRADING. Good Luck! I look forward to seeing you on the trading floor making money! William R. Alheim, Jr., CPA, MA

Learn How to Trade Forex the Right Way

By Timothy Rohrer

As a newcomer to forex, there is a right way and a wrong way to trade. Many people begin in this amazing market thinking they can dive right into it with little to no experience and receive substantial returns. The truth is, it is possible to receive consistent returns if done correctly and if having received the proper education, system and money management.

The first ingredient to becoming a successful forex trader is understanding yourself and your habits. How much risk can you tolerate? Do you make hasty decisions or sound ones? The biggest question we have to ask ourselves is how do you handle your emotions after a losing trade? Can you continue working your system and stick to a set of rules? These components will all play a key role in your success as a forex trader.

Fortunately enough for us, there are trading systems out there that do work and attempt to eliminate the emotional side of trading. Many systems contain a complete set of rules and guidelines to follow telling you when to enter and exit a trade. What one has to realize is that systems do work, it's when we as traders fail to follow the system as it was designed run into trouble.

Many forex systems yield spectacular results when back tested over a period of time and if your not sure what that is, it's when we take historical data and apply that data to the system to see what would of happened. The proof is there, however the challenge becomes fighting off the human element and refraining from taking trades outside a set of rules.

In becoming an successful forex trader and doing it the right way, it's first important to identify a profitable system and apply proper money management strategies. One money management strategy I recommend is a risk to reward ration of 4:1 Meaning we only have to be right 1 time out of 4 to at least break even. Another words, even if we lose 70% of our trades, we are still profitable because we are making four times the amount we lost on each trade. Another rule to follow is never risk more than 2% of your capital on each trade. Even if you had 15 losses in a row, it's only a 30% loss and you can continue trading knowing your system will eventually pull ahead in the long run.

These are just some common mistake both new and experienced traders make. However with patience, and discipline a trading system can go a very long way and potentially yield substantial profits.


Tim Rohrer is an established writer and currency trader. For more information on profitable forex systems, visit forex trading for profit.

Forex Trading Fact - You Will Face Weeks of Losses But the Good News Is

By Sonia Kristina

Many traders believe the rubbish, they are told by so called Forex experts, that show made up track records which indicate you will never suffer a string of losses - but this is fantasy not reality. You will Lose - but the good news is you can still make big profits here's why...

One of the reasons Forex traders lose is they are unprepared to handle a losing period but they need to learn that to win you have to lose and a simple example will illustrate the point:

I know a trader who manages over $100 million and he losses 70% of the time and has losing periods of two months or more yet his annual compound return is 76% over 5 years.

He knows (and you need to know to) that losing is part of the game and losing periods can last for weeks or in his case months. What you need to do is stay on course, when these losing periods come and keep your losses small, by trading with discipline and this is NOT easy!

We all have egos and it hurts, when you trade and the market makes you look a fool - but you must keep going, until you hit a home run.

The fact is if you don't learn to take your losses cheerfully, you will never win.

Today, traders believe all the so called Forex experts, with their junk robots and they can make a fortune for spending 100 bucks and suffer no losses - dream on, this is not reality.

Forex trading is a big boy's game and the professional Forex trader takes his losses.

He knows if his system is soundly based he will hit a home run and clean up longer term - he has discipline and you must have it too.

Sure Forex trading involves losing - but this is actually the key to winning and enjoying currency trading success.


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Learning How to Trade the Forex Market - What You Should Know

By John Templeton

The answer that most new traders hear when they ask "how do I go about learning how to trade the forex market", is, "you have to know fundamental and technical analysis". There are some good traders who have a strong comprehension of one, but not the other. If you don't know either, you are going to have a very tough time earning a living by trading.

I don't think many traders get this message because there are so many of them that don't bother learning how to properly trade the markets. There are a ton of traders that trade off of their "gut". I know this may sound ludicrous to you, but its true.

Many traders don't know anything about the fundamentals. I mean basic things, too. For instance, many traders don't know the importance of the Non-Farm Payroll numbers and the effect that has on the market. Many traders have no idea if raising interest rates will cause a currency to drop in value. Many don't know how the differences in analyst expectations and the actual news can cause a currency pair to tank or go through the roof.

It wouldn't be that big of a deal, if more traders understood technical analysis as well, but unfortunately, that is not the case either. Many traders think technical analysis means looking at a Stochastic indicator and seeing if the currency is overbought or oversold.

An indicator will never provide accurate technical analysis. The only thing that will, is your own eyes. It can be seen on a clear bar chart. You can see the support and resistance areas. You can see where the current trend is. You can see where the market is headed.


John Templeton has been a successful forex trader after learning how to trade price action. Once he understood that all he needed to trade forex was on a plain chart with no indicators, his profits soared. You too could learn how to trade the forex market.

Learn Forex Currency Trading - What Everybody Else Isn't Telling You?

By John Templeton

Many people want to learn forex currency trading.They love the idea of working from the home and not having to go to their 9-5 job. I can't blame them. I know that is exactly the reason why I wanted to get started trading forex. I hated my job, and I heard from all these people on the internet that they were making a killing trading forex. It seems like a no brainer, right?

Well, one thing you should know right off the bat about the online forex trading community is that they can certainly talk the talk, but very few of them can actually walk the walk.

I'm sure if you have looked into forex, then you probably have heard this statistic. If not, you are going to right now: 95% of forex traders are losing money.

Does that mean its difficult to learn forex currency trading? Nope....not really.

The problem is that most people don't learn it. They just jump right into it like its a roulette table. There is a reason why most people lose in Vegas, and its the exact reason why most people lose in forex. They treat it as a gamble. They think that picking the right direction of a currency pair is luck.

You'll also notice many traders actually use the term playing. For instance, you'll hear traders say "how much are you playing with". Instead of using the word trading, they are using the word playing. By using that word, you can tell how they treat their money.

Also, notice how many people want a shortcut. How many people love the idea of having one of these charting packages where you don't have to think and the software does all the work for you, and tells you when to buy and sell?

Of course it sounds great, but if it were that simple, why are so many people losing money?


John Templeton has been a successful forex trader after learning how to trade price action. Once he understood that all he needed to trade forex was on a plain chart with no indicators, his profits soared. He developed his own course, called Trading in the Buff, where he teaches traders how to properly learn forex currency trading.

Finding a Forex Mentoring Program - Where to Go

By John Templeton

Finding a forex mentoring program is not that difficult. The difficult part is finding one that will actually help you. It seems like there is more bad information on the internet than ever before. How did it get like this?

For instance, I love all the forex forums as much as the next guy, but have you ever noticed its all the same information being talked about?

I'll give you an example. I want you to go into any forex forum (pick your favorite) and I bet you that there are at least a dozen recent threads with people trying to figure out how to trade stochastics. There is always a leader who says he is an expert, yet he is probably still trading a demo.

People just love all the gadgets that come with a trading platform. They'll play around with all the indicators, and the bells and whistles until they are like a child who is bored with their newest toy. I don't mean to put these people down as I have done the same things when I first started to trade forex.

But after a while, it just dawned on me that they weren't helping. I really wish more people felt that way. If they did, you wouldn't be seeing all these useless trading systems on the market.

A true forex mentor doesn't have to come up with any gimmicks using lagging indicators. Almost every trader worth their soul can just look at a simple price chart and tell you where the price is headed. The reason they can do this, is because they actually understand the market, which is a lot more than I can say for the cast majority of the trading public.


John Templeton has been a successful forex trader after learning how to trade price action. He is now offering a forex trading education for all those that struggling traders out there.

A Course in Currency Trading - What Most People Don't Grasp About Forex

By John Templeton

Most courses in currency trading don't really teach you how to understand the market. They basically teach you some system where you are putting together a bunch of indicators and they tell you "if x and y happen, you buy or sell". There are thousands, if not millions of these type of systems/courses out there. Some are perfectly free, while others cost a couple thousand dollars.

The sad thing is that I bought my fair share of this garbage too, because it seemed much easier just doing what indicators were telling me to do, instead of using my own judgement. You can even say I was a prisoner of these indicators. I couldn't trade without them. I was only as good a trader as how well the indicators were reading the market that week.

I guess it wouldn't have bothered me as much if I was making money with them but I was definitely not.

I'm sure I don't have to tell you that when you are losing money trading, its very hard to be optimistic. But the thing that was bothering me the most was the fact that I wasn't losing. The indicators were the ones that were losing. I just went along for the ride.

It's the same exact thing with all the automated trading robots that are so popular right now. Instead of taking the time to learn what the market is trying to tell traders, they would prefer not to listen and just let a robot do the trading for them. If you have been making money using this method, I sincerely applaud you, because most people are not.


John Templeton has been a successful forex trader after learning how to trade price action. Once he understood that all he needed to trade forex was on a plain chart with no indicators, his profits soared. He has come up with a new currency trading course on the subject, called Trading In The Buff.

A Forex Training Course Will Assure Currency Trading Profits and Success

By David R. Cross

The Foreign Exchange or better known as the Forex Market is one of the most popular and well known places to invest today. Its popularity began to rise in the 90's when trading through the internet was first used. Today, more and more people have joined in the investment of buying and selling foreign currencies in order to earn a profit and make a nice living. The problem however is that more people have failed in the Forex Market compared to those who have made a profit.

It is a fact that in the Forex Market more than ninety percent of beginners lose their money. This is due to false information, no training and little knowledge which results in them making common mistakes such as trading everyday and trading emotionally. These things can be avoided by taking up forex training course before entering the market.

The forex training course will teach the aspiring trader the tricks and secrets about the Forex Market. More importantly, it educates the beginner about the basic concepts, theories and common terms used in the market as well as training the beginner and equipping him or her with the skills required to be successful in this investment venture.

Investing and trading currencies in the Forex Market is a serious business. It is important to be prepared for this and not take it lightly as the consequences can be great. And taking up forex training course can be the best step towards success and avoid being part of the majority who fails in the Forex Market.


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