My Number One Forex Trading Strategy Is Now Automated.

Number One Forex Trading StrategyHow amazing would it be to be able to learn a great Forex trading strategy, and to make money on autopilot while you are learning it. Well now you can.

After many years of development my number one Forex trading strategy is now automated.

I have for a number of years been looking at ways to automate what i do. As i am getting older i am less inclined to sit in front of the charts all day looking for trading opportunities, but i still want to make money in the markets. So the answer was to automate my trading, so i don’t have to chart watch all day.

Automating my strategy.

Automating a strategy that is based on indicators is quite easy to do. But we all know that indicators don’t work, and this is why all the expert advisors EA’s that are available for retail traders lose money.

The way i trade is not based on indicators. Its based on market knowledge, and on finding key reversal levels in the market, then entering and exiting trades based on those levels. So building an expert advisor that is not relying on some sort of indicators is an impossible job to do. EA’s do not use discretion to enter the market, they just do what you tell them to do. So you have to set parameters for an EA to understand.

So the first job was to work out how i could define my strategy by way of parameters, and to build those parameters for the EA to recognize. This job was probably the hardest of them all. I had to think of ways to put my thought processes on a chart for an EA to be able to see. From the initial idea to actually building the parameters took around 2 years of work. When the parameters were built i then had to think about how to incorporate them into an EA. This took another 6 months of work before i was happy that the EA was doing what i wanted it to do.

Throughout the whole process I have been working with an excellent developer, who has managed to turn my thought processes and trading ideas into an automated expert advisor. Something that i never thought was possible a few years ago, is now a fully functional EA that is capable of scanning the markets for high probability trading opportunities, and trading those high probability opportunities automatically.

I would like to extend my thanks to my developer, for all your hard work in making this possible.

The benefits of using my EA.

As well as freeing up a lot of time for me, i actually make more money by using the EA, as the automation of my strategy does not need me to spend time scanning the charts for trade set ups. And when i am in a trade i can fully manage it, without having to look for other trading opportunities, as the EA is doing that for me. So i get into more trades, with less work, and more profit. And as the EA is trading based on my rules, its not going to miss any trades, or miss something that is going to effect the outcome of the trade.

It does not matter how good you are at scanning the charts you can always miss something. But not anymore. The EA does all the hard work, and i don’t have to look at a chart at all if i don’t want to, until my orders are live in the market.

Its a very useful addition for traders that do not have the time to sit in front of the charts all day waiting for a set up. You can set an alert to notify you that a trade has executed. You can then either leave it to play out, or manage it if you want more control.

On the subject of management, the EA is fully equipped with all the functionality to enable you to set your own risk profile, and your own money management. When its set up to your desired level of risk, it will enter the market at my high probability reversal levels, with a stop loss and take profit automatically added to the trade. You do have the option to trade without a stop loss, or a take profit, if that’s what you prefer. You also have the option to move the stop loss and take profit levels, if you want to manage the trades yourself. The EA can be used on any pair and on any time frame.

So how do you get your hands on this automated money making machine πŸ™‚ Well the bad news is that the EA is only available to traders that have taken one of my training courses, and paid for the earn while you learn option.

For more information on my training courses please click here.

Why Its Virtually Impossible To Make Money As A Retail Trader.

Make Money As A Retail TraderI say virtually impossible. It is possible to make money as a retail trader but the odds are firmly stacked against you. The statistics show that only 5% of retail traders make money consistently, but in reality the chances of success are probably less than 3%.

So taking into account that only 3% of traders that start out on this journey, achieve consistent profitability, why do so many people still want to get involved in Forex trading.

Well i suppose its for the same reason that people play the lottery. I don’t play the lottery by the way. I have no desire to throw away my money on a 50 million to 1 shot.

But taking into account the odds of lottery success, Forex trading success is a much better option.

Financial freedom, working hours that suit, spending more time with friends and family, working from home, being your own boss. These are all reasons why people get involved in Forex trading.

All of these reasons are valid, and attainable as a Forex trader, but they come at a price. Nothing in life is free, but you get out what you put in.

Determination, desire, discipline, dedication, are qualities that you need to be successful, but without education the other qualities will not be enough for Forex trading success.

Why is it so hard to succeed as a retail trader?

Here are some reasons why retail traders fail to make it in this business.

Not enough capital.

This is something that causes a lot of traders to fail. Most retail traders are sold a dream, a dream that they can turn a 100 bucks into a million bucks, when in fact that really is not how trading works at all.

not enough capitalIf you only have a 100 bucks to fund your account, just forget live trading, because you will only lose your 100 bucks. If you go down the same route as the majority of traders, then you will probably blow a min of 3 trading accounts before you get to any sort of consistent profitability. That’s if you are lucky.

Top tip: Divide your start up capital into 4 lots, and open your first account with a quarter of your start up capital. You then have enough money to fund 3 blown accounts, and still have something left to trade with.

Poor trading education.

If you have enough capital to fund 4 trading accounts then getting the correct education is a must to give you any real chance of success. Everyone thinks you can teach yourself how to trade by reading books, or watching trading videos on YouTube. Although you may be able to learn the basics this way, you can only be successful in the Forex business if you are educated by a professional trader.
trading education

This job is a lot harder than it looks, and paying a professional to teach you how to trade correctly is the only way in my opinion that you can move forward and get consistently profitable in your trading.

You want to make money in this business, and you want to be able to do it in as little time as possible. By trying to teach yourself to trade you are doing the complete opposite. You will lose money, and you will lose time. The only thing you will gain is stress.

Investing in a professional Forex training program will save you a lot of money, a lot of time, and a lot of stress.

Lack of discipline.

Discipline is something that a lot of traders struggle with. Fear and greed is one of the biggest reasons why traders fail. Having the knowledge needed to be successful will not be enough if you cannot control your discipline.
how to control fear and greedWarren Buffet is probably the best example of a trader that is 100% unaffected by fear and greed issues.
He is one of the richest guys in the world but he has not made his money by being greedy, or by being fearful. He has made his money be being clever, and very well informed.

Its a lot easier to control fear and greed issues if you have the correct education, but it can still cause traders problems.

I like to think of trading in the way you cross a busy road. If you have not been taught how to successfully cross the road, the chances of getting squashed by a bus are very high, but even when you know how to cross the road, there is still a temptation to go for a small gap in the traffic, and try to make it to the other side without waiting for the road to become clear so you can cross safely.

Trading is about waiting for the road to become clear, so you can trade safely.

False beliefs about the market and how it works.

Most of the education available to retail traders either online, in books, or in other training courses is poor to say the least. Some of it is bordering on madness to be honest, but traders still pay for, and dedicate time to learning this crap, and it will not help them one bit in their trading journey.
false beliefs about how the market works
Some well respected Forex training providers have no idea how the market really works, and importing this knowledge into traders heads is leading to false beliefs about the market and how to trade it. These false beliefs will make it impossible for a trader to make money consistently.

But because the trader does not know that what he or she believes is false, they blame their failures on a lack of discipline, when in fact the problem is a lack of knowledge.

So whats the answer?

Well the answer is to hire a professional trader like myself to teach you how to trade. And if you think its too expensive to hire a professional trader, just think about how much it will cost you if you hire an amateur.

Thanks for visiting my blog, have a great day. πŸ™‚

My New Forex Training course.

New Forex Training courseAs some of you already know i recently launched a new Forex training course called learn to trade in 5 days, and i just thought i would post an update on how that’s going.

The course teaches my number one trading strategy, and is an alternative and more affordable offering to the full 20 or 40 hour courses in which i teach all of my strategies.

I had a good feeling about it when i decided to do offer it, and the response to it has been very encouraging.

I would like to thank everyone that has signed up for the course so far. Some traders have taken the course already, and some are waiting to start.

The feedback i am getting from the people that have taken the course is very good indeed, as is the feedback from the 20 and the 40 hour courses. I have had a couple of traders say that i need to post some feedback on the site to let others know how good my stuff is.

Now i am not the type of person that goes in for pages of made up feedback testimonials to encourage people to part with their hard earned, but having a few genuine testimonials from real traders who genuinely want others to benefit from what i teach, is only going to be a good thing.

I have many visitors to the site, that look at my courses, but for whatever reason, probably the price πŸ™‚ decide not to contact me. Now let me just say this to all of those people that visit the site and click away.

If its the price, then i understand. If its not affordable then what else can you do. But to those people that can afford to pay me to teach them, i would like to say this. Please please please please please do not get me confused with all the other charlatan educators out there. If you have been scammed, ripped off, cheated out of your money by these crooks, then i feel very sorry for you, but i am not one of them.

I had an email from a guy yesterday that had paid over Β£20,000 in the last 5 years to these crooks. He is now having to take out loans to pay for his healthcare because hes lost all his money. It makes me sick, it really does. These people do not hide in the shadows, waiting to pounce. They are all there in plain sight, so called professional traders with flashy websites telling you how good they are, and how many people they have successfully taught how to trade.

I am not going to name them as they will probably sue me. They have very lucrative training businesses to protect after all. Please don’t fall for their lies. These people do not care how much money they take off people, or how many lives they ruin, they are not professional traders, they are con men pure and simple. If you want to learn how to trade you have to pay a real professional trader to teach you, not a professional marketing guru.

What i am offering to teach you, you will not get anywhere else. What i can teach you about this business will change your life. If you want to be a successful profitable trader then email me, give me a call, or Skype me, and listen to what i have to say.

I will be getting together some testimonial’s/feedback for the new training course next week. So please check those out when they are on the site. Once again i would like to thank those who have put their trust in me. I have enjoyed teaching you, but not as much as you have enjoyed learning from me. πŸ˜‰

Thanks for visiting my blog, and have a fantastic weekend.

10.01.2017. Reviews can now been seen here