Real Live Trading with a Forex Pro

Friday, February 26th, 2010 at 8:40 am  
Comments (6)

Trade live alongside a professional Forex System Trader and profit from the same market moves!

If you want the excitement of  trading on the 5 – 15 minute and 1 hour time frames then this is for you.

Very few forex currency traders are willing to actually trade live with you. There are a lot of so called forex gurus out there selling their products and showing you on video how they took this and that trade after the event, but how many of them will run a live webinar for several hours a week, taking live trades on there own accounts right before your eyes…. Not many.

This was what excited me most a chance to trade live with a professional trader, you will be amazed at the difference this will make to your trading.

Earn as You Learn in Live Trading Conditions

  • ¤ Learn forex currency trading in real time from a professional forex trader
  • ¤ Beginner or experienced traders watching live trading – real money – real results
  • ¤ Trade live on your own computer own account with a professional trader at your side
  • ¤ Watch an attempt to trade $1800 up to $50,000 in full view on your screen
  • ¤ Learn the methods, tips and tricks of a Forex “guru” in live conditions
  • ¤ Get your FX  trading questions answered real time
  • ¤ Trade 6 – 8 hours live twice a week from late Asian session to the early new York session
  • ¤ Learn 3 proven systems suited to all types of traders.  The t24 set and forget , G7 Intrad Day Forex  System, the e75 15 minute system and the adrenalin rush 5 min strategy.
  • ¤ All live session video recorded for later review

If you are just starting out or have been trading for a long time, there are always areas of our trading that could be tweaked. This is an incredible opportunity. It is the live webinars that offer the chance to question every move, ask the reasons for the entry and exit.  To watch real trades being placed on the traders deal station

It is amazing how beneficial that can be in trying to harness your emotions and discipline. Watching the live account rise and fall and knowing that even the experts don’t have all winning trades, all their before your eyes in real time, nothing can beat this method of learning forex trading With any forex system whether it be day forex system trading or intraday forex, there will be times when the market will not suit the system you are trading, this is why it is important to have several systems in your trading tool box, this way you will have strategies to cover the  various market conditions that are for ever changing.

With this forex trading offer you will be learning 3 different forex systems

Trade on a free forex demo account until you feel comfortable, a good way to test the strategies without the stress.

A good “Money Management” tool will help you to work out your trade sizes fast, this free  calculator can sit on your desk top for easy access.

Reserve your seat as the live forex trading sessions are limited.

Full 60 day money back guarantee, a good reason join, you won’t be disappointed.

It’s like having your very own personal mentor.


day forex

Money Management – Forex Day Trade

Friday, February 26th, 2010 at 8:31 am  
Comments (3)

Your survival in the Foreign Exchange Market is determined by your ability to follow strict money management rules, without them you are doomed to failure.

If however you follow good money management rules, it is virtually impossible to fail, assuming you have a sound trading system. Trader psychology is the greatest enemy of the forex trader. Everyone hopes to get rich Right now. If you pursue that mentality you may as well hand all your cash over to the broker today as you will surely lose in the long run.

Money Management is the major component that determines your success or failure when it comes to any forex trading system. When you don’t have a money management strategy then you are destined to failure. Bottom line When you have no money left you simply cannot be a forex trader!

Without distinct rules trading forex is the same as gambling. For most people that trade without rules, that is precisely what they’re doing. Sure they are going to have successful trades, but they will certainly hit a bad patch at some time that more often than not will wipe them out.

Money management rules I have adopted:

1. If you are starting out with a small account never ever risk more than 5% (maximum) on  any trade.
2. When you take a couple of trades or correlated trades simultaneously ie the eur/usd and the gbp/usd then 5% would be       the maximum exposure you should have for both trades.
3. If it is a counter trend trade never risk more than 2.5% maximum.
4. Always plan the trade and place a stop loss on entry.
5. Plan your take profit exit before you enter the trade.
6. Never take trades with less than a 1:2 risk reward ratio. For example if the stop is 30 pips, then the trade has to be able to make 60 pips.
7. If you have 2 losing trades in a row, cut your risk back to half.
8. Should you lose 3 in a row cease trading for the day and analyze your decision to take the trade. Next day either start with on 1.5% risk or go back to a demo platform, but remember stick to the rules.
9. If you have 3 wins in a row revert to 2.5%, that way you will not lose all the profit you have just made.
10.  when you get back to a 60% win/loss ratio, return to 5% maximum

As you account grows reduce your risk per trade till you are trading around 2-3% per trade.

Whether you are using a forex day trading  system or  an intra day forex system you are trying to identify repeatable patterns in the charts, these do not happen everyday, you need to have patience, if the market is not giving you a trade walk away and you live to trade another day, it will always be there tomorrow.

Have a trading plan and stick to it, no exceptions, and follow good money management rules. This forex currency calculator will keep you in check.


day forex