Friday, August 31, 2007

Economic Downturn Has No Effect on Forex Trading

When you learn how to successfully trade Forex, you will completely step outside of the world where people worry about whether the economy is rising or falling. Of course, the economy of your nation can affect the way you live and can affect your loved ones but your ability to profit in the Forex market is just not affected. When the U.S. Dollar is gaining strength you can profit. When the U.S. dollar is losing value you can profit just as easily. You need not even trade currency pairs that include the U.S. Dollar. You could focus only on the Great British Pound Vs. The Japanese Yen or the Euro vs. The Canadian Dollar. Another interesting thing to consider is that if the U.S. Dollar appears to be on a long term weakening trend you can hold your Forex trading account in another currency such as Swiss Franks, Euros, or Great British Pounds. In that case even if the U.S. Dollar is weakening your account will still be increasing in value apart from the profits you earn through your trading. Savvy Forex traders may shift the currency they are holding in their accounts from year to year as trends shift. The ablity to consistently profit through good and bad economic times is one of several reasons that make Forex trading the ideal business for those who recognize its benefits.

Trade Forex

Wednesday, August 29, 2007

Trading Forex and Emotions

Trading With Emotions for the Forex Trader

One of the biggest challenges that I have seen recently in our own trading community is the tendency to make trading decisions based on emotions rather than the criteria that defines your entry signal. It is easy for me to say that if you get in when an entry signal occurs and get out when an exit signal occurs you will get profit. But many people find it difficult to do that. There are typically 4 reasons why some people do not see the same level of success that others do when using our Forex trading system.

1. They do not get in when there is an entry signal.
2. They get in when there is not an entry signal.
3. They do not get out when there is an exit signal.
4. They get out when there is not an exit signal.

The reason for these mistakes in almost every case is not because of uncertainty about what defines an entry or exit signal. It is usually some other reason based on emotions or intellectual rationalizing that has nothing to do with our method. Traders are sometimes afraid to get in when there is an entry signal. They wait and get in when the opportunity has already passed. Or after actually closing a good trade they try to get back in based on the fact that they are excited and want more profit even though there is no exit signal. Some of our students have expressed that they are unable to stay in a trade until an exit signal occurs because of the large amount of real dollars that is sitting in their accounts in unclosed equity of open trades. Many of us can relate to that experience but in time with experience and relaxation you can learn to stay in until the exit signal occurs and thus get much more profits on average.

There is a training video now available on this subject that is part of our free Forex trading video training series. You can receive all 8 of those videos by entering your e-mail here:
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My Biggest Challenge in Forex Trading
 

Saturday, August 25, 2007

Students of Trading Mastermind Forex Training Discuss Recent Results

What Really Works In Forex Trading?

The knowledge that is shared in our Forex training program is not meant for everyone. It is indeed relatively simple and can produce virtually unheard of results consistently month in and month out through all market conditions. But it is specifically for a certain type of person. That person is someone who has a clear purpose for why she is starting a Forex trading business and a strong intention to succeed. I have been considering taking this course off the market and possibly making it available by invitation only to a few people who demonstrate this kind of clear intention in writing in an application. Of course everyone wants to make a lot of money in an easy manner that takes very little time and very little start up costs, but not everyone is meant to have this kind of information. Some people need to continue working in their jobs playing a productive role in society while the people who desire to serve humanity in other ways could benefit from this kind of business.

What really works in Forex trading? The methods that are revealed in our forex trading course and ongoing training videos, live webinars, and mentoring programs, are working extremely well for many people. Among those who know about these methods it is now well established and documented that this works and is a viable means of multiplying capital regularly creating wealth perhaps faster than any other method of trading and any other type of business that is available to the average person without a large amount of capital to invest.

Forex Trading Strategies

Wednesday, August 22, 2007

Trading With Emotions

Emotions are a wonderful aspect of what makes us humans. Highly developed emotional sensitivity is a characteristic of the greatest among humans. Our emotions are part of the more refined aspect of our beings which allows us to experience such things as joy, excitement, love, compassion, etc. Our emotions are indicators that even provide guidance as the emotional guidance system for enabling us to make important decisions. Even so called negative emotions serve to tell us when something is not right in our lives and thus serve a positive purpose.

But when it come to trading Forex, futures, or any other financial instruments, our emotions should not be a part of the decision making process. In our trading community we have methods that are well established as the means of producing immense profits consistently for many students of our Forex trading education and mentoring system. But due to various emotional challenges some students are influenced to not enter a trade when the signal is present or to enter when the signal is not present. This is the primary reason that some students have limited success in trading.

Recently some traders were afraid to enter short and/or held an emotional bias toward the long term up trend on the Yen pairs. Some entered much later after the entry signal after the opportunity was past. Some made enormous profits and then entered again when there was no signal due to their over zealous emotions. Some traders are experiencing the problem of closing trades too early because they see large amounts of money in the equity in their trading accounts.

Once a trader can learn to make these decisions bases solely on the visual determination of whether the entry signal is present or not, success becomes much more attainable. Making trading decisions in a relaxed state of mind without any clouding influence from unrelated emotions is the key to long term success in the Forex trading business.

Saturday, August 18, 2007

Simplify and Win in Forex Trading Lesson 6

Yen Pair Volatility Creates Amazing Profits!

This has been an extraordinary week if Forex trading. The recent volatility fueled by fear and confusion surronding the credit crunch and such things as news that Countrywide may go bankrupt etc. has enabled Forex traders in our community to capture amazing profits this week. Around the August 1st I had started demonstrating in our training videos and live conferences how the market was unfolding to produce clear entry signals to go short. Many traders in other circles were reluctant to go short and a lot of traders are afraid of volatility. A fear induced sell off is actually one of the best times to trade Forex because of the straight fast movement that can often be several hundred PIPS in one day. Many of our students sent me their results such as 2700 PIPS on several currency pairs in about 2 days. There was some initial confusion regarding how to apply our trading method during a correction. But once it was made clear that this movement was truly impulsive and a "trend" on the time frame we execute trades, our students began to boldly capture profits that created massive profits in real dollars for many.

Getting into a fast movement does not constitute a "luckly streak" using our trading method. Our students have been consistently getting in and out of trades with profit over and over and we have several recent examples of documented results in live trading accounts. Needless to say, we have some very excited Forex Trading enthusiasts in our midst and I hope to post some videos of their experiences in the next few days.


Forex Trading System

Friday, August 17, 2007

Relativity of Time in Forex Trading

Announcing the Most Powerful Forex Training Ever!

This year I have seen many students move from the category of being in the process of learning how to trade to actually getting amazing results in real dollars in their accounts using our Forex trading strategies. Every day I receive more e-mails and phone calls from students who are extremely grateful for what they have finally experienced through the training I have been providing, most of which has been for free as I have volunteered to help everyone reach their goals.

Many students have expressed an interest in having some kind of daily instruction where they can actually look over my shoulder and see exactly why I am entering a trade as I thoroughly explain and demonstrate the process of executing this Forex trading strategy. At first I was very hesitant to do this because of a potential conflict with my reason for trading which is to enjoy a life of freedom. After considering the possibility for several months I have finally realized that recording this process onto video and uploading it within an hour of my actual analysis would not require much more time than I already put into my trading business. In fact, I can use the recording process as a way of documenting my own trading rather than writing or typing it into a trade sheet.

So possibly this very weekend I am intending to roll out a forex training project that will be unlike anything ever done before. A few students will have the opportunity of a lifetime to make this they year they really master the art of Forex trading. A number of students are already achieving unheard of results and many relate that this Forex trading strategy is actually relatively easy. But not everyone can master this the first day. Those who are determined to make it work will persist over however many months or even years are necessary to be able to enjoy the benefits of what I consider to be the most ideal business in the world. I am really looking forward to this project and not only demonstrating what is possible in this business but also proving that anyone who has the desire can achieve the same results.

Forex Trading Strategy

Thursday, August 16, 2007

Seeing the Hidden Meaning in the Forex Market

Documenting This Summer’s Forex Trading Results

Lately I have been receiving more and more e-mails from students who are getting amazing results in their Forex trading businesses. Fortunately many students were able to see me demonstrating each step of the unfolding of the recent sell-off in the Yen pairs. Now most of our students are clear about the importance of seeing subdivisions on different time frames and while this movement is a correction to the up trend on the Daily and Weekly time frames, it was a beautiful down trend on the time frame that we execute our trades. I may post some of the e-mails I received this week of people who are so amazed at how well this works. One gentleman wrote that this method produces so much money that he is unable to wait for an exit signal when we sees several thousand dollars profit in open trades in his account. He has tripled his capital in the last couple of months. I have a screen capture of his account balance in his trading platform and several other people have sent me results including spreadsheets and screen captures. It is becoming well established in the trading world that our students are getting some of the best Forex trading results in the world. And they often comment about how relatively easy it is to do this. Why doesn’t the entire trading world see this? I believe that not everyone is meant to see it. I will write more about that topic later.

Oh by the way, I have some exciting news coming up about demonstrating my own trades and documenting the results for everyone to watch. I am excited about it and I think I might actually put the profit and losses only on here. Meanwhile I will be making a video of my personal trading every day and making it available for students of our course.