The Advanced Forex Course for Smart Traders

This lecture emphasizes the importance of your beliefs about the market as you start to formulate your trading plan.

Every action you take is first filtered through your beliefs. If you do not truly believe you can win, you may find trading quite draining and perplexing.

Here’s how to drive your trading planning and performance through the power of self-belief. It’s absolutely essential.

There’s a lot more than numbers and statistics involved in trading at a top level. The market wizards distinguished themselves as truly self-aware and highly emotionally intelligent.

Learn what makes the top traders different, and how to apply the same principles. It’s easier and more rewarding than you might think.

Financial freedom is a huge milestone for anyone, but what does it truly mean to you? This lesson is designed to help you conceptualize and set meaningful goals for achieving and maintaining your independence.

By being clear with ourselves on what we expect from financial freedom, and how much money it will take to get there, we are able to formulate good short, medium and long-term milestones to strive for.

This is our first peek into the market’s many facets and machinations. How the financial system works, why opportunity is everywhere, and how to react when you’re inevitably wrong sometimes.

With a compelling model of the market, you can start to formulate ideas for what will happen when and why. As you get more advanced, you’ll also start to realize the importance of ‘who’ and ‘how’.

This lesson is about how to construct your model from scratch, and then use it analyze the markets

A casino tends to win at its own games over time, because it has a built-in edge. This lesson is about how to recognize, develop and apply your very own edge to forex trading.

By developing an edge and properly defining your initial risk, it becomes easy to see the value in stalking great entries. From here on we will redefine the way we express profits, preferring to use a statistical measure based on the initial risk.

Objectives are the first and most crucial step in system development. We’ve talked about how to create a model, and now we want to create a system to put that model into effect.

How much do you want to make? How much can you stand to lose? How will you recover if you lose too much? These are important considerations that will drive the basis for your system.

Your model and system let you identify and trade opportunities. Your position sizing is what determines how much you stand to make, and how much you may lose.

Sizing your positions strategically is most valuable when done in line with clear objectives. If you identify a high-probability trade, it’s only natural that you configure the risks and rewards to benefit you most. Here’s how.

It is much easier to build a winning system for one or two market types, rather than waste time and energy looking for the holy grail system that works in all market types.

In this lesson you will learn an easy-to-use visual approach to market type identification.