Business Finance Forex

The Advanced Forex Course for Smart Traders

Based on the careful study and application of methods from the famous ‘Market Wizards’
Rating: 4.1 out of 5 (869 ratings)
31,254 students
Created by Sam Eder
Enroll now
The Advanced Forex Course for Smart Traders
Rating: 4.1 out of 5 (869 ratings)
31,254 students
Buy now
Learn the practices and principles of the famous market wizards and how to apply them to Forex trading
Complete a 16 page interactive Forex trading plan template
Align your beliefs with the beliefs of top traders
Develop a big picture model of the market to guide you to where opportunities lie
Learn the basics of trading statistics and probability
Learn how to set effective objectives for your trading
Learn how to build a position sizing model to achieve your goals
Know how to identify the market type and trade the right strategy for the market type
Learn how to identify low risk trade ideas.
Learn how to find high probability set-ups and time an entry to improve the risk/reward ratio
Learn how to use dealing ranges to place your stop-loss
Learn how to adapt your exit strategy to what happens after you place a trade
Learn advanced trade management techniques for scaling-in and out of positions
Learn how to trade around your position and build a "risk-free" position
Learn how to improve your trading system by using advanced position sizing techniques
Learn how to run your trading business like a hedge fund
Develop the mindset of a master trader
Learn in-depth techniques for psychological transformation
Build a daily routine for peak trading performance

Requirements

  • Students will benefit from having access to Forex charts
Description

The Advanced Forex Course for Smart Traders is based on the careful study and application of the principles and practices of the famous "Market Wizards".

The Market Wizards are the elite traders and investors interviewed by Jack D. Schwager in his Market Wizards series of books.

This includes great traders such as Richard Dennis, Van K. Tharp, Tom Basso and Ray Dalio.

In this Forex course we have isolated what it is these top traders do, and how they think and present it to you in a week-by-week lesson format.

Here are the twenty lessons:

  • The power of beliefs and how they shape your trading
  • The 25 beliefs of highly successful traders and how to model them
  • The scientific path to financial freedom
  • How to develop a compelling model of the forex market
  • How to get an edge and trade like the “house”
  • How to set objectives that let you risk less and win big
  • Why it's through position sizing that you achieve your trading goals
  • The key to Forex system development: market types
  • Damn good Forex set-ups
  • How to stalk a “low risk /high reward” entry point
  • How your stops get hunted and what to do about it
  • Trading what's in-front of you with a complex exit strategy
  • Trading after the trade: advanced trade management techniques
  • How to run your trading business like a hedge-fund
  • How to avoid system death for good.
  • How to develop the master trader mindset
  • The one secret the world's top trading psychologist recommends
  • How trading is a game and you make the rules
  • Constructing advanced position sizing algorithms
  • The 12 daily tasks of top Forex traders
  • How to get in the trading zone like an elite athlete
  • Writing your trading plan and executing your strategy
Who this course is for:
  • The Advanced Forex Course for Smart Traders is suited to any level of trader whom has a grasp of the very basics. If you’re newer to trading, it will teach you the right way to do things… if you’re experienced it will provide you with more tools and sharpen your mental edge.
  • The course is NOT for students looks for training on basic terminology or how Forex trading works.
Course content
24 sections • 25 lectures • 4h 55m total length
  • The Road Map to the Advanced Forex Course for Smart Traders
    10:06
  • Lesson #1: How Beliefs Shape Your Trading
    07:40
  • Lesson #2: How to Model the Beliefs of Top Traders
    16:15
  • Lesson #3: The Scientific Path to Financial Freedom Through Forex Trading
    12:48
  • AUDUSD Trade Examples
    03:59
  • Lesson #4: How to Craft a Compelling Model of the Market
    07:01
  • Lesson #5: How to Get an Edge and Trade Like the House at a Casino
    13:12
  • Lesson #6: How to Set Forex Trading Objectives that Let You Win Big
    11:23
  • Lesson #7: You Achieve Your Goals Through Your Position Sizing Not Your Entry
    11:26
  • Lesson #8: The Key to Forex System Development: Market Types
    10:37

Featured review

Twaine Twaine
Twaine Twaine
340 courses
32 reviews
Rating: 5.0 out of 5a year ago
I have been a trader for 15 years and you are right on with this course. I have known about the market wizards but you brake it down were it makes sense. And you have taken what they have said and made it were anybody can understand it. And use it not only in trading, but use these principles in everyday life. I want to thank you for doing such in-depth study of these amazing traders again thank you Twaine.

Instructor
Sam Eder
Macro Forex Trader
Sam Eder
  • 4.1 Instructor Rating
  • 869 Reviews
  • 31,254 Students
  • 1 Course

Sam has been trading since 2007. Sam is an ex-army officer and he holds a masters in Leadership. In 2008 Sam joined one of the top 10 Global Forex brokerages, where he worked in both Australia and Singapore. Since then he started a share investing business, SpoonFed Investor and Forex trading business FX Renew.

Strategy

Heavily influenced by the Market Wizards, the following are five of Sam’s core beliefs on trading:

  • Entries give you an edge but position-sizing is how you achieve your trading objectives
  • It’s how you trade the market after you enter that matters
  • Work on your belief structure first. It will change everything
  • Mistakes kill trading systems, so learn to be in the zone and be mistake free
  • Trading is 100% psychology, as everything from placing a trade to developing systems is about the quality of your decisions.

Sam’s trading style is rules based discretionary. He looks to define the market type and direction using fundamentals and technicals, and then uses price action to stalk an low risk/high reward entry across time frames.